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Asahi Group HoldingsASBRF 86 Earnings Yield (Joel Greenblatt) % is 5.36% as of Dec. 2025, which is 11% below its 10-year median of 6.04. GuruFocus rates ASBRF with a GF Score™ of 86/100 and a GF Value™ of $12.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 213 Beverages - Alcoholic companies, Asahi Group Holdings ranks better than 50.23% on this metric.
Asahi Group Holdings's Enterprise Value for the quarter that ended in Dec. 2025 was $24,828 Mil.
Asahi Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $1,401 Mil. Asahi Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.36%.
The historical rank and industry rank for Asahi Group Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASBRF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.31 Med: 6.04 Max: 9.05
Current: 5.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Asahi Group Holdings was 9.05%. The lowest was 3.31%. And the median was 6.04%.
ASBRF's Earnings Yield (Joel Greenblatt) % is ranked better than 50.23% of 213
companies
in the Beverages - Alcoholic industry
Industry Median: 5.29
vs ASBRF: 5.34
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) %. Asahi Group Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 14.44%. 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.
Asahi Group Holdings (OTCPK:ASBRF) 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.
Asahi Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Asahi Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Asahi Group Holdings'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.
Asahi Group Holdings Earnings Yield (Joel Greenblatt) % Chart
For the Beverages - Brewers subindustry, Asahi Group Holdings'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.
Asahi Group Holdings Earnings Yield (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asahi Group Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Asahi Group Holdings 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.
Asahi Group Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Asahi Group Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,401 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.36% mean?
Asahi Group Holdings (ASBRF) has a Earnings Yield (Joel Greenblatt) % of 5.36% 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 Asahi Group Holdings and its competitors. This is 11% below median its historical median of 6.04. Over the past decade, Asahi Group Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 3.31 to 9.05. According to the industry distribution chart, Asahi Group Holdings ranks #106 out of 213 companies in the Beverages - Alcoholic industry, placing it in the top 49.8%.
Is Asahi Group Holdings' Earnings Yield (Joel Greenblatt) % too high?
Asahi Group Holdings' current Earnings Yield (Joel Greenblatt) % of 5.36% is 11% below median its 10-year median of 6.04. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 9.05. The Beverages - Alcoholic industry median Earnings Yield (Joel Greenblatt) % is 5.29. Asahi Group Holdings' value of 5.36% is 1.3% above this industry median. Based on the distribution chart, Asahi Group Holdings ranks #106 out of 213 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Asahi Group Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' Earnings Yield (Joel Greenblatt) % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Asahi Group Holdings ranks #106 out of 213 companies for Earnings Yield (Joel Greenblatt) %. This puts Asahi Group Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.29. Asahi Group Holdings' value of 5.36% is 1.3% above this benchmark. Historically, Asahi Group Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 3.31 to 9.05 over the past decade. While the company's 10-year median is 6.04 vs. the industry median of 5.29, Asahi Group Holdings 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 a Beverages - Alcoholic company?
The median Earnings Yield (Joel Greenblatt) % among Beverages - Alcoholic companies is 5.29, based on 213 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. Asahi Group Holdings's current Earnings Yield (Joel Greenblatt) % of 5.36% is 1.3% 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 Asahi Group Holdings and its competitors. For the Beverages - Alcoholic industry, the median Earnings Yield (Joel Greenblatt) % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Group Holdings's current Earnings Yield (Joel Greenblatt) % is 5.36%, which is 11% below median its own 10-year median of 6.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (ASBRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.65, compared to a current price of $9.25 — trading 26.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.36%, which is 11% below median its 10-year median of 6.04 and 1.3% above the Beverages - Alcoholic industry median of 5.29. Asahi Group Holdings' overall GF Score™ is 86/100 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 Asahi Group Holdings (ASBRF), the current Earnings Yield (Joel Greenblatt) % is 5.36% 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 Asahi Group Holdings (ASBRF) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued.
The current stock price of $9.25 is trading 26.9% below its estimated GF Value™ of $12.65.
GuruFocus considers Asahi Group Holdings to be Modestly Undervalued.
Key valuation signals for ASBRF:
Earnings Yield (Joel Greenblatt) %: 5.36% (11% below median its 10-year median of 6.04)
GF Value™: $12.65 vs. price of $9.25 (26.9% below fair value)
Industry Position: 1.3% above the Beverages - Alcoholic median (#106 of 213)
No single metric tells the full story. See the ASBRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
86GF Score
Get the complete analysis for ASBRF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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