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BellRing Brands (BellRing Brands) Earnings Yield (Joel Greenblatt) % : 3.56% (As of Dec. 2023)


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What is BellRing Brands Earnings Yield (Joel Greenblatt) %?

BellRing Brands's Enterprise Value for the quarter that ended in Dec. 2023 was $8,018 Mil. BellRing Brands's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $285 Mil. BellRing Brands's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 3.56%.

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

BRBR' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.22   Med: 4.42   Max: 33.61
Current: 3.55

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of BellRing Brands was 33.61%. The lowest was 3.22%. And the median was 4.42%.

BRBR's Earnings Yield (Joel Greenblatt) % is ranked worse than
59.17% of 1947 companies
in the Consumer Packaged Goods industry
Industry Median: 4.99 vs BRBR: 3.55

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) %. BellRing Brands's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was -9.41%. 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.


BellRing Brands Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for BellRing Brands'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.

BellRing Brands Earnings Yield (Joel Greenblatt) % Chart

BellRing Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 4.72 3.57 5.29 4.62

BellRing Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 5.05 4.79 4.75 4.62 3.56

Competitive Comparison of BellRing Brands's Earnings Yield (Joel Greenblatt) %

For the Packaged Foods subindustry, BellRing Brands'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.


BellRing Brands's Earnings Yield (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

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



BellRing Brands 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.

BellRing Brandss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=287.3/6219.63135
=4.62 %

BellRing Brands'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 $285 Mil.



BellRing Brands  (NYSE:BRBR) 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.


BellRing Brands Earnings Yield (Joel Greenblatt) % Related Terms

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BellRing Brands (BellRing Brands) Business Description

Traded in Other Exchanges
Address
2503 S. Hanley Road, St. Louis, MO, USA, 63144
BellRing Brands Inc is a United States-based company engaged in providing nutrition-related products. Its brands, Premier Protein, Dymatize, and PowerBar provides various products including ready-to-drink protein shakes, powders, and nutrition bars. The company's products are distributed through a diverse network of channels including club, food, drug and mass, eCommerce, convenience and specialty.
Executives
Robert V Vitale director, officer: Executive Chairman C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Chonda J Nwamu director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Thomas P Erickson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jennifer Kuperman Johnson director C/O BELLRING BRANDS, INC., 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Douglas J Cornille officer: Chief Growth Officer 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Craig L Rosenthal officer: SVP, GC & SECRETARY 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Robin Singh officer: SVP, OPERATIONS OF PNC 1222 67TH STREET, EMERYVILLE CA 94608
Darcy Horn Davenport director, officer: PRES. AND CEO 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608
Paul A Rode officer: CFO 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Marc S Mollere officer: SVP, INTERNATIONAL C/O BELLRING BRANDS, INC., 2503 S. HANLEY RD, ST. LOUIS MO 63144
Post Holdings, Inc. 10 percent owner 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Jeff A Zadoks director 2503 S. HANLEY ROAD, ST. LOUIS MO 63144
Diedre J Gray director C/O POST HOLDINGS, INC., 2503 SOUTH HANLEY ROAD, ST. LOUIS MO 63144
Robert L Partin officer: SVP, SALES OF PNC 1222 67TH STREET, SUITE 210, EMERYVILLE CA 94608