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.
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.
Daido Steel CoDAIDF +26.83%68 Earnings Yield (Joel Greenblatt) % is 8.80% as of Mar. 2026, which is 8% below its 10-year median of 9.52. GuruFocus rates DAIDF with a GF Score™ of 68/100 and a GF Value™ of $6.63. The stock has 3 warning signs investors should review. Among 629 Steel companies, Daido Steel Co ranks better than 58.82% on this metric.
Daido Steel Co's Enterprise Value for the quarter that ended in Mar. 2026 was $2,841 Mil.
Daido Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $301 Mil. Daido Steel Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.80%.
The historical rank and industry rank for Daido Steel Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DAIDF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.21 Med: 9.52 Max: 12.37
Current: 7.17
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Daido Steel Co was 12.37%. The lowest was 0.21%. And the median was 9.52%.
DAIDF's Earnings Yield (Joel Greenblatt) % is ranked better than 58.82% of 629
companies
in the Steel industry
Industry Median: 5.06
vs DAIDF: 7.17
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) %. Daido Steel Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.54%. 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.
Daido Steel Co (OTCPK:DAIDF) 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.
Daido Steel Co Earnings Yield (Joel Greenblatt) % Related Terms
Daido Steel Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Daido Steel 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.
Daido Steel Co Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, Daido Steel 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.
Daido Steel Co Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Daido Steel Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Daido Steel Co's Earnings Yield (Joel Greenblatt) % falls into.
Daido Steel 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.
Daido Steel Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Daido Steel Co'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 $301 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.80% mean?
Daido Steel Co (DAIDF) has a Earnings Yield (Joel Greenblatt) % of 8.80% 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 Daido Steel Co and its competitors. This is near median its historical median of 9.52. Over the past decade, Daido Steel Co's Earnings Yield (Joel Greenblatt) % has ranged from 0.21 to 12.37. According to the industry distribution chart, Daido Steel Co ranks #259 out of 629 companies in the Steel industry, placing it in the top 41.2%.
Is Daido Steel Co's Earnings Yield (Joel Greenblatt) % too high?
Daido Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.80% is near median its 10-year median of 9.52. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 12.37. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.06. Daido Steel Co's value of 8.80% is 73.9% above this industry median. Based on the distribution chart, Daido Steel Co ranks #259 out of 629 companies in the Steel industry, which is above the industry midpoint. Overall, Daido Steel Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Daido Steel Co's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Daido Steel Co ranks #259 out of 629 companies for Earnings Yield (Joel Greenblatt) %. This puts Daido Steel Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.06. Daido Steel Co's value of 8.80% is 73.9% above this benchmark. Historically, Daido Steel Co's own Earnings Yield (Joel Greenblatt) % has ranged from 0.21 to 12.37 over the past decade. While the company's 10-year median is 9.52 vs. the industry median of 5.06, Daido Steel 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 a Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.06, based on 629 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. Daido Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.80% is 73.9% 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 Daido Steel Co and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daido Steel Co's current Earnings Yield (Joel Greenblatt) % is 8.80%, which is near median its own 10-year median of 9.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daido Steel Co stock overvalued right now?
Daido Steel Co (DAIDF) has a current Earnings Yield (Joel Greenblatt) % of 8.80%. The stock's GF Value™ is $6.63, compared to a current price of $11.70 — trading 76.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.80%, which is near median its 10-year median of 9.52 and 73.9% above the Steel industry median of 5.06. Daido Steel Co's overall GF Score™ is 68/100 with 3 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 Daido Steel Co (DAIDF), the current Earnings Yield (Joel Greenblatt) % is 8.80% 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 Daido Steel Co (DAIDF) Overvalued in 2026?
Based on GuruFocus' analysis, Daido Steel Co stock appears to be overvalued.
The current stock price of $11.70 is trading 76.5% above its estimated GF Value™ of $6.63.
Key valuation signals for DAIDF:
Earnings Yield (Joel Greenblatt) %: 8.80% (near median its 10-year median of 9.52)
GF Value™: $6.63 vs. price of $11.70 (76.5% above fair value)
Industry Position: 73.9% above the Steel median (#259 of 629)
No single metric tells the full story. See the DAIDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.
68GF Score
Get the complete analysis for DAIDF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DAIDF has been successfully added to your 
