YETI Holdings (YETI Holdings) Predictability Rank

View and export this data going back to 2018. Start your Free Trial

What is YETI Holdings Predictability Rank?

Warren Buffett said many times that the companies he likes are:

1. Simple businesses that he understands
2. that have predictable and proven earnings and
3. with economic moat
4. those can be bought at a reasonable price.

It is hard to quantify "simple businesses that he (Buffett) understands", so we will focus on the other three characteristics instead. In GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank, we will show that the businesses that have predictable and proven earnings are usually also simple businesses that an average person could understand.

GuruFocus conducted a back test study of Warren Buffett's strategy of "buying good companies at fair prices" for the years from 1998-2008.

YETI Holdings Predictability Rank Calculation

In our database there are 2403 stocks that have been traded from Jan. 2, 1998 to Aug. 31, 2008. We have the complete 10-year financial data and trading prices of these companies for this period. We rank the predictability of these companies based on the consistency of their revenue per share and EBITDA (earning before interest, tax, depreciation and amortization) per share over the past ten fiscal years, and study the correlation between the stock performances and the predictability of the business.

Our study may be subject to these biases and assumptions:

Dividend yields are not counted for investment returns
Effects of price changes due to spin-offs may not be fully adjusted
Study is subjected to survivorship bias due to de-listing, bankruptcy, LBO, M&A, etc.

The correlation between business predictability and investment returns of a company is showed below.

Correlation Between Business Predictability and Investment Returns

	Predictables	Non-Predictable	All stocks
Total Number of stocks	570	1833	2403
Total Lost Money	61	830	891
Total Lost More Than 50%	18	412	430
Total Lost More Than 90%	4	86	90
Average Gain	260.6%	100.0%	138.1%
Median Gain	150.0%	13.0%	39.0%
Maximum Gain	2852.0%	11483.0%	11483.0%
Maximum Loss	-100.0%	-100.0%	-100.0%
Annualized Average Gain	12.7%	6.7%	8.4%
Annualized Median Gain	8.9%	1.1%	3.1%

For the 570 predictable companies, we have seen strong correlation between the predictability of businesses and the stock performances over the past 10 years, regardless of the valuation of business at 1998. Accordingly, we have ranked the business predictability from 5-star to 1-star, as shown in this table.

Predictability Rank	5-Star	4.5-Star	4-Star	3.5-Star	3-Star	2.5-Star	2-Star	1-Star (non-predictable)	Average among all
% Out of All 2403 Stocks	3.3%	2.9%	3.7%	3.3%	3.3%	3.7%	3.3%	76.3%	100%
% that are in Loss (10y)	3%	10%	8%	9%	11%	18%	16%	45%	37%
Average Gain (10y)	364.6%	330.9%	278.0%	235.1%	243.5%	227.8%	154.8%	100.0%	138.1%
Median Gain (10y)	238.5%	193.5%	171.0%	159.0%	132.5%	113.5%	87.0%	13.0%	39.0%
Maximum Gainer	2228.0%	2547.0%	2452.0%	2852.0%	2432.0%	1892.0%	1807.0%	11483.0%	11483.0%
Maximum Loser	-82.0%	-53.0%	-67.0%	-100.0%	-83.0%	-100.0%	-78.0%	-100.0%	-100.0%
Annualized Average Gain	15.4%	14.6%	13.2%	12.0%	12.2%	11.7%	9.1%	6.7%	8.4%
Annualized Median Gain	12.1%	10.6%	9.8%	9.3%	8.2%	7.3%	6.0%	1.1%	3.1%

For detailed information about each predictability rank, please go to GuruFocus Research: What worked in the market from 1998-2008? Part I: Introduction of Predictability Rank

YETI Holdings Predictability Rank Related Terms

Thank you for viewing the detailed overview of YETI Holdings's Predictability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

YETI Holdings (YETI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » YETI Holdings Inc (NYSE:YETI) » Definitions » Predictability Rank

Comparable Companies

Traded in Other Exchanges

1YN:Germany 1YN:Germany

Address

7601 Southwest Parkway, Austin, TX, USA, 78735

Website

http://www.yeti.com

YETI Holdings Inc is a designer, marketer, and distributor of premium products for the outdoor and recreation market sold under the YETI brand. The company offers products including coolers and equipment, drinkware, and other accessories. Its trademark products include YETI, Tundra, Hopper, YETI TANK, Rambler, Colster, Rambler Colster, Roadie, and Wildly Stronger! Keep Ice Longer!, SideKick, FatWall, PermaFrost, T-Rex, ColdLock, NeverFail, AnchorPoint, InterLock, BearFoot, Vortex, DoubleHaul, LipGrip, Vortex, DryHide, ColdCell, HydroLock, Over-the-Nose, and LOAD-AND-LOCK. The company distributes products through wholesale channels and through direct-to-consumer, or DTC, channels.

Executives

Michael John Mcmullen	officer: Interim CFO	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Martin Duff	officer: SVP Supply Chain & Operations	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Syed Faiz Ahmad	officer: Chief Commercial Officer	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Matthew J Reintjes	director, officer: President and CEO	5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Kirk A Zambetti	officer: SVP of Sales	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Bryan C. Barksdale	officer: SVP, GC and Secretary	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Hollie Sammons Castro	officer: SVP of Talent	2101 CITYWEST BLVD., HOUSTON TX 77042
Paul C Carbone	officer: SVP and CFO	YETI HOLDING, INC., 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Roy J Seiders	director, 10 percent owner	5301 SOUTHWEST PARKWAY, SUITE 200, AUSTIN TX 78735
Alison Dean	director	C/O IROBOT CORPORATION, 63 SOUTH AVENUE, BURLINGTON MA 01803
Tracey D Brown	director	675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Cortec Group Gp, Llc	10 percent owner	140 EAST 45TH STREET, 43RD FLOOR, NEW YORK NY 10017
Mary Lou Kelley	director	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Michael K Kienitz	officer: SVP, Operations	7601 SOUTHWEST PARKWAY, AUSTIN TX 78735
Frank D Gibeau	director	699 8TH STREET, C/O ZYNGA INC., SAN FRANCISCO CA 94103