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Capri Holdings Earnings Yield (Joel Greenblatt) %

: 4.19% (As of Jun. 2021)
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Capri Holdings's Enterprise Value for the quarter that ended in Jun. 2021 was $11,701 Mil. Capri Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $490 Mil. Capri Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2021 was 4.19%.

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

NYSE:CPRI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.18   Med: 6.71   Max: 20.18
Current: 4.47

-5.18
20.18

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Capri Holdings was 20.18%. The lowest was -5.18%. And the median was 6.71%.

NYSE:CPRI's Earnings Yield (Joel Greenblatt) % is ranked lower than
99.99% of the 83 Companies
in the Manufacturing - Apparel & Accessories industry.

( Industry Median: 8.40 vs. NYSE:CPRI: 4.47 )

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) %. Capri Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Capri Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Capri Holdings'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.

Capri Holdings Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.38 8.83 7.08 -3.66 0.42

Capri Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -5.01 -4.78 -3.45 0.42 4.19

Competitive Comparison

For the Apparel Manufacturing subindustry, Capri Holdings'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.

   

Capri Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Capri Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Capri Holdings 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.

Capri Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=46/10928.28
=0.42 %

Capri Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $490 Mil.



Capri Holdings  (NYSE:CPRI) 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.


Capri Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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


Capri Holdings Business Description

Capri Holdings logo
Traded in Other Exchanges
Address
33 Kingsway, London, GBR, WC2B 6UF
Michael Kors, Versace, and Jimmy Choo are the brands that comprise Capri Holdings. Capri markets, distributes, and retails upscale accessories and apparel. Michael Kors, Capri's largest and original brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, third-party retailers, and e-commerce. Milan-based Versace (acquired in 2018) is known for its ready-to-wear luxury fashion. Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since he was part of a group that acquired Michael Kors in 2003.
Executives
Purefoy Daniel officer: SVP, Global Ops 33 KINGSWAY LONDON X0 WC2B 6UF
Korologos Ann Mclaughlin director PO BOX 3599 BATTLECREEK MI 49016-3599
Benedetto M William director 11 WEST 42ND STREET 21ST FLOOR NEW YORK NY 10036
Reitman Stephen F director 11 WEST 42ND STREET 21ST FLOOR NEW YORK NY 10036
Gibbons Judy director C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Tomlin Jean director C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Thompson Jane A. director C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Freestone Robin Anthony David director 33 KINGSWAY LONDON X0 WC2B 6UF
Edwards Thomas Jr. officer: EVP, CFO & COO 6820 LBJ FREEWAY DALLAS TX 75240
Idol John D director, officer: Chairman & CEO 650 MADISON AVE NEW YORK NY 10022
Mcdonough Krista A officer: SVP, GC & Chf Sustain Off 33 KINGSWAY LONDON X0 WC2B 6UF
Robinson Cathy Marie officer: SVP, Chf Ops & Trans Off C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Meyran Pascale officer: SVP, Chief HR Officer 11 WEST 42ND STREET NEW YORK NY 10036
Kors Michael David director, officer: Hon Chair & Chief Creative Off C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET, ATTN. LEE SPORN NEW YORK NY 10036
Parsons Joseph B. officer: EVP, CFO, COO & Treasurer C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036

Capri Holdings Headlines

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