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HKVTY's Earnings Yield (Joel Greenblatt) % is ranked worse than 65.88% of 510
companies
in the Utilities - Regulated industry
Industry Median: 6.655
vs HKVTY: 4.99
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) %. HK Electric Investments and HK Electric Investments'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.
HK Electric Investments and HK Electric Investments (OTCPK:HKVTY) 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.
* 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.
HK Electric Investments and HK Electric Investments Earnings Yield (Joel Greenblatt) % Chart
HK Electric Investments and HK Electric Investments Annual Data
HKVTY vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.
HK Electric Investments and HK Electric Investments Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
HK Electric Investments and HK Electric Investments 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.
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 HK Electric Investments and HK Electric Investments and its competitors. Over the past decade, HK Electric Investments and HK Electric Investments' Earnings Yield (Joel Greenblatt) % has ranged from 3.59 to 5.72. According to the industry distribution chart, HK Electric Investments and HK Electric Investments ranks #336 out of 510 companies in the Utilities - Regulated industry, placing it in the top 65.9%.
Is HK Electric Investments and HK Electric Investments' Earnings Yield (Joel Greenblatt) % too high?
HK Electric Investments and HK Electric Investments' current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 5.72. Based on the distribution chart, HK Electric Investments and HK Electric Investments ranks #336 out of 510 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, HK Electric Investments and HK Electric Investments ranks #336 out of 510 companies for Earnings Yield (Joel Greenblatt) %. This places HK Electric Investments and HK Electric Investments in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.66. Historically, HK Electric Investments and HK Electric Investments' own Earnings Yield (Joel Greenblatt) % has ranged from 3.59 to 5.72 over the past decade. 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 Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.66, based on 510 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 HK Electric Investments and HK Electric Investments and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HK Electric Investments and HK Electric Investments's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
HK Electric Investments and HK Electric Investments (HKVTY) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The stock's GF Value™ is $7.00, compared to a current price of $7.80 — trading 11.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. HK Electric Investments and HK Electric Investments' overall GF Score™ is 81/100 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 HK Electric Investments and HK Electric Investments (HKVTY), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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 HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued.
The current stock price of $7.80 is trading 11.4% above its estimated GF Value™ of $7.00.
Key valuation signals for HKVTY:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: $7.00 vs. price of $7.80 (11.4% above fair value)
No single metric tells the full story. See the HKVTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
81GF Score
Get the complete analysis for HKVTY
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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