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Boozt AB (OSTO:BOOZT) Earnings Yield (Joel Greenblatt) % : 3.31% (As of Mar. 2024)


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What is Boozt AB Earnings Yield (Joel Greenblatt) %?

Boozt AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr9,447 Mil. Boozt AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr313 Mil. Boozt AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 3.31%.

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

OSTO:BOOZT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.25   Med: 2.26   Max: 5.39
Current: 3.38

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Boozt AB was 5.39%. The lowest was -2.25%. And the median was 2.26%.

OSTO:BOOZT's Earnings Yield (Joel Greenblatt) % is ranked worse than
57.96% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 4.835 vs OSTO:BOOZT: 3.38

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) %. Boozt AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 20.07%. 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.


Boozt AB Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Boozt AB'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.

Boozt AB Earnings Yield (Joel Greenblatt) % Chart

Boozt AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 1.67 2.28 3.57 3.70

Boozt AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.17 3.41 4.56 3.70 3.31

Competitive Comparison of Boozt AB's Earnings Yield (Joel Greenblatt) %

For the Apparel Retail subindustry, Boozt AB'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.


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

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

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



Boozt AB 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.

Boozt ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=311/8408.89759
=3.70 %

Boozt AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr313 Mil.



Boozt AB  (OSTO:BOOZT) 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.


Boozt AB Earnings Yield (Joel Greenblatt) % Related Terms

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Boozt AB (OSTO:BOOZT) Business Description

Industry
Traded in Other Exchanges
Address
Hyllie Boulevard 35, Malmo, SWE, 215 37
Boozt AB is a Nordic technology company selling fashion, apparel, and beauty online. The company operates in two segments: Boozt.com, and Booztlet.com. The Boozt.com segment consists of the operational activities related to the multi-brand webstore Boozt.com. The webstore Boozt.com is the online destination for Fashion, Kids, Sports, Beauty, and Home, tailored to deliver convenience and a curated selection of brands. The Booztlet.com segment consists of the operational activities related to Booztlet.com. The Booztlet.com segment mainly operates as the group's channel for inventory clearance, retailing items that did not sell within an allotted time frame in the webstores. The majority of its revenue is derived from Boozt.com. Geographically, the majority is derived from the Nordics.

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