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.
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.
Amtech SystemsASYS +2.05%55 Earnings Yield (Joel Greenblatt) % is 2.15% as of Jun. 2026, which is 13% below its 10-year median of 2.47. GuruFocus rates ASYS with a GF Score™ of 55/100 and a GF Value™ of $4.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,024 Semiconductors companies, Amtech Systems ranks better than 69.04% on this metric.
Amtech Systems's Enterprise Value for the quarter that ended in Jun. 2026 was $304.99 Mil.
Amtech Systems's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $6.54 Mil. Amtech Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.15%.
The historical rank and industry rank for Amtech Systems's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASYS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -49.13 Med: 2.47 Max: 58.13
Current: 3.2
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Amtech Systems was 58.13%. The lowest was -49.13%. And the median was 2.47%.
ASYS's Earnings Yield (Joel Greenblatt) % is ranked better than 69.04% of 1024
companies
in the Semiconductors industry
Industry Median: 1.365
vs ASYS: 3.20
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) %. Amtech Systems'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.
Amtech Systems (NAS:ASYS) 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.
Amtech Systems Earnings Yield (Joel Greenblatt) % Related Terms
Amtech Systems Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Amtech Systems'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.
Amtech Systems Earnings Yield (Joel Greenblatt) % Chart
For the Semiconductor Equipment & Materials subindustry, Amtech Systems'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.
Amtech Systems Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Amtech Systems's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Amtech Systems's Earnings Yield (Joel Greenblatt) % falls into.
Amtech Systems 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.
Amtech Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Amtech Systems'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 $6.54 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.15% mean?
Amtech Systems (ASYS) has a Earnings Yield (Joel Greenblatt) % of 2.15% 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 Amtech Systems and its competitors. This is 13% below median its historical median of 2.47. According to the industry distribution chart, Amtech Systems ranks #317 out of 1024 companies in the Semiconductors industry, placing it in the top 31%.
Is Amtech Systems' Earnings Yield (Joel Greenblatt) % too high?
Amtech Systems' current Earnings Yield (Joel Greenblatt) % of 2.15% is 13% below median its 10-year median of 2.47. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.37. Amtech Systems' value of 2.15% is 57.5% above this industry median. Based on the distribution chart, Amtech Systems ranks #317 out of 1024 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Amtech Systems has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amtech Systems' Earnings Yield (Joel Greenblatt) % compare to ATOM and INTT?
According to the Semiconductors industry distribution chart, Amtech Systems ranks #317 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This puts Amtech Systems in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.37. Amtech Systems' value of 2.15% is 57.5% above this benchmark. While the company's 10-year median is 2.47 vs. the industry median of 1.37, Amtech Systems 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.37, based on 1,024 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. Amtech Systems's current Earnings Yield (Joel Greenblatt) % of 2.15% is 57.5% 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 Amtech Systems and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amtech Systems's current Earnings Yield (Joel Greenblatt) % is 2.15%, which is 13% below median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amtech Systems stock overvalued right now?
Based on GuruFocus' analysis, Amtech Systems (ASYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.40, compared to a current price of $15.40 — trading 250% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.15%, which is 13% below median its 10-year median of 2.47 and 57.5% above the Semiconductors industry median of 1.37. Amtech Systems' overall GF Score™ is 55/100 with 5 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 Amtech Systems (ASYS), the current Earnings Yield (Joel Greenblatt) % is 2.15% 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 Amtech Systems (ASYS) Overvalued in 2026?
Based on GuruFocus' analysis, Amtech Systems stock appears to be overvalued.
The current stock price of $15.40 is trading 250% above its estimated GF Value™ of $4.40.
GuruFocus considers Amtech Systems to be Significantly Overvalued.
Key valuation signals for ASYS:
Earnings Yield (Joel Greenblatt) %: 2.15% (13% below median its 10-year median of 2.47)
GF Value™: $4.40 vs. price of $15.40 (250% above fair value)
Industry Position: 57.5% above the Semiconductors median (#317 of 1024)
No single metric tells the full story. See the ASYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amtech Systems Inc provides equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. Its products are used to fabricate and package GPUs for AI applications, SiC and Si power devices, and other optical, analog and digital devices, and are sold to semiconductor packaging, electronic assembly and device fabrication companies. It operates through two segments: Thermal Processing Solutions, which includes conveyorized reflow equipment, high-temperature conveyorized furnaces and diffusion furnaces with maximum revenue; and Semiconductor Fabrication Solutions, which includes consumables, equipment and services for wafer polishing, dicing and cleaning. The majority of revenue is derived from the United States.
55GF Score
Get the complete analysis for ASYS
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASYS has been successfully added to your 
