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CaleresCAL +1.71%60 Earnings Yield (Joel Greenblatt) % is 1.40% as of Apr. 2026, which is 83% below its 10-year median of 8.09. GuruFocus rates CAL with a GF Score™ of 60/100 and a GF Value™ of $24.95 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Caleres ranks worse than 71.78% on this metric.
Caleres's Enterprise Value for the quarter that ended in Apr. 2026 was $1,357 Mil.
Caleres's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $19 Mil. Caleres's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 1.40%.
The historical rank and industry rank for Caleres's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.05 Med: 8.09 Max: 15.69
Current: 1.44
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Caleres was 15.69%. The lowest was -71.05%. And the median was 8.09%.
CAL's Earnings Yield (Joel Greenblatt) % is ranked worse than 71.78% of 1127
companies
in the Retail - Cyclical industry
Industry Median: 5.54
vs CAL: 1.44
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) %. Caleres's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 13.88%. 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.
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.
Caleres Earnings Yield (Joel Greenblatt) % Related Terms
Caleres Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Caleres'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.
CAL vs SHOE, CTRN, GCO: Earnings Yield (Joel Greenblatt) % Comparison
For the Apparel Retail subindustry, Caleres'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.
Caleres Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Caleres's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Caleres's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Caleress Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2026 is calculated as
Caleres'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 $19 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.40% mean?
Caleres (CAL) has a Earnings Yield (Joel Greenblatt) % of 1.40% 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 Caleres and its competitors. This is 83% below median its historical median of 8.09. According to the industry distribution chart, Caleres ranks #809 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 71.8%.
Is Caleres' Earnings Yield (Joel Greenblatt) % too high?
Caleres' current Earnings Yield (Joel Greenblatt) % of 1.40% is 83% below median its 10-year median of 8.09. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.54. Caleres' value of 1.40% is 74.7% below this industry median. Based on the distribution chart, Caleres ranks #809 out of 1127 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Caleres has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleres' Earnings Yield (Joel Greenblatt) % compare to SHOE and CTRN?
According to the Retail - Cyclical industry distribution chart, Caleres ranks #809 out of 1127 companies for Earnings Yield (Joel Greenblatt) %. This places Caleres in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.54. Caleres' value of 1.40% is 74.7% below this benchmark. While the company's 10-year median is 8.09 vs. the industry median of 5.54, Caleres has consistently been below 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 5.54, 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. Caleres's current Earnings Yield (Joel Greenblatt) % of 1.40% is 74.7% below 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 Caleres and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caleres's current Earnings Yield (Joel Greenblatt) % is 1.40%, which is 83% below median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleres stock overvalued right now?
Based on GuruFocus' analysis, Caleres (CAL) is currently considered Significantly Undervalued. The stock's GF Value™ is $24.95, compared to a current price of $11.88 — trading 52.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.40%, which is 83% below median its 10-year median of 8.09 and 74.7% below the Retail - Cyclical industry median of 5.54. Caleres' overall GF Score™ is 60/100 with 5 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 Caleres (CAL), the current Earnings Yield (Joel Greenblatt) % is 1.40% 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 Caleres (CAL) Overvalued in 2026?
Based on GuruFocus' analysis, Caleres stock appears to be undervalued.
The current stock price of $11.88 is trading 52.4% below its estimated GF Value™ of $24.95.
GuruFocus considers Caleres to be Significantly Undervalued.
Key valuation signals for CAL:
Earnings Yield (Joel Greenblatt) %: 1.40% (83% below median its 10-year median of 8.09)
GF Value™: $24.95 vs. price of $11.88 (52.4% below fair value)
Industry Position: 74.7% below the Retail - Cyclical median (#809 of 1127)
No single metric tells the full story. See the CAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
60GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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