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Kokusai ElectricFRA:69B 39 Earnings Yield (Joel Greenblatt) % is 1.92% as of Jun. 2026, which is 57% below its 10-year median of 4.49. GuruFocus rates FRA:69B with a GF Score™ of 39/100 and a GF Value™ of €27.19 (Significantly Overvalued). Among 1,029 Semiconductors companies, Kokusai Electric ranks better than 56.95% on this metric.
Kokusai Electric's Enterprise Value for the quarter that ended in Jun. 2026 was €13,511 Mil.
Kokusai Electric's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €268 Mil. Kokusai Electric's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 1.92%.
The historical rank and industry rank for Kokusai Electric's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:69B'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.73 Med: 4.49 Max: 10.2
Current: 2.52
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Kokusai Electric was 10.20%. The lowest was 1.73%. And the median was 4.49%.
FRA:69B's Earnings Yield (Joel Greenblatt) % is ranked better than 56.95% of 1029
companies
in the Semiconductors industry
Industry Median: 1.82
vs FRA:69B: 2.52
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) %. Kokusai Electric's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Kokusai Electric (FRA:69B) 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.
Kokusai Electric Earnings Yield (Joel Greenblatt) % Related Terms
Kokusai Electric Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Kokusai Electric'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.
Kokusai Electric Earnings Yield (Joel Greenblatt) % Chart
For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.
Kokusai Electric Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Kokusai Electric's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kokusai Electric's Earnings Yield (Joel Greenblatt) % falls into.
Kokusai Electric 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.
Kokusai Electrics Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Kokusai Electric'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 €268 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.92% mean?
Kokusai Electric (FRA:69B) has a Earnings Yield (Joel Greenblatt) % of 1.92% 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 Kokusai Electric and its competitors. This is 57% below median its historical median of 4.49. Over the past decade, Kokusai Electric's Earnings Yield (Joel Greenblatt) % has ranged from 1.73 to 10.20. According to the industry distribution chart, Kokusai Electric ranks #443 out of 1029 companies in the Semiconductors industry, placing it in the top 43.1%.
Is Kokusai Electric's Earnings Yield (Joel Greenblatt) % too high?
Kokusai Electric's current Earnings Yield (Joel Greenblatt) % of 1.92% is 57% below median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 10.20. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.82. Kokusai Electric's value of 1.92% is 5.5% above this industry median. Based on the distribution chart, Kokusai Electric ranks #443 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Kokusai Electric has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kokusai Electric's Earnings Yield (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Kokusai Electric ranks #443 out of 1029 companies for Earnings Yield (Joel Greenblatt) %. This puts Kokusai Electric in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.82. Kokusai Electric's value of 1.92% is 5.5% above this benchmark. Historically, Kokusai Electric's own Earnings Yield (Joel Greenblatt) % has ranged from 1.73 to 10.20 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 1.82, Kokusai Electric 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.82, based on 1,029 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. Kokusai Electric's current Earnings Yield (Joel Greenblatt) % of 1.92% is 5.5% 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 Kokusai Electric and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kokusai Electric's current Earnings Yield (Joel Greenblatt) % is 1.92%, which is 57% below median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kokusai Electric stock overvalued right now?
Based on GuruFocus' analysis, Kokusai Electric (FRA:69B) is currently considered Significantly Overvalued. The stock's GF Value™ is €27.19, compared to a current price of €44.00 — trading 61.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.92%, which is 57% below median its 10-year median of 4.49 and 5.5% above the Semiconductors industry median of 1.82. Kokusai Electric's overall GF Score™ is 39/100. 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 Kokusai Electric (FRA:69B), the current Earnings Yield (Joel Greenblatt) % is 1.92% 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 Kokusai Electric (FRA:69B) Overvalued in 2026?
Based on GuruFocus' analysis, Kokusai Electric stock appears to be overvalued.
The current stock price of €44.00 is trading 61.8% above its estimated GF Value™ of €27.19.
GuruFocus considers Kokusai Electric to be Significantly Overvalued.
Key valuation signals for FRA:69B:
Earnings Yield (Joel Greenblatt) %: 1.92% (57% below median its 10-year median of 4.49)
GF Value™: €27.19 vs. price of €44.00 (61.8% above fair value)
Industry Position: 5.5% above the Semiconductors median (#443 of 1029)
No single metric tells the full story. See the FRA:69B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kokusai Electric Corp is engaged in the semiconductor manufacturing equipment business. The company operates as a single business segment focused on the development, manufacture, and supply of semiconductor production equipment used in the fabrication of electronic components. The main products include batch film deposition equipment, treatment equipment for film quality improvement, units for measuring instruments and cleaning equipment, and others.
39GF 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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