FSHP (Flag Ship Acquisition) Earnings Yield (Joel Greenblatt) %: -1.11% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSHP Flag Ship Acquisition Corp FSHP
14 GF Score
Price $11.19
! 4 Warning Signs
View Full Analysis

What is Flag Ship Acquisition Earnings Yield (Joel Greenblatt) %?

Flag Ship Acquisition FSHP 14 Earnings Yield (Joel Greenblatt) % is -1.11% as of Mar. 2026. GuruFocus rates FSHP with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 611 Diversified Financial Services companies, Flag Ship Acquisition ranks worse than 68.41% on this metric.

Flag Ship Acquisition's Enterprise Value for the quarter that ended in Mar. 2026 was $56.47 Mil. Flag Ship Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.63 Mil. Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -1.11%.

The historical rank and industry rank for Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FSHP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.09   Med: 0   Max: 0
Current: -1.09

FSHP's Earnings Yield (Joel Greenblatt) % is ranked worse than
68.41% of 611 companies
in the Diversified Financial Services industry
Industry Median: -0.21 vs FSHP: -1.09

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) %. Flag Ship Acquisition's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Flag Ship Acquisition  (NAS:FSHP) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Flag Ship Acquisition Earnings Yield (Joel Greenblatt) % Related Terms


Flag Ship Acquisition Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Flag Ship Acquisition'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.

Flag Ship Acquisition Earnings Yield (Joel Greenblatt) % Chart

Flag Ship Acquisition Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.98 -1.19

Flag Ship Acquisition Quarterly Data
Dec19 Dec20 Sep21 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.06 -1.13 -1.62 -1.19 -1.11

FSHP vs UYSC, IBAC, CAPN: Earnings Yield (Joel Greenblatt) % Comparison

For the Shell Companies subindustry, Flag Ship Acquisition'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.


Flag Ship Acquisition Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % falls into.


FSHP
14GF Score
Flag Ship Acquisition Corp FSHP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flag Ship Acquisition 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.

Flag Ship Acquisitions Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.659/55.4695
=-1.19 %

Flag Ship Acquisition'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 $-0.63 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -1.11% mean?
Flag Ship Acquisition (FSHP) has a Earnings Yield (Joel Greenblatt) % of -1.11% 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 Flag Ship Acquisition and its competitors. According to the industry distribution chart, Flag Ship Acquisition ranks #418 out of 611 companies in the Diversified Financial Services industry, placing it in the top 68.4%.
Is Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % too high?
Flag Ship Acquisition's current Earnings Yield (Joel Greenblatt) % is -1.11%. Based on the distribution chart, Flag Ship Acquisition ranks #418 out of 611 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Flag Ship Acquisition has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Flag Ship Acquisition's Earnings Yield (Joel Greenblatt) % compare to UYSC and IBAC?
According to the Diversified Financial Services industry distribution chart, Flag Ship Acquisition ranks #418 out of 611 companies for Earnings Yield (Joel Greenblatt) %. This places Flag Ship Acquisition in the lower half of its industry. 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Flag Ship Acquisition and its competitors. Flag Ship Acquisition's current Earnings Yield (Joel Greenblatt) % is -1.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flag Ship Acquisition stock overvalued right now?
Flag Ship Acquisition (FSHP) has a current Earnings Yield (Joel Greenblatt) % of -1.11%. The current Earnings Yield (Joel Greenblatt) % is -1.11%. Flag Ship Acquisition's overall GF Score™ is 14/100 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 Flag Ship Acquisition (FSHP), the current Earnings Yield (Joel Greenblatt) % is -1.11% 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.

Flag Ship Acquisition Business Description

Address 26 Broadway, Suite 934, New York, NY, USA, 10004
Flag Ship Acquisition Corp is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
14GF Score

Get the complete analysis for FSHP

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.19
Price