BTQ Technologies (HAM:NG3) Earnings Yield (Joel Greenblatt) %: % (As of Jun. 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.

HAM:NG3 BTQ Technologies Corp HAM:NG3
32 GF Score
Price €2.21
! 1 Warning Sign
View Full Analysis

What is BTQ Technologies Earnings Yield (Joel Greenblatt) %?

BTQ Technologies HAM:NG3 +1.85% 32 Earnings Yield (Joel Greenblatt) % is % as of Jun. 2026. GuruFocus rates HAM:NG3 with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 2,908 Software companies, BTQ Technologies ranks worse than 81.22% on this metric.

BTQ Technologies's Enterprise Value for the quarter that ended in Jun. 2026 was € Mil. BTQ Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-35.53 Mil. BTQ Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was %.

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

HAM:NG3' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.71   Med: -2.49   Max: -0.47
Current: -10.58

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of BTQ Technologies was -0.47%. The lowest was -26.71%. And the median was -2.49%.

HAM:NG3's Earnings Yield (Joel Greenblatt) % is ranked worse than
81.22% of 2908 companies
in the Software industry
Industry Median: 1.955 vs HAM:NG3: -10.58

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) %. BTQ Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 19.16%. 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.


BTQ Technologies  (HAM:NG3) 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.


BTQ Technologies Earnings Yield (Joel Greenblatt) % Related Terms


BTQ Technologies Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BTQ 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.

BTQ Technologies Earnings Yield (Joel Greenblatt) % Chart

BTQ Technologies Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.55 -2.68 -18.50 - -

BTQ Technologies Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only - - - - -

HAM:NG3 vs MSFT, PLTR, ORCL: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, BTQ 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.


BTQ Technologies Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, BTQ Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BTQ Technologies's Earnings Yield (Joel Greenblatt) % falls into.


HAM:NG3
32GF Score
BTQ Technologies Corp HAM:NG3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTQ Technologies 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.

BTQ Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-15.572483936388/
= %

BTQ 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 €-35.53 Mil.


What does a Earnings Yield (Joel Greenblatt) % of % mean?
BTQ Technologies (HAM:NG3) has a Earnings Yield (Joel Greenblatt) % of % 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 BTQ Technologies and its competitors. According to the industry distribution chart, BTQ Technologies ranks #2362 out of 2908 companies in the Software industry, placing it in the top 81.2%.
Is BTQ Technologies' Earnings Yield (Joel Greenblatt) % too high?
BTQ Technologies' current Earnings Yield (Joel Greenblatt) % is %. Based on the distribution chart, BTQ Technologies ranks #2362 out of 2908 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, BTQ Technologies has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does BTQ Technologies' Earnings Yield (Joel Greenblatt) % compare to MSFT and PLTR?
According to the Software industry distribution chart, BTQ Technologies ranks #2362 out of 2908 companies for Earnings Yield (Joel Greenblatt) %. This places BTQ Technologies in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.96. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 1.96, based on 2,908 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. 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 BTQ Technologies and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTQ Technologies's current Earnings Yield (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTQ Technologies stock overvalued right now?
BTQ Technologies (HAM:NG3) has a current Earnings Yield (Joel Greenblatt) % of %. The current Earnings Yield (Joel Greenblatt) % is %. BTQ Technologies' overall GF Score™ is 32/100 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 BTQ Technologies (HAM:NG3), the current Earnings Yield (Joel Greenblatt) % is % 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.

BTQ Technologies Business Description

Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1K8
BTQ Technologies Corp is engaged in the development of computer-based technology related to post-quantum cryptography, particularly as it applies to blockchain and related technologies, and their protection from the emerging security risk of quantum computing. The company derives revenue from Software licensing. Geographically, the company has a presence in Canada, Taiwan, Australia, and the United States.
32GF Score

Get the complete analysis for HAM:NG3

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

€2.21
Price