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IcomICOIF 80 Earnings Yield (Joel Greenblatt) % is 22.88% as of Mar. 2026, which is 8% above its 10-year median of 21.21. GuruFocus rates ICOIF with a GF Score™ of 80/100. The stock has 5 warning signs investors should review. Among 2,492 Hardware companies, Icom ranks better than 91.57% on this metric.
Icom's Enterprise Value for the quarter that ended in Mar. 2026 was $0.00 Mil.
Icom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $21.69 Mil. Icom's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 22.88%.
The historical rank and industry rank for Icom's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ICOIF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -658.27 Med: 21.21 Max: 1115.34
Current: 16.89
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Icom was 1115.34%. The lowest was -658.27%. And the median was 21.21%.
ICOIF's Earnings Yield (Joel Greenblatt) % is ranked better than 91.57% of 2492
companies
in the Hardware industry
Industry Median: 2.15
vs ICOIF: 16.89
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) %. Icom's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 17.18%. 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.
Icom Earnings Yield (Joel Greenblatt) % Related Terms
Icom Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Icom'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 Communication Equipment subindustry, Icom'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.
Icom Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Icom's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Icom'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.
Icoms Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Icom'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 $21.69 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 22.88% mean?
Icom (ICOIF) has a Earnings Yield (Joel Greenblatt) % of 22.88% 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 Icom and its competitors. This is near median its historical median of 21.21. According to the industry distribution chart, Icom ranks #210 out of 2492 companies in the Hardware industry, placing it in the top 8.4%.
Is Icom's Earnings Yield (Joel Greenblatt) % too high?
Icom's current Earnings Yield (Joel Greenblatt) % of 22.88% is near median its 10-year median of 21.21. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.15. Icom's value of 22.88% is 964.2% above this industry median. Based on the distribution chart, Icom ranks #210 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Icom has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Icom's Earnings Yield (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Icom ranks #210 out of 2492 companies for Earnings Yield (Joel Greenblatt) %. This places Icom in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.15. Icom's value of 22.88% is 964.2% above this benchmark. While the company's 10-year median is 21.21 vs. the industry median of 2.15, Icom 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.15, based on 2,492 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. Icom's current Earnings Yield (Joel Greenblatt) % of 22.88% is 964.2% 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 Icom and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icom's current Earnings Yield (Joel Greenblatt) % is 22.88%, which is near median its own 10-year median of 21.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icom stock overvalued right now?
Icom (ICOIF) has a current Earnings Yield (Joel Greenblatt) % of 22.88%. The current Earnings Yield (Joel Greenblatt) % is 22.88%, which is near median its 10-year median of 21.21 and 964.2% above the Hardware industry median of 2.15. Icom's overall GF Score™ is 80/100 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 Icom (ICOIF), the current Earnings Yield (Joel Greenblatt) % is 22.88% 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.
Icom Inc manufactures and sells telecommunications equipment. The company's product portfolio consists of land mobile radio, amateur radio, marine radio, navigation products, aviation radio and communications receivers. It operates in four segments Japan, North America including the United States and Canada, Europe including Germany and Spain, and Asia & Oceania including Australia, Taiwan, and China. The majority of the revenues are derived from the sale of telecommunications equipment in Japan.
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