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HappinetHAPYF 85 Earnings Yield (Joel Greenblatt) % is 23.87% as of Mar. 2026, which is 24% above its 10-year median of 19.32. GuruFocus rates HAPYF with a GF Score™ of 85/100 and a GF Value™ of $8.59. The stock has 2 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Happinet ranks better than 85.49% on this metric.
Happinet's Enterprise Value for the quarter that ended in Mar. 2026 was $151 Mil.
Happinet's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $104 Mil. Happinet's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 23.87%.
The historical rank and industry rank for Happinet's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HAPYF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.36 Med: 19.32 Max: 54.87
Current: 16.31
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Happinet was 54.87%. The lowest was 8.36%. And the median was 19.32%.
HAPYF's Earnings Yield (Joel Greenblatt) % is ranked better than 85.49% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 5.52
vs HAPYF: 16.31
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) %. Happinet's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 27.72%. 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.
Happinet Earnings Yield (Joel Greenblatt) % Related Terms
Happinet Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Happinet'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 Specialty Retail subindustry, Happinet'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.
Happinet Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Happinet's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Happinet'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.
Happinets Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Happinet'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 $104 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 23.87% mean?
Happinet (HAPYF) has a Earnings Yield (Joel Greenblatt) % of 23.87% 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 Happinet and its competitors. This is 24% above median its historical median of 19.32. Over the past decade, Happinet's Earnings Yield (Joel Greenblatt) % has ranged from 8.36 to 54.87. According to the industry distribution chart, Happinet ranks #164 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 14.5%.
Is Happinet's Earnings Yield (Joel Greenblatt) % too high?
Happinet's current Earnings Yield (Joel Greenblatt) % of 23.87% is 24% above median its 10-year median of 19.32. Over the past 10 years, this metric has ranged from a low of 8.36 to a high of 54.87. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.52. Happinet's value of 23.87% is 332.4% above this industry median. Based on the distribution chart, Happinet ranks #164 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Happinet has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Happinet's Earnings Yield (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happinet ranks #164 out of 1130 companies for Earnings Yield (Joel Greenblatt) %. This places Happinet in the top 15% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.52. Happinet's value of 23.87% is 332.4% above this benchmark. Historically, Happinet's own Earnings Yield (Joel Greenblatt) % has ranged from 8.36 to 54.87 over the past decade. While the company's 10-year median is 19.32 vs. the industry median of 5.52, Happinet 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.52, based on 1,130 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. Happinet's current Earnings Yield (Joel Greenblatt) % of 23.87% is 332.4% 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 Happinet and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happinet's current Earnings Yield (Joel Greenblatt) % is 23.87%, which is 24% above median its own 10-year median of 19.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happinet stock overvalued right now?
Happinet (HAPYF) has a current Earnings Yield (Joel Greenblatt) % of 23.87%. The stock's GF Value™ is $8.59, compared to a current price of $10.88 — trading 26.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 23.87%, which is 24% above median its 10-year median of 19.32 and 332.4% above the Retail - Cyclical industry median of 5.52. Happinet's overall GF Score™ is 85/100 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 Happinet (HAPYF), the current Earnings Yield (Joel Greenblatt) % is 23.87% 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 Happinet (HAPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Happinet stock appears to be overvalued.
The current stock price of $10.88 is trading 26.6% above its estimated GF Value™ of $8.59.
Key valuation signals for HAPYF:
Earnings Yield (Joel Greenblatt) %: 23.87% (24% above median its 10-year median of 19.32)
GF Value™: $8.59 vs. price of $10.88 (26.6% above fair value)
Industry Position: 332.4% above the Retail - Cyclical median (#164 of 1130)
No single metric tells the full story. See the HAPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.
85GF Score
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