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Kirkland's Earnings Yield (Joel Greenblatt) %

: 11.07% (As of Jul. 2021)
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Kirkland's's Enterprise Value for the quarter that ended in Jul. 2021 was $396.2 Mil. Kirkland's's EBIT for the trailing twelve months (TTM) ended in Jul. 2021 was $43.8 Mil. Kirkland's's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2021 was 11.07%.

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

NAS:KIRK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.98   Med: 9.9   Max: 31.11
Current: 10.05

-25.98
31.11

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kirkland's was 31.11%. The lowest was -25.98%. And the median was 9.90%.

NAS:KIRK's Earnings Yield (Joel Greenblatt) % is ranked lower than
77% of the 188 Companies
in the Retail - Cyclical industry.

( Industry Median: 6.85 vs. NAS:KIRK: 10.05 )

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 Jul. 2021 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 Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.00 11.29 6.73 -22.22 1.89

Kirkland's Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -18.62 -8.20 1.89 7.22 11.07

Competitive Comparison

For the Specialty 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 Earnings Yield (Joel Greenblatt) % Distribution

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. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=8.663/457.491412
=1.89 %

Kirkland's's EBIT for the trailing twelve months (TTM) ended in Jul. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.8 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 Business Description

Kirkland's logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 442299 SIC : 5999
Traded in Other Exchanges
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
Martin Jeffrey T. officer: Sr. VP of Omni-Channel Retail 5310 MARYLAND WAY BRENTWOOD TN 37027
Collins Steven J director 29 VINTON STREET, #5 BOSTON MA 02127
Woodward Steven C director, officer: President and CEO 550 BAILEY AVENUE FORT WORTH TX 76107
Strain Nicole Allyson officer: Chief Financial Officer 5310 MARYLAND WAY BRENTWOOD TN 37027
Pleas Charles Iii director 123 S. FRONT STREET DEPT. 8074 MEMPHIS TN 38103
Lanigan Susan S director 100 MISSION RIDGE GOODLETTSVILLE TN 37072
Cairnes Mike officer: President and COO 5310 MARYLAND WAY BRENTWOOD TN 37027
Sandfort Gregory A director TRACTOR SUPPLY COMPANY 5401 VIRGINIA WAY BRENTWOOD TN 37027
Spain Murray director C/O B&M LEASING 283 2ND STREET PIKE SUITE 110 SOUTHAMPTON PA 18966
Parks Ralph T director 451 INDUSTRIAL LANE BIRMINGHAM AL 35211
Global Private Equity Ii Limited Partnership other: Member of Group > 10% C/O ADVENT INTERNATIONAL CORP 75 STATE ST 29TH FLOOR BOSTON MA 02104
Advent Direct Investment Program Limited Partnership other: Member of Group > 10% C/O ADVENT INTERNATIONAL CORP 75 STATE ST 29TH FLOOR BOSTON MA 02104
Advent Partners Limited Partnership other: Member of Group > 10% C/O ADVENT INTERNATIONAL CORP 75 STATE ST 29TH FLOOR BOSTON MA 02104
Advent International Limited Partnership other: Member of Group > 10% C/O ADVENT INTERNATIONAL CORP 75 STATE ST 29TH FLOOR BOSTON MA 02104
Advent International Corp/ma other: Member of Group > 10% 800 BOYLSTON STREET SUITE 3300 BOSTON MA 02199

Kirkland's Headlines

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