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Scandinavian Tobacco Group ASCHIX:STGC 69 Earnings Yield (Joel Greenblatt) % is 10.48% as of Mar. 2026, which is 6% above its 10-year median of 9.86. GuruFocus rates CHIX:STGC with a GF Score™ of 69/100 and a GF Value™ of kr104.60. The stock has 8 warning signs investors should review. Among 48 Tobacco Products companies, Scandinavian Tobacco Group AS ranks better than 66.67% on this metric.
Scandinavian Tobacco Group AS's Enterprise Value for the quarter that ended in Mar. 2026 was kr10,541 Mil.
Scandinavian Tobacco Group AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,105 Mil. Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.48%.
The historical rank and industry rank for Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:STGc'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.86 Med: 9.86 Max: 16.4
Current: 10.09
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Scandinavian Tobacco Group AS was 16.40%. The lowest was 5.86%. And the median was 9.86%.
CHIX:STGc's Earnings Yield (Joel Greenblatt) % is ranked better than 66.67% of 48
companies
in the Tobacco Products industry
Industry Median: 7.91
vs CHIX:STGc: 10.09
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) %. Scandinavian Tobacco Group AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 15.62%. 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.
Scandinavian Tobacco Group AS (CHIX:STGc) 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.
* 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.
Scandinavian Tobacco Group AS Earnings Yield (Joel Greenblatt) % Chart
For the Tobacco subindustry, Scandinavian Tobacco Group AS'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.
Scandinavian Tobacco Group AS Earnings Yield (Joel Greenblatt) % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % falls into.
Scandinavian Tobacco Group AS 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.
Scandinavian Tobacco Group ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Scandinavian Tobacco Group AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,105 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.48% mean?
Scandinavian Tobacco Group AS (CHIX:STGC) has a Earnings Yield (Joel Greenblatt) % of 10.48% 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 Scandinavian Tobacco Group AS and its competitors. This is near median its historical median of 9.86. Over the past decade, Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % has ranged from 5.86 to 16.40. According to the industry distribution chart, Scandinavian Tobacco Group AS ranks #16 out of 48 companies in the Tobacco Products industry, placing it in the top 33.3%.
Is Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % too high?
Scandinavian Tobacco Group AS's current Earnings Yield (Joel Greenblatt) % of 10.48% is near median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 5.86 to a high of 16.40. The Tobacco Products industry median Earnings Yield (Joel Greenblatt) % is 7.91. Scandinavian Tobacco Group AS's value of 10.48% is 32.5% above this industry median. Based on the distribution chart, Scandinavian Tobacco Group AS ranks #16 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Scandinavian Tobacco Group AS has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Tobacco Group AS's Earnings Yield (Joel Greenblatt) % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Scandinavian Tobacco Group AS ranks #16 out of 48 companies for Earnings Yield (Joel Greenblatt) %. This puts Scandinavian Tobacco Group AS in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 7.91. Scandinavian Tobacco Group AS's value of 10.48% is 32.5% above this benchmark. Historically, Scandinavian Tobacco Group AS's own Earnings Yield (Joel Greenblatt) % has ranged from 5.86 to 16.40 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 7.91, Scandinavian Tobacco Group AS 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 Tobacco Products company?
The median Earnings Yield (Joel Greenblatt) % among Tobacco Products companies is 7.91, based on 48 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. Scandinavian Tobacco Group AS's current Earnings Yield (Joel Greenblatt) % of 10.48% is 32.5% 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 Scandinavian Tobacco Group AS and its competitors. For the Tobacco Products industry, the median Earnings Yield (Joel Greenblatt) % is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Tobacco Group AS's current Earnings Yield (Joel Greenblatt) % is 10.48%, which is near median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Tobacco Group AS stock overvalued right now?
Scandinavian Tobacco Group AS (CHIX:STGC) has a current Earnings Yield (Joel Greenblatt) % of 10.48%. The stock's GF Value™ is kr104.60, compared to a current price of kr66.80 — trading 36.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.48%, which is near median its 10-year median of 9.86 and 32.5% above the Tobacco Products industry median of 7.91. Scandinavian Tobacco Group AS's overall GF Score™ is 69/100 with 8 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 Scandinavian Tobacco Group AS (CHIX:STGC), the current Earnings Yield (Joel Greenblatt) % is 10.48% 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 Scandinavian Tobacco Group AS (CHIX:STGC) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Tobacco Group AS stock appears to be undervalued.
The current stock price of kr66.80 is trading 36.1% below its estimated GF Value™ of kr104.60.
Key valuation signals for CHIX:STGC:
Earnings Yield (Joel Greenblatt) %: 10.48% (near median its 10-year median of 9.86)
GF Value™: kr104.60 vs. price of kr66.80 (36.1% below fair value)
Industry Position: 32.5% above the Tobacco Products median (#16 of 48)
No single metric tells the full story. See the CHIX:STGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Tobacco Group AS Business Description
Scandinavian Tobacco Group AS offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which includes direct to consumer sales of all product categories sold via the online, catalogue and retail channel in North America. North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland.
69GF 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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