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Sato ShojiFRA:TI2 48 Earnings Yield (Joel Greenblatt) % is 11.64% as of Mar. 2026, which is 0% below its 10-year median of 11.68. GuruFocus rates FRA:TI2 with a GF Score™ of 48/100 and a GF Value™ of €9.02 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 633 Steel companies, Sato Shoji ranks better than 68.72% on this metric.
Sato Shoji's Enterprise Value for the quarter that ended in Mar. 2026 was €431 Mil.
Sato Shoji's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €50 Mil. Sato Shoji's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.64%.
The historical rank and industry rank for Sato Shoji's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:TI2'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.13 Med: 11.68 Max: 17.95
Current: 8.87
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sato Shoji was 17.95%. The lowest was 8.13%. And the median was 11.68%.
FRA:TI2's Earnings Yield (Joel Greenblatt) % is ranked better than 68.72% of 633
companies
in the Steel industry
Industry Median: 5.61
vs FRA:TI2: 8.87
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) %. Sato Shoji's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 11.86%. 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.
Sato Shoji (FRA:TI2) 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.
Sato Shoji Earnings Yield (Joel Greenblatt) % Related Terms
Sato Shoji Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Sato Shoji'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.
Sato Shoji Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, Sato Shoji'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.
Sato Shoji Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Sato Shoji's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sato Shoji's Earnings Yield (Joel Greenblatt) % falls into.
Sato Shoji 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.
Sato Shojis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Sato Shoji's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €50 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 11.64% mean?
Sato Shoji (FRA:TI2) has a Earnings Yield (Joel Greenblatt) % of 11.64% 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 Sato Shoji and its competitors. This is near median its historical median of 11.68. Over the past decade, Sato Shoji's Earnings Yield (Joel Greenblatt) % has ranged from 8.13 to 17.95. According to the industry distribution chart, Sato Shoji ranks #198 out of 633 companies in the Steel industry, placing it in the top 31.3%.
Is Sato Shoji's Earnings Yield (Joel Greenblatt) % too high?
Sato Shoji's current Earnings Yield (Joel Greenblatt) % of 11.64% is near median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 8.13 to a high of 17.95. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.61. Sato Shoji's value of 11.64% is 107.5% above this industry median. Based on the distribution chart, Sato Shoji ranks #198 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Sato Shoji has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sato Shoji's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Sato Shoji ranks #198 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This puts Sato Shoji in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.61. Sato Shoji's value of 11.64% is 107.5% above this benchmark. Historically, Sato Shoji's own Earnings Yield (Joel Greenblatt) % has ranged from 8.13 to 17.95 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 5.61, Sato Shoji 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.61, based on 633 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. Sato Shoji's current Earnings Yield (Joel Greenblatt) % of 11.64% is 107.5% 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 Sato Shoji and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Shoji's current Earnings Yield (Joel Greenblatt) % is 11.64%, which is near median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Shoji stock overvalued right now?
Based on GuruFocus' analysis, Sato Shoji (FRA:TI2) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.02, compared to a current price of €19.80 — trading 119.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.64%, which is near median its 10-year median of 11.68 and 107.5% above the Steel industry median of 5.61. Sato Shoji's overall GF Score™ is 48/100 with 7 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 Sato Shoji (FRA:TI2), the current Earnings Yield (Joel Greenblatt) % is 11.64% 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 Sato Shoji (FRA:TI2) Overvalued in 2026?
Based on GuruFocus' analysis, Sato Shoji stock appears to be overvalued.
The current stock price of €19.80 is trading 119.5% above its estimated GF Value™ of €9.02.
GuruFocus considers Sato Shoji to be Significantly Overvalued.
Key valuation signals for FRA:TI2:
Earnings Yield (Joel Greenblatt) %: 11.64% (near median its 10-year median of 11.68)
GF Value™: €9.02 vs. price of €19.80 (119.5% above fair value)
Industry Position: 107.5% above the Steel median (#198 of 633)
No single metric tells the full story. See the FRA:TI2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sato Shoji Corp is a Japanese trading company mainly focused on metals and industrial metals. Along with its subsidiaries, the company operates in the following reportable segments: Iron and Steel, Nonferrous Metals, Electronics, Life Sales, Machinery and Tools, and Business Development. The majority of its revenue is generated from the Iron and Steel business segment, which sells hot-rolled steel sheets, pickled steel sheets, cold-rolled steel sheets, surface-treated steel sheets, steel bars, bar steel, special steel such as structural carbon steel, structural alloy steel, tool steel, and construction materials and equipment mainly to the automobile, construction machinery, bridge, construction, electrical equipment, shipbuilding, and mold industries.
48GF 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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