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Altex IndustriesALTX 24 Earnings Yield (Joel Greenblatt) % is -192.31% as of Jun. 2026. GuruFocus rates ALTX with a GF Score™ of 24/100 and a GF Value™ of $0.23 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,042 Oil & Gas companies, Altex Industries ranks worse than 95969.19% on this metric.
Altex Industries's Enterprise Value for the quarter that ended in Jun. 2026 was $0.12 Mil.
Altex Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.23 Mil. Altex Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -192.31%.
The historical rank and industry rank for Altex Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ALTX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12684.21 Med: 11.02 Max: 25210.08
Current: 59.17
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Altex Industries was 25210.08%. The lowest was -12684.21%. And the median was 11.02%.
ALTX's Earnings Yield (Joel Greenblatt) % is not ranked
in the Oil & Gas industry.
Industry Median: 5.2
vs ALTX: 59.17
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) %. Altex Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 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.
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.
Altex Industries Earnings Yield (Joel Greenblatt) % Related Terms
Altex Industries Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Altex Industries'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.
For the Oil & Gas E&P subindustry, Altex Industries'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.
Altex Industries Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Altex Industries's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Altex Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Altex Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -192.31% mean?
Altex Industries (ALTX) has a Earnings Yield (Joel Greenblatt) % of -192.31% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Altex Industries and its competitors. According to the industry distribution chart, Altex Industries ranks #999999 out of 1042 companies in the Oil & Gas industry.
Is Altex Industries' Earnings Yield (Joel Greenblatt) % too high?
Altex Industries' current Earnings Yield (Joel Greenblatt) % is -192.31%. Based on the distribution chart, Altex Industries ranks #999999 out of 1042 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Altex Industries has a GF Score™ of 24/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Earnings Yield (Joel Greenblatt) % compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #999999 out of 1042 companies for Earnings Yield (Joel Greenblatt) %. This places Altex Industries in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.20. 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.20, based on 1,042 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 Altex Industries and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current Earnings Yield (Joel Greenblatt) % is -192.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.23, compared to a current price of $0.17 — trading 24.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -192.31%. Altex Industries' overall GF Score™ is 24/100 with 4 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 Altex Industries (ALTX), the current Earnings Yield (Joel Greenblatt) % is -192.31% as of Jun. 2026. 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 Altex Industries (ALTX) Overvalued in 2026?
Based on GuruFocus' analysis, Altex Industries stock appears to be undervalued.
The current stock price of $0.17 is trading 24.3% below its estimated GF Value™ of $0.23.
GuruFocus considers Altex Industries to be Modestly Undervalued.
Key valuation signals for ALTX:
Earnings Yield (Joel Greenblatt) %: -192.31%
GF Value™: $0.23 vs. price of $0.17 (24.3% below fair value)
No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
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