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The Duckhorn Portfolio (The Duckhorn Portfolio) Earnings Yield (Joel Greenblatt) % : 8.26% (As of Jan. 2024)


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What is The Duckhorn Portfolio Earnings Yield (Joel Greenblatt) %?

The Duckhorn Portfolio's Enterprise Value for the quarter that ended in Jan. 2024 was $1,281.0 Mil. The Duckhorn Portfolio's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $105.8 Mil. The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 8.26%.

The historical rank and industry rank for The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NAPA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.74   Med: 4.14   Max: 8.88
Current: 7.22

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of The Duckhorn Portfolio was 8.88%. The lowest was 2.74%. And the median was 4.14%.

NAPA's Earnings Yield (Joel Greenblatt) % is ranked better than
66.36% of 220 companies
in the Beverages - Alcoholic industry
Industry Median: 5.09 vs NAPA: 7.22

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. The Duckhorn Portfolio's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


The Duckhorn Portfolio Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Duckhorn Portfolio Earnings Yield (Joel Greenblatt) % Chart

The Duckhorn Portfolio Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) %
- - 3.27 3.80 6.25

The Duckhorn Portfolio Quarterly Data
Jul19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.05 4.57 6.25 7.11 8.26

Competitive Comparison of The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) %

For the Beverages - Wineries & Distilleries subindustry, The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % falls into.



The Duckhorn Portfolio Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

The Duckhorn Portfolios Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=106.19/1698.55928
=6.25 %

The Duckhorn Portfolio's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $105.8 Mil.



The Duckhorn Portfolio  (NYSE:NAPA) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


The Duckhorn Portfolio Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of The Duckhorn Portfolio's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


The Duckhorn Portfolio (The Duckhorn Portfolio) Business Description

Traded in Other Exchanges
Address
1201 Dowdell Lane, Saint Helena, CA, USA, 94574
The Duckhorn Portfolio Inc produces luxury and ultra-luxury wine across a portfolio of winery brands, including Duckhorn Vineyards, Paraduxx, Goldeneye, Migration, Decoy, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. Its revenue is comprised of wholesale and direct-to-consumer sales. Wholesale revenue is generated through sales directly to California retailers and restaurants, sales to distributors and agents located in other states throughout the United States, and sales to export distributors that sell internationally.
Executives
Sullivan Sean B.a. officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Pete Przybylinski officer: Chief Sales Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Zach Rasmuson officer: Chief Operating Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Deirdre Mahlan director 1201 DOWDELL LANE, SAINT HELENA CA 94574
Jung Jennifer Fall officer: See Remarks C/O FUNKO, INC., WETMORE AVENUE, EVERETT WA 98201
Mallard Holdco, Llc 10 percent owner C/O TSG CONSUMER PARTNERS LP, 1100 LARKSPUR LANDING CIRCLE, SUITE 360, LARKSPUR CA 94939
Lori Beaudoin officer: Chief Financial Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Adriel G Lares director C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Alex Ryan director, officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Gayle Bartscherer officer: See Remarks C/O DUCKHORN PORTFOLIO, INC., 1201 DOWDELL AVENUE, SAINT HELENA CA 94574
Carol Reber officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Michelle J. Gloeckler director C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Charles Esserman director 26 FOX RUN ROAD, NEWINGTON NH 03801
Melanie Cox director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Daniel Costello director 1201 DOWDELL LANE, SAINT HELENA CA 94574