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Revolve Group (Revolve Group) Earnings Yield (Joel Greenblatt) % : 2.26% (As of Dec. 2023)


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What is Revolve Group Earnings Yield (Joel Greenblatt) %?

Revolve Group's Enterprise Value for the quarter that ended in Dec. 2023 was $978 Mil. Revolve Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $22 Mil. Revolve Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 2.26%.

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

RVLV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.45   Med: 3.76   Max: 10.37
Current: 1.86

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Revolve Group was 10.37%. The lowest was 1.45%. And the median was 3.76%.

RVLV's Earnings Yield (Joel Greenblatt) % is ranked worse than
65.17% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 4.91 vs RVLV: 1.86

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) %. Revolve Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 3.49%. 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.


Revolve Group Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Revolve Group'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.

Revolve Group Earnings Yield (Joel Greenblatt) % Chart

Revolve Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 4.00 2.94 2.70 5.14 2.26

Revolve Group 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 5.14 3.37 4.60 4.01 2.26

Competitive Comparison of Revolve Group's Earnings Yield (Joel Greenblatt) %

For the Internet Retail subindustry, Revolve Group'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.


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

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

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



Revolve Group 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.

Revolve Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=22.134/977.539806
=2.26 %

Revolve Group'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 $22 Mil.



Revolve Group  (NYSE:RVLV) 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.


Revolve Group Earnings Yield (Joel Greenblatt) % Related Terms

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


Revolve Group (Revolve Group) Business Description

Traded in Other Exchanges
Address
12889 Moore Street, Cerritos, CA, USA, 90703
The Revolve Group is an emerging e-commerce retailer, selling women's dresses, handbags, shoes, beauty products, and incidentals across its marketplace properties, Revolve and FWRD. The platform is built to suit the "next-generation customer," emphasizing mobile commerce, influencer marketing, and occupying an aspirational but attainable luxury niche. With $1.1 billion in 2022 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the U.S., but has consistently generated top-line growth north of 20%-25% as the industry continues to favor digital channels. Revolve generates approximately 20% of sales from private-label offerings, while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.
Executives
Michael Mente director, 10 percent owner, officer: See Remarks C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Michael Karanikolas director, 10 percent owner, officer: See Remarks C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Mmmk Development, Inc. 10 percent owner C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Oana Ruxandra director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Marc D Stolzman director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Jesse Timmermans officer: CHIEF FINANCIAL OFFICER C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
David Pujades officer: CHIEF OPERATING OFFICER 16800 EDWARDS ROAD, CERRITOS CA 90703
L.p. Tsg6 10 percent owner TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Hadley Mullin director C/O TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Melanie Cox director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Jennifer Baxter Moser director C/O TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Tsg6 Management L.l.c. 10 percent owner C/O TSG CONSUMER PARTNERS, LLC, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111