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Horizon Kinetics HoldingHKHC +0.19%46 Earnings Yield (Joel Greenblatt) % is 0.22% as of Jun. 2026. GuruFocus rates HKHC with a GF Score™ of 46/100 and a GF Value™ of $5.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,627 Asset Management companies, Horizon Kinetics Holding ranks better than 71.36% on this metric.
Horizon Kinetics Holding's Enterprise Value for the quarter that ended in Jun. 2026 was $1,961.48 Mil.
Horizon Kinetics Holding's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $4.34 Mil. Horizon Kinetics Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 0.22%.
The historical rank and industry rank for Horizon Kinetics Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HKHC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -157.33 Med: -0.6 Max: 26.92
Current: 0.24
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Horizon Kinetics Holding was 26.92%. The lowest was -157.33%. And the median was -0.60%.
HKHC's Earnings Yield (Joel Greenblatt) % is ranked better than 71.36% of 1627
companies
in the Asset Management industry
Industry Median: 0
vs HKHC: 0.24
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) %. Horizon Kinetics Holding's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Horizon Kinetics Holding Earnings Yield (Joel Greenblatt) % Related Terms
Horizon Kinetics Holding Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Horizon Kinetics Holding'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 Asset Management subindustry, Horizon Kinetics Holding'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.
Horizon Kinetics Holding Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Horizon Kinetics Holding'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.
Horizon Kinetics Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Horizon Kinetics Holding'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 $4.34 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.22% mean?
Horizon Kinetics Holding (HKHC) has a Earnings Yield (Joel Greenblatt) % of 0.22% 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 Horizon Kinetics Holding and its competitors. According to the industry distribution chart, Horizon Kinetics Holding ranks #466 out of 1627 companies in the Asset Management industry, placing it in the top 28.6%.
Is Horizon Kinetics Holding's Earnings Yield (Joel Greenblatt) % too high?
Horizon Kinetics Holding's current Earnings Yield (Joel Greenblatt) % is 0.22%. Based on the distribution chart, Horizon Kinetics Holding ranks #466 out of 1627 companies in the Asset Management industry, which is above the industry midpoint. Overall, Horizon Kinetics Holding has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Kinetics Holding's Earnings Yield (Joel Greenblatt) % compare to PML and IFN?
According to the Asset Management industry distribution chart, Horizon Kinetics Holding ranks #466 out of 1627 companies for Earnings Yield (Joel Greenblatt) %. This puts Horizon Kinetics Holding in the upper 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 an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management 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 Horizon Kinetics Holding and its competitors. Horizon Kinetics Holding's current Earnings Yield (Joel Greenblatt) % is 0.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Kinetics Holding stock overvalued right now?
Based on GuruFocus' analysis, Horizon Kinetics Holding (HKHC) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.24, compared to a current price of $26.05 — trading 397.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.22%. Horizon Kinetics Holding's overall GF Score™ is 46/100 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 Horizon Kinetics Holding (HKHC), the current Earnings Yield (Joel Greenblatt) % is 0.22% 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 Horizon Kinetics Holding (HKHC) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Kinetics Holding stock appears to be overvalued.
The current stock price of $26.05 is trading 397.1% above its estimated GF Value™ of $5.24.
GuruFocus considers Horizon Kinetics Holding to be Significantly Overvalued.
Key valuation signals for HKHC:
Earnings Yield (Joel Greenblatt) %: 0.22%
GF Value™: $5.24 vs. price of $26.05 (397.1% above fair value)
No single metric tells the full story. See the HKHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies. The fees earned, which include both management and performance fees, depend upon several factors, including the investment strategies, size of account and servicing needs. Geographically, the company operates in United States.
46GF 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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