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Artesian ResourcesARTNB 73 Earnings Yield (Joel Greenblatt) % is 7.85% as of Mar. 2026, which is 36% above its 10-year median of 5.76. GuruFocus rates ARTNB with a GF Score™ of 73/100 and a GF Value™ of $37.02. The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Artesian Resources ranks better than 58.04% on this metric.
Artesian Resources's Enterprise Value for the quarter that ended in Mar. 2026 was $527.9 Mil.
Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $40.1 Mil. Artesian Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.85%.
The historical rank and industry rank for Artesian Resources's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ARTNB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.14 Med: 5.76 Max: 7.95
Current: 7.54
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Artesian Resources was 7.95%. The lowest was 4.14%. And the median was 5.76%.
ARTNB's Earnings Yield (Joel Greenblatt) % is ranked better than 58.04% of 510
companies
in the Utilities - Regulated industry
Industry Median: 6.54
vs ARTNB: 7.54
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) %. Artesian Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -2.76%. 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.
Artesian Resources Earnings Yield (Joel Greenblatt) % Related Terms
Artesian Resources Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Artesian Resources'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 Utilities - Regulated Water subindustry, Artesian Resources'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.
Artesian Resources Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Artesian Resources'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.
Artesian Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.1 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.85% mean?
Artesian Resources (ARTNB) has a Earnings Yield (Joel Greenblatt) % of 7.85% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Artesian Resources and its competitors. This is 36% above median its historical median of 5.76. Over the past decade, Artesian Resources' Earnings Yield (Joel Greenblatt) % has ranged from 4.14 to 7.95. According to the industry distribution chart, Artesian Resources ranks #214 out of 510 companies in the Utilities - Regulated industry, placing it in the top 42%.
Is Artesian Resources' Earnings Yield (Joel Greenblatt) % too high?
Artesian Resources' current Earnings Yield (Joel Greenblatt) % of 7.85% is 36% above median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 7.95. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.54. Artesian Resources' value of 7.85% is 20% above this industry median. Based on the distribution chart, Artesian Resources ranks #214 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Artesian Resources has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Earnings Yield (Joel Greenblatt) % compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #214 out of 510 companies for Earnings Yield (Joel Greenblatt) %. This puts Artesian Resources in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.54. Artesian Resources' value of 7.85% is 20% above this benchmark. Historically, Artesian Resources' own Earnings Yield (Joel Greenblatt) % has ranged from 4.14 to 7.95 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 6.54, Artesian Resources has consistently been above the industry average. 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 Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.54, based on 510 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. Artesian Resources's current Earnings Yield (Joel Greenblatt) % of 7.85% is 20% above the industry median. 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 Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Earnings Yield (Joel Greenblatt) % is 7.85%, which is 36% above median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Artesian Resources (ARTNB) has a current Earnings Yield (Joel Greenblatt) % of 7.85%. The stock's GF Value™ is $37.02, compared to a current price of $33.51 — trading 9.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.85%, which is 36% above median its 10-year median of 5.76 and 20% above the Utilities - Regulated industry median of 6.54. Artesian Resources' overall GF Score™ is 73/100 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 Artesian Resources (ARTNB), the current Earnings Yield (Joel Greenblatt) % is 7.85% as of Mar. 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 Artesian Resources (ARTNB) Overvalued in 2026?
Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued.
The current stock price of $33.51 is trading 9.5% below its estimated GF Value™ of $37.02.
Key valuation signals for ARTNB:
Earnings Yield (Joel Greenblatt) %: 7.85% (36% above median its 10-year median of 5.76)
GF Value™: $37.02 vs. price of $33.51 (9.5% below fair value)
Industry Position: 20% above the Utilities - Regulated median (#214 of 510)
No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
73GF Score
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