GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Perry Ellis International Inc (NAS:PERY) » Definitions » Earnings Yield (Joel Greenblatt) %

Perry Ellis International (Perry Ellis International) Earnings Yield (Joel Greenblatt) % : 6.95% (As of Jul. 2018)


View and export this data going back to 1993. Start your Free Trial

What is Perry Ellis International Earnings Yield (Joel Greenblatt) %?

Perry Ellis International's Enterprise Value for the quarter that ended in Jul. 2018 was $463.3 Mil. Perry Ellis International's EBIT for the trailing twelve months (TTM) ended in Jul. 2018 was $32.2 Mil. Perry Ellis International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2018 was 6.95%.

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

PERY's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.545
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Perry Ellis International's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2018 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.


Perry Ellis International Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Perry Ellis International'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.

Perry Ellis International Earnings Yield (Joel Greenblatt) % Chart

Perry Ellis International Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.99 4.81 0.40 5.17 9.69

Perry Ellis International Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 7.11 8.60 9.69 7.89 6.95

Competitive Comparison of Perry Ellis International's Earnings Yield (Joel Greenblatt) %

For the Apparel Manufacturing subindustry, Perry Ellis International'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.


Perry Ellis International's Earnings Yield (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Perry Ellis International 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.

Perry Ellis Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2018 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=40.865/421.543986
=9.69 %

Perry Ellis International's EBIT for the trailing twelve months (TTM) ended in Jul. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.2 Mil.



Perry Ellis International  (NAS:PERY) 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.


Perry Ellis International Earnings Yield (Joel Greenblatt) % Related Terms

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


Perry Ellis International (Perry Ellis International) Business Description

Traded in Other Exchanges
N/A
Address
Perry Ellis manufactures apparel and accessories that it sells under its own brand names or via licensed brands. Notable company-owned brands include Original Penguin and Perry Ellis. Licenses are primarily for golf apparel or swimwear. The company is the official apparel licensee for Callaway Golf and the official swimwear licensee in North America for Nike. Perry Ellis primarily distributes its products to wholesale customers, which sell through channels including department stores, specialty stores, sporting goods stores, and e-commerce. The company also maintains its own Perry Ellis and Original Penguin retail stores. The majority of the firm's revenue is generated in the men's sportswear and swim segment and from sales in the United States.
Executives
Bruce J Klatsky director 3000 NW 107TH AVENUE, MIAMI FL 33172
Michael W Rayden director
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Anita D Britt officer: Chief Financial Officer 3000 NW 107TH AVENUE, MIAMI FL 33172
Barry S Gluck director
George Pita officer: Sr. Vice President - Finance 3000 NW 107TH AVENUE, MIAMI FL 33172
Timothy B Page officer: Chief Financial Officer 3000 NW 107TH AVE MIAMI FL 33172
De Cardenas Alberto I officer: Senior VP and General Counsel 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134