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Better Choice Co (Better Choice Co) Earnings Yield (Joel Greenblatt) %

: -232.56% (As of Dec. 2023)
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Better Choice Co's Enterprise Value for the quarter that ended in Dec. 2023 was $9.16 Mil. Better Choice Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-21.42 Mil. Better Choice Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was -232.56%.

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

BTTR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -721.12   Med: -37.09   Max: 24.83
Current: -370.37

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Better Choice Co was 24.83%. The lowest was -721.12%. And the median was -37.09%.

BTTR's Earnings Yield (Joel Greenblatt) % is ranked worse than
99.33% of 1941 companies
in the Consumer Packaged Goods industry
Industry Median: 5.02 vs BTTR: -370.37

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) %. Better Choice Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 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.


Better Choice Co Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Better Choice Co'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.

Better Choice Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -104.17 -52.63 8.03 -158.73 -232.56

Better Choice Co Quarterly Data
Feb19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -158.73 -178.57 -476.19 -625.00 -232.56

Competitive Comparison

For the Packaged Foods subindustry, Better Choice Co'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.


Better Choice Co Earnings Yield (Joel Greenblatt) % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Better Choice Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Better Choice Co's Earnings Yield (Joel Greenblatt) % falls into.



Better Choice Co 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.

Better Choice Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-21.415/9.163465008
=-233.70 %

Better Choice Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.42 Mil.



Better Choice Co  (AMEX:BTTR) 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.


Better Choice Co Earnings Yield (Joel Greenblatt) % Related Terms

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


Better Choice Co (Better Choice Co) Business Description

Traded in Other Exchanges
N/A
Address
12400 Race Track Road, Tampa, FL, USA, 33626
Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing. The company manages its entire business in one operating segment.
Executives
Michael Young director 12400 RACE TRACK ROAD, TAMPA FL 33626
Donald Young officer: EVP, Sales 12400 RACE TRACK ROAD, TAMPA FL 33626
Robert Sauermann officer: COO 12400 RACE TRACK ROAD, TAMPA FL 33626
Scott Lerner officer: CEO 12400 RACE TRACK ROAD, TAMPA FL 33626
Sharla A Cook officer: CFO 12400 RACE TRACK ROAD, TAMPA FL 33626
Word John M Iii director, 10 percent owner 12400 RACE TRACK ROAD, TAMPA FL 33626
Lionel F. Conacher director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Arlene Dickinson director 12400 RACE TRACK ROAD, TAMPA FL 33626
Gil Fronzaglia director 12400 RACE TRACK ROAD, TAMPA FL 33626
Jeff D Davis director 12400 RACE TRACK ROAD, TAMPA FL 33626
Lori Taylor director 12400 RACE TRACK ROAD, TAMPA FL 33626
David Richard Lelong director, 10 percent owner, officer: President 70 WASHINGTON ST., APT. 6K, BROOKLYN NY 11201
Michael S Morrow director, 10 percent owner, officer: Chairman and President 4791 S KINGS ROW DRIVE APT 23, SALT LAKE CITY X1 84117-5993