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Abercrombie & Fitch Co (Abercrombie & Fitch Co) Earnings Yield (Joel Greenblatt) %

: 9.70% (As of Jan. 2024)
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Abercrombie & Fitch Co's Enterprise Value for the quarter that ended in Jan. 2024 was $5,308 Mil. Abercrombie & Fitch Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $515 Mil. Abercrombie & Fitch Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 9.70%.

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

ANF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.17   Med: 7.2   Max: 17.78
Current: 8.22

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Abercrombie & Fitch Co was 17.78%. The lowest was -6.17%. And the median was 7.20%.

ANF's Earnings Yield (Joel Greenblatt) % is ranked better than
69.2% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 4.795 vs ANF: 8.22

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) %. Abercrombie & Fitch Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 23.31%. 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.


Abercrombie & Fitch Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Abercrombie & Fitch Co'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.

Abercrombie & Fitch Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.28 -0.90 14.01 4.55 9.70

Abercrombie & Fitch Co Quarterly Data
Apr19 Jul19 Oct19 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 Premium Member Only Premium Member Only 4.55 7.57 9.46 10.50 9.70

Competitive Comparison

For the Apparel Retail subindustry, Abercrombie & Fitch Co'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.


Abercrombie & Fitch Co Earnings Yield (Joel Greenblatt) % Distribution

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

* The bar in red indicates where Abercrombie & Fitch Co's Earnings Yield (Joel Greenblatt) % falls into.



Abercrombie & Fitch Co 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.

Abercrombie & Fitch Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=514.651/5308.261
=9.70 %

Abercrombie & Fitch Co'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 $515 Mil.



Abercrombie & Fitch Co  (NYSE:ANF) 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.


Abercrombie & Fitch Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Abercrombie & Fitch Co (Abercrombie & Fitch Co) Business Description

Traded in Other Exchanges
Address
6301 Fitch Path, New Albany, OH, USA, 43054
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Executives
Scott D. Lipesky officer: SVP and CFO 6301 FITCH PATH, NEW ALBANY OH 43054
Kristin A. Scott officer: Brand President-Hollister Co. 6301 FITCH PATH, NEW ALBANY OH 43054
Jay Rust officer: EVP Human Resources 6301 FITCH PATH, NEW ALBANY OH 43054
Samir Desai officer: EVP;Chief Digital&Tech Officer 6301 FITCH PATH, NEW ALBANY OH 43054
Sarah M. Gallagher director 6301 FITCH PATH, NEW ALBANY OH 43054
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Gregory J Henchel officer: SVP, Gen Cnsl & Secy C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Fran Horowitz-bonadies officer: President of Hollister brand 6301 FITCH PATH, NEW ALBANY OH 43054
Terry Lee Burman director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Kerrii B Anderson director WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Suzanne M Coulter director 6301 FITCH PATH, NEW ALBANY OH 43054
Charles R Perrin director C/O AVON PRODUCS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Holly May officer: SVP, Chief HR Officer 6301 FITCH PATH, NEW ALBANY OH 43054
James A Goldman director