GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Buffalo Wild Wings Inc (NAS:BWLD) » Definitions » Earnings Yield (Joel Greenblatt) %

Buffalo Wild Wings (Buffalo Wild Wings) Earnings Yield (Joel Greenblatt) %

: 4.89% (As of Sep. 2017)
View and export this data going back to 2003. Start your Free Trial

Buffalo Wild Wings's Enterprise Value for the quarter that ended in Sep. 2017 was $2,038 Mil. Buffalo Wild Wings's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $100 Mil. Buffalo Wild Wings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2017 was 4.89%.

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

BWLD's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Restaurants industry.
Industry Median: 3.5
* 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) %. Buffalo Wild Wings's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2017 was 20.29%. 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.


Buffalo Wild Wings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Buffalo Wild Wings'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.

Buffalo Wild Wings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.23 3.73 4.10 4.48 4.84

Buffalo Wild Wings Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 5.60 4.84 4.39 4.39 4.89

Competitive Comparison

For the Restaurants subindustry, Buffalo Wild Wings'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.


Buffalo Wild Wings Earnings Yield (Joel Greenblatt) % Distribution

For the Restaurants industry and Consumer Cyclical sector, Buffalo Wild Wings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Buffalo Wild Wings 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.

Buffalo Wild Wingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=138.164/2855.862
=4.84 %

Buffalo Wild Wings's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $100 Mil.



Buffalo Wild Wings  (NAS:BWLD) 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.


Buffalo Wild Wings Earnings Yield (Joel Greenblatt) % Related Terms

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


Buffalo Wild Wings (Buffalo Wild Wings) Business Description

Traded in Other Exchanges
N/A
Address
Buffalo Wild Wings operates and franchises restaurants under the names Buffalo Wild Wings, R Taco, and PizzaRev. The Buffalo Wild Wings restaurants, which provide the vast majority of company revenue, have sports-bar atmospheres and feature Buffalo-style chicken wings. The restaurants are designed for group gatherings and feature projection screens and dozens of televisions. About half of the company's restaurants are franchised. The company has a centralized supply chain that serves all company-owned and franchised restaurants. The majority of its restaurants are in the United States, but the company has a small presence in Canada and Mexico and is expanding to the Middle East and Asia.
Executives
Richard Mcguire director FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Alexander H Ware officer: Chief Financial Officer 4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402
Andre J Fernandez director 333 WEST STATE STREET, MILWAUKEE WI 53203
Harmit J Singh director 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Cindy L Davis director 2635 SW GRENWOLDE PLACE, PORTLAND OR 97201
Andrew D. Block officer: SVP-Talent Management 5500 WAYZATA BOULEVARD, SUITE 1600, MINNEAPOLIS MN 55416
Lawton Iii Harry A director C/O EBAY INC., 2065, SAN JOSE CA 95125
Marcato Capital Management Llc director FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Marcato International Master Fund, Ltd. director C/O OGIER FIDUCIARY SERVICES (CAYMAN)LTD, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Janice L Fields director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
Scott Bergren director 1441 GARDINER LANE, LOUISVILLE KY 40213
Sally J Smith officer: CEO & President 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Sam Brian Rovit director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Michael P Johnson director 2431 EAST 61ST STREET, TULSA OK 74136
Mary J Twinem officer: Exec VP, CFO & Treasurer 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416

Buffalo Wild Wings (Buffalo Wild Wings) Headlines

From GuruFocus

Buffaloes Can Fly, Sometimes Too High

By Dr. Paul Price Dr. Paul Price 07-31-2014

Buffalo Wild Wings Inc. (BWLD) CEO and President Sally J Smith sells 1,811 Shares

By GuruFocus Research GuruFocus Editor 11-24-2010

Giverny Capital's Podium of Errors - Buffalo Wild Wings

By Grass Hopper Grass Hopper 03-25-2014

Seeking Value in Restaurants: Buffalo Wild Wings

By Mark Yu Mark Yu 07-09-2017

Top Stock Pick 2015 – Restaurant Industry

By reports.droy reports.droy 02-25-2015

Buffalo Wild Wings Inc. (BWLD) CEO and President Sally J Smith sells 2,000 Shares

By GuruFocus Research GuruFocus Editor 02-23-2011