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AvexFRA:AX8 +1.48%75 Earnings Yield (Joel Greenblatt) % is 27.86% as of Mar. 2026, which is 136% above its 10-year median of 11.83. GuruFocus rates FRA:AX8 with a GF Score™ of 75/100 and a GF Value™ of €8.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,008 Media - Diversified companies, Avex ranks better than 88.99% on this metric.
Avex's Enterprise Value for the quarter that ended in Mar. 2026 was €90.1 Mil.
Avex's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €27.7 Mil. Avex's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 27.86%.
The historical rank and industry rank for Avex's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:AX8'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.85 Med: 11.83 Max: 263.37
Current: 21.14
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Avex was 263.37%. The lowest was -8.85%. And the median was 11.83%.
FRA:AX8's Earnings Yield (Joel Greenblatt) % is ranked better than 88.99% of 1008
companies
in the Media - Diversified industry
Industry Median: 2.68
vs FRA:AX8: 21.14
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) %. Avex's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -23.08%. 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.
Avex Earnings Yield (Joel Greenblatt) % Related Terms
Avex Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Avex'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 Entertainment subindustry, Avex'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.
Avex Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Avex's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Avex'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.
Avexs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Avex'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 €27.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 27.86% mean?
Avex (FRA:AX8) has a Earnings Yield (Joel Greenblatt) % of 27.86% 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 Avex and its competitors. This is 136% above median its historical median of 11.83. According to the industry distribution chart, Avex ranks #111 out of 1008 companies in the Media - Diversified industry, placing it in the top 11%.
Is Avex's Earnings Yield (Joel Greenblatt) % too high?
Avex's current Earnings Yield (Joel Greenblatt) % of 27.86% is 136% above median its 10-year median of 11.83. The Media - Diversified industry median Earnings Yield (Joel Greenblatt) % is 2.68. Avex's value of 27.86% is 939.6% above this industry median. Based on the distribution chart, Avex ranks #111 out of 1008 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Avex has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avex's Earnings Yield (Joel Greenblatt) % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Avex ranks #111 out of 1008 companies for Earnings Yield (Joel Greenblatt) %. This places Avex in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.68. Avex's value of 27.86% is 939.6% above this benchmark. While the company's 10-year median is 11.83 vs. the industry median of 2.68, Avex 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 Media - Diversified company?
The median Earnings Yield (Joel Greenblatt) % among Media - Diversified companies is 2.68, based on 1,008 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. Avex's current Earnings Yield (Joel Greenblatt) % of 27.86% is 939.6% 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 Avex and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avex's current Earnings Yield (Joel Greenblatt) % is 27.86%, which is 136% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avex stock overvalued right now?
Based on GuruFocus' analysis, Avex (FRA:AX8) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.22, compared to a current price of €6.85 — trading 16.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 27.86%, which is 136% above median its 10-year median of 11.83 and 939.6% above the Media - Diversified industry median of 2.68. Avex's overall GF Score™ is 75/100 with 2 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 Avex (FRA:AX8), the current Earnings Yield (Joel Greenblatt) % is 27.86% 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.
Is Avex (FRA:AX8) Overvalued in 2026?
Based on GuruFocus' analysis, Avex stock appears to be undervalued.
The current stock price of €6.85 is trading 16.7% below its estimated GF Value™ of €8.22.
GuruFocus considers Avex to be Modestly Undervalued.
Key valuation signals for FRA:AX8:
Earnings Yield (Joel Greenblatt) %: 27.86% (136% above median its 10-year median of 11.83)
GF Value™: €8.22 vs. price of €6.85 (16.7% below fair value)
Industry Position: 939.6% above the Media - Diversified median (#111 of 1008)
No single metric tells the full story. See the FRA:AX8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avex Inc is a diversified media company, which holds a number of entertainment subsidiaries. The company has four primary business segments: music, video, management and live content, and other. The music segment designs, produces, and sells music and music-related content. The video segment plans, produces, sells, and distributes video content and feature films. The management and live business segment manages artists, sells merchandise, operates fan clubs, and is involved in the production of concerts and live events. The other business segment operates schools, restaurants, and real estate. The company generates the vast majority of its revenue in Japan.
75GF 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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