GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Victoria's Secret & Co (NYSE:VSCO) » Definitions » Earnings Yield (Joel Greenblatt) %

Victoria's Secret (Victoria's Secret) Earnings Yield (Joel Greenblatt) % : 5.48% (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Victoria's Secret Earnings Yield (Joel Greenblatt) %?

Victoria's Secret's Enterprise Value for the quarter that ended in Jan. 2024 was $4,486 Mil. Victoria's Secret's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $246 Mil. Victoria's Secret's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 5.48%.

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

VSCO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.47   Med: 9.77   Max: 15.29
Current: 6.49

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Victoria's Secret was 15.29%. The lowest was 4.47%. And the median was 9.77%.

VSCO's Earnings Yield (Joel Greenblatt) % is ranked better than
59.03% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 4.845 vs VSCO: 6.49

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) %. Victoria's Secret's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.


Victoria's Secret Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Victoria's Secret'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.

Victoria's Secret Earnings Yield (Joel Greenblatt) % Chart

Victoria's Secret Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - - 12.63 8.30 5.48

Victoria's Secret Quarterly Data
Jan19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.30 8.12 7.96 5.30 5.48

Competitive Comparison of Victoria's Secret's Earnings Yield (Joel Greenblatt) %

For the Apparel Retail subindustry, Victoria's Secret'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.


Victoria's Secret's Earnings Yield (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

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

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



Victoria's Secret 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.

Victoria's Secrets Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=246/4485.9
=5.48 %

Victoria's Secret's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $246 Mil.



Victoria's Secret  (NYSE:VSCO) 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.


Victoria's Secret Earnings Yield (Joel Greenblatt) % Related Terms

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


Victoria's Secret (Victoria's Secret) Business Description

Traded in Other Exchanges
Address
4 Limited Parkway East, Reynoldsburg, OH, USA, 43068
Victoria's Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.
Executives
Timothy A Johnson officer: Chief Financial Officer
Rod R Little director 1 HSN DRIVE, ST. PETERSBURG FL 33729
Bbrc International Pte Ltd 10 percent owner 3 PHILLIP STREET, #11-01, ROYAL GROUP BUILDING, SINGAPORE U0 048693
Chris Rupp officer: Chief Customer Officer ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Amy Hauk officer: CEO of Pink C/O THE CHILDRENS PLACE, 915 SECAUCUS RD, SECAUCUS NJ 07094
Mariam Naficy director C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR, SAN FRANCISCO CA 94105
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Martin P Waters director, officer: Chief Executive Officer 1740 BROADWAY, NEW YORK NY 10019
Laura B Miller officer: Chief Human Resources Ofcr 1501 YAMATO ROAD, BOCA RATON FL 33431
Brian Leinbach officer: Chief Information Officer 4 LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068
Melinda R. Mcafee officer: Chief Legal Officer 4 LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068
Donna James director ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Gregory Unis officer: CEO of VS Beauty 4 LIMITED PARKWAY, REYNOLDSBURG OH 43068
Lauren B Peters director FOOT LOCKER INC, 112 WEST 34TH STREET 4TH FL, NEW YORK NY 10120
Jacqueline Hernandez director LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068