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HCW BiologicsHCWB -13.19%37 Earnings Yield (Joel Greenblatt) % is -14.62% as of Mar. 2026. GuruFocus rates HCWB with a GF Score™ of 37/100 and a GF Value™ of $43.73 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,324 Biotechnology companies, HCW Biologics ranks worse than 53.7% on this metric.
HCW Biologics's Enterprise Value for the quarter that ended in Mar. 2026 was $7.77 Mil.
HCW Biologics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.14 Mil. HCW Biologics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -14.62%.
The historical rank and industry rank for HCW Biologics's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HCWB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -160.79 Med: -42.68 Max: -3.32
Current: -12.35
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of HCW Biologics was -3.32%. The lowest was -160.79%. And the median was -42.68%.
HCWB's Earnings Yield (Joel Greenblatt) % is ranked worse than 53.7% of 1324
companies
in the Biotechnology industry
Industry Median: -10.17
vs HCWB: -12.35
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) %. HCW Biologics'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.
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.
HCW Biologics Earnings Yield (Joel Greenblatt) % Related Terms
HCW Biologics Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for HCW Biologics'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 Biotechnology subindustry, HCW Biologics'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.
HCW Biologics Earnings Yield (Joel Greenblatt) % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, HCW Biologics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where HCW Biologics'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.
HCW Biologicss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
HCW Biologics'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 $-1.14 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -14.62% mean?
HCW Biologics (HCWB) has a Earnings Yield (Joel Greenblatt) % of -14.62% 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 HCW Biologics and its competitors. According to the industry distribution chart, HCW Biologics ranks #711 out of 1324 companies in the Biotechnology industry, placing it in the top 53.7%.
Is HCW Biologics' Earnings Yield (Joel Greenblatt) % too high?
HCW Biologics' current Earnings Yield (Joel Greenblatt) % is -14.62%. Based on the distribution chart, HCW Biologics ranks #711 out of 1324 companies in the Biotechnology industry, which is below the industry midpoint. Overall, HCW Biologics has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HCW Biologics' Earnings Yield (Joel Greenblatt) % compare to KAPA and IMNN?
According to the Biotechnology industry distribution chart, HCW Biologics ranks #711 out of 1324 companies for Earnings Yield (Joel Greenblatt) %. This places HCW Biologics 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 Biotechnology company?
A good Earnings Yield (Joel Greenblatt) % depends on the Biotechnology 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 HCW Biologics and its competitors. HCW Biologics's current Earnings Yield (Joel Greenblatt) % is -14.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCW Biologics stock overvalued right now?
Based on GuruFocus' analysis, HCW Biologics (HCWB) is currently considered Possible Value Trap. The stock's GF Value™ is $43.73, compared to a current price of $2.42 — trading 94.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -14.62%. HCW Biologics' overall GF Score™ is 37/100 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 HCW Biologics (HCWB), the current Earnings Yield (Joel Greenblatt) % is -14.62% 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 HCW Biologics (HCWB) Overvalued in 2026?
Based on GuruFocus' analysis, HCW Biologics stock appears to be undervalued.
The current stock price of $2.42 is trading 94.5% below its estimated GF Value™ of $43.73.
GuruFocus considers HCW Biologics to be Possible Value Trap.
Key valuation signals for HCWB:
Earnings Yield (Joel Greenblatt) %: -14.62%
GF Value™: $43.73 vs. price of $2.42 (94.5% below fair value)
No single metric tells the full story. See the HCWB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HCW Biologics Inc is a clinical-stage biopharmaceutical company developing transformative fusion immunotherapeutics to support or treat diseases promoted by chronic inflammation. It has created novel compounds that represent a new class of drugs that it believes has the potential to fundamentally change the treatment of autoimmune disorders and other proinflammatory diseases, cancer and senescence-associated dysplasia. The company has developed two proprietary drug discovery and development platforms which it uses to create novel fusion immunotherapeutics: The TOBI (Tissue factOr-Based fusIon) platform, and The T-cell Receptor Beta Chain constant region (TRBC) platform. It operates and manages its business as one reportable segment.
37GF 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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