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Bed Bath & Beyond (Bed Bath & Beyond) Earnings Yield (Joel Greenblatt) % : -96.15% (As of Feb. 2023)


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What is Bed Bath & Beyond Earnings Yield (Joel Greenblatt) %?

Bed Bath & Beyond's Enterprise Value for the quarter that ended in Feb. 2023 was $3,551 Mil. Bed Bath & Beyond's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 was $-3,419 Mil. Bed Bath & Beyond's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2023 was -96.15%.

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

BBBYQ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -108.12   Med: -108.12   Max: -30.92
Current: -101.01

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Bed Bath & Beyond was -30.92%. The lowest was -108.12%. And the median was -108.12%.

BBBYQ's Earnings Yield (Joel Greenblatt) % is not ranked
in the Retail - Cyclical industry.
Industry Median: 4.855 vs BBBYQ: -101.01

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) %. Bed Bath & Beyond's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 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.


Bed Bath & Beyond Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Earnings Yield (Joel Greenblatt) % Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.22 -18.66 -5.59 -10.26 -96.15

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 - - - - -96.15

Competitive Comparison of Bed Bath & Beyond's Earnings Yield (Joel Greenblatt) %

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Bed Bath & Beyond's Earnings Yield (Joel Greenblatt) % falls into.



Bed Bath & Beyond 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.

Bed Bath & Beyonds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3419.373/3551.18253
=-96.29 %

Bed Bath & Beyond's EBIT for the trailing twelve months (TTM) ended in Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,419 Mil.



Bed Bath & Beyond  (OTCPK:BBBYQ) 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.


Bed Bath & Beyond Earnings Yield (Joel Greenblatt) % Related Terms

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


Bed Bath & Beyond (Bed Bath & Beyond) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.
Executives
Carol Flaton director 1001 LOUISIANA STREET, HOUSTON TX 77002
Scott Lindblom officer: EVP, Chief Tech & Digital OFC 650 LIBERTY AVENUE, UNION NJ 07083
Patty Wu officer: EVP, BRAND PRESIDENT 650 LIBERTY AVENUE, UNION NJ 07083
Hobart Sichel officer: EVP,CHF MARKET'G&CUSTOMER OFC 1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Kastin officer: EVP, CHIEF LEGAL OFFICER C/O VITAMIN SHOPPE, INC., SECAUCUS NJ 07094
Gustavo Arnal officer: EVP, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Rc Ventures Llc 10 percent owner, other: See Footnote 1 PO BOX 25250, PMB 30427, MIAMI FL 33102
Ryan Cohen 10 percent owner, other: See Footnote 1 C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
Laura Crossen officer: SVP, CHIEF ACCOUNTING OFFICER C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Mara Sirhal officer: EVP, CHIEF MERCHANDISING OFC C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Harriet Edelman director
Jeff Kirwan director TWO FOLSOM STREET, SAN FRANCISCO CA 94105
Sue Gove director, officer: INTERIM CEO 901 WEST WALNUT HILL LANE, MAIL STATION 6B-3, IRVING TX 75038
Mark J Tritton director, officer: PRESIDENT AND CEO TARGET CORPORATION, 1000 NICOLLET MALL, MINNEAPOLIS MN 55403