GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Buckle Inc (NYSE:BKE) » Definitions » Earnings Yield (Joel Greenblatt) %
中文

Buckle (Buckle) Earnings Yield (Joel Greenblatt) %

: 14.27% (As of Jan. 2024)
View and export this data going back to 1992. Start your Free Trial

Buckle's Enterprise Value for the quarter that ended in Jan. 2024 was $1,901 Mil. Buckle's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $271 Mil. Buckle's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 14.27%.

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

BKE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.54   Med: 14.61   Max: 30.97
Current: 14.35

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Buckle was 30.97%. The lowest was 7.54%. And the median was 14.61%.

BKE's Earnings Yield (Joel Greenblatt) % is ranked better than
85.64% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 4.79 vs BKE: 14.35

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) %. Buckle's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 was 31.64%. 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.


Buckle Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Buckle'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.

Buckle 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 9.78 8.72 17.73 14.68 14.27

Buckle 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 14.68 18.02 16.39 17.18 14.27

Competitive Comparison

For the Apparel Retail subindustry, Buckle'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.


Buckle Earnings Yield (Joel Greenblatt) % Distribution

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

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



Buckle 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.

Buckles Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=271.059/1901.039988
=14.26 %

Buckle'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 $271 Mil.



Buckle  (NYSE:BKE) 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.


Buckle Earnings Yield (Joel Greenblatt) % Related Terms

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


Buckle (Buckle) Business Description

Industry
Traded in Other Exchanges
Address
2407 West 24th Street, Kearney, NE, USA, 68845-4915
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
Executives
Kelli D Molczyk officer: SVP Women's Merchandising 2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie officer: SVP Leasing
Dennis H Nelson director, officer: President & CEO
Thomas B Heacock director, officer: SVP Finance, Treasurer, & CFO 2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield director 111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman officer: VP SALES 2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith officer: VP of Sales
Shruti S Joshi director 2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate officer: VP SUPPLY CHAIN & MERCH OP 2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz director 2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg officer: VP MEN'S MERCHANDISING 2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads director, officer: VP of Finance, Treasurer & CFO
James E Shada director, officer: Executive VP Sales
Bruce Hoberman director
Angie J Klein director 2407 W 24TH STREET, KEARNEY NE 68845

Buckle (Buckle) Headlines

From GuruFocus

The Buckle, Inc. Reports Quarterly Dividend

By Business Wire 09-12-2023

The Buckle, Inc. Reports Quarterly Dividend

By Business Wire Business Wire 06-06-2023

The Buckle, Inc. Reports April 2022 Net Sales

By Business Wire Business Wire 05-05-2022

Buckle Inc's Dividend Analysis

By GuruFocus Research 10-11-2023

The Buckle, Inc. Reports Second Quarter Net Income

By Business Wire 08-18-2023

Buckle Up for This Popular Hedge Fund Pick

By Ben Alaimo 05-20-2022

The Buckle, Inc. Reports June 2022 Net Sales

By Business Wire Business Wire 07-07-2022

The Buckle, Inc. Reports May 2022 Net Sales

By Business Wire Business Wire 06-02-2022

The Buckle, Inc. Reports Quarterly Dividend

By Business Wire Business Wire 06-07-2022