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The Lovesac Co (The Lovesac Co) Earnings Yield (Joel Greenblatt) %

: 6.72% (As of Jan. 2024)
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The Lovesac Co's Enterprise Value for the quarter that ended in Jan. 2024 was $447.2 Mil. The Lovesac Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $30.1 Mil. The Lovesac Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 6.72%.

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

LOVE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -126.33   Med: 2.04   Max: 9.16
Current: 7.75

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of The Lovesac Co was 9.16%. The lowest was -126.33%. And the median was 2.04%.

LOVE's Earnings Yield (Joel Greenblatt) % is ranked better than
60.88% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6.085 vs LOVE: 7.75

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) %. The Lovesac Co'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.


The Lovesac Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for The Lovesac Co'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.

The Lovesac Co Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.66 1.93 4.89 7.48 6.72

The Lovesac Co 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) % 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 7.48 5.54 3.48 6.91 6.72

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, The Lovesac Co'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.


The Lovesac Co Earnings Yield (Joel Greenblatt) % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, The Lovesac Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



The Lovesac Co 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.

The Lovesac Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=30.076/447.202504
=6.73 %

The Lovesac Co'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 $30.1 Mil.



The Lovesac Co  (NAS:LOVE) 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.


The Lovesac Co Earnings Yield (Joel Greenblatt) % Related Terms

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


The Lovesac Co (The Lovesac Co) Business Description

Traded in Other Exchanges
N/A
Address
Two Landmark Square, Suite 300, Stamford, CT, USA, 06901
The Lovesac Co designs, manufactures and sells alternative furniture which is comprised of modular couches called sactionals and premium foam beanbag chairs called sacs. It also offers other accessories such as sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables and ottoman. Its products are sold across the United States through its website or company-owned retail stores which are used in homes and offices. Majority of the firm's revenue gets derives from the sale of Sactionals.
Executives
Andrew R Heyer director, 10 percent owner 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Shawn David Nelson director, officer: Chief Executive Officer 2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820
Satori Capital, Llc 10 percent owner 2501 N. HARWOOD ST., 20TH FLOOR, DALLAS TX 75201
Keith R. Siegner officer: EVP and CFO TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Vineet Mehra director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Sharon M Leite director 100 PIER 1 PLACE, FT. WORTH TX 76102
Shirley Romig director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Albert Jack Krause director, officer: President and COO 2 LANDMARK SQUARE, SUITE 300, STAMFORD CT 06820
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Mary Fox director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Mistral Equity Partners, Lp 10 percent owner 650 FIFTH AVENUE, 31ST FLOOR, New York NY 10019
Mistral Sac Holdings, Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Jared Rubin director 4300 E. FIFTH AVE., COLUMBUS OH 43219
Sac Acquisition Llc 10 percent owner 700 CANAL STREET, 4TH FLOOR, STAMFORD CT 06902
Donna Dellomo officer: Executive VP and CFO 35 SAWGRASS DRIVE, SUITE 2, BELLPORT NY 11713

The Lovesac Co (The Lovesac Co) Headlines

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