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Veto Switchgears And CablesBOM:539331 -1.22%80 Earnings Yield (Joel Greenblatt) % is 15.92% as of Jun. 2026, which is 18% above its 10-year median of 13.54. GuruFocus rates BOM:539331 with a GF Score™ of 80/100 and a GF Value™ of ₹166.71 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 3,103 Industrial Products companies, Veto Switchgears And Cables ranks better than 90.01% on this metric.
Veto Switchgears And Cables's Enterprise Value for the quarter that ended in Jun. 2026 was ₹2,391 Mil.
Veto Switchgears And Cables's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹388 Mil. Veto Switchgears And Cables's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 15.92%.
The historical rank and industry rank for Veto Switchgears And Cables's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BOM:539331'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.48 Med: 13.54 Max: 33
Current: 14.88
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Veto Switchgears And Cables was 33.00%. The lowest was 2.48%. And the median was 13.54%.
BOM:539331's Earnings Yield (Joel Greenblatt) % is ranked better than 90.01% of 3103
companies
in the Industrial Products industry
Industry Median: 3.56
vs BOM:539331: 14.88
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) %. Veto Switchgears And Cables'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.
Veto Switchgears And Cables Earnings Yield (Joel Greenblatt) % Related Terms
Veto Switchgears And Cables Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Veto Switchgears And Cables'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.
Veto Switchgears And Cables Earnings Yield (Joel Greenblatt) % Chart
BOM:539331 vs VRT, BE: Earnings Yield (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables'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.
Veto Switchgears And Cables Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Veto Switchgears And Cables's Earnings Yield (Joel Greenblatt) % falls into.
Veto Switchgears And Cables 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.
Veto Switchgears And Cabless Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Veto Switchgears And Cables'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 ₹388 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 15.92% mean?
Veto Switchgears And Cables (BOM:539331) has a Earnings Yield (Joel Greenblatt) % of 15.92% 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 Veto Switchgears And Cables and its competitors. This is 18% above median its historical median of 13.54. Over the past decade, Veto Switchgears And Cables' Earnings Yield (Joel Greenblatt) % has ranged from 2.48 to 33.00. According to the industry distribution chart, Veto Switchgears And Cables ranks #310 out of 3103 companies in the Industrial Products industry, placing it in the top 10%.
Is Veto Switchgears And Cables' Earnings Yield (Joel Greenblatt) % too high?
Veto Switchgears And Cables' current Earnings Yield (Joel Greenblatt) % of 15.92% is 18% above median its 10-year median of 13.54. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 33.00. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.56. Veto Switchgears And Cables' value of 15.92% is 347.2% above this industry median. Based on the distribution chart, Veto Switchgears And Cables ranks #310 out of 3103 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Veto Switchgears And Cables has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veto Switchgears And Cables' Earnings Yield (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Veto Switchgears And Cables ranks #310 out of 3103 companies for Earnings Yield (Joel Greenblatt) %. This places Veto Switchgears And Cables in the top 10% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.56. Veto Switchgears And Cables' value of 15.92% is 347.2% above this benchmark. Historically, Veto Switchgears And Cables' own Earnings Yield (Joel Greenblatt) % has ranged from 2.48 to 33.00 over the past decade. While the company's 10-year median is 13.54 vs. the industry median of 3.56, Veto Switchgears And Cables 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.56, based on 3,103 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. Veto Switchgears And Cables's current Earnings Yield (Joel Greenblatt) % of 15.92% is 347.2% 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 Veto Switchgears And Cables and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veto Switchgears And Cables's current Earnings Yield (Joel Greenblatt) % is 15.92%, which is 18% above median its own 10-year median of 13.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veto Switchgears And Cables stock overvalued right now?
Based on GuruFocus' analysis, Veto Switchgears And Cables (BOM:539331) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹166.71, compared to a current price of ₹125.85 — trading 24.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 15.92%, which is 18% above median its 10-year median of 13.54 and 347.2% above the Industrial Products industry median of 3.56. Veto Switchgears And Cables' overall GF Score™ is 80/100 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 Veto Switchgears And Cables (BOM:539331), the current Earnings Yield (Joel Greenblatt) % is 15.92% 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 Veto Switchgears And Cables (BOM:539331) Overvalued in 2026?
Based on GuruFocus' analysis, Veto Switchgears And Cables stock appears to be undervalued.
The current stock price of ₹125.85 is trading 24.5% below its estimated GF Value™ of ₹166.71.
GuruFocus considers Veto Switchgears And Cables to be Modestly Undervalued.
Key valuation signals for BOM:539331:
Earnings Yield (Joel Greenblatt) %: 15.92% (18% above median its 10-year median of 13.54)
GF Value™: ₹166.71 vs. price of ₹125.85 (24.5% below fair value)
Industry Position: 347.2% above the Industrial Products median (#310 of 3103)
No single metric tells the full story. See the BOM:539331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.
80GF Score
Get the complete analysis for BOM:539331
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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