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BBB Foods (BBB Foods) Earnings Yield (Joel Greenblatt) % : 1.16% (As of Mar. 2024)


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What is BBB Foods Earnings Yield (Joel Greenblatt) %?

BBB Foods's Enterprise Value for the quarter that ended in Mar. 2024 was $2,879 Mil. BBB Foods's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $34 Mil. BBB Foods's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was 1.16%.

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

TBBB' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.98   Med: 2.09   Max: 2.39
Current: 1

During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of BBB Foods was 2.39%. The lowest was 0.98%. And the median was 2.09%.

TBBB's Earnings Yield (Joel Greenblatt) % is ranked worse than
80.82% of 318 companies
in the Retail - Defensive industry
Industry Median: 6.44 vs TBBB: 1.00

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) %. BBB Foods's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


BBB Foods Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for BBB Foods'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.

BBB Foods Earnings Yield (Joel Greenblatt) % Chart

BBB Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
- - - -

BBB Foods Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial - - - - 1.16

Competitive Comparison of BBB Foods's Earnings Yield (Joel Greenblatt) %

For the Discount Stores subindustry, BBB Foods'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.


BBB Foods's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

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

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



BBB Foods 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.

BBB Foodss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=79.059/0
= %

BBB Foods's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $34 Mil.



BBB Foods  (NYSE:TBBB) 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.


BBB Foods Earnings Yield (Joel Greenblatt) % Related Terms

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


BBB Foods (BBB Foods) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Río Danubio 51, Col. Cuauhtemoc, Mexico, MEX, 06500
BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.

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