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California Nanotechnologies's Enterprise Value for the quarter that ended in May. 2026 was $9.71 Mil.
California Nanotechnologies's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $-1.73 Mil. California Nanotechnologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was -18.94%.
The historical rank and industry rank for California Nanotechnologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CANOF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.78 Med: 0.07 Max: 15.55
Current: -16.1
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of California Nanotechnologies was 15.55%. The lowest was -26.78%. And the median was 0.07%.
CANOF's Earnings Yield (Joel Greenblatt) % is ranked worse than 95.09% of 1628
companies
in the Chemicals industry
Industry Median: 3.875
vs CANOF: -16.10
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) %. California Nanotechnologies's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.
California Nanotechnologies (OTCPK:CANOF) 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.
California Nanotechnologies Earnings Yield (Joel Greenblatt) % Related Terms
California Nanotechnologies Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for California Nanotechnologies'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.
California Nanotechnologies Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Chemicals subindustry, California Nanotechnologies'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.
California Nanotechnologies Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where California Nanotechnologies's Earnings Yield (Joel Greenblatt) % falls into.
California Nanotechnologies 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.
California Nanotechnologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as
California Nanotechnologies's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.73 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -18.94% mean?
California Nanotechnologies (CANOF) has a Earnings Yield (Joel Greenblatt) % of -18.94% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on California Nanotechnologies and its competitors. According to the industry distribution chart, California Nanotechnologies ranks #1548 out of 1628 companies in the Chemicals industry, placing it in the top 95.1%.
Is California Nanotechnologies' Earnings Yield (Joel Greenblatt) % too high?
California Nanotechnologies' current Earnings Yield (Joel Greenblatt) % is -18.94%. Based on the distribution chart, California Nanotechnologies ranks #1548 out of 1628 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, California Nanotechnologies has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, California Nanotechnologies ranks #1548 out of 1628 companies for Earnings Yield (Joel Greenblatt) %. This places California Nanotechnologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.88. 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.88, based on 1,628 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. 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 California Nanotechnologies and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Nanotechnologies's current Earnings Yield (Joel Greenblatt) % is -18.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Nanotechnologies stock overvalued right now?
Based on GuruFocus' analysis, California Nanotechnologies (CANOF) is currently considered Fairly Valued. The stock's GF Value™ is $0.22, compared to a current price of $0.22 — trading 0.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -18.94%. California Nanotechnologies' overall GF Score™ is 39/100 with 5 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 California Nanotechnologies (CANOF), the current Earnings Yield (Joel Greenblatt) % is -18.94% as of May. 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 California Nanotechnologies (CANOF) Overvalued in 2026?
Based on GuruFocus' analysis, California Nanotechnologies stock appears to be overvalued.
The current stock price of $0.22 is trading 0.5% above its estimated GF Value™ of $0.22.
GuruFocus considers California Nanotechnologies to be Fairly Valued.
Key valuation signals for CANOF:
Earnings Yield (Joel Greenblatt) %: -18.94%
GF Value™: $0.22 vs. price of $0.22 (0.5% above fair value)
No single metric tells the full story. See the CANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
39GF Score
Get the complete analysis for CANOF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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