Hooker Furnishings's Enterprise Value for the quarter that ended in Jan. 2024 was $279.4 Mil.
Hooker Furnishings's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $14.0 Mil. Hooker Furnishings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 5.02%.
The historical rank and industry rank for Hooker Furnishings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HOFT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.04 Med: 9.61 Max: 16.69
Current: 6.09
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hooker Furnishings was 16.69%. The lowest was -14.04%. And the median was 9.61%.
HOFT's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.46% of 432
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.94
vs HOFT: 6.09
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) %. Hooker Furnishings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.
Hooker Furnishings Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Hooker Furnishings'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.
Hooker Furnishings Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Earnings Yield (Joel Greenblatt) %
7.11
-4.27
6.15
-1.80
5.02
Hooker Furnishings Quarterly Data
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Apr23
Jul23
Oct23
Jan24
Earnings Yield (Joel Greenblatt) %
-1.80
-3.30
-5.33
-4.85
5.02
Competitive Comparison
For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings'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.
Hooker Furnishings Earnings Yield (Joel Greenblatt) % Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hooker Furnishings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hooker Furnishings'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.
Hooker Furnishingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as
Hooker Furnishings's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.0 Mil.
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.
Hooker Furnishings Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Hooker Furnishings's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hooker Furnishings (Hooker Furnishings) Business Description
Hooker Furnishings Corp formerly Hooker Furniture Corp is a designer, marketer, and importer of case goods, leather furniture, and fabric-upholstered furniture for the residential, hospitality, and contract markets. The company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture. Its segments are the Hooker Branded, which includes a wide range of design categories, home entertainment, home office, dining, and bedroom furniture; the Home Meridian segment includes Samuel Lawrence Furniture and Pulaski Furniture; and the Domestic Upholstery segment includes the domestic upholstery manufacturing operations of Sam Moore and Shenandoah Furniture and others. The company generates most of its revenue from the Home Meridian Segment.
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