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IGM FinancialIGIFF -0.64%84 Earnings Yield (Joel Greenblatt) % is 7.55% as of Jun. 2026, which is 7% above its 10-year median of 7.05. GuruFocus rates IGIFF with a GF Score™ of 84/100 and a GF Value™ of $37.19 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,631 Asset Management companies, IGM Financial ranks better than 81.73% on this metric.
IGM Financial's Enterprise Value for the quarter that ended in Jun. 2026 was $15,415 Mil.
IGM Financial's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $1,189 Mil. IGM Financial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 7.55%.
The historical rank and industry rank for IGM Financial's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IGIFF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.59 Med: 7.05 Max: 10.46
Current: 6.93
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of IGM Financial was 10.46%. The lowest was 4.59%. And the median was 7.05%.
IGIFF's Earnings Yield (Joel Greenblatt) % is ranked better than 81.73% of 1631
companies
in the Asset Management industry
Industry Median: 0
vs IGIFF: 6.93
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) %. IGM Financial's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 8.36%. 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.
IGM Financial Earnings Yield (Joel Greenblatt) % Related Terms
IGM Financial Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for IGM Financial'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, IGM Financial'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.
IGM Financial Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IGM Financial's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IGM Financial'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.
IGM Financials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
IGM Financial'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 $1,189 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.55% mean?
IGM Financial (IGIFF) has a Earnings Yield (Joel Greenblatt) % of 7.55% 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 IGM Financial and its competitors. This is near median its historical median of 7.05. Over the past decade, IGM Financial's Earnings Yield (Joel Greenblatt) % has ranged from 4.59 to 10.46. According to the industry distribution chart, IGM Financial ranks #298 out of 1631 companies in the Asset Management industry, placing it in the top 18.3%.
Is IGM Financial's Earnings Yield (Joel Greenblatt) % too high?
IGM Financial's current Earnings Yield (Joel Greenblatt) % of 7.55% is near median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 10.46. Based on the distribution chart, IGM Financial ranks #298 out of 1631 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, IGM Financial has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #298 out of 1631 companies for Earnings Yield (Joel Greenblatt) %. This places IGM Financial in the top 18% of its industry — outperforming the majority of peers. Historically, IGM Financial's own Earnings Yield (Joel Greenblatt) % has ranged from 4.59 to 10.46 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 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 IGM Financial and its competitors. IGM Financial's current Earnings Yield (Joel Greenblatt) % is 7.55%, which is near median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (IGIFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.19, compared to a current price of $63.78 — trading 71.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.55%, which is near median its 10-year median of 7.05. IGM Financial's overall GF Score™ is 84/100 with 9 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 IGM Financial (IGIFF), the current Earnings Yield (Joel Greenblatt) % is 7.55% 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 IGM Financial (IGIFF) Overvalued in 2026?
Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued.
The current stock price of $63.78 is trading 71.5% above its estimated GF Value™ of $37.19.
GuruFocus considers IGM Financial to be Significantly Overvalued.
Key valuation signals for IGIFF:
Earnings Yield (Joel Greenblatt) %: 7.55% (near median its 10-year median of 7.05)
GF Value™: $37.19 vs. price of $63.78 (71.5% above fair value)
No single metric tells the full story. See the IGIFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
84GF Score
Get the complete analysis for IGIFF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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