ACOPF (The a2 Milk Co) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ACOPF The a2 Milk Co Ltd ACOPF
88 GF Score
Price $4.70
GF Value $4.47
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is The a2 Milk Co Earnings Yield (Joel Greenblatt) %?

The a2 Milk Co ACOPF 88 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates ACOPF with a GF Score™ of 88/100 and a GF Value™ of $4.47 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,031 Consumer Packaged Goods companies, The a2 Milk Co ranks better than 53.96% on this metric.

The a2 Milk Co's Enterprise Value for the quarter that ended in Dec. 2025 was $3,700 Mil. The a2 Milk Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $192 Mil. The a2 Milk Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for The a2 Milk Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ACOPF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.44   Med: 4.26   Max: 15.61
Current: 6.76

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of The a2 Milk Co was 15.61%. The lowest was 1.44%. And the median was 4.26%.

ACOPF's Earnings Yield (Joel Greenblatt) % is ranked better than
53.96% of 2031 companies
in the Consumer Packaged Goods industry
Industry Median: 6.16 vs ACOPF: 6.76

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) %. The a2 Milk Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five 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.


The a2 Milk Co  (OTCPK:ACOPF) 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.


The a2 Milk Co Earnings Yield (Joel Greenblatt) % Related Terms


The a2 Milk Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for The a2 Milk 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.

The a2 Milk Co Earnings Yield (Joel Greenblatt) % Chart

The a2 Milk Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 6.41 7.18 5.50 5.57

The a2 Milk Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 5.50 0.00 5.57 0.00

ACOPF vs KHC, GIS: Earnings Yield (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, The a2 Milk 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.


The a2 Milk Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Earnings Yield (Joel Greenblatt) % falls into.


ACOPF
88GF Score
The a2 Milk Co Ltd ACOPF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The a2 Milk 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.

The a2 Milk Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=176.057/3077.1279
=5.72 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
The a2 Milk Co (ACOPF) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on The a2 Milk Co and its competitors. Over the past decade, The a2 Milk Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.44 to 15.61. According to the industry distribution chart, The a2 Milk Co ranks #935 out of 2031 companies in the Consumer Packaged Goods industry, placing it in the top 46%.
Is The a2 Milk Co's Earnings Yield (Joel Greenblatt) % too high?
The a2 Milk Co's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 15.61. Based on the distribution chart, The a2 Milk Co ranks #935 out of 2031 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The a2 Milk Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The a2 Milk Co's Earnings Yield (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The a2 Milk Co ranks #935 out of 2031 companies for Earnings Yield (Joel Greenblatt) %. This puts The a2 Milk Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.16. Historically, The a2 Milk Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.44 to 15.61 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.16, based on 2,031 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on The a2 Milk Co and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The a2 Milk Co's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ACOPF) is currently considered Fairly Valued. The stock's GF Value™ is $4.47, compared to a current price of $4.70 — trading 5.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. The a2 Milk Co's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For The a2 Milk Co (ACOPF), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The a2 Milk Co (ACOPF) Overvalued in 2026?

Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued. The current stock price of $4.70 is trading 5.1% above its estimated GF Value™ of $4.47. GuruFocus considers The a2 Milk Co to be Fairly Valued.

Key valuation signals for ACOPF:

  • Earnings Yield (Joel Greenblatt) %: 0.00%
  • GF Value™: $4.47 vs. price of $4.70 (5.1% above fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the ACOPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The a2 Milk Co Business Description

Address 51 Shortland Street, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
88GF Score

Get the complete analysis for ACOPF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.70
Price
$4.47
GF Value