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Casey's General StoresFRA:CS2 +2.52%78 Earnings Yield (Joel Greenblatt) % is 3.16% as of Apr. 2026, which is 40% below its 10-year median of 5.23. GuruFocus rates FRA:CS2 with a GF Score™ of 78/100 and a GF Value™ of €404.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Casey's General Stores ranks worse than 63.95% on this metric.
Casey's General Stores's Enterprise Value for the quarter that ended in Apr. 2026 was €27,692 Mil.
Casey's General Stores's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €885 Mil. Casey's General Stores's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 3.16%.
The historical rank and industry rank for Casey's General Stores's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:CS2'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.9 Med: 5.23 Max: 7.49
Current: 3.02
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Casey's General Stores was 7.49%. The lowest was 2.90%. And the median was 5.23%.
FRA:CS2's Earnings Yield (Joel Greenblatt) % is ranked worse than 63.95% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 5.43
vs FRA:CS2: 3.02
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) %. Casey's General Stores's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 16.68%. 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.
Casey's General Stores (FRA:CS2) 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.
Casey's General Stores Earnings Yield (Joel Greenblatt) % Related Terms
Casey's General Stores Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Casey's General Stores'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.
Casey's General Stores Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Retail subindustry, Casey's General Stores'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.
Casey's General Stores Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Casey's General Stores's Earnings Yield (Joel Greenblatt) % falls into.
Casey's General Stores 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.
Casey's General Storess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
Casey's General Stores's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €885 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.16% mean?
Casey's General Stores (FRA:CS2) has a Earnings Yield (Joel Greenblatt) % of 3.16% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Casey's General Stores and its competitors. This is 40% below median its historical median of 5.23. Over the past decade, Casey's General Stores' Earnings Yield (Joel Greenblatt) % has ranged from 2.90 to 7.49. According to the industry distribution chart, Casey's General Stores ranks #722 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 64%.
Is Casey's General Stores' Earnings Yield (Joel Greenblatt) % too high?
Casey's General Stores' current Earnings Yield (Joel Greenblatt) % of 3.16% is 40% below median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 7.49. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.43. Casey's General Stores' value of 3.16% is 41.8% below this industry median. Based on the distribution chart, Casey's General Stores ranks #722 out of 1129 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Casey's General Stores has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Earnings Yield (Joel Greenblatt) % compare to WSM and DKS?
According to the Retail - Cyclical industry distribution chart, Casey's General Stores ranks #722 out of 1129 companies for Earnings Yield (Joel Greenblatt) %. This places Casey's General Stores in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.43. Casey's General Stores' value of 3.16% is 41.8% below this benchmark. Historically, Casey's General Stores' own Earnings Yield (Joel Greenblatt) % has ranged from 2.90 to 7.49 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 5.43, Casey's General Stores has consistently been below 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.43, based on 1,129 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. Casey's General Stores's current Earnings Yield (Joel Greenblatt) % of 3.16% is 41.8% below 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 Casey's General Stores and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Casey's General Stores's current Earnings Yield (Joel Greenblatt) % is 3.16%, which is 40% below median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (FRA:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €404.71, compared to a current price of €716.00 — trading 76.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.16%, which is 40% below median its 10-year median of 5.23 and 41.8% below the Retail - Cyclical industry median of 5.43. Casey's General Stores' overall GF Score™ is 78/100 with 6 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 Casey's General Stores (FRA:CS2), the current Earnings Yield (Joel Greenblatt) % is 3.16% as of Apr. 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 Casey's General Stores (FRA:CS2) Overvalued in 2026?
Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued.
The current stock price of €716.00 is trading 76.9% above its estimated GF Value™ of €404.71.
GuruFocus considers Casey's General Stores to be Significantly Overvalued.
Key valuation signals for FRA:CS2:
Earnings Yield (Joel Greenblatt) %: 3.16% (40% below median its 10-year median of 5.23)
GF Value™: €404.71 vs. price of €716.00 (76.9% above fair value)
Industry Position: 41.8% below the Retail - Cyclical median (#722 of 1129)
No single metric tells the full story. See the FRA:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
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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