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Butler NationalBUKS +10.68%74 Earnings Yield (Joel Greenblatt) % is 12.11% as of Apr. 2026, which is 15% below its 10-year median of 14.23. GuruFocus rates BUKS with a GF Scoreâ„¢ of 74/100 and a GF Valueâ„¢ of $1.91 (Significantly Overvalued). Among 364 Aerospace & Defense companies, Butler National ranks better than 92.86% on this metric.
Butler National's Enterprise Value for the quarter that ended in Apr. 2026 was $257.86 Mil.
Butler National's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $31.23 Mil. Butler National's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 12.11%.
The historical rank and industry rank for Butler National's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BUKS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.62 Med: 14.23 Max: 33.22
Current: 11.66
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Butler National was 33.22%. The lowest was 1.62%. And the median was 14.23%.
BUKS's Earnings Yield (Joel Greenblatt) % is ranked better than 92.86% of 364
companies
in the Aerospace & Defense industry
Industry Median: 2.085
vs BUKS: 11.66
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) %. Butler National's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 23.32%. 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.
Butler National (OTCPK:BUKS) 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.
Butler National Earnings Yield (Joel Greenblatt) % Related Terms
Butler National Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Butler National'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.
Butler National Earnings Yield (Joel Greenblatt) % Chart
For the Aerospace & Defense subindustry, Butler National'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.
Butler National Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Butler National's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Butler National's Earnings Yield (Joel Greenblatt) % falls into.
Butler National 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.
Butler Nationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
Butler National's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.23 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.11% mean?
Butler National (BUKS) has a Earnings Yield (Joel Greenblatt) % of 12.11% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Butler National and its competitors. This is 15% below median its historical median of 14.23. Over the past decade, Butler National's Earnings Yield (Joel Greenblatt) % has ranged from 1.62 to 33.22. According to the industry distribution chart, Butler National ranks #26 out of 364 companies in the Aerospace & Defense industry, placing it in the top 7.1%.
Is Butler National's Earnings Yield (Joel Greenblatt) % too high?
Butler National's current Earnings Yield (Joel Greenblatt) % of 12.11% is 15% below median its 10-year median of 14.23. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 33.22. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.09. Butler National's value of 12.11% is 480.8% above this industry median. Based on the distribution chart, Butler National ranks #26 out of 364 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Earnings Yield (Joel Greenblatt) % compare to POWW and AIRO?
According to the Aerospace & Defense industry distribution chart, Butler National ranks #26 out of 364 companies for Earnings Yield (Joel Greenblatt) %. This places Butler National in the top 7% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.09. Butler National's value of 12.11% is 480.8% above this benchmark. Historically, Butler National's own Earnings Yield (Joel Greenblatt) % has ranged from 1.62 to 33.22 over the past decade. While the company's 10-year median is 14.23 vs. the industry median of 2.09, Butler National 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 Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.09, based on 364 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. Butler National's current Earnings Yield (Joel Greenblatt) % of 12.11% is 480.8% 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 Butler National and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butler National's current Earnings Yield (Joel Greenblatt) % is 12.11%, which is 15% below median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.91, compared to a current price of $4.25 — trading 122.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.11%, which is 15% below median its 10-year median of 14.23 and 480.8% above the Aerospace & Defense industry median of 2.09. Butler National's overall GF Score™ is 74/100. 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 Butler National (BUKS), the current Earnings Yield (Joel Greenblatt) % is 12.11% as of Apr. 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 Butler National (BUKS) Overvalued in 2026?
Based on GuruFocus' analysis, Butler National stock appears to be overvalued.
The current stock price of $4.25 is trading 122.5% above its estimated GF Value™ of $1.91.
GuruFocus considers Butler National to be Significantly Overvalued.
Key valuation signals for BUKS:
Earnings Yield (Joel Greenblatt) %: 12.11% (15% below median its 10-year median of 14.23)
GF Value™: $1.91 vs. price of $4.25 (122.5% above fair value)
Industry Position: 480.8% above the Aerospace & Defense median (#26 of 364)
No single metric tells the full story. See the BUKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
74GF Score
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