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China Automotive SystemsCAAS +2.18%78 Earnings Yield (Joel Greenblatt) % is 30.12% as of Dec. 2025, which is 155% above its 10-year median of 11.82. GuruFocus rates CAAS with a GF Score™ of 78/100 and a GF Value™ of $5.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,334 Vehicles & Parts companies, China Automotive Systems ranks better than 94.3% on this metric.
China Automotive Systems's Enterprise Value for the quarter that ended in Dec. 2025 was $209.3 Mil.
China Automotive Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $63.1 Mil. China Automotive Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 30.12%.
The historical rank and industry rank for China Automotive Systems's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAAS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.76 Med: 11.82 Max: 46.83
Current: 28.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Automotive Systems was 46.83%. The lowest was -5.76%. And the median was 11.82%.
CAAS's Earnings Yield (Joel Greenblatt) % is ranked better than 94.3% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 5.82
vs CAAS: 28.41
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) %. China Automotive Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 25.45%. 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.
China Automotive Systems (NAS:CAAS) 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.
China Automotive Systems Earnings Yield (Joel Greenblatt) % Related Terms
China Automotive Systems Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for China Automotive Systems'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.
China Automotive Systems Earnings Yield (Joel Greenblatt) % Chart
For the Auto Parts subindustry, China Automotive Systems'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.
China Automotive Systems Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Automotive Systems's Earnings Yield (Joel Greenblatt) % falls into.
China Automotive Systems 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.
China Automotive Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
China Automotive Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $63.1 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 30.12% mean?
China Automotive Systems (CAAS) has a Earnings Yield (Joel Greenblatt) % of 30.12% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Automotive Systems and its competitors. This is 155% above median its historical median of 11.82. According to the industry distribution chart, China Automotive Systems ranks #76 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 5.7%.
Is China Automotive Systems' Earnings Yield (Joel Greenblatt) % too high?
China Automotive Systems' current Earnings Yield (Joel Greenblatt) % of 30.12% is 155% above median its 10-year median of 11.82. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.82. China Automotive Systems' value of 30.12% is 417.5% above this industry median. Based on the distribution chart, China Automotive Systems ranks #76 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, China Automotive Systems has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Automotive Systems' Earnings Yield (Joel Greenblatt) % compare to INVZ and CVGI?
According to the Vehicles & Parts industry distribution chart, China Automotive Systems ranks #76 out of 1334 companies for Earnings Yield (Joel Greenblatt) %. This places China Automotive Systems in the top 6% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.82. China Automotive Systems' value of 30.12% is 417.5% above this benchmark. While the company's 10-year median is 11.82 vs. the industry median of 5.82, China Automotive Systems 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.82, based on 1,334 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. China Automotive Systems's current Earnings Yield (Joel Greenblatt) % of 30.12% is 417.5% 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 China Automotive Systems and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Automotive Systems's current Earnings Yield (Joel Greenblatt) % is 30.12%, which is 155% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Automotive Systems stock overvalued right now?
Based on GuruFocus' analysis, China Automotive Systems (CAAS) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.32, compared to a current price of $4.69 — trading 11.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 30.12%, which is 155% above median its 10-year median of 11.82 and 417.5% above the Vehicles & Parts industry median of 5.82. China Automotive Systems' overall GF Score™ is 78/100 with 4 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 China Automotive Systems (CAAS), the current Earnings Yield (Joel Greenblatt) % is 30.12% as of Dec. 2025. 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 China Automotive Systems (CAAS) Overvalued in 2026?
Based on GuruFocus' analysis, China Automotive Systems stock appears to be undervalued.
The current stock price of $4.69 is trading 11.8% below its estimated GF Value™ of $5.32.
GuruFocus considers China Automotive Systems to be Modestly Undervalued.
Key valuation signals for CAAS:
Earnings Yield (Joel Greenblatt) %: 30.12% (155% above median its 10-year median of 11.82)
GF Value™: $5.32 vs. price of $4.69 (11.8% below fair value)
Industry Position: 417.5% above the Vehicles & Parts median (#76 of 1334)
No single metric tells the full story. See the CAAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Automotive Systems Inc is a holding company. The firm, through its subsidiary, is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series of power steering models, including rack and pinion power steering, integral power steering, electronic power steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of its revenue from China.
78GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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