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Barnes & Noble (Barnes & Noble) Earnings Yield (Joel Greenblatt) %

: 2.94% (As of Apr. 2019)
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Barnes & Noble's Enterprise Value for the quarter that ended in Apr. 2019 was $562 Mil. Barnes & Noble's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 was $17 Mil. Barnes & Noble's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2019 was 2.94%.

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

BKS's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 4.84
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Barnes & Noble's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2019 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.


Barnes & Noble Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Barnes & Noble'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.

Barnes & Noble Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.25 1.64 8.08 -23.20 2.94

Barnes & Noble Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -23.20 -21.05 -14.16 1.94 2.94

Competitive Comparison

For the Specialty Retail subindustry, Barnes & Noble'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.


Barnes & Noble Earnings Yield (Joel Greenblatt) % Distribution

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

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



Barnes & Noble 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.

Barnes & Nobles Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=16.529/561.73311
=2.94 %

Barnes & Noble's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $17 Mil.



Barnes & Noble  (NYSE:BKS) 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.


Barnes & Noble Earnings Yield (Joel Greenblatt) % Related Terms

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


Barnes & Noble (Barnes & Noble) Business Description

Traded in Other Exchanges
N/A
Address
122 Fifth Avenue, New York, NY, USA, 10011
Barnes & Noble is a United States-based company that is mainly engaged in retail of books and products of content, digital media, and educational products. The company operates in a multichannel model, including a physical bookstore network throughout the country, an e-commerce platform on BN.com, and its Nook digital business. The company offers books, magazines, music, DVDs, newspapers, and entertainment content, along with e-reading products under the Nook brand. Retail sales from physical stores and BN.com account for the majority of the company's total revenue.
Executives
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Mark D Carleton director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Scott S Cowen director 7=6823 ST CHARLES AVE, NEW ORLEANS LA 70118
William Earl Wood officer: Exec. VP, Pres. of Digital 1901 CAPITAL PARKWAY, AUSTIN TX 78746
George Jr Campbell director 4 IRVING PLACE, NEW YORK NY 10003
Patricia Higgins director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Irwin D Simon director C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Leonard Riggio director, 10 percent owner, officer: Executive Chairman 122 FIFTH AVE, NEW YORK NY 10011
Allen W Lindstrom officer: Chief Financial Officer C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Bradley A. Feuer officer: VP, Gen. Counsel & Corp. Secy C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Paul B Guenther director C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Joseph Charles Gorman officer: Executive VP, Operations C/O GNC HOLDINGS, INC. 300 SIXTH AVENUE PITTSBURGH PA 15222
Tim Mantel officer: Chief Merchandising Officer C/O BARNES & NOBLE, INC 122 FIFTH AVENUE NEW YORK NY 10011
Carl S Hauch officer: Vice President, Stores ADVANCE AUTO PARTS, INC, 5008 AIRPORT RD, ROANOKE VA 24012
Demos Parneros director, officer: Chief Executive Officer 483 BAY ST, 7TH FL NORTH TOWER, TORONTOON A1 999999999

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