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Sixth Street Specialty Lending's Enterprise Value for the quarter that ended in Jun. 2026 was €2,941.4 Mil.
Sixth Street Specialty Lending's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €175.5 Mil. Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.97%.
The historical rank and industry rank for Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:1T6's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 0.76 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Sixth Street Specialty Lending's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 9.92%. 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.
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.
Sixth Street Specialty Lending Earnings Yield (Joel Greenblatt) % Chart
For the Asset Management subindustry, Sixth Street Specialty Lending'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.
Sixth Street Specialty Lending Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) % falls into.
Sixth Street Specialty Lending 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.
Sixth Street Specialty Lendings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Sixth Street Specialty Lending's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €175.5 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.97% mean?
Sixth Street Specialty Lending (FRA:1T6) has a Earnings Yield (Joel Greenblatt) % of 5.97% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Sixth Street Specialty Lending and its competitors. According to the industry distribution chart, Sixth Street Specialty Lending ranks #612 out of 1623 companies in the Asset Management industry, placing it in the top 37.7%.
Is Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) % too high?
Sixth Street Specialty Lending's current Earnings Yield (Joel Greenblatt) % is 5.97%. The Asset Management industry median Earnings Yield (Joel Greenblatt) % is 0.76. Sixth Street Specialty Lending's value of 5.97% is 685.5% above this industry median. Based on the distribution chart, Sixth Street Specialty Lending ranks #612 out of 1623 companies in the Asset Management industry, which is above the industry midpoint. Overall, Sixth Street Specialty Lending has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sixth Street Specialty Lending's Earnings Yield (Joel Greenblatt) % compare to PDO and STEW?
According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #612 out of 1623 companies for Earnings Yield (Joel Greenblatt) %. This puts Sixth Street Specialty Lending in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.76. Sixth Street Specialty Lending's value of 5.97% is 685.5% above this benchmark. 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 Asset Management company?
The median Earnings Yield (Joel Greenblatt) % among Asset Management companies is 0.76, based on 1,623 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. Sixth Street Specialty Lending's current Earnings Yield (Joel Greenblatt) % of 5.97% is 685.5% 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 Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median Earnings Yield (Joel Greenblatt) % is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current Earnings Yield (Joel Greenblatt) % is 5.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sixth Street Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Sixth Street Specialty Lending (FRA:1T6) is currently considered Fairly Valued. The stock's GF Value™ is €15.73, compared to a current price of €15.28 — trading 2.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.97% and 685.5% above the Asset Management industry median of 0.76. Sixth Street Specialty Lending's overall GF Score™ is 56/100 with 10 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 Sixth Street Specialty Lending (FRA:1T6), the current Earnings Yield (Joel Greenblatt) % is 5.97% as of Jun. 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 Sixth Street Specialty Lending (FRA:1T6) Overvalued in 2026?
Based on GuruFocus' analysis, Sixth Street Specialty Lending stock appears to be undervalued.
The current stock price of €15.28 is trading 2.9% below its estimated GF Value™ of €15.73.
GuruFocus considers Sixth Street Specialty Lending to be Fairly Valued.
Key valuation signals for FRA:1T6:
Earnings Yield (Joel Greenblatt) %: 5.97%
GF Value™: €15.73 vs. price of €15.28 (2.9% below fair value)
Industry Position: 685.5% above the Asset Management median (#612 of 1623)
No single metric tells the full story. See the FRA:1T6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sixth Street Specialty Lending Inc is a specialty finance company that operates as a business development company, providing flexible, fully committed financing solutions primarily to U.S. middle-market companies. It focuses on direct originations of senior secured loans, with smaller allocations to mezzanine and unsecured loans, corporate bonds, and equity securities. The company targets companies across a variety of industries, including those with complex business models or limited access to capital, and often partners with other lenders and sponsors. Its investment objective is to generate current income and, to a lesser extent, capital appreciation. The company is externally managed by Sixth Street Specialty Lending Advisers and has elected to be regulated as a business development company under the Investment Company Act of 1940.
56GF Score
Get the complete analysis for FRA:1T6
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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