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Teledyne TechnologiesFRA:TYZ +3.73%95 Earnings Yield (Joel Greenblatt) % is 3.82% as of Jun. 2026, which is 5% below its 10-year median of 4.02. GuruFocus rates FRA:TYZ with a GF Score™ of 95/100 and a GF Value™ of €474.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,490 Hardware companies, Teledyne Technologies ranks better than 60.04% on this metric.
Teledyne Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was €27,432 Mil.
Teledyne Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,070 Mil. Teledyne Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.82%.
The historical rank and industry rank for Teledyne Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:TYZ'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.14 Med: 4.02 Max: 6.47
Current: 3.88
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Teledyne Technologies was 6.47%. The lowest was 2.14%. And the median was 4.02%.
FRA:TYZ's Earnings Yield (Joel Greenblatt) % is ranked better than 60.04% of 2490
companies
in the Hardware industry
Industry Median: 2.435
vs FRA:TYZ: 3.88
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) %. Teledyne Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 11.03%. 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.
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.
Teledyne Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Teledyne Technologies Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Teledyne Technologies'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.
For the Scientific & Technical Instruments subindustry, Teledyne Technologies'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.
Teledyne Technologies Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Teledyne Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Teledyne Technologies's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Teledyne Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Teledyne Technologies'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 €1,070 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.82% mean?
Teledyne Technologies (FRA:TYZ) has a Earnings Yield (Joel Greenblatt) % of 3.82% 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 Teledyne Technologies and its competitors. This is near median its historical median of 4.02. Over the past decade, Teledyne Technologies' Earnings Yield (Joel Greenblatt) % has ranged from 2.14 to 6.47. According to the industry distribution chart, Teledyne Technologies ranks #995 out of 2490 companies in the Hardware industry, placing it in the top 40%.
Is Teledyne Technologies' Earnings Yield (Joel Greenblatt) % too high?
Teledyne Technologies' current Earnings Yield (Joel Greenblatt) % of 3.82% is near median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 6.47. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.44. Teledyne Technologies' value of 3.82% is 56.9% above this industry median. Based on the distribution chart, Teledyne Technologies ranks #995 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Teledyne Technologies has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teledyne Technologies' Earnings Yield (Joel Greenblatt) % compare to MKSI and FTV?
According to the Hardware industry distribution chart, Teledyne Technologies ranks #995 out of 2490 companies for Earnings Yield (Joel Greenblatt) %. This puts Teledyne Technologies in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.44. Teledyne Technologies' value of 3.82% is 56.9% above this benchmark. Historically, Teledyne Technologies' own Earnings Yield (Joel Greenblatt) % has ranged from 2.14 to 6.47 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 2.44, Teledyne Technologies 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 2.44, based on 2,490 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. Teledyne Technologies's current Earnings Yield (Joel Greenblatt) % of 3.82% is 56.9% 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 Teledyne Technologies and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teledyne Technologies's current Earnings Yield (Joel Greenblatt) % is 3.82%, which is near median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teledyne Technologies stock overvalued right now?
Based on GuruFocus' analysis, Teledyne Technologies (FRA:TYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €474.15, compared to a current price of €569.50 — trading 20.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.82%, which is near median its 10-year median of 4.02 and 56.9% above the Hardware industry median of 2.44. Teledyne Technologies' overall GF Score™ is 95/100 with 5 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 Teledyne Technologies (FRA:TYZ), the current Earnings Yield (Joel Greenblatt) % is 3.82% 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 Teledyne Technologies (FRA:TYZ) Overvalued in 2026?
Based on GuruFocus' analysis, Teledyne Technologies stock appears to be overvalued.
The current stock price of €569.50 is trading 20.1% above its estimated GF Value™ of €474.15.
GuruFocus considers Teledyne Technologies to be Modestly Overvalued.
Key valuation signals for FRA:TYZ:
Earnings Yield (Joel Greenblatt) %: 3.82% (near median its 10-year median of 4.02)
GF Value™: €474.15 vs. price of €569.50 (20.1% above fair value)
Industry Position: 56.9% above the Hardware median (#995 of 2490)
No single metric tells the full story. See the FRA:TYZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teledyne Technologies Inc provides enabling technologies to sense, analyze and distribute information for industrial growth markets that require advanced technology and high reliability. The firm operates in four segments: Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems. The Digital Imaging segment, that derives maximum revenue, includes high-performance sensors, cameras and systems, within the visible, infrared and X-ray spectra for use in industrial, government and medical applications, as well as MEMS and high-performance, high-reliability semiconductors including analog-to-digital and digital-to-analog converters. Geographically, the company operates in United States, Europe, Asia, and All other.
95GF 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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