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Erciyas Celik BorunayiIST:ERCB +1.78%24 Earnings Yield (Joel Greenblatt) % is 10.40% as of Mar. 2026, which is 111% above its 10-year median of 4.93. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺93.89 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 630 Steel companies, Erciyas Celik Borunayi ranks better than 75.4% on this metric.
Erciyas Celik Borunayi's Enterprise Value for the quarter that ended in Mar. 2026 was ₺9,748 Mil.
Erciyas Celik Borunayi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,013 Mil. Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.40%.
The historical rank and industry rank for Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IST:ERCB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.4 Med: 4.93 Max: 16.33
Current: 10.48
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Erciyas Celik Borunayi was 16.33%. The lowest was 1.40%. And the median was 4.93%.
IST:ERCB's Earnings Yield (Joel Greenblatt) % is ranked better than 75.4% of 630
companies
in the Steel industry
Industry Median: 5.375
vs IST:ERCB: 10.48
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) %. Erciyas Celik Borunayi's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
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.
Erciyas Celik Borunayi Earnings Yield (Joel Greenblatt) % Related Terms
Erciyas Celik Borunayi Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Erciyas Celik Borunayi'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 Steel subindustry, Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi'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.
Erciyas Celik Borunayis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Erciyas Celik Borunayi'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 ₺1,013 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.40% mean?
Erciyas Celik Borunayi (IST:ERCB) has a Earnings Yield (Joel Greenblatt) % of 10.40% 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 Erciyas Celik Borunayi and its competitors. This is 111% above median its historical median of 4.93. Over the past decade, Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % has ranged from 1.40 to 16.33. According to the industry distribution chart, Erciyas Celik Borunayi ranks #155 out of 630 companies in the Steel industry, placing it in the top 24.6%.
Is Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % too high?
Erciyas Celik Borunayi's current Earnings Yield (Joel Greenblatt) % of 10.40% is 111% above median its 10-year median of 4.93. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 16.33. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.38. Erciyas Celik Borunayi's value of 10.40% is 93.5% above this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #155 out of 630 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #155 out of 630 companies for Earnings Yield (Joel Greenblatt) %. This places Erciyas Celik Borunayi in the top 25% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.38. Erciyas Celik Borunayi's value of 10.40% is 93.5% above this benchmark. Historically, Erciyas Celik Borunayi's own Earnings Yield (Joel Greenblatt) % has ranged from 1.40 to 16.33 over the past decade. While the company's 10-year median is 4.93 vs. the industry median of 5.38, Erciyas Celik Borunayi 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.38, based on 630 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. Erciyas Celik Borunayi's current Earnings Yield (Joel Greenblatt) % of 10.40% is 93.5% 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 Erciyas Celik Borunayi and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current Earnings Yield (Joel Greenblatt) % is 10.40%, which is 111% above median its own 10-year median of 4.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺93.89, compared to a current price of ₺48.12 — trading 48.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.40%, which is 111% above median its 10-year median of 4.93 and 93.5% above the Steel industry median of 5.38. Erciyas Celik Borunayi's overall GF Score™ is 24/100 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 Erciyas Celik Borunayi (IST:ERCB), the current Earnings Yield (Joel Greenblatt) % is 10.40% 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.
Is Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺48.12 is trading 48.7% below its estimated GF Value™ of ₺93.89.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
Earnings Yield (Joel Greenblatt) %: 10.40% (111% above median its 10-year median of 4.93)
GF Value™: ₺93.89 vs. price of ₺48.12 (48.7% below fair value)
Industry Position: 93.5% above the Steel median (#155 of 630)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
24GF 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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