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CIA de Ferro Ligas da Bahia - FerbasaBSP:FESA4 +1.36%67 Earnings Yield (Joel Greenblatt) % is 4.43% as of Mar. 2026, which is 60% below its 10-year median of 11.18. GuruFocus rates BSP:FESA4 with a GF Score™ of 67/100 and a GF Value™ of R$8.46 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 629 Steel companies, CIA de Ferro Ligas da Bahia - Ferbasa ranks better than 67.89% on this metric.
The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:FESA4'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.89 Med: 11.18 Max: 35.17
Current: 8.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CIA de Ferro Ligas da Bahia - Ferbasa was 35.17%. The lowest was 3.89%. And the median was 11.18%.
BSP:FESA4's Earnings Yield (Joel Greenblatt) % is ranked better than 67.89% of 629
companies
in the Steel industry
Industry Median: 5.08
vs BSP:FESA4: 8.34
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) %. CIA de Ferro Ligas da Bahia - Ferbasa's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -4.37%. 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.
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) 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.
* 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.
CIA de Ferro Ligas da Bahia - Ferbasa Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.
CIA de Ferro Ligas da Bahia - Ferbasa Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % falls into.
CIA de Ferro Ligas da Bahia - Ferbasa 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.
CIA de Ferro Ligas da Bahia - Ferbasa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$161 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.43% mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) has a Earnings Yield (Joel Greenblatt) % of 4.43% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. This is 60% below median its historical median of 11.18. Over the past decade, CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % has ranged from 3.89 to 35.17. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #202 out of 629 companies in the Steel industry, placing it in the top 32.1%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current Earnings Yield (Joel Greenblatt) % of 4.43% is 60% below median its 10-year median of 11.18. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 35.17. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.08. CIA de Ferro Ligas da Bahia - Ferbasa's value of 4.43% is 12.8% below this industry median. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #202 out of 629 companies in the Steel industry, which is above the industry midpoint. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #202 out of 629 companies for Earnings Yield (Joel Greenblatt) %. This puts CIA de Ferro Ligas da Bahia - Ferbasa in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.08. CIA de Ferro Ligas da Bahia - Ferbasa's value of 4.43% is 12.8% below this benchmark. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own Earnings Yield (Joel Greenblatt) % has ranged from 3.89 to 35.17 over the past decade. While the company's 10-year median is 11.18 vs. the industry median of 5.08, CIA de Ferro Ligas da Bahia - Ferbasa 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.08, based on 629 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. CIA de Ferro Ligas da Bahia - Ferbasa's current Earnings Yield (Joel Greenblatt) % of 4.43% is 12.8% 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Ferro Ligas da Bahia - Ferbasa's current Earnings Yield (Joel Greenblatt) % is 4.43%, which is 60% below median its own 10-year median of 11.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$8.46, compared to a current price of R$5.95 — trading 29.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.43%, which is 60% below median its 10-year median of 11.18 and 12.8% below the Steel industry median of 5.08. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 67/100 with 8 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4), the current Earnings Yield (Joel Greenblatt) % is 4.43% as of Mar. 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Overvalued in 2026?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued.
The current stock price of R$5.95 is trading 29.7% below its estimated GF Value™ of R$8.46.
GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Significantly Undervalued.
Key valuation signals for BSP:FESA4:
Earnings Yield (Joel Greenblatt) %: 4.43% (60% below median its 10-year median of 11.18)
GF Value™: R$8.46 vs. price of R$5.95 (29.7% below fair value)
Industry Position: 12.8% below the Steel median (#202 of 629)
No single metric tells the full story. See the BSP:FESA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA de Ferro Ligas da Bahia - Ferbasa Business Description
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
67GF Score
Get the complete analysis for BSP:FESA4
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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