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Positivo TecnologiaBSP:POSI3 -1.17%70 Earnings Yield (Joel Greenblatt) % is 18.05% as of Jun. 2026, which is 1% below its 10-year median of 18.32. GuruFocus rates BSP:POSI3 with a GF Score™ of 70/100 and a GF Value™ of R$5.16 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,497 Hardware companies, Positivo Tecnologia ranks better than 91.71% on this metric.
Positivo Tecnologia's Enterprise Value for the quarter that ended in Jun. 2026 was R$1,302 Mil.
Positivo Tecnologia's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$235 Mil. Positivo Tecnologia's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 18.05%.
The historical rank and industry rank for Positivo Tecnologia's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:POSI3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.05 Med: 18.32 Max: 38.78
Current: 19.53
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Positivo Tecnologia was 38.78%. The lowest was 2.05%. And the median was 18.32%.
BSP:POSI3's Earnings Yield (Joel Greenblatt) % is ranked better than 91.71% of 2497
companies
in the Hardware industry
Industry Median: 2.7
vs BSP:POSI3: 19.53
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) %. Positivo Tecnologia's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 4.57%. 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.
Positivo Tecnologia Earnings Yield (Joel Greenblatt) % Related Terms
Positivo Tecnologia Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Positivo Tecnologia'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 Computer Hardware subindustry, Positivo Tecnologia'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.
Positivo Tecnologia Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Positivo Tecnologia's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Positivo Tecnologia'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.
Positivo Tecnologias Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Positivo Tecnologia'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 R$235 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 18.05% mean?
Positivo Tecnologia (BSP:POSI3) has a Earnings Yield (Joel Greenblatt) % of 18.05% 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 Positivo Tecnologia and its competitors. This is near median its historical median of 18.32. Over the past decade, Positivo Tecnologia's Earnings Yield (Joel Greenblatt) % has ranged from 2.05 to 38.78. According to the industry distribution chart, Positivo Tecnologia ranks #207 out of 2497 companies in the Hardware industry, placing it in the top 8.3%.
Is Positivo Tecnologia's Earnings Yield (Joel Greenblatt) % too high?
Positivo Tecnologia's current Earnings Yield (Joel Greenblatt) % of 18.05% is near median its 10-year median of 18.32. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 38.78. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.70. Positivo Tecnologia's value of 18.05% is 568.5% above this industry median. Based on the distribution chart, Positivo Tecnologia ranks #207 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Positivo Tecnologia has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Positivo Tecnologia's Earnings Yield (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Positivo Tecnologia ranks #207 out of 2497 companies for Earnings Yield (Joel Greenblatt) %. This places Positivo Tecnologia in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.70. Positivo Tecnologia's value of 18.05% is 568.5% above this benchmark. Historically, Positivo Tecnologia's own Earnings Yield (Joel Greenblatt) % has ranged from 2.05 to 38.78 over the past decade. While the company's 10-year median is 18.32 vs. the industry median of 2.70, Positivo Tecnologia 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 2.70, based on 2,497 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. Positivo Tecnologia's current Earnings Yield (Joel Greenblatt) % of 18.05% is 568.5% 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 Positivo Tecnologia and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Positivo Tecnologia's current Earnings Yield (Joel Greenblatt) % is 18.05%, which is near median its own 10-year median of 18.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Positivo Tecnologia stock overvalued right now?
Based on GuruFocus' analysis, Positivo Tecnologia (BSP:POSI3) is currently considered Possible Value Trap. The stock's GF Value™ is R$5.16, compared to a current price of R$3.39 — trading 34.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.05%, which is near median its 10-year median of 18.32 and 568.5% above the Hardware industry median of 2.70. Positivo Tecnologia's overall GF Score™ is 70/100 with 6 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 Positivo Tecnologia (BSP:POSI3), the current Earnings Yield (Joel Greenblatt) % is 18.05% 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 Positivo Tecnologia (BSP:POSI3) Overvalued in 2026?
Based on GuruFocus' analysis, Positivo Tecnologia stock appears to be undervalued.
The current stock price of R$3.39 is trading 34.3% below its estimated GF Value™ of R$5.16.
GuruFocus considers Positivo Tecnologia to be Possible Value Trap.
Key valuation signals for BSP:POSI3:
Earnings Yield (Joel Greenblatt) %: 18.05% (near median its 10-year median of 18.32)
GF Value™: R$5.16 vs. price of R$3.39 (34.3% below fair value)
Industry Position: 568.5% above the Hardware median (#207 of 2497)
No single metric tells the full story. See the BSP:POSI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Positivo Tecnologia SA is a technology company. The Company is mainly engaged in the manufacturing, sale, and development of information technology projects; the manufacturing, sale, and lease of software and hardware; the sale of IT equipment, educational application systems, and school administration systems, as well as planning and providing technical and educational support; the representation, sale, implementation, training, and provision of technical support services for equipment and technical, technological, and scientific education systems across various fields; the development, manufacturing, and sale of electronic voting machines; and the provision of services in the information technology industry, including managed IT services.
70GF Score
Get the complete analysis for BSP:POSI3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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