Furniture Brands International, (FRA:FBN1) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Jun. 2013)

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What is Furniture Brands International, Earnings Yield (Joel Greenblatt) %?

Furniture Brands International,'s Enterprise Value for the quarter that ended in Jun. 2013 was €0.0 Mil. Furniture Brands International,'s EBIT for the trailing twelve months (TTM) ended in Jun. 2013 was €-76.8 Mil. Furniture Brands International,'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2013 was 0.00%.

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

FRA:FBN1's Earnings Yield (Joel Greenblatt) % is not ranked ^*
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 5.85
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Furniture Brands International,'s Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2013 was -14.54%. 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.

Furniture Brands International, Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Furniture Brands International,'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.

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Furniture Brands International, Earnings Yield (Joel Greenblatt) % Chart

Furniture Brands International, Annual Data

Trend

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Earnings Yield (Joel Greenblatt) %

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Furniture Brands International, Quarterly Data
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Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Furniture Brands International,'s Earnings Yield (Joel Greenblatt) %

For the Furnishings, Fixtures & Appliances subindustry, Furniture Brands International,'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.

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

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

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

Furniture Brands International, 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.

Furniture Brands International,s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2012 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-33.042	/	0
	=	%

Furniture Brands International,'s EBIT for the trailing twelve months (TTM) ended in Jun. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-76.8 Mil.

Furniture Brands International, (FRA:FBN1) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Furniture Brands International, Earnings Yield (Joel Greenblatt) % Related Terms

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

Furniture Brands International, (FRA:FBN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Furniture Brands International, Inc. (FRA:FBN1) » Definitions » Earnings Yield (Joel Greenblatt) %

Traded in Other Exchanges

N/A

Address

Website

http://www.furniturebrands.com

Furniture Brands International, Inc., is a Delaware corporation, which was organized in 1921 as a holding company. The Company is engaged in designing, manufacturing, sourcing and retailing of home furnishings. It markets products through a wide range of channels, including its own Thomasville retail stores and through interior designers, multi-line/independent retailers and mass merchant stores. Its portfolio includes Thomasville, Broyhill, Lane, Drexel Heritage, Henredon, Pearson, Hickory Chair, Lane Venture, Maitland-Smith and La Barge. Through these brands, the Company offers case goods, consisting of bedroom, dining room, and living room wood furniture; stationary upholstery products, consisting of sofas, loveseats, sectionals, and chairs; motion upholstered furniture, consisting of recliners and sleep sofas; occasional furniture, consisting of wood, metal and glass tables, accent pieces, home entertainment centers, and home office furniture; and decorative accessories and accent pieces. The Company's brands are featured in every price and product category in the residential furniture industry. Each of its brands targets specific customers in relation to style and price point. The raw materials used in manufacturing its products include lumber, veneers, plywood, fiberboard, particleboard, steel, paper, hardware, adhesives, finishing materials, glass, mirrored glass, fabrics, leathers, metals, stone, synthetics and upholstered filling material. The Company's products compete against domestic manufacturers, importers, and foreign manufacturers entering the United States market; as well as increased direct importing by some larger retailers. Its competitors include: Ashley Furniture Industries, Inc.; La-Z-Boy Incorporated; Ethan Allen Interiors Inc., and many other home furnishings retailers and manufacturers. The elements of competition include price, style, quality, service, brand and marketing.

Furniture Brands International, (FRA:FBN1) Headlines

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