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Bisalloy Steel GroupASX:BIS +0.23%63 Earnings Yield (Joel Greenblatt) % is 11.34% as of Jun. 2026, which is 11% below its 10-year median of 12.76. GuruFocus rates ASX:BIS with a GF Score™ of 63/100 and a GF Value™ of A$3.40 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 633 Steel companies, Bisalloy Steel Group ranks better than 76.94% on this metric.
Bisalloy Steel Group's Enterprise Value for the quarter that ended in Jun. 2026 was A$217.0 Mil.
Bisalloy Steel Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was A$24.6 Mil. Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 11.34%.
The historical rank and industry rank for Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASX:BIS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.68 Med: 12.76 Max: 23.41
Current: 11.6
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Bisalloy Steel Group was 23.41%. The lowest was 6.68%. And the median was 12.76%.
ASX:BIS's Earnings Yield (Joel Greenblatt) % is ranked better than 76.94% of 633
companies
in the Steel industry
Industry Median: 5.69
vs ASX:BIS: 11.60
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) %. Bisalloy Steel Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 15.37%. 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.
Bisalloy Steel Group (ASX:BIS) 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.
Bisalloy Steel Group Earnings Yield (Joel Greenblatt) % Related Terms
Bisalloy Steel Group Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Bisalloy Steel 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.
Bisalloy Steel Group Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, Bisalloy Steel 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.
Bisalloy Steel Group Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % falls into.
Bisalloy Steel 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.
Bisalloy Steel Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 is calculated as
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 11.34% mean?
Bisalloy Steel Group (ASX:BIS) has a Earnings Yield (Joel Greenblatt) % of 11.34% 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 Bisalloy Steel Group and its competitors. This is 11% below median its historical median of 12.76. Over the past decade, Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % has ranged from 6.68 to 23.41. According to the industry distribution chart, Bisalloy Steel Group ranks #146 out of 633 companies in the Steel industry, placing it in the top 23.1%.
Is Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % too high?
Bisalloy Steel Group's current Earnings Yield (Joel Greenblatt) % of 11.34% is 11% below median its 10-year median of 12.76. Over the past 10 years, this metric has ranged from a low of 6.68 to a high of 23.41. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.69. Bisalloy Steel Group's value of 11.34% is 99.3% above this industry median. Based on the distribution chart, Bisalloy Steel Group ranks #146 out of 633 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bisalloy Steel Group has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bisalloy Steel Group's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Bisalloy Steel Group ranks #146 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This places Bisalloy Steel Group in the top 23% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.69. Bisalloy Steel Group's value of 11.34% is 99.3% above this benchmark. Historically, Bisalloy Steel Group's own Earnings Yield (Joel Greenblatt) % has ranged from 6.68 to 23.41 over the past decade. While the company's 10-year median is 12.76 vs. the industry median of 5.69, Bisalloy Steel Group 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.69, based on 633 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. Bisalloy Steel Group's current Earnings Yield (Joel Greenblatt) % of 11.34% is 99.3% 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 Bisalloy Steel Group and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bisalloy Steel Group's current Earnings Yield (Joel Greenblatt) % is 11.34%, which is 11% below median its own 10-year median of 12.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bisalloy Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Bisalloy Steel Group (ASX:BIS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.40, compared to a current price of A$4.36 — trading 28.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.34%, which is 11% below median its 10-year median of 12.76 and 99.3% above the Steel industry median of 5.69. Bisalloy Steel Group's overall GF Score™ is 63/100 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 Bisalloy Steel Group (ASX:BIS), the current Earnings Yield (Joel Greenblatt) % is 11.34% 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 Bisalloy Steel Group (ASX:BIS) Overvalued in 2026?
Based on GuruFocus' analysis, Bisalloy Steel Group stock appears to be overvalued.
The current stock price of A$4.36 is trading 28.2% above its estimated GF Value™ of A$3.40.
GuruFocus considers Bisalloy Steel Group to be Modestly Overvalued.
Key valuation signals for ASX:BIS:
Earnings Yield (Joel Greenblatt) %: 11.34% (11% below median its 10-year median of 12.76)
GF Value™: A$3.40 vs. price of A$4.36 (28.2% above fair value)
Industry Position: 99.3% above the Steel median (#146 of 633)
No single metric tells the full story. See the ASX:BIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations.
63GF Score
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