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Solid StateFRA:OUY +0.96%68 Earnings Yield (Joel Greenblatt) % is 7.88% as of Mar. 2026, which is 17% above its 10-year median of 6.71. GuruFocus rates FRA:OUY with a GF Score™ of 68/100 and a GF Value™ of €2.58 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,493 Hardware companies, Solid State ranks better than 71.6% on this metric.
Solid State's Enterprise Value for the quarter that ended in Mar. 2026 was €100.6 Mil.
Solid State's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €8.2 Mil. Solid State's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.88%.
The historical rank and industry rank for Solid State's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:OUY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.13 Med: 6.71 Max: 17.14
Current: 6.3
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Solid State was 17.14%. The lowest was 1.13%. And the median was 6.71%.
FRA:OUY's Earnings Yield (Joel Greenblatt) % is ranked better than 71.6% of 2493
companies
in the Hardware industry
Industry Median: 2.16
vs FRA:OUY: 6.30
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) %. Solid State's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 13.04%. 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.
Solid State (FRA:OUY) 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.
Solid State Earnings Yield (Joel Greenblatt) % Related Terms
Solid State Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Solid State'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.
Solid State Earnings Yield (Joel Greenblatt) % Chart
For the Electronic Components subindustry, Solid State'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.
Solid State Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Solid State's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Solid State's Earnings Yield (Joel Greenblatt) % falls into.
Solid State 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.
Solid States Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 7.88% mean?
Solid State (FRA:OUY) has a Earnings Yield (Joel Greenblatt) % of 7.88% 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 Solid State and its competitors. This is 17% above median its historical median of 6.71. Over the past decade, Solid State's Earnings Yield (Joel Greenblatt) % has ranged from 1.13 to 17.14. According to the industry distribution chart, Solid State ranks #708 out of 2493 companies in the Hardware industry, placing it in the top 28.4%.
Is Solid State's Earnings Yield (Joel Greenblatt) % too high?
Solid State's current Earnings Yield (Joel Greenblatt) % of 7.88% is 17% above median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 17.14. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.16. Solid State's value of 7.88% is 264.8% above this industry median. Based on the distribution chart, Solid State ranks #708 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Solid State has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid State's Earnings Yield (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Solid State ranks #708 out of 2493 companies for Earnings Yield (Joel Greenblatt) %. This puts Solid State in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.16. Solid State's value of 7.88% is 264.8% above this benchmark. Historically, Solid State's own Earnings Yield (Joel Greenblatt) % has ranged from 1.13 to 17.14 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 2.16, Solid State 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.16, based on 2,493 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. Solid State's current Earnings Yield (Joel Greenblatt) % of 7.88% is 264.8% 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 Solid State and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid State's current Earnings Yield (Joel Greenblatt) % is 7.88%, which is 17% above median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid State stock overvalued right now?
Based on GuruFocus' analysis, Solid State (FRA:OUY) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.58, compared to a current price of €2.10 — trading 18.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.88%, which is 17% above median its 10-year median of 6.71 and 264.8% above the Hardware industry median of 2.16. Solid State's overall GF Score™ is 68/100 with 2 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 Solid State (FRA:OUY), the current Earnings Yield (Joel Greenblatt) % is 7.88% 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.
Is Solid State (FRA:OUY) Overvalued in 2026?
Based on GuruFocus' analysis, Solid State stock appears to be undervalued.
The current stock price of €2.10 is trading 18.6% below its estimated GF Value™ of €2.58.
GuruFocus considers Solid State to be Modestly Undervalued.
Key valuation signals for FRA:OUY:
Earnings Yield (Joel Greenblatt) %: 7.88% (17% above median its 10-year median of 6.71)
GF Value™: €2.58 vs. price of €2.10 (18.6% below fair value)
Industry Position: 264.8% above the Hardware median (#708 of 2493)
No single metric tells the full story. See the FRA:OUY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solid State PLC is engaged in the manufacturing as well as distribution of electronic components and materials. The company's operating segment includes divisions, which are Components and Systems. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. The company generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.
68GF Score
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