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AxogenAXGN +1.44%66 Earnings Yield (Joel Greenblatt) % is -1.23% as of Jun. 2026. GuruFocus rates AXGN with a GF Score™ of 66/100 and a GF Value™ of $17.29 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 849 Medical Devices & Instruments companies, Axogen ranks worse than 59.01% on this metric.
Axogen's Enterprise Value for the quarter that ended in Jun. 2026 was $2,387.0 Mil.
Axogen's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-29.4 Mil. Axogen's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -1.23%.
The historical rank and industry rank for Axogen's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AXGN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.35 Med: -3.15 Max: 0.7
Current: -1.16
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Axogen was 0.70%. The lowest was -12.35%. And the median was -3.15%.
AXGN's Earnings Yield (Joel Greenblatt) % is ranked worse than 59.01% of 849
companies
in the Medical Devices & Instruments industry
Industry Median: 0.83
vs AXGN: -1.16
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) %. Axogen'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.
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.
Axogen Earnings Yield (Joel Greenblatt) % Related Terms
Axogen Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Axogen'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 Medical Devices subindustry, Axogen'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.
Axogen Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Axogen's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Axogen'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.
Axogens Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Axogen'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 $-29.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -1.23% mean?
Axogen (AXGN) has a Earnings Yield (Joel Greenblatt) % of -1.23% 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 Axogen and its competitors. According to the industry distribution chart, Axogen ranks #501 out of 849 companies in the Medical Devices & Instruments industry, placing it in the top 59%.
Is Axogen's Earnings Yield (Joel Greenblatt) % too high?
Axogen's current Earnings Yield (Joel Greenblatt) % is -1.23%. Based on the distribution chart, Axogen ranks #501 out of 849 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Axogen has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axogen's Earnings Yield (Joel Greenblatt) % compare to NVCR and NEOG?
According to the Medical Devices & Instruments industry distribution chart, Axogen ranks #501 out of 849 companies for Earnings Yield (Joel Greenblatt) %. This places Axogen in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.83. 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 Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 0.83, based on 849 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. 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 Axogen and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axogen's current Earnings Yield (Joel Greenblatt) % is -1.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axogen stock overvalued right now?
Based on GuruFocus' analysis, Axogen (AXGN) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.29, compared to a current price of $48.73 — trading 181.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -1.23%. Axogen's overall GF Score™ is 66/100 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 Axogen (AXGN), the current Earnings Yield (Joel Greenblatt) % is -1.23% 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 Axogen (AXGN) Overvalued in 2026?
Based on GuruFocus' analysis, Axogen stock appears to be overvalued.
The current stock price of $48.73 is trading 181.8% above its estimated GF Value™ of $17.29.
GuruFocus considers Axogen to be Significantly Overvalued.
Key valuation signals for AXGN:
Earnings Yield (Joel Greenblatt) %: -1.23%
GF Value™: $17.29 vs. price of $48.73 (181.8% above fair value)
No single metric tells the full story. See the AXGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axogen Inc is engaged in the science, development, and commercialization of technologies for peripheral nerve regeneration and repair. The company provides clinically and economically effective repair solutions for surgeons and health care providers. Its products include Avance Nerve Graft, Axoguard Nerve Connector, Axoguard Nerve Protector, Axoguard Nerve Cap, and Avive Soft Tissue Membrane. It also offers an Axotouch Two-Point Discriminator used to measure the innervation density of any surface area of the skin. Its products are available in the United States, Canada, Germany, the United Kingdom, Spain, and several other countries.
66GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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