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DLH Holdings (DLH Holdings) Earnings Yield (Joel Greenblatt) % : 4.80% (As of Mar. 2024)


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What is DLH Holdings Earnings Yield (Joel Greenblatt) %?

DLH Holdings's Enterprise Value for the quarter that ended in Mar. 2024 was $370.9 Mil. DLH Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $17.8 Mil. DLH Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 4.80%.

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

DLHC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.88   Med: 6.56   Max: 17.33
Current: 5.16

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DLH Holdings was 17.33%. The lowest was -17.88%. And the median was 6.56%.

DLHC's Earnings Yield (Joel Greenblatt) % is ranked worse than
53.11% of 1109 companies
in the Business Services industry
Industry Median: 5.48 vs DLHC: 5.16

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) %. DLH Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 33.25%. 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.


DLH Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for DLH Holdings'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.

DLH Holdings Earnings Yield (Joel Greenblatt) % Chart

DLH Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.53 7.16 8.27 16.39 4.23

DLH Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only 5.46 5.72 4.23 4.31 4.80

Competitive Comparison of DLH Holdings's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, DLH Holdings'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.


DLH Holdings's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DLH Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



DLH Holdings 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.

DLH Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=14.973/354.2875
=4.23 %

DLH Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.8 Mil.



DLH Holdings  (NAS:DLHC) 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.


DLH Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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DLH Holdings (DLH Holdings) Business Description

Industry
Traded in Other Exchanges
Address
3565 Piedmont Road, NE Building 3, Suite 700, Atlanta, GA, USA, 30305
DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs. It is engaged in public health, performance evaluation, and health operations to solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, analytics, cloud-based applications, and telehealth systems.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Judith L Bjornaas director 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Jacqueline S. Everett officer: Chief Growth Officer 4602 QUARTZ ROCK CT., CHANTILLY VA 20151
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Galeel Maliek Ferebee officer: Chief Human Resources Officer 2659 WINTER MORNING WAY, OLNEY MD 20832
Kathryn M. Johnbull officer: Chief Financial Officer 1776 PEACHTREE STREET, NW, SUITE 300S, ATLANTA GA 30309
Stephen Zelkowicz director C/O SUMMER INFANT, INC., 1275 PARK EAST DRIVE, WOONSOCKET RI 02895
Zachary Parker director, officer: CEO and President TEAMSTAFF, INC., 1 EXECUTIVE DRIVE, SUITE 130, SOMERSET NJ 08873
James P Allen director C/O GRC INTERNATIONAL INC, 1900 GALLOWS RD, VIENNA VA 22182
Jeanine M. Christian officer: Pres. Social&Scientific Sys 523 PICCADILLY ROAD, TOWNSON MD 21204
Kevin Wilson officer: President, DLH Solutions 3525 HIGHWAY 81 S., TEAMSTAFF GOVERNMENT SOLUTIONS, INC., LOGANVILLE GA 30052
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Nelson Obus 10 percent owner
Martin J Delaney director 37 OVERLOOK TRAIL, NEWARK NJ 07950