Albertsons (Albertsons) Earnings Yield (Joel Greenblatt) %

: 7.96% (As of Nov. 2023)

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Albertsons's Enterprise Value for the quarter that ended in Nov. 2023 was $27,040 Mil. Albertsons's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was $2,152 Mil. Albertsons's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was 7.96%.

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

ACI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.38 Med: 8.47 Max: 11.84
Current: 8.19

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Albertsons was 11.84%. The lowest was 4.38%. And the median was 8.47%.

ACI's Earnings Yield (Joel Greenblatt) % is ranked better than
61.64% of 318 companies
in the Retail - Defensive industry
Industry Median: 6.365 vs ACI: 8.19

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) %. Albertsons's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 2023 was 22.57%. 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.

Albertsons Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Albertsons'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.

Albertsons Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Earnings Yield (Joel Greenblatt) %

8.20

10.10

9.26

Albertsons Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Earnings Yield (Joel Greenblatt) %																11.75	9.26	8.70	7.91	7.96

Competitive Comparison

For the Grocery Stores subindustry, Albertsons'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.

Albertsons Earnings Yield (Joel Greenblatt) % Distribution

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

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

Albertsons 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.

Albertsonss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	2391.8	/	25830.29984
	=	9.26 %

Albertsons's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,152 Mil.

Albertsons (NYSE:ACI) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Albertsons Earnings Yield (Joel Greenblatt) % Related Terms

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Albertsons (Albertsons) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Albertsons Companies Inc (NYSE:ACI) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

27S:Germany 27S:Germany

Address

250 Parkcenter Boulevard, Boise, ID, USA, 83706

Website

https://www.albertsonscompanies.com

Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

Executives

Thomas M Moriarty	officer: EVP General Counsel & CPO	100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417
Robert Bruce Larson	officer: Chief Accounting Officer	3103 S OLD HICKORY, BOISE ID 83712
Klaff Realty Lp	10 percent owner, other: See Remarks	180 N. MICHIGAN AVE, SUITE 300, CHICAGO IL 60601
Mohammad Omer Gajial	officer: EVP, Pharmacy & Health	250 E. PARKCENTER BLVD., BOISE ID 83706
Jubilee Abs Holding Llc	other: See Footnote (2)	4300 E. FIFTH AVE., COLUMBUS OH 43219
Kimco Realty Corp	other: See Remarks	500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753
Susan Morris	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Evan Rainwater	officer: EVP, Supp Chain&Manufacturing	250 E. PARKCENTER BLVD., BOISE ID 83706
Chris Rupp	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Anuj Dhanda	officer: See Remarks	ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Sharon Mccollam	officer: President & CFO	C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Jennifer Saenz	officer: Chief Marketing Officer	250 E. PARKCENTER BLVD., BOISE ID 83706
Chan Galbato	director	191 E NORTH AVENUE, CAROL STREAM IL 60188
Stone West Mary E	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Shant Babikian	director	C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOO NY 10019