SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'earning_yield_greenblatt' GME (GameStop) Earnings Yield (Joel Greenblatt) %
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GameStop (GameStop) Earnings Yield (Joel Greenblatt) %

: -0.79% (As of Jan. 2024)
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GameStop's Enterprise Value for the quarter that ended in Jan. 2024 was $3,754 Mil. GameStop's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-30 Mil. GameStop's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -0.79%.

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

GME' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -737.23   Med: -1.17   Max: 35.41
Current: -1.16

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of GameStop was 35.41%. The lowest was -737.23%. And the median was -1.17%.

GME's Earnings Yield (Joel Greenblatt) % is ranked worse than
75.56% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 4.79 vs GME: -1.16

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


GameStop Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for GameStop'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.

GameStop Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.74 -1.17 -4.73 -5.25 -0.79

GameStop 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) % 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 -5.25 -4.09 -2.01 -1.20 -0.79

Competitive Comparison

For the Specialty Retail subindustry, GameStop'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.


GameStop Earnings Yield (Joel Greenblatt) % Distribution

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

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



GameStop 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-29.7/3753.611
=-0.79 %

GameStop'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 $-30 Mil.



GameStop  (NYSE:GME) 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.


GameStop Earnings Yield (Joel Greenblatt) % Related Terms

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


GameStop (GameStop) Business Description

Industry
Address
625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites, including www.gamestop.com, www.ebgames.com.au, and www.micromania.fr. The company has two main business segments: Video game brands and Technology brands. The technology brands segment sells wireless products and services and operates Spring Mobile managed AT&T and Cricket Wireless branded stores, along with the Simply Mac business.
Executives
Mark Haymond Robinson officer: General Manager 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Daniel William Moore officer: PAO and Interim PFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Lawrence Cheng director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alain Attal director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nir Vinay Patel officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Diana Saadeh-jajeh officer: SVP, Interim CFO C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Ryan Cohen director, 10 percent owner C/O OLSHAN FROME WOLOSKY LLP, 1325 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Rc Ventures Llc 10 percent owner PO BOX 25250, PMB 30427, MIAMI FL 33102
Michael Recupero officer: Chief Financial Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
James Grube director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Matthew Furlong director, officer: Chief Executive Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPVINE TX 76051
Yang Xu director C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Jenna Owens officer: Chief Operating Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Raul J Fernandez director 11600 SUNRISE VALLEY DR, RESTON VA 20191
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051

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