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Kirkland's (Kirkland's) Earnings Yield (Joel Greenblatt) % : -11.25% (As of Jan. 2024)


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What is Kirkland's Earnings Yield (Joel Greenblatt) %?

Kirkland's's Enterprise Value for the quarter that ended in Jan. 2024 was $212.6 Mil. Kirkland's's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-23.9 Mil. Kirkland's's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -11.25%.

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

KIRK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.86   Med: 7.59   Max: 19.27
Current: -12.22

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kirkland's was 19.27%. The lowest was -25.86%. And the median was 7.59%.

KIRK's Earnings Yield (Joel Greenblatt) % is ranked worse than
87.77% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 4.78 vs KIRK: -12.22

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) %. Kirkland's'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.


Kirkland's Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Kirkland's'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.

Kirkland's Earnings Yield (Joel Greenblatt) % Chart

Kirkland's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.22 1.89 7.53 -19.96 -11.25

Kirkland's 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) % 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 -19.96 -19.23 -16.23 -16.81 -11.25

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

For the Home Improvement Retail subindustry, Kirkland's'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.


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

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

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



Kirkland's 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.

Kirkland'ss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-23.915/212.6408
=-11.25 %

Kirkland's'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 $-23.9 Mil.



Kirkland's  (NAS:KIRK) 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.


Kirkland's Earnings Yield (Joel Greenblatt) % Related Terms

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


Kirkland's (Kirkland's) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5310 Maryland Way, Brentwood, TN, USA, 37027
Kirkland's Inc is a specialty retailer of home decor and gifts in the United States. Its stores provide various merchandise, including holiday decor, framed arts, furniture, ornamental wall decor, fragrance and accessories, mirrors, lamps, decorative accessories, textiles, housewares, gifts, artificial floral products, frames, clocks, and outdoor living items. Its stores also offer an assortment of holiday merchandise in seasonal periods, as well as items that are suitable for gift-giving.
Executives
W Michael Madden director, officer: President and CEO C/O KIRKLAND'S INC, 431 SMITH LANE, JACKSON TN 38301
Amy Ervin Sullivan officer: SVP, CMO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Ann E Joyce director C/O AEROPOSTALE INC, 1372 BRAODWAY 8TH FLOOR, NEW YORK NY 10018
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Diamond, Lp 10 percent owner C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Jill A. Soltau director 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Nicole Allyson Strain officer: Interim CFO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Charles Iii Pleas director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Michael A. Holland officer: Sr. VP and CTO 5310 MARYLAND WAY, BRENTWOOD TN 37027
Miles Kirkland director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214
Orr Wilson R Iii director C/O KIRKLAND'S, INC., 2501 MCGAVOCK PIKE, SUITE 1000, NASHVILLE TN 37214