Art's-Way Manufacturing Co (FRA:ID2) Earnings Yield (Joel Greenblatt) %: 2.66% (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ID2 Art's-Way Manufacturing Co Inc FRA:ID2
55 GF Score
Price €2.56
GF Value €1.57
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Art's-Way Manufacturing Co Earnings Yield (Joel Greenblatt) %?

Art's-Way Manufacturing Co FRA:ID2 -2.29% 55 Earnings Yield (Joel Greenblatt) % is 2.66% as of May. 2026. GuruFocus rates FRA:ID2 with a GF Score™ of 55/100 and a GF Value™ of €1.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 213 Farm & Heavy Construction Machinery companies, Art's-Way Manufacturing Co ranks worse than 70.89% on this metric.

Art's-Way Manufacturing Co's Enterprise Value for the quarter that ended in May. 2026 was €16.53 Mil. Art's-Way Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €0.45 Mil. Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was 2.66%.

The historical rank and industry rank for Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FRA:ID2' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.45   Med: -1.29   Max: 20.9
Current: 2.37

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Art's-Way Manufacturing Co was 20.90%. The lowest was -27.45%. And the median was -1.29%.

FRA:ID2's Earnings Yield (Joel Greenblatt) % is ranked worse than
70.89% of 213 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 6.17 vs FRA:ID2: 2.37

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) %. Art's-Way Manufacturing Co's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.


Art's-Way Manufacturing Co  (FRA:ID2) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Art's-Way Manufacturing Co Earnings Yield (Joel Greenblatt) % Related Terms


Art's-Way Manufacturing Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Art's-Way Manufacturing 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.

Art's-Way Manufacturing Co Earnings Yield (Joel Greenblatt) % Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 4.97 9.09 3.48 9.77

Art's-Way Manufacturing Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.53 13.62 9.77 11.57 2.66

FRA:ID2 vs GP, CLEV, HCAI: Earnings Yield (Joel Greenblatt) % Comparison

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing 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.


Art's-Way Manufacturing Co Earnings Yield (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) % falls into.


FRA:ID2
55GF Score
Art's-Way Manufacturing Co Inc FRA:ID2
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Art's-Way Manufacturing 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.

Art's-Way Manufacturing Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1.56/14.94408
=10.44 %

Art's-Way Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.45 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.66% mean?
Art's-Way Manufacturing Co (FRA:ID2) has a Earnings Yield (Joel Greenblatt) % of 2.66% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Art's-Way Manufacturing Co and its competitors. According to the industry distribution chart, Art's-Way Manufacturing Co ranks #151 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 70.9%.
Is Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) % too high?
Art's-Way Manufacturing Co's current Earnings Yield (Joel Greenblatt) % is 2.66%. The Farm & Heavy Construction Machinery industry median Earnings Yield (Joel Greenblatt) % is 6.17. Art's-Way Manufacturing Co's value of 2.66% is 56.9% below this industry median. Based on the distribution chart, Art's-Way Manufacturing Co ranks #151 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Art's-Way Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art's-Way Manufacturing Co's Earnings Yield (Joel Greenblatt) % compare to GP and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, Art's-Way Manufacturing Co ranks #151 out of 213 companies for Earnings Yield (Joel Greenblatt) %. This places Art's-Way Manufacturing Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.17. Art's-Way Manufacturing Co's value of 2.66% is 56.9% below this benchmark. 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 Farm & Heavy Construction Machinery company?
The median Earnings Yield (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 6.17, based on 213 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. Art's-Way Manufacturing Co's current Earnings Yield (Joel Greenblatt) % of 2.66% is 56.9% 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 Art's-Way Manufacturing Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Earnings Yield (Joel Greenblatt) % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art's-Way Manufacturing Co's current Earnings Yield (Joel Greenblatt) % is 2.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art's-Way Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co (FRA:ID2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €2.56 — trading 63.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.66% and 56.9% below the Farm & Heavy Construction Machinery industry median of 6.17. Art's-Way Manufacturing Co's overall GF Score™ is 55/100 with 5 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 Art's-Way Manufacturing Co (FRA:ID2), the current Earnings Yield (Joel Greenblatt) % is 2.66% as of May. 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 Art's-Way Manufacturing Co (FRA:ID2) Overvalued in 2026?

Based on GuruFocus' analysis, Art's-Way Manufacturing Co stock appears to be overvalued. The current stock price of €2.56 is trading 63.1% above its estimated GF Value™ of €1.57. GuruFocus considers Art's-Way Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:ID2:

  • Earnings Yield (Joel Greenblatt) %: 2.66%
  • GF Value™: €1.57 vs. price of €2.56 (63.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 56.9% below the Farm & Heavy Construction Machinery median (#151 of 213)

No single metric tells the full story. See the FRA:ID2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art's-Way Manufacturing Co Business Description

Other Exchanges ARTW:USA
Address 5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.
55GF Score

Get the complete analysis for FRA:ID2

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.56
Price
€1.57
GF Value