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NOVONIXFRA:GC3 -16.15%42 Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates FRA:GC3 with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 3,088 Industrial Products companies, NOVONIX ranks worse than 98.32% on this metric.
NOVONIX's Enterprise Value for the quarter that ended in Mar. 2026 was €126.10 Mil.
NOVONIX's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €0.00 Mil. NOVONIX's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for NOVONIX's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:GC3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -69.93 Med: 0 Max: 0
Current: -69.93
FRA:GC3's Earnings Yield (Joel Greenblatt) % is ranked worse than 98.32% of 3088
companies
in the Industrial Products industry
Industry Median: 3.5
vs FRA:GC3: -69.93
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) %. NOVONIX'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.
NOVONIX Earnings Yield (Joel Greenblatt) % Related Terms
NOVONIX Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NOVONIX'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.
FRA:GC3 vs VRT, BE: Earnings Yield (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, NOVONIX'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.
NOVONIX Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NOVONIX'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.
NOVONIXs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
NOVONIX'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 €0.00 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
NOVONIX (FRA:GC3) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 NOVONIX and its competitors. According to the industry distribution chart, NOVONIX ranks #3036 out of 3088 companies in the Industrial Products industry, placing it in the top 98.3%.
Is NOVONIX's Earnings Yield (Joel Greenblatt) % too high?
NOVONIX's current Earnings Yield (Joel Greenblatt) % is 0.00%. Based on the distribution chart, NOVONIX ranks #3036 out of 3088 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOVONIX has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Earnings Yield (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #3036 out of 3088 companies for Earnings Yield (Joel Greenblatt) %. This places NOVONIX in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.50. 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.50, based on 3,088 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 NOVONIX and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVONIX's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (FRA:GC3) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. NOVONIX's overall GF Score™ is 42/100 with 4 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 NOVONIX (FRA:GC3), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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.
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
42GF Score
Get the complete analysis for FRA:GC3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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