SGH (ASX:SGH) Earnings Yield (Joel Greenblatt) %: 4.94% (As of Jun. 2026) — 10% Below Median

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.

ASX:SGH SGH Ltd ASX:SGH
87 GF Score
Price A$40.21
GF Value A$42.01
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is SGH Earnings Yield (Joel Greenblatt) %?

SGH ASX:SGH -0.49% 87 Earnings Yield (Joel Greenblatt) % is 4.94% as of Jun. 2026, which is 10% below its 10-year median of 5.46. GuruFocus rates ASX:SGH with a GF Score™ of 87/100 and a GF Value™ of A$42.01 (Fairly Valued). The stock has 4 warning signs investors should review. Among 566 Conglomerates companies, SGH ranks worse than 58.3% on this metric.

SGH's Enterprise Value for the quarter that ended in Jun. 2026 was A$23,857 Mil. SGH's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was A$1,179 Mil. SGH's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.94%.

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

ASX:SGH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.6   Med: 5.46   Max: 10.04
Current: 5.54

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SGH was 10.04%. The lowest was 1.60%. And the median was 5.46%.

ASX:SGH's Earnings Yield (Joel Greenblatt) % is ranked worse than
58.3% of 566 companies
in the Conglomerates industry
Industry Median: 6.65 vs ASX:SGH: 5.54

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) %. SGH's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 6.28%. 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.


SGH  (ASX:SGH) 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.


SGH Earnings Yield (Joel Greenblatt) % Related Terms


SGH Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SGH'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.

SGH Earnings Yield (Joel Greenblatt) % Chart

SGH Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 7.56 5.14 3.88 4.94

SGH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 5.14 0.00 3.88 0.00 4.94

ASX:SGH vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, SGH'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.


SGH Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, SGH's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


ASX:SGH
87GF Score
SGH Ltd ASX:SGH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SGH 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.

SGHs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1179.4/23856.76248
=4.94 %

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 4.94% mean?
SGH (ASX:SGH) has a Earnings Yield (Joel Greenblatt) % of 4.94% 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 SGH and its competitors. This is 10% below median its historical median of 5.46. Over the past decade, SGH's Earnings Yield (Joel Greenblatt) % has ranged from 1.60 to 10.04. According to the industry distribution chart, SGH ranks #330 out of 566 companies in the Conglomerates industry, placing it in the top 58.3%.
Is SGH's Earnings Yield (Joel Greenblatt) % too high?
SGH's current Earnings Yield (Joel Greenblatt) % of 4.94% is 10% below median its 10-year median of 5.46. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 10.04. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.65. SGH's value of 4.94% is 25.7% below this industry median. Based on the distribution chart, SGH ranks #330 out of 566 companies in the Conglomerates industry, which is below the industry midpoint. Overall, SGH has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SGH's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, SGH ranks #330 out of 566 companies for Earnings Yield (Joel Greenblatt) %. This places SGH in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.65. SGH's value of 4.94% is 25.7% below this benchmark. Historically, SGH's own Earnings Yield (Joel Greenblatt) % has ranged from 1.60 to 10.04 over the past decade. While the company's 10-year median is 5.46 vs. the industry median of 6.65, SGH has consistently been below 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.65, based on 566 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. SGH's current Earnings Yield (Joel Greenblatt) % of 4.94% is 25.7% below 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 SGH and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SGH's current Earnings Yield (Joel Greenblatt) % is 4.94%, which is 10% below median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SGH stock overvalued right now?
Based on GuruFocus' analysis, SGH (ASX:SGH) is currently considered Fairly Valued. The stock's GF Value™ is A$42.01, compared to a current price of A$40.21 — trading 4.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.94%, which is 10% below median its 10-year median of 5.46 and 25.7% below the Conglomerates industry median of 6.65. SGH's overall GF Score™ is 87/100 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 SGH (ASX:SGH), the current Earnings Yield (Joel Greenblatt) % is 4.94% 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 SGH (ASX:SGH) Overvalued in 2026?

Based on GuruFocus' analysis, SGH stock appears to be undervalued. The current stock price of A$40.21 is trading 4.3% below its estimated GF Value™ of A$42.01. GuruFocus considers SGH to be Fairly Valued.

Key valuation signals for ASX:SGH:

  • Earnings Yield (Joel Greenblatt) %: 4.94% (10% below median its 10-year median of 5.46)
  • GF Value™: A$42.01 vs. price of A$40.21 (4.3% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 25.7% below the Conglomerates median (#330 of 566)

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


SGH Business Description

Other Exchanges 9SG0:Germany
Address 175 Liverpool Street, Level 30, Sydney, NSW, AUS, 2000
SGH is a diversified industrial and investment group, with interests in heavy-equipment sales, service and equipment hire, media and broadcasting, oil and gas, and developable property. It changed its name from Seven Group in 2024, the rebrand to reflect an evolution toward diversified industrial-focused activities, away from media. SGH is domiciled in Australia where it predominantly operates.
87GF Score

Get the complete analysis for ASX:SGH

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

A$40.21
Price
A$42.01
GF Value