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Ollie's Bargain Outlet Holdings (NAS:OLLI) Earnings Yield (Joel Greenblatt) %

: 3.21% (As of Oct. 2022)
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Ollie's Bargain Outlet Holdings's Enterprise Value for the quarter that ended in Oct. 2022 was $3,760 Mil. Ollie's Bargain Outlet Holdings's EBIT for the trailing twelve months (TTM) ended in Oct. 2022 was $121 Mil. Ollie's Bargain Outlet Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2022 was 3.21%.

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

OLLI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.36   Med: 4.09   Max: 7.68
Current: 3.17

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Ollie's Bargain Outlet Holdings was 7.68%. The lowest was 2.36%. And the median was 4.09%.

OLLI's Earnings Yield (Joel Greenblatt) % is ranked worse than
67.43% of 304 companies
in the Retail - Defensive industry
Industry Median: 5.96 vs OLLI: 3.17

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) %. Ollie's Bargain Outlet Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 2022 was 10.46%. 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.


Ollie's Bargain Outlet Holdings Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.93 3.32 4.76 4.52 6.41

Ollie's Bargain Outlet Holdings Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 5.20 6.41 4.63 3.10 3.21

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet 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.

   

Ollie's Bargain Outlet Holdings Earnings Yield (Joel Greenblatt) % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Earnings Yield (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the Earnings Yield (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=204.592/3189.74
=6.41 %

Ollie's Bargain Outlet Holdings's EBIT for the trailing twelve months (TTM) ended in Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $121 Mil.



Ollie's Bargain Outlet Holdings  (NAS:OLLI) 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.


Ollie's Bargain Outlet Holdings Earnings Yield (Joel Greenblatt) % Related Terms

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Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Ollie's Bargain Outlet Holdings logo
Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Executives
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: See Remarks 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs 10 percent owner 429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White director 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc 10 percent owner 1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman officer: VP, Merchandising 1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler officer: President, CEO 1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman director
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050

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