Ion Beam ApplicationsIOBCF 81 Earnings Yield (Joel Greenblatt) % is 5.29% as of Dec. 2025, which is 68% above its 10-year median of 3.15. GuruFocus rates IOBCF with a GF Score™ of 81/100 and a GF Value™ of $18.56 (Fairly Valued). The stock has 10 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Ion Beam Applications ranks better than 67.49% on this metric.
Ion Beam Applications's Enterprise Value for the quarter that ended in Dec. 2025 was $508.7 Mil.
Ion Beam Applications's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $26.6 Mil. Ion Beam Applications's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.29%.
The historical rank and industry rank for Ion Beam Applications's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IOBCF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.56 Med: 3.15 Max: 12.05
Current: 4.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ion Beam Applications was 12.05%. The lowest was -6.56%. And the median was 3.15%.
IOBCF's Earnings Yield (Joel Greenblatt) % is ranked better than 67.49% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 0.74
vs IOBCF: 4.34
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) %. Ion Beam Applications's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 3.65%. 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.
Ion Beam Applications (OTCPK:IOBCF) 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.
Ion Beam Applications Earnings Yield (Joel Greenblatt) % Related Terms
Ion Beam Applications Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Ion Beam Applications'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.
Ion Beam Applications Earnings Yield (Joel Greenblatt) % Chart
For the Medical Devices subindustry, Ion Beam Applications'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.
Ion Beam Applications Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ion Beam Applications's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ion Beam Applications's Earnings Yield (Joel Greenblatt) % falls into.
Ion Beam Applications 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.
Ion Beam Applicationss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 5.29% mean?
Ion Beam Applications (IOBCF) has a Earnings Yield (Joel Greenblatt) % of 5.29% 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 Ion Beam Applications and its competitors. This is 68% above median its historical median of 3.15. According to the industry distribution chart, Ion Beam Applications ranks #278 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 32.5%.
Is Ion Beam Applications' Earnings Yield (Joel Greenblatt) % too high?
Ion Beam Applications' current Earnings Yield (Joel Greenblatt) % of 5.29% is 68% above median its 10-year median of 3.15. The Medical Devices & Instruments industry median Earnings Yield (Joel Greenblatt) % is 0.74. Ion Beam Applications' value of 5.29% is 614.9% above this industry median. Based on the distribution chart, Ion Beam Applications ranks #278 out of 855 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Ion Beam Applications has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ion Beam Applications' Earnings Yield (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ion Beam Applications ranks #278 out of 855 companies for Earnings Yield (Joel Greenblatt) %. This puts Ion Beam Applications in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.74. Ion Beam Applications' value of 5.29% is 614.9% above this benchmark. While the company's 10-year median is 3.15 vs. the industry median of 0.74, Ion Beam Applications 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 Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 0.74, based on 855 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. Ion Beam Applications's current Earnings Yield (Joel Greenblatt) % of 5.29% is 614.9% 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 Ion Beam Applications and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Beam Applications's current Earnings Yield (Joel Greenblatt) % is 5.29%, which is 68% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Beam Applications stock overvalued right now?
Based on GuruFocus' analysis, Ion Beam Applications (IOBCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.56, compared to a current price of $19.18 — trading 3.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.29%, which is 68% above median its 10-year median of 3.15 and 614.9% above the Medical Devices & Instruments industry median of 0.74. Ion Beam Applications' overall GF Score™ is 81/100 with 10 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 Ion Beam Applications (IOBCF), the current Earnings Yield (Joel Greenblatt) % is 5.29% 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 Ion Beam Applications (IOBCF) Overvalued in 2026?
Based on GuruFocus' analysis, Ion Beam Applications stock appears to be overvalued.
The current stock price of $19.18 is trading 3.3% above its estimated GF Value™ of $18.56.
GuruFocus considers Ion Beam Applications to be Fairly Valued.
Key valuation signals for IOBCF:
Earnings Yield (Joel Greenblatt) %: 5.29% (68% above median its 10-year median of 3.15)
GF Value™: $18.56 vs. price of $19.18 (3.3% above fair value)
Industry Position: 614.9% above the Medical Devices & Instruments median (#278 of 855)
No single metric tells the full story. See the IOBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in three segments: IBA Clinical, including Proton Therapy and Dosimetry; IBA Technologies; and IBA Corporate. Proton therapy and other accelerators contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, China, Germany, and India.
81GF 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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