Grupo Multi (BSP:MLAS3) Earnings Yield (Joel Greenblatt) %: 27.47% (As of Mar. 2026) — 10888% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:MLAS3 Grupo Multi SA BSP:MLAS3
72 GF Score
Price R$1.71
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Grupo Multi Earnings Yield (Joel Greenblatt) %?

Grupo Multi BSP:MLAS3 -0.58% 72 Earnings Yield (Joel Greenblatt) % is 27.47% as of Mar. 2026, which is 10888% above its 10-year median of 0.25. GuruFocus rates BSP:MLAS3 with a GF Score™ of 72/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,493 Hardware companies, Grupo Multi ranks better than 92.5% on this metric.

Grupo Multi's Enterprise Value for the quarter that ended in Mar. 2026 was R$926 Mil. Grupo Multi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$255 Mil. Grupo Multi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 27.47%.

The historical rank and industry rank for Grupo Multi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

BSP:MLAS3' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -59.59   Med: 0.25   Max: 26.79
Current: 20.12

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Grupo Multi was 26.79%. The lowest was -59.59%. And the median was 0.25%.

BSP:MLAS3's Earnings Yield (Joel Greenblatt) % is ranked better than
92.5% of 2493 companies
in the Hardware industry
Industry Median: 2.23 vs BSP:MLAS3: 20.12

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) %. Grupo Multi's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Grupo Multi  (BSP:MLAS3) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Grupo Multi Earnings Yield (Joel Greenblatt) % Related Terms


Grupo Multi Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi Earnings Yield (Joel Greenblatt) % Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 13.11 5.01 -50.51 -24.39 19.61

Grupo Multi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.13 0.23 5.52 19.61 27.47

BSP:MLAS3 vs SNX, ARW, AVT: Earnings Yield (Joel Greenblatt) % Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi Earnings Yield (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Grupo Multi's Earnings Yield (Joel Greenblatt) % falls into.


BSP:MLAS3
72GF Score
Grupo Multi SA BSP:MLAS3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Multi 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.

Grupo Multis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=199.065/1014.69676
=19.62 %

Grupo Multi'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$255 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 27.47% mean?
Grupo Multi (BSP:MLAS3) has a Earnings Yield (Joel Greenblatt) % of 27.47% 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 Grupo Multi and its competitors. This is 10888% above median its historical median of 0.25. According to the industry distribution chart, Grupo Multi ranks #187 out of 2493 companies in the Hardware industry, placing it in the top 7.5%.
Is Grupo Multi's Earnings Yield (Joel Greenblatt) % too high?
Grupo Multi's current Earnings Yield (Joel Greenblatt) % of 27.47% is 10888% above median its 10-year median of 0.25. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.23. Grupo Multi's value of 27.47% is 1131.8% above this industry median. Based on the distribution chart, Grupo Multi ranks #187 out of 2493 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo Multi has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's Earnings Yield (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Grupo Multi ranks #187 out of 2493 companies for Earnings Yield (Joel Greenblatt) %. This places Grupo Multi in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.23. Grupo Multi's value of 27.47% is 1131.8% above this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 2.23, Grupo Multi 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 2.23, based on 2,493 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. Grupo Multi's current Earnings Yield (Joel Greenblatt) % of 27.47% is 1131.8% 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 Grupo Multi and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current Earnings Yield (Joel Greenblatt) % is 27.47%, which is 10888% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.71 — trading 7.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 27.47%, which is 10888% above median its 10-year median of 0.25 and 1131.8% above the Hardware industry median of 2.23. Grupo Multi's overall GF Score™ is 72/100 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 Grupo Multi (BSP:MLAS3), the current Earnings Yield (Joel Greenblatt) % is 27.47% 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.71 is trading 7.1% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • Earnings Yield (Joel Greenblatt) %: 27.47% (10888% above median its 10-year median of 0.25)
  • GF Value™: R$1.84 vs. price of R$1.71 (7.1% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 1131.8% above the Hardware median (#187 of 2493)

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
72GF Score

Get the complete analysis for BSP:MLAS3

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$1.71
Price
R$1.84
GF Value