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QinetiQ GroupCHIX:QQL +0.39%72 Earnings Yield (Joel Greenblatt) % is 6.99% as of Mar. 2026, which is 13% below its 10-year median of 8.07. GuruFocus rates CHIX:QQL with a GF Score™ of 72/100 and a GF Value™ of £4.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 362 Aerospace & Defense companies, QinetiQ Group ranks better than 85.36% on this metric.
QinetiQ Group's Enterprise Value for the quarter that ended in Mar. 2026 was £2,522 Mil.
QinetiQ Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £177 Mil. QinetiQ Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.99%.
The historical rank and industry rank for QinetiQ Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:QQl'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.68 Med: 8.07 Max: 15.79
Current: 6.61
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of QinetiQ Group was 15.79%. The lowest was -3.68%. And the median was 8.07%.
CHIX:QQl's Earnings Yield (Joel Greenblatt) % is ranked better than 85.36% of 362
companies
in the Aerospace & Defense industry
Industry Median: 2.09
vs CHIX:QQl: 6.61
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) %. QinetiQ Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -5.53%. 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.
QinetiQ Group (CHIX:QQl) 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.
QinetiQ Group Earnings Yield (Joel Greenblatt) % Related Terms
QinetiQ Group Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for QinetiQ Group'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.
QinetiQ Group Earnings Yield (Joel Greenblatt) % Chart
For the Aerospace & Defense subindustry, QinetiQ Group'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.
QinetiQ Group Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where QinetiQ Group's Earnings Yield (Joel Greenblatt) % falls into.
QinetiQ Group 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.
QinetiQ Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 6.99% mean?
QinetiQ Group (CHIX:QQL) has a Earnings Yield (Joel Greenblatt) % of 6.99% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on QinetiQ Group and its competitors. This is 13% below median its historical median of 8.07. According to the industry distribution chart, QinetiQ Group ranks #53 out of 362 companies in the Aerospace & Defense industry, placing it in the top 14.6%.
Is QinetiQ Group's Earnings Yield (Joel Greenblatt) % too high?
QinetiQ Group's current Earnings Yield (Joel Greenblatt) % of 6.99% is 13% below median its 10-year median of 8.07. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.09. QinetiQ Group's value of 6.99% is 234.4% above this industry median. Based on the distribution chart, QinetiQ Group ranks #53 out of 362 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, QinetiQ Group has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's Earnings Yield (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, QinetiQ Group ranks #53 out of 362 companies for Earnings Yield (Joel Greenblatt) %. This places QinetiQ Group in the top 15% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.09. QinetiQ Group's value of 6.99% is 234.4% above this benchmark. While the company's 10-year median is 8.07 vs. the industry median of 2.09, QinetiQ Group 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 362 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. QinetiQ Group's current Earnings Yield (Joel Greenblatt) % of 6.99% is 234.4% 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 QinetiQ Group 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. QinetiQ Group's current Earnings Yield (Joel Greenblatt) % is 6.99%, which is 13% below median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (CHIX:QQL) is currently considered Fairly Valued. The stock's GF Value™ is £4.66, compared to a current price of £4.89 — trading 5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.99%, which is 13% below median its 10-year median of 8.07 and 234.4% above the Aerospace & Defense industry median of 2.09. QinetiQ Group's overall GF Score™ is 72/100 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 QinetiQ Group (CHIX:QQL), the current Earnings Yield (Joel Greenblatt) % is 6.99% as of Mar. 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 QinetiQ Group (CHIX:QQL) Overvalued in 2026?
Based on GuruFocus' analysis, QinetiQ Group stock appears to be overvalued.
The current stock price of £4.89 is trading 5% above its estimated GF Value™ of £4.66.
GuruFocus considers QinetiQ Group to be Fairly Valued.
Key valuation signals for CHIX:QQL:
Earnings Yield (Joel Greenblatt) %: 6.99% (13% below median its 10-year median of 8.07)
GF Value™: £4.66 vs. price of £4.89 (5% above fair value)
Industry Position: 234.4% above the Aerospace & Defense median (#53 of 362)
No single metric tells the full story. See the CHIX:QQL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
72GF Score
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