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Poshmark (Poshmark) Earnings Yield (Joel Greenblatt) % : -11.59% (As of Sep. 2022)


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What is Poshmark Earnings Yield (Joel Greenblatt) %?

Poshmark's Enterprise Value for the quarter that ended in Sep. 2022 was $661.1 Mil. Poshmark's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-76.6 Mil. Poshmark's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2022 was -11.59%.

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

POSH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.98   Med: -8.26   Max: 0.94
Current: -9.12

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Poshmark was 0.94%. The lowest was -26.98%. And the median was -8.26%.

POSH's Earnings Yield (Joel Greenblatt) % is not ranked
in the Retail - Cyclical industry.
Industry Median: 4.73 vs POSH: -9.12

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) %. Poshmark's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2022 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.


Poshmark Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Poshmark'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.

Poshmark Earnings Yield (Joel Greenblatt) % Chart

Poshmark Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
- - - -6.05

Poshmark Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -2.11 -6.05 -9.61 -26.53 -11.59

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

For the Internet Retail subindustry, Poshmark'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.


Poshmark's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Poshmark's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Poshmark 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.

Poshmarks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-44.425/734.559133
=-6.05 %

Poshmark's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-76.6 Mil.



Poshmark  (NAS:POSH) 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.


Poshmark Earnings Yield (Joel Greenblatt) % Related Terms

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


Poshmark (Poshmark) Business Description

Industry
Traded in Other Exchanges
N/A
Address
203 Redwood Shores Parkway, 8th Floor, Redwood City, CA, USA, 94065
Poshmark is one of the largest players in a quickly growing e-commerce resale space, connecting more than 30 million active users on a platform that sells men's and women's apparel, accessories, shoes, and more recently consumer electronics and pet products. The marketplace operates in four countries--the U.S., Canada, Australia, and India--with a capital-light, peer-to-peer model that dovetails nicely with prevailing trends toward social commerce, apparel resale, and an ongoing pivot toward the e-commerce channel. With $1.8 billion in 2021 gross merchandise volume, or GMV, we estimate that the firm captured about 13%-14% of the domestic online resale market, with rolling lockdowns and tangled supply chains providing a meaningful impetus for channel trial during 2020 and 2021.
Executives
Ebony Beckwith director 203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
Rodrigo Brumana officer: Chief Financial Officer 203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
John Michael Mcdonald officer: Chief Operating Officer C/O POSHMARK, INC., 203 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Manish Chandra director, officer: President and CEO C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065
Hans Tung director 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Anderson Investments Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Thomson Capital Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Kapil Agrawal officer: Interim CFO 203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
Ggv Capital V L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Mv Management Xi, L.l.c. 10 percent owner 1300 EL CAMINO REAL, SUITE 150, MENLO PARK CA 94025
Anan Kashyap officer: Chief Financial Officer C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065
Menlo Ventures Xi, L.p. 10 percent owner 2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John W Marren director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102