CANRF (Canare Electric Co) Earnings Yield (Joel Greenblatt) %: 46.73% (As of Dec. 2025) — 60% 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.

CANRF Canare Electric Co Ltd CANRF
80 GF Score
Price $9.96
GF Value $9.31
! 2 Warning Signs
View Full Analysis

What is Canare Electric Co Earnings Yield (Joel Greenblatt) %?

Canare Electric Co CANRF 80 Earnings Yield (Joel Greenblatt) % is 46.73% as of Dec. 2025, which is 60% above its 10-year median of 29.17. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.31. The stock has 2 warning signs investors should review. Among 3,082 Industrial Products companies, Canare Electric Co ranks better than 98.12% on this metric.

Canare Electric Co's Enterprise Value for the quarter that ended in Dec. 2025 was $8.71 Mil. Canare Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $10.12 Mil. Canare Electric Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 46.73%.

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

CANRF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -44597.62   Med: 29.17   Max: 9749.47
Current: 46.73

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Canare Electric Co was 9749.47%. The lowest was -44597.62%. And the median was 29.17%.

CANRF's Earnings Yield (Joel Greenblatt) % is ranked better than
98.12% of 3082 companies
in the Industrial Products industry
Industry Median: 3.33 vs CANRF: 46.73

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) %. Canare Electric Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 17.64%. 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.


Canare Electric Co  (OTCPK:CANRF) 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.


Canare Electric Co Earnings Yield (Joel Greenblatt) % Related Terms


Canare Electric Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Canare Electric Co'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.

Canare Electric Co Earnings Yield (Joel Greenblatt) % Chart

Canare Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.61 -1,111.11 1,250.00 -92.59 46.73

Canare Electric Co 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 140.85 104.17 43.86 46.73 0.00

CANRF vs VRT, BE: Earnings Yield (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Canare Electric Co'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.


Canare Electric Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canare Electric Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Canare Electric Co's Earnings Yield (Joel Greenblatt) % falls into.


CANRF
80GF Score
Canare Electric Co Ltd CANRF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canare Electric Co 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.

Canare Electric Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10.552/8.70636
=121.20 %

Canare Electric Co'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 $10.12 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 46.73% mean?
Canare Electric Co (CANRF) has a Earnings Yield (Joel Greenblatt) % of 46.73% 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 Canare Electric Co and its competitors. This is 60% above median its historical median of 29.17. According to the industry distribution chart, Canare Electric Co ranks #58 out of 3082 companies in the Industrial Products industry, placing it in the top 1.9%.
Is Canare Electric Co's Earnings Yield (Joel Greenblatt) % too high?
Canare Electric Co's current Earnings Yield (Joel Greenblatt) % of 46.73% is 60% above median its 10-year median of 29.17. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.33. Canare Electric Co's value of 46.73% is 1303.3% above this industry median. Based on the distribution chart, Canare Electric Co ranks #58 out of 3082 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's Earnings Yield (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Canare Electric Co ranks #58 out of 3082 companies for Earnings Yield (Joel Greenblatt) %. This places Canare Electric Co in the top 2% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.33. Canare Electric Co's value of 46.73% is 1303.3% above this benchmark. While the company's 10-year median is 29.17 vs. the industry median of 3.33, Canare Electric Co 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 Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.33, based on 3,082 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. Canare Electric Co's current Earnings Yield (Joel Greenblatt) % of 46.73% is 1303.3% 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 Canare Electric Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canare Electric Co's current Earnings Yield (Joel Greenblatt) % is 46.73%, which is 60% above median its own 10-year median of 29.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current Earnings Yield (Joel Greenblatt) % of 46.73%. The stock's GF Value™ is $9.31, compared to a current price of $9.96 — trading 7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 46.73%, which is 60% above median its 10-year median of 29.17 and 1303.3% above the Industrial Products industry median of 3.33. Canare Electric Co's overall GF Score™ is 80/100 with 2 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 Canare Electric Co (CANRF), the current Earnings Yield (Joel Greenblatt) % is 46.73% 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 Canare Electric Co (CANRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued. The current stock price of $9.96 is trading 7% above its estimated GF Value™ of $9.31.

Key valuation signals for CANRF:

  • Earnings Yield (Joel Greenblatt) %: 46.73% (60% above median its 10-year median of 29.17)
  • GF Value™: $9.31 vs. price of $9.96 (7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 1303.3% above the Industrial Products median (#58 of 3082)

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


Canare Electric Co Business Description

Other Exchanges 5819:Japan
Address 1201-10 Okumawari, Fujieda-cho, Aichi Prefecture, Nisshin, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score

Get the complete analysis for CANRF

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

$9.96
Price
$9.31
GF Value