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Pioneering TechnologyFRA:2PX Earnings Yield (Joel Greenblatt) % is -37.17% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,105 Business Services companies, Pioneering Technology ranks worse than 96.2% on this metric.
Pioneering Technology's Enterprise Value for the quarter that ended in Mar. 2026 was €0.69 Mil.
Pioneering Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.34 Mil. Pioneering Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -37.17%.
The historical rank and industry rank for Pioneering Technology's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:2PX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8736.46 Med: -37.16 Max: 17448.92
Current: -37.17
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pioneering Technology was 17448.92%. The lowest was -8736.46%. And the median was -37.16%.
FRA:2PX's Earnings Yield (Joel Greenblatt) % is ranked worse than 96.2% of 1105
companies
in the Business Services industry
Industry Median: 6.43
vs FRA:2PX: -37.17
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) %. Pioneering Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. 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.
Pioneering Technology Earnings Yield (Joel Greenblatt) % Related Terms
Pioneering Technology Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Pioneering Technology'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.
For the Security & Protection Services subindustry, Pioneering Technology'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.
Pioneering Technology Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Pioneering Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pioneering Technology's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Pioneering Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Pioneering Technology'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 €-0.34 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -37.17% mean?
Pioneering Technology (FRA:2PX) has a Earnings Yield (Joel Greenblatt) % of -37.17% 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 Pioneering Technology and its competitors. According to the industry distribution chart, Pioneering Technology ranks #1063 out of 1105 companies in the Business Services industry, placing it in the top 96.2%.
Is Pioneering Technology's Earnings Yield (Joel Greenblatt) % too high?
Pioneering Technology's current Earnings Yield (Joel Greenblatt) % is -37.17%. Based on the distribution chart, Pioneering Technology ranks #1063 out of 1105 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Pioneering Technology's Earnings Yield (Joel Greenblatt) % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Pioneering Technology ranks #1063 out of 1105 companies for Earnings Yield (Joel Greenblatt) %. This places Pioneering Technology in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.43. 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 Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.43, based on 1,105 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. 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 Pioneering Technology and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneering Technology's current Earnings Yield (Joel Greenblatt) % is -37.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneering Technology stock overvalued right now?
Pioneering Technology (FRA:2PX) has a current Earnings Yield (Joel Greenblatt) % of -37.17%. The current Earnings Yield (Joel Greenblatt) % is -37.17%. 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 Pioneering Technology (FRA:2PX), the current Earnings Yield (Joel Greenblatt) % is -37.17% 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.
Pioneering Technology Corp is a Canadian energy smart technology and consumer products company focused on developing thermo-based technology solutions for opportunities that exist to improve the safety and/or energy efficiency of some of the common household products and appliances. It offers products that provide effective cooking fire prevention solutions for both the residential and commercial markets. Its product portfolio includes Smart Burner, Smart Range, Smart Micro, SmartBurner Polish, Standard Ring Replacement Set, and Low Profile Ring Replacement Set. Geographically, the company operates in the United States and Canada, of which the maximum revenue is generated from the United States.
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