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Academy Sports and OutdoorsASO +1.26%79 Earnings Yield (Joel Greenblatt) % is 10.36% as of Apr. 2026, which is 17% below its 10-year median of 12.46. GuruFocus rates ASO with a GF Score™ of 79/100 and a GF Value™ of $59.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Academy Sports and Outdoors ranks better than 79.41% on this metric.
Academy Sports and Outdoors's Enterprise Value for the quarter that ended in Apr. 2026 was $5,096 Mil.
Academy Sports and Outdoors's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $528 Mil. Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 10.36%.
The historical rank and industry rank for Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASO'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.07 Med: 12.46 Max: 21.47
Current: 11.38
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Academy Sports and Outdoors was 21.47%. The lowest was 9.07%. And the median was 12.46%.
ASO's Earnings Yield (Joel Greenblatt) % is ranked better than 79.41% of 1127
companies
in the Retail - Cyclical industry
Industry Median: 5.46
vs ASO: 11.38
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) %. Academy Sports and Outdoors's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 7.97%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.
Academy Sports and Outdoors (NAS:ASO) 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.
Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Related Terms
Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Academy Sports and Outdoors'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.
Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Retail subindustry, Academy Sports and Outdoors'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.
Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % falls into.
Academy Sports and Outdoors 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.
Academy Sports and Outdoorss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2026 is calculated as
Academy Sports and Outdoors's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $528 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.36% mean?
Academy Sports and Outdoors (ASO) has a Earnings Yield (Joel Greenblatt) % of 10.36% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Academy Sports and Outdoors and its competitors. This is 17% below median its historical median of 12.46. Over the past decade, Academy Sports and Outdoors' Earnings Yield (Joel Greenblatt) % has ranged from 9.07 to 21.47. According to the industry distribution chart, Academy Sports and Outdoors ranks #232 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 20.6%.
Is Academy Sports and Outdoors' Earnings Yield (Joel Greenblatt) % too high?
Academy Sports and Outdoors' current Earnings Yield (Joel Greenblatt) % of 10.36% is 17% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 9.07 to a high of 21.47. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.46. Academy Sports and Outdoors' value of 10.36% is 89.7% above this industry median. Based on the distribution chart, Academy Sports and Outdoors ranks #232 out of 1127 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Academy Sports and Outdoors has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Academy Sports and Outdoors' Earnings Yield (Joel Greenblatt) % compare to RH and MNSO?
According to the Retail - Cyclical industry distribution chart, Academy Sports and Outdoors ranks #232 out of 1127 companies for Earnings Yield (Joel Greenblatt) %. This places Academy Sports and Outdoors in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.46. Academy Sports and Outdoors' value of 10.36% is 89.7% above this benchmark. Historically, Academy Sports and Outdoors' own Earnings Yield (Joel Greenblatt) % has ranged from 9.07 to 21.47 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 5.46, Academy Sports and Outdoors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.46, based on 1,127 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Academy Sports and Outdoors's current Earnings Yield (Joel Greenblatt) % of 10.36% is 89.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Academy Sports and Outdoors and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Academy Sports and Outdoors's current Earnings Yield (Joel Greenblatt) % is 10.36%, which is 17% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Academy Sports and Outdoors stock overvalued right now?
Based on GuruFocus' analysis, Academy Sports and Outdoors (ASO) is currently considered Modestly Undervalued. The stock's GF Value™ is $59.70, compared to a current price of $48.83 — trading 18.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.36%, which is 17% below median its 10-year median of 12.46 and 89.7% above the Retail - Cyclical industry median of 5.46. Academy Sports and Outdoors' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Academy Sports and Outdoors (ASO), the current Earnings Yield (Joel Greenblatt) % is 10.36% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Academy Sports and Outdoors (ASO) Overvalued in 2026?
Based on GuruFocus' analysis, Academy Sports and Outdoors stock appears to be undervalued.
The current stock price of $48.83 is trading 18.2% below its estimated GF Value™ of $59.70.
GuruFocus considers Academy Sports and Outdoors to be Modestly Undervalued.
Key valuation signals for ASO:
Earnings Yield (Joel Greenblatt) %: 10.36% (17% below median its 10-year median of 12.46)
GF Value™: $59.70 vs. price of $48.83 (18.2% below fair value)
Industry Position: 89.7% above the Retail - Cyclical median (#232 of 1127)
No single metric tells the full story. See the ASO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Academy Sports and Outdoors Inc is engaged in the full-line sporting goods and outdoor recreation retailer in the United States. The company's product categories are outdoors, apparel, sports & recreation, and footwear.
79GF Score
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