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Micronics Japan CoFRA:MJ3 -1.36%91 Earnings Yield (Joel Greenblatt) % is 4.23% as of Jun. 2026, which is 44% below its 10-year median of 7.54. GuruFocus rates FRA:MJ3 with a GF Score™ of 91/100 and a GF Value™ of €45.93 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,029 Semiconductors companies, Micronics Japan Co ranks better than 73.18% on this metric.
Micronics Japan Co's Enterprise Value for the quarter that ended in Jun. 2026 was €3,415.9 Mil.
Micronics Japan Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €146.5 Mil. Micronics Japan Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.23%.
The historical rank and industry rank for Micronics Japan Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:MJ3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.7 Med: 7.54 Max: 42.39
Current: 5.17
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Micronics Japan Co was 42.39%. The lowest was 1.70%. And the median was 7.54%.
FRA:MJ3's Earnings Yield (Joel Greenblatt) % is ranked better than 73.18% of 1029
companies
in the Semiconductors industry
Industry Median: 1.75
vs FRA:MJ3: 5.17
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) %. Micronics Japan Co'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.
Micronics Japan Co (FRA:MJ3) 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.
Micronics Japan Co Earnings Yield (Joel Greenblatt) % Related Terms
Micronics Japan Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Micronics Japan 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.
Micronics Japan Co Earnings Yield (Joel Greenblatt) % Chart
For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.
Micronics Japan Co Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micronics Japan Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Micronics Japan Co's Earnings Yield (Joel Greenblatt) % falls into.
Micronics Japan 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.
Micronics Japan Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as
Micronics Japan Co'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 €146.5 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.23% mean?
Micronics Japan Co (FRA:MJ3) has a Earnings Yield (Joel Greenblatt) % of 4.23% 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 Micronics Japan Co and its competitors. This is 44% below median its historical median of 7.54. Over the past decade, Micronics Japan Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.70 to 42.39. According to the industry distribution chart, Micronics Japan Co ranks #276 out of 1029 companies in the Semiconductors industry, placing it in the top 26.8%.
Is Micronics Japan Co's Earnings Yield (Joel Greenblatt) % too high?
Micronics Japan Co's current Earnings Yield (Joel Greenblatt) % of 4.23% is 44% below median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 42.39. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.75. Micronics Japan Co's value of 4.23% is 141.7% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #276 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micronics Japan Co has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Earnings Yield (Joel Greenblatt) % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #276 out of 1029 companies for Earnings Yield (Joel Greenblatt) %. This puts Micronics Japan Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.75. Micronics Japan Co's value of 4.23% is 141.7% above this benchmark. Historically, Micronics Japan Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.70 to 42.39 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 1.75, Micronics Japan Co 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 a Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.75, based on 1,029 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. Micronics Japan Co's current Earnings Yield (Joel Greenblatt) % of 4.23% is 141.7% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Earnings Yield (Joel Greenblatt) % is 4.23%, which is 44% below median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.93, compared to a current price of €72.50 — trading 57.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.23%, which is 44% below median its 10-year median of 7.54 and 141.7% above the Semiconductors industry median of 1.75. Micronics Japan Co's overall GF Score™ is 91/100 with 1 warning sign 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 Micronics Japan Co (FRA:MJ3), the current Earnings Yield (Joel Greenblatt) % is 4.23% 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?
Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued.
The current stock price of €72.50 is trading 57.8% above its estimated GF Value™ of €45.93.
GuruFocus considers Micronics Japan Co to be Significantly Overvalued.
Key valuation signals for FRA:MJ3:
Earnings Yield (Joel Greenblatt) %: 4.23% (44% below median its 10-year median of 7.54)
GF Value™: €45.93 vs. price of €72.50 (57.8% above fair value)
Industry Position: 141.7% above the Semiconductors median (#276 of 1029)
No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
91GF Score
Get the complete analysis for FRA:MJ3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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