GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Earnings Yield (Joel Greenblatt) %

Anzu Special Acquisition I (Anzu Special Acquisition I) Earnings Yield (Joel Greenblatt) % : -3.27% (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Anzu Special Acquisition I Earnings Yield (Joel Greenblatt) %?

Anzu Special Acquisition I's Enterprise Value for the quarter that ended in Jun. 2023 was $0.00 Mil. Anzu Special Acquisition I's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-5.09 Mil. Anzu Special Acquisition I's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was -3.27%.

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

ANZUU' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.86   Med: 0   Max: 0
Current: -4.74
ANZUU's Earnings Yield (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.75 vs ANZUU: -4.74

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) %. Anzu Special Acquisition I's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 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.

Anzu Special Acquisition I Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Anzu Special Acquisition I'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.

Anzu Special Acquisition I Earnings Yield (Joel Greenblatt) % Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
- -1.01 -0.92

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.22 -0.84 -0.92 -3.87 -3.27

Competitive Comparison of Anzu Special Acquisition I's Earnings Yield (Joel Greenblatt) %

For the Shell Companies subindustry, Anzu Special Acquisition I'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.

Anzu Special Acquisition I's Earnings Yield (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Anzu Special Acquisition I's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Anzu Special Acquisition I's Earnings Yield (Joel Greenblatt) % falls into.


Anzu Special Acquisition I 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.

Anzu Special Acquisition Is Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.888/0
= %

Anzu Special Acquisition I's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.09 Mil.


Anzu Special Acquisition I  (NAS:ANZUU) 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.

Anzu Special Acquisition I Earnings Yield (Joel Greenblatt) % Related Terms

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

Anzu Special Acquisition I (Anzu Special Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Earnings Yield (Joel Greenblatt) %
Comparable Companies
TBCP TRAQ EQD DGNU PV UNEX SNRH FINM HHLA AGAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Website
https://www.anzuspac.com
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626