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Empire CoEMLAF 79 Earnings Yield (Joel Greenblatt) % is 3.44% as of Apr. 2026, which is 52% below its 10-year median of 7.12. GuruFocus rates EMLAF with a GF Score™ of 79/100 and a GF Value™ of $34.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 315 Retail - Defensive companies, Empire Co ranks worse than 68.57% on this metric.
Empire Co's Enterprise Value for the quarter that ended in Apr. 2026 was $13,330 Mil.
Empire Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $452 Mil. Empire Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 3.44%.
The historical rank and industry rank for Empire Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
EMLAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.35 Med: 7.12 Max: 9.09
Current: 3.29
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Empire Co was 9.09%. The lowest was -43.35%. And the median was 7.12%.
EMLAF's Earnings Yield (Joel Greenblatt) % is ranked worse than 68.57% of 315
companies
in the Retail - Defensive industry
Industry Median: 6.33
vs EMLAF: 3.29
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) %. Empire Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 12.63%. 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.
Empire Co (OTCPK:EMLAF) 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.
Empire Co Earnings Yield (Joel Greenblatt) % Related Terms
Empire Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Empire 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.
Empire Co Earnings Yield (Joel Greenblatt) % Chart
For the Grocery Stores subindustry, Empire 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.
Empire Co Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Empire Co's Earnings Yield (Joel Greenblatt) % falls into.
Empire 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.
Empire Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
Empire Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $452 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.44% mean?
Empire Co (EMLAF) has a Earnings Yield (Joel Greenblatt) % of 3.44% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Empire Co and its competitors. This is 52% below median its historical median of 7.12. According to the industry distribution chart, Empire Co ranks #216 out of 315 companies in the Retail - Defensive industry, placing it in the top 68.6%.
Is Empire Co's Earnings Yield (Joel Greenblatt) % too high?
Empire Co's current Earnings Yield (Joel Greenblatt) % of 3.44% is 52% below median its 10-year median of 7.12. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.33. Empire Co's value of 3.44% is 45.7% below this industry median. Based on the distribution chart, Empire Co ranks #216 out of 315 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Empire Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's Earnings Yield (Joel Greenblatt) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Empire Co ranks #216 out of 315 companies for Earnings Yield (Joel Greenblatt) %. This places Empire Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.33. Empire Co's value of 3.44% is 45.7% below this benchmark. While the company's 10-year median is 7.12 vs. the industry median of 6.33, Empire Co has consistently been below 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 Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.33, based on 315 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. Empire Co's current Earnings Yield (Joel Greenblatt) % of 3.44% is 45.7% below 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 Empire Co and its competitors. For the Retail - Defensive industry, the median Earnings Yield (Joel Greenblatt) % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Co's current Earnings Yield (Joel Greenblatt) % is 3.44%, which is 52% below median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (EMLAF) is currently considered Fairly Valued. The stock's GF Value™ is $34.50, compared to a current price of $35.11 — trading 1.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.44%, which is 52% below median its 10-year median of 7.12 and 45.7% below the Retail - Defensive industry median of 6.33. Empire Co's overall GF Score™ is 79/100 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 Empire Co (EMLAF), the current Earnings Yield (Joel Greenblatt) % is 3.44% as of Apr. 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 Empire Co (EMLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Empire Co stock appears to be overvalued.
The current stock price of $35.11 is trading 1.8% above its estimated GF Value™ of $34.50.
GuruFocus considers Empire Co to be Fairly Valued.
Key valuation signals for EMLAF:
Earnings Yield (Joel Greenblatt) %: 3.44% (52% below median its 10-year median of 7.12)
GF Value™: $34.50 vs. price of $35.11 (1.8% above fair value)
Industry Position: 45.7% below the Retail - Defensive median (#216 of 315)
No single metric tells the full story. See the EMLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
79GF Score
Get the complete analysis for EMLAF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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