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Formul Plastik Ve Metalnayi ASIST:FRMPL +9.15%23 Earnings Yield (Joel Greenblatt) % is 7.52% as of Jun. 2026, which is 39% below its 10-year median of 12.24. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 417 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks better than 59.23% on this metric.
Formul Plastik Ve Metalnayi AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺5,560 Mil.
Formul Plastik Ve Metalnayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺418 Mil. Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 7.52%.
The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IST:FRMPL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.85 Med: 12.24 Max: 14.92
Current: 6.85
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of Formul Plastik Ve Metalnayi AS was 14.92%. The lowest was 6.85%. And the median was 12.24%.
IST:FRMPL's Earnings Yield (Joel Greenblatt) % is ranked better than 59.23% of 417
companies
in the Building Materials industry
Industry Median: 5.34
vs IST:FRMPL: 6.85
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) %. Formul Plastik Ve Metalnayi AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Formul Plastik Ve Metalnayi AS (IST:FRMPL) 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.
Formul Plastik Ve Metalnayi AS Earnings Yield (Joel Greenblatt) % Chart
For the Building Materials subindustry, Formul Plastik Ve Metalnayi AS'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.
Formul Plastik Ve Metalnayi AS Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % falls into.
Formul Plastik Ve Metalnayi AS 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.
Formul Plastik Ve Metalnayi ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as
Formul Plastik Ve Metalnayi AS'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 ₺418 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.52% mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Earnings Yield (Joel Greenblatt) % of 7.52% 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 Formul Plastik Ve Metalnayi AS and its competitors. This is 39% below median its historical median of 12.24. Over the past decade, Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % has ranged from 6.85 to 14.92. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #170 out of 417 companies in the Building Materials industry, placing it in the top 40.8%.
Is Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % too high?
Formul Plastik Ve Metalnayi AS's current Earnings Yield (Joel Greenblatt) % of 7.52% is 39% below median its 10-year median of 12.24. Over the past 10 years, this metric has ranged from a low of 6.85 to a high of 14.92. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.34. Formul Plastik Ve Metalnayi AS's value of 7.52% is 40.8% above this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #170 out of 417 companies in the Building Materials industry, which is above the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #170 out of 417 companies for Earnings Yield (Joel Greenblatt) %. This puts Formul Plastik Ve Metalnayi AS in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.34. Formul Plastik Ve Metalnayi AS's value of 7.52% is 40.8% above this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Earnings Yield (Joel Greenblatt) % has ranged from 6.85 to 14.92 over the past decade. While the company's 10-year median is 12.24 vs. the industry median of 5.34, Formul Plastik Ve Metalnayi AS 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.34, based on 417 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. Formul Plastik Ve Metalnayi AS's current Earnings Yield (Joel Greenblatt) % of 7.52% is 40.8% 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 Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Earnings Yield (Joel Greenblatt) % is 7.52%, which is 39% below median its own 10-year median of 12.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Earnings Yield (Joel Greenblatt) % of 7.52%. The current Earnings Yield (Joel Greenblatt) % is 7.52%, which is 39% below median its 10-year median of 12.24 and 40.8% above the Building Materials industry median of 5.34. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Earnings Yield (Joel Greenblatt) % is 7.52% 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.
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score
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