GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » DFS Furniture PLC (CHIX:DFSl) » Definitions » Earnings Yield (Joel Greenblatt) %

DFS Furniture (CHIX:DFSL) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is DFS Furniture Earnings Yield (Joel Greenblatt) %?

DFS Furniture's Enterprise Value for the quarter that ended in Dec. 2023 was £836 Mil. DFS Furniture's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £62 Mil. DFS Furniture's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

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

CHIX:DFSl' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.41   Med: 8.7   Max: 15.09
Current: 7.51

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of DFS Furniture was 15.09%. The lowest was -4.41%. And the median was 8.70%.

CHIX:DFSl's Earnings Yield (Joel Greenblatt) % is ranked better than
60.83% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.575 vs CHIX:DFSl: 7.51

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) %. DFS Furniture's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


DFS Furniture Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for DFS Furniture'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.

DFS Furniture Earnings Yield (Joel Greenblatt) % Chart

DFS Furniture Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 -4.03 11.15 9.21 7.92

DFS Furniture Semi-Annual Data
Jul13 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 9.21 - 7.92 -

Competitive Comparison of DFS Furniture's Earnings Yield (Joel Greenblatt) %

For the Furnishings, Fixtures & Appliances subindustry, DFS Furniture'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.


DFS Furniture's Earnings Yield (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, DFS Furniture's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



DFS Furniture 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.

DFS Furnitures Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=63.6/803.37552
=7.92 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.



DFS Furniture  (CHIX:DFSl) 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.


DFS Furniture Earnings Yield (Joel Greenblatt) % Related Terms

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


DFS Furniture (CHIX:DFSL) Business Description

Traded in Other Exchanges
Address
Adwick-le-Street, 1 Rockingham Way, Redhouse Interchange, Doncaster, South Yorkshire, GBR, DN6 7NA
DFS Furniture PLC is an upholstery retailer in the United Kingdom. It is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The company's segment includes DFS; Sofology and others. It generates maximum revenue from the DFS segment. DFS segment includes the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites.

DFS Furniture (CHIX:DFSL) Headlines

No Headlines