B&M European Value Retail's Enterprise Value for the quarter that ended in Mar. 2023 was £6,848 Mil.
B&M European Value Retail's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was £535 Mil. B&M European Value Retail's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2023 was 7.81%.
The historical rank and industry rank for B&M European Value Retail's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LSE:BME'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.11 Med: 5.63 Max: 11.95
Current: 7.5
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of B&M European Value Retail was 11.95%. The lowest was 2.11%. And the median was 5.63%.
LSE:BME's Earnings Yield (Joel Greenblatt) % is ranked better than 57.55% of 318
companies
in the Retail - Defensive industry
Industry Median: 6.275
vs LSE:BME: 7.50
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) %. B&M European Value Retail's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2023 was 28.94%. 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.
B&M European Value Retail Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for B&M European Value Retail'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.
B&M European Value Retail Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Earnings Yield (Joel Greenblatt) %
5.70
7.55
8.57
8.21
7.81
B&M European Value Retail Semi-Annual Data
Sep13
Sep14
Mar15
Sep15
Mar16
Sep16
Mar17
Sep17
Mar18
Sep18
Mar19
Sep19
Mar20
Sep20
Mar21
Sep21
Mar22
Sep22
Mar23
Earnings Yield (Joel Greenblatt) %
8.57
-
8.21
-
7.81
Competitive Comparison
For the Discount Stores subindustry, B&M European Value Retail'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.
B&M European Value Retail Earnings Yield (Joel Greenblatt) % Distribution
For the Retail - Defensive industry and Consumer Defensive sector, B&M European Value Retail's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where B&M European Value Retail's Earnings Yield (Joel Greenblatt) % falls into.
B&M European Value Retail 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.
B&M European Value Retails Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as
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.
B&M European Value Retail (LSE:BME) 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.
B&M European Value Retail Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of B&M European Value Retail's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
B&M European Value Retail (LSE:BME) Business Description
B&M European Value Retail SA is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, alcohol, housewares, home textiles, small electrical goods, DIY products, garden-related products, grocery, fast-moving consumer goods, and more. Among its stores are B&M stores in the United Kingdom and France, and UK Heron. The B&M stores in the United Kingdom account for the majority of the company's total revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:BME has been successfully added to your 