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Kowa CoFRA:49N +0.90%78 Earnings Yield (Joel Greenblatt) % is 35.46% as of Feb. 2026, which is 157% above its 10-year median of 13.82. GuruFocus rates FRA:49N with a GF Score™ of 78/100 and a GF Value™ of €5.79. The stock has 1 warning sign investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Kowa Co ranks better than 97.25% on this metric.
Kowa Co's Enterprise Value for the quarter that ended in Feb. 2026 was €8.69 Mil.
Kowa Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was €4.22 Mil. Kowa Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 35.46%.
The historical rank and industry rank for Kowa Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:49N'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.94 Med: 13.82 Max: 50.12
Current: 49.08
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Kowa Co was 50.12%. The lowest was -8.94%. And the median was 13.82%.
FRA:49N's Earnings Yield (Joel Greenblatt) % is ranked better than 97.25% of 437
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.43
vs FRA:49N: 49.08
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) %. Kowa Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 23.86%. 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.
Kowa Co (FRA:49N) 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.
Kowa Co Earnings Yield (Joel Greenblatt) % Related Terms
Kowa Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kowa 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.
For the Furnishings, Fixtures & Appliances subindustry, Kowa 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.
Kowa Co Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kowa Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kowa Co's Earnings Yield (Joel Greenblatt) % falls into.
Kowa 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.
Kowa Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as
Kowa Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.22 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 35.46% mean?
Kowa Co (FRA:49N) has a Earnings Yield (Joel Greenblatt) % of 35.46% as of Feb. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kowa Co and its competitors. This is 157% above median its historical median of 13.82. According to the industry distribution chart, Kowa Co ranks #12 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 2.7%.
Is Kowa Co's Earnings Yield (Joel Greenblatt) % too high?
Kowa Co's current Earnings Yield (Joel Greenblatt) % of 35.46% is 157% above median its 10-year median of 13.82. The Furnishings, Fixtures & Appliances industry median Earnings Yield (Joel Greenblatt) % is 4.43. Kowa Co's value of 35.46% is 700.5% above this industry median. Based on the distribution chart, Kowa Co ranks #12 out of 437 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Kowa Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Kowa Co's Earnings Yield (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Kowa Co ranks #12 out of 437 companies for Earnings Yield (Joel Greenblatt) %. This places Kowa Co in the top 3% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.43. Kowa Co's value of 35.46% is 700.5% above this benchmark. While the company's 10-year median is 13.82 vs. the industry median of 4.43, Kowa 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 Furnishings, Fixtures & Appliances company?
The median Earnings Yield (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 4.43, based on 437 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. Kowa Co's current Earnings Yield (Joel Greenblatt) % of 35.46% is 700.5% 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 Kowa Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Earnings Yield (Joel Greenblatt) % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kowa Co's current Earnings Yield (Joel Greenblatt) % is 35.46%, which is 157% above median its own 10-year median of 13.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kowa Co stock overvalued right now?
Kowa Co (FRA:49N) has a current Earnings Yield (Joel Greenblatt) % of 35.46%. The stock's GF Value™ is €5.79, compared to a current price of €4.46 — trading 23% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 35.46%, which is 157% above median its 10-year median of 13.82 and 700.5% above the Furnishings, Fixtures & Appliances industry median of 4.43. Kowa Co's overall GF Score™ is 78/100 with 1 warning sign 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 Kowa Co (FRA:49N), the current Earnings Yield (Joel Greenblatt) % is 35.46% as of Feb. 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 Kowa Co (FRA:49N) Overvalued in 2026?
Based on GuruFocus' analysis, Kowa Co stock appears to be undervalued.
The current stock price of €4.46 is trading 23% below its estimated GF Value™ of €5.79.
Key valuation signals for FRA:49N:
Earnings Yield (Joel Greenblatt) %: 35.46% (157% above median its 10-year median of 13.82)
GF Value™: €5.79 vs. price of €4.46 (23% below fair value)
Industry Position: 700.5% above the Furnishings, Fixtures & Appliances median (#12 of 437)
No single metric tells the full story. See the FRA:49N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kowa Co Ltd is a Japan-based company engaged in manufacture and sale of welfare equipment. The company is involved in the production and sales of welfare nursing care products including walking cars and walking aids or walk assistance carts, silver cars, handrails, walking canes, bath related products, toilet-related products and life-support products. It supplies its products mainly to chain stores, wholesale trading companies for welfare equipment, national welfare equipment lease companies, department stores, mail-order companies and others.
78GF 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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