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Badger MeterBMI -1.74%85 Earnings Yield (Joel Greenblatt) % is 3.89% as of Jun. 2026, which is 16% above its 10-year median of 3.36. GuruFocus rates BMI with a GF Score™ of 85/100 and a GF Value™ of $202.81 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,489 Hardware companies, Badger Meter ranks better than 63.32% on this metric.
Badger Meter's Enterprise Value for the quarter that ended in Jun. 2026 was $4,205.4 Mil.
Badger Meter's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $163.7 Mil. Badger Meter's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.89%.
The historical rank and industry rank for Badger Meter's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BMI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.1 Med: 3.36 Max: 5.37
Current: 4.24
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Badger Meter was 5.37%. The lowest was 2.10%. And the median was 3.36%.
BMI's Earnings Yield (Joel Greenblatt) % is ranked better than 63.32% of 2489
companies
in the Hardware industry
Industry Median: 2.24
vs BMI: 4.24
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) %. Badger Meter's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 22.07%. 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.
Badger Meter (NYSE:BMI) 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.
Badger Meter Earnings Yield (Joel Greenblatt) % Related Terms
Badger Meter Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Badger Meter'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.
Badger Meter Earnings Yield (Joel Greenblatt) % Chart
For the Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Badger Meter's Earnings Yield (Joel Greenblatt) % falls into.
Badger Meter 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.
Badger Meters Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Badger Meter'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 $163.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.89% mean?
Badger Meter (BMI) has a Earnings Yield (Joel Greenblatt) % of 3.89% 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 Badger Meter and its competitors. This is 16% above median its historical median of 3.36. Over the past decade, Badger Meter's Earnings Yield (Joel Greenblatt) % has ranged from 2.10 to 5.37. According to the industry distribution chart, Badger Meter ranks #913 out of 2489 companies in the Hardware industry, placing it in the top 36.7%.
Is Badger Meter's Earnings Yield (Joel Greenblatt) % too high?
Badger Meter's current Earnings Yield (Joel Greenblatt) % of 3.89% is 16% above median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 5.37. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.24. Badger Meter's value of 3.89% is 73.7% above this industry median. Based on the distribution chart, Badger Meter ranks #913 out of 2489 companies in the Hardware industry, which is above the industry midpoint. Overall, Badger Meter has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's Earnings Yield (Joel Greenblatt) % compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #913 out of 2489 companies for Earnings Yield (Joel Greenblatt) %. This puts Badger Meter in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.24. Badger Meter's value of 3.89% is 73.7% above this benchmark. Historically, Badger Meter's own Earnings Yield (Joel Greenblatt) % has ranged from 2.10 to 5.37 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 2.24, Badger Meter 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.24, based on 2,489 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. Badger Meter's current Earnings Yield (Joel Greenblatt) % of 3.89% is 73.7% 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 Badger Meter and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current Earnings Yield (Joel Greenblatt) % is 3.89%, which is 16% above median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $202.81, compared to a current price of $136.44 — trading 32.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.89%, which is 16% above median its 10-year median of 3.36 and 73.7% above the Hardware industry median of 2.24. Badger Meter's overall GF Score™ is 85/100 with 1 warning sign 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 Badger Meter (BMI), the current Earnings Yield (Joel Greenblatt) % is 3.89% 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 Badger Meter (BMI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued.
The current stock price of $136.44 is trading 32.7% below its estimated GF Value™ of $202.81.
GuruFocus considers Badger Meter to be Significantly Undervalued.
Key valuation signals for BMI:
Earnings Yield (Joel Greenblatt) %: 3.89% (16% above median its 10-year median of 3.36)
GF Value™: $202.81 vs. price of $136.44 (32.7% below fair value)
Industry Position: 73.7% above the Hardware median (#913 of 2489)
No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
85GF Score
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