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Academy Sports and Outdoors (Academy Sports and Outdoors) Earnings Yield (Joel Greenblatt) %

: 11.79% (As of Jan. 2024)
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Academy Sports and Outdoors's Enterprise Value for the quarter that ended in Jan. 2024 was $6,013 Mil. Academy Sports and Outdoors's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $709 Mil. Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was 11.79%.

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

ASO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.07   Med: 13.68   Max: 21.47
Current: 12.72

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Academy Sports and Outdoors was 21.47%. The lowest was 9.07%. And the median was 13.68%.

ASO's Earnings Yield (Joel Greenblatt) % is ranked better than
82.63% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 4.79 vs ASO: 12.72

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) %. Academy Sports and Outdoors'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.


Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Academy Sports and Outdoors'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.

Academy Sports and Outdoors Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only - 11.83 19.12 14.62 11.79

Academy Sports and Outdoors Quarterly Data
Jan19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 14.62 12.48 12.58 14.51 11.79

Competitive Comparison

For the Specialty Retail subindustry, Academy Sports and Outdoors'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.


Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Distribution

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

* The bar in red indicates where Academy Sports and Outdoors's Earnings Yield (Joel Greenblatt) % falls into.



Academy Sports and Outdoors 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.

Academy Sports and Outdoorss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=709.207/6012.743227
=11.80 %

Academy Sports and Outdoors'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 $709 Mil.



Academy Sports and Outdoors  (NAS:ASO) 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.


Academy Sports and Outdoors Earnings Yield (Joel Greenblatt) % Related Terms

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


Academy Sports and Outdoors (Academy Sports and Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
1800 North Mason Road, Katy, TX, USA, 77449
Academy Sports and Outdoors Inc is engaged in the retail business of sporting goods and outdoor recreation products. The company offers outdoor clothing, backpacks, sunglasses, luggage items, shooting equipment, fishing equipment, boating and water sports equipment, backyard recreation products, outdoor cooking equipment, fitness equipment, electronic items, dog supplies, and other products.
Executives
Jeffrey C. Tweedy director C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Samuel J Johnson officer: EVP, Retail Operations 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Heather A. Davis officer: VP, Controller C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Ford Earl Carlton Iv officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Matthew M. Mccabe officer: EVP & CMO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Michael P. Mullican officer: EVP & CFO C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Sherry L. Harriman officer: SVP, Logistics & Supply Chain C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 N MASON ROAD, KATY TX 77449
Manish Maini officer: SVP, Chief Information Officer C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Jamey Traywick Rutherford officer: SVP, Omnichannel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
William S. Ennis officer: See Remarks C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Rene G. Casares officer: SVP, General Counsel C/O ACADEMY SPORTS AND OUTDOORS, INC., 1800 NORTH MASON ROAD, KATY TX 77449
Theresa Palermo director 1800 N MASON RD, KATY TX 77449
Beryl Raff director 5555 DARROW RD, HUDSON OH 44236
Ken C Hicks director, officer: Chairman, President and CEO 150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Brian T Marley director