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Mercury GeneralFRA:MCG +1.94%72 Earnings Yield (Joel Greenblatt) % is 23.04% as of Jun. 2026, which is 232% above its 10-year median of 6.94. GuruFocus rates FRA:MCG with a GF Score™ of 72/100 and a GF Value™ of €89.50. The stock has 4 warning signs investors should review. Among 511 Insurance companies, Mercury General ranks better than 88.26% on this metric.
Mercury General's Enterprise Value for the quarter that ended in Jun. 2026 was €4,510 Mil.
Mercury General's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,024 Mil. Mercury General's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 23.04%.
The historical rank and industry rank for Mercury General's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:MCG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.84 Med: 6.94 Max: 25.95
Current: 23.15
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mercury General was 25.95%. The lowest was -36.84%. And the median was 6.94%.
FRA:MCG's Earnings Yield (Joel Greenblatt) % is ranked better than 88.26% of 511
companies
in the Insurance industry
Industry Median: 6.99
vs FRA:MCG: 23.15
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) %. Mercury General's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Mercury General (FRA:MCG) 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.
Mercury General Earnings Yield (Joel Greenblatt) % Related Terms
Mercury General Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Mercury General'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.
Mercury General Earnings Yield (Joel Greenblatt) % Chart
For the Insurance - Property & Casualty subindustry, Mercury General'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.
Mercury General Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Mercury General's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mercury General's Earnings Yield (Joel Greenblatt) % falls into.
Mercury General 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.
Mercury Generals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Mercury General'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 €1,024 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 23.04% mean?
Mercury General (FRA:MCG) has a Earnings Yield (Joel Greenblatt) % of 23.04% 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 Mercury General and its competitors. This is 232% above median its historical median of 6.94. According to the industry distribution chart, Mercury General ranks #60 out of 511 companies in the Insurance industry, placing it in the top 11.7%.
Is Mercury General's Earnings Yield (Joel Greenblatt) % too high?
Mercury General's current Earnings Yield (Joel Greenblatt) % of 23.04% is 232% above median its 10-year median of 6.94. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 6.99. Mercury General's value of 23.04% is 229.6% above this industry median. Based on the distribution chart, Mercury General ranks #60 out of 511 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Mercury General has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Mercury General's Earnings Yield (Joel Greenblatt) % compare to SIGI and RLI?
According to the Insurance industry distribution chart, Mercury General ranks #60 out of 511 companies for Earnings Yield (Joel Greenblatt) %. This places Mercury General in the top 12% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.99. Mercury General's value of 23.04% is 229.6% above this benchmark. While the company's 10-year median is 6.94 vs. the industry median of 6.99, Mercury General 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 an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 6.99, based on 511 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. Mercury General's current Earnings Yield (Joel Greenblatt) % of 23.04% is 229.6% 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 Mercury General and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury General's current Earnings Yield (Joel Greenblatt) % is 23.04%, which is 232% above median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury General stock overvalued right now?
Mercury General (FRA:MCG) has a current Earnings Yield (Joel Greenblatt) % of 23.04%. The stock's GF Value™ is €89.50, compared to a current price of €89.40 — trading 0.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 23.04%, which is 232% above median its 10-year median of 6.94 and 229.6% above the Insurance industry median of 6.99. Mercury General's overall GF Score™ is 72/100 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 Mercury General (FRA:MCG), the current Earnings Yield (Joel Greenblatt) % is 23.04% 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 Mercury General (FRA:MCG) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury General stock appears to be undervalued.
The current stock price of €89.40 is trading 0.1% below its estimated GF Value™ of €89.50.
Key valuation signals for FRA:MCG:
Earnings Yield (Joel Greenblatt) %: 23.04% (232% above median its 10-year median of 6.94)
GF Value™: €89.50 vs. price of €89.40 (0.1% below fair value)
Industry Position: 229.6% above the Insurance median (#60 of 511)
No single metric tells the full story. See the FRA:MCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury General Corp is an insurance holding company. It is engaged in writing personal automobile insurance and provides related property and casualty insurance products. The company offers the following types of automobile coverage: collision, property damage, bodily injury (BI), comprehensive, personal injury protection (PIP), underinsured and uninsured motorist, and other hazards. Additionally, it offers the following types of homeowners coverage: dwelling, liability, personal property, and other coverages. The company has one reportable business segment, the Property and Casualty business segment.
72GF 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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