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Teqnion ABFRA:M45 +2.23%66 Earnings Yield (Joel Greenblatt) % is 6.46% as of Jun. 2026, which is 27% above its 10-year median of 5.10. GuruFocus rates FRA:M45 with a GF Score™ of 66/100 and a GF Value™ of €18.63 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 566 Conglomerates companies, Teqnion AB ranks worse than 57.24% on this metric.
Teqnion AB's Enterprise Value for the quarter that ended in Jun. 2026 was €287.0 Mil.
Teqnion AB's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €19.0 Mil. Teqnion AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.46%.
The historical rank and industry rank for Teqnion AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:M45'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.1 Med: 5.1 Max: 14.43
Current: 5.68
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Teqnion AB was 14.43%. The lowest was 2.10%. And the median was 5.10%.
FRA:M45's Earnings Yield (Joel Greenblatt) % is ranked worse than 57.24% of 566
companies
in the Conglomerates industry
Industry Median: 6.76
vs FRA:M45: 5.68
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) %. Teqnion AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 23.62%. 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.
Teqnion AB (FRA:M45) 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.
Teqnion AB Earnings Yield (Joel Greenblatt) % Related Terms
Teqnion AB Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Teqnion AB'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.
Teqnion AB Earnings Yield (Joel Greenblatt) % Chart
FRA:M45 vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Teqnion AB'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.
Teqnion AB Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Teqnion AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Teqnion AB's Earnings Yield (Joel Greenblatt) % falls into.
Teqnion AB 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.
Teqnion ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Teqnion AB'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 €19.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.46% mean?
Teqnion AB (FRA:M45) has a Earnings Yield (Joel Greenblatt) % of 6.46% 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 Teqnion AB and its competitors. This is 27% above median its historical median of 5.10. Over the past decade, Teqnion AB's Earnings Yield (Joel Greenblatt) % has ranged from 2.10 to 14.43. According to the industry distribution chart, Teqnion AB ranks #324 out of 566 companies in the Conglomerates industry, placing it in the top 57.2%.
Is Teqnion AB's Earnings Yield (Joel Greenblatt) % too high?
Teqnion AB's current Earnings Yield (Joel Greenblatt) % of 6.46% is 27% above median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 14.43. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.76. Teqnion AB's value of 6.46% is 4.4% below this industry median. Based on the distribution chart, Teqnion AB ranks #324 out of 566 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Teqnion AB has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teqnion AB's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Teqnion AB ranks #324 out of 566 companies for Earnings Yield (Joel Greenblatt) %. This places Teqnion AB in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.76. Teqnion AB's value of 6.46% is 4.4% below this benchmark. Historically, Teqnion AB's own Earnings Yield (Joel Greenblatt) % has ranged from 2.10 to 14.43 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 6.76, Teqnion AB 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.76, based on 566 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. Teqnion AB's current Earnings Yield (Joel Greenblatt) % of 6.46% is 4.4% 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 Teqnion AB and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teqnion AB's current Earnings Yield (Joel Greenblatt) % is 6.46%, which is 27% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teqnion AB stock overvalued right now?
Based on GuruFocus' analysis, Teqnion AB (FRA:M45) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.63, compared to a current price of €16.50 — trading 11.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.46%, which is 27% above median its 10-year median of 5.10 and 4.4% below the Conglomerates industry median of 6.76. Teqnion AB's overall GF Score™ is 66/100 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 Teqnion AB (FRA:M45), the current Earnings Yield (Joel Greenblatt) % is 6.46% 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 Teqnion AB (FRA:M45) Overvalued in 2026?
Based on GuruFocus' analysis, Teqnion AB stock appears to be undervalued.
The current stock price of €16.50 is trading 11.4% below its estimated GF Value™ of €18.63.
GuruFocus considers Teqnion AB to be Modestly Undervalued.
Key valuation signals for FRA:M45:
Earnings Yield (Joel Greenblatt) %: 6.46% (27% above median its 10-year median of 5.10)
GF Value™: €18.63 vs. price of €16.50 (11.4% below fair value)
Industry Position: 4.4% below the Conglomerates median (#324 of 566)
No single metric tells the full story. See the FRA:M45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed in a decentralized manner with support from the parent company. Its group of companies consists of agency businesses that include brands, product and service companies developing solutions for specific industrial niches, and manufacturing companies that sell products under their own or customers' brands. Teqnion continuously supports its companies with planning work and problem-solving beyond the everyday management and financial resources. Geographically, the Group generates maximum revenue from Sweden, and the rest from the European Union (excluding Sweden), the United Kingdom, Norway, the USA, and the Rest of the world.
66GF Score
Get the complete analysis for FRA:M45
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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