GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Renner SA (BSP:LREN3) » Definitions » Earnings Yield (Joel Greenblatt) %

Lojas Renner (BSP:LREN3) Earnings Yield (Joel Greenblatt) % : 12.89% (As of Mar. 2025)


View and export this data going back to 2005. Start your Free Trial

What is Lojas Renner Earnings Yield (Joel Greenblatt) %?

Lojas Renner's Enterprise Value for the quarter that ended in Mar. 2025 was R$13,709 Mil. Lojas Renner's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was R$1,767 Mil. Lojas Renner's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 12.89%.

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

BSP:LREN3' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.36   Med: 5.56   Max: 12.84
Current: 9.35

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Lojas Renner was 12.84%. The lowest was 1.36%. And the median was 5.56%.

BSP:LREN3's Earnings Yield (Joel Greenblatt) % is ranked better than
76.88% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 4.715 vs BSP:LREN3: 9.35

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) %. Lojas Renner's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 11.56%. 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.


Lojas Renner Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lojas Renner'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.

Lojas Renner Earnings Yield (Joel Greenblatt) % Chart

Lojas Renner Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 4.17 8.89 6.79 12.09

Lojas Renner Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.73 11.55 9.37 12.09 12.89

Competitive Comparison of Lojas Renner's Earnings Yield (Joel Greenblatt) %

For the Department Stores subindustry, Lojas Renner'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.


Lojas Renner's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

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

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


;
;

Lojas Renner 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.

Lojas Renners Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1638.517/13552.59584
=12.09 %

Lojas Renner's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,767 Mil.



Lojas Renner  (BSP:LREN3) 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.


Lojas Renner Earnings Yield (Joel Greenblatt) % Related Terms

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


Lojas Renner Business Description

Traded in Other Exchanges
N/A
Address
Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400
Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. The company operates in two segments: Retail segment involves sale of garment items, perfumery, cosmetics, watches, as well as the home & decoration segment, urban deliveries, and logistics management solutions covering the operations of Renner, Camicado, Youcom, Repassa, Uello, and the operations in Uruguay and Argentina; and Financial products segment involves granting of loans to individuals and legal entities, financing of purchases, insurance, and credit and debit transactions inherent to credit, financing and investment companies. It derives maximum revenue from Retail segment.

Lojas Renner Headlines

No Headlines