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The historical rank and industry rank for Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HMCTF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.7 Med: 5.2 Max: 23.62
Current: -3.2
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hainan Meilan International Airport Co was 23.62%. The lowest was -11.70%. And the median was 5.20%.
HMCTF's Earnings Yield (Joel Greenblatt) % is ranked worse than 91.12% of 1025
companies
in the Transportation industry
Industry Median: 6.82
vs HMCTF: -3.20
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) %. Hainan Meilan International Airport Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
Hainan Meilan International Airport Co (OTCPK:HMCTF) 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.
Hainan Meilan International Airport Co Earnings Yield (Joel Greenblatt) % Chart
Hainan Meilan International Airport Co Annual Data
HMCTF vs JOBY, CAAP: Earnings Yield (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Hainan Meilan International Airport Co'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.
Hainan Meilan International Airport Co Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % falls into.
Hainan Meilan International Airport Co 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 -2.10% mean?
Hainan Meilan International Airport Co (HMCTF) has a Earnings Yield (Joel Greenblatt) % of -2.10% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Hainan Meilan International Airport Co and its competitors. According to the industry distribution chart, Hainan Meilan International Airport Co ranks #934 out of 1025 companies in the Transportation industry, placing it in the top 91.1%.
Is Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % too high?
Hainan Meilan International Airport Co's current Earnings Yield (Joel Greenblatt) % is -2.10%. Based on the distribution chart, Hainan Meilan International Airport Co ranks #934 out of 1025 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hainan Meilan International Airport Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Hainan Meilan International Airport Co ranks #934 out of 1025 companies for Earnings Yield (Joel Greenblatt) %. This places Hainan Meilan International Airport Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.82. 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.82, based on 1,025 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 Hainan Meilan International Airport Co and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Meilan International Airport Co's current Earnings Yield (Joel Greenblatt) % is -2.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (HMCTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.15, compared to a current price of $0.65 — trading 43.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -2.10%. Hainan Meilan International Airport Co's overall GF Score™ is 63/100 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 Hainan Meilan International Airport Co (HMCTF), the current Earnings Yield (Joel Greenblatt) % is -2.10% as of Dec. 2025. 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 Hainan Meilan International Airport Co (HMCTF) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued.
The current stock price of $0.65 is trading 43.5% below its estimated GF Value™ of $1.15.
GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.
Key valuation signals for HMCTF:
Earnings Yield (Joel Greenblatt) %: -2.10%
GF Value™: $1.15 vs. price of $0.65 (43.5% below fair value)
No single metric tells the full story. See the HMCTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Meilan International Airport Co Business Description
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
63GF Score
Get the complete analysis for HMCTF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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