NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Earnings Yield (Joel Greenblatt) %: 23.53% (As of Jun. 2026) — 31% Above Median

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IST:NTGAZ NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
82 GF Score
Price ₺11.30
GF Value ₺9.48
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NATURELGAZNAYI VE TICARET AS Earnings Yield (Joel Greenblatt) %?

NATURELGAZNAYI VE TICARET AS IST:NTGAZ +1.71% 82 Earnings Yield (Joel Greenblatt) % is 23.53% as of Jun. 2026, which is 31% above its 10-year median of 18.02. GuruFocus rates IST:NTGAZ with a GF Score™ of 82/100 and a GF Value™ of ₺9.48 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,034 Oil & Gas companies, NATURELGAZNAYI VE TICARET AS ranks better than 91.3% on this metric.

NATURELGAZNAYI VE TICARET AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺7,539 Mil. NATURELGAZNAYI VE TICARET AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺1,775 Mil. NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 23.53%.

The historical rank and industry rank for NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:NTGAZ' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.57   Med: 18.02   Max: 72.23
Current: 23.75

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of NATURELGAZNAYI VE TICARET AS was 72.23%. The lowest was 4.57%. And the median was 18.02%.

IST:NTGAZ's Earnings Yield (Joel Greenblatt) % is ranked better than
91.3% of 1034 companies
in the Oil & Gas industry
Industry Median: 5.24 vs IST:NTGAZ: 23.75

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) %. NATURELGAZNAYI VE TICARET AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 26.80%. 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.


NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


NATURELGAZNAYI VE TICARET AS Earnings Yield (Joel Greenblatt) % Related Terms


NATURELGAZNAYI VE TICARET AS Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NATURELGAZNAYI VE TICARET AS'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.

NATURELGAZNAYI VE TICARET AS Earnings Yield (Joel Greenblatt) % Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 5.64 27.55 4.03 19.08 21.05

NATURELGAZNAYI VE TICARET AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.25 25.38 21.05 23.81 23.53

IST:NTGAZ vs WMB, EPD, ET: Earnings Yield (Joel Greenblatt) % Comparison

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET 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.


NATURELGAZNAYI VE TICARET AS Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % falls into.


IST:NTGAZ
82GF Score
NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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NATURELGAZNAYI VE TICARET 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.

NATURELGAZNAYI VE TICARET ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1527.949/7253.417
=21.07 %

NATURELGAZNAYI VE TICARET 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 ₺1,775 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 23.53% mean?
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) has a Earnings Yield (Joel Greenblatt) % of 23.53% 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 NATURELGAZNAYI VE TICARET AS and its competitors. This is 31% above median its historical median of 18.02. Over the past decade, NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % has ranged from 4.57 to 72.23. According to the industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #90 out of 1034 companies in the Oil & Gas industry, placing it in the top 8.7%.
Is NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % too high?
NATURELGAZNAYI VE TICARET AS's current Earnings Yield (Joel Greenblatt) % of 23.53% is 31% above median its 10-year median of 18.02. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 72.23. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.24. NATURELGAZNAYI VE TICARET AS's value of 23.53% is 349% above this industry median. Based on the distribution chart, NATURELGAZNAYI VE TICARET AS ranks #90 out of 1034 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NATURELGAZNAYI VE TICARET AS has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #90 out of 1034 companies for Earnings Yield (Joel Greenblatt) %. This places NATURELGAZNAYI VE TICARET AS in the top 9% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.24. NATURELGAZNAYI VE TICARET AS's value of 23.53% is 349% above this benchmark. Historically, NATURELGAZNAYI VE TICARET AS's own Earnings Yield (Joel Greenblatt) % has ranged from 4.57 to 72.23 over the past decade. While the company's 10-year median is 18.02 vs. the industry median of 5.24, NATURELGAZNAYI VE TICARET 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.24, based on 1,034 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. NATURELGAZNAYI VE TICARET AS's current Earnings Yield (Joel Greenblatt) % of 23.53% is 349% 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 NATURELGAZNAYI VE TICARET AS and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NATURELGAZNAYI VE TICARET AS's current Earnings Yield (Joel Greenblatt) % is 23.53%, which is 31% above median its own 10-year median of 18.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NATURELGAZNAYI VE TICARET AS stock overvalued right now?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺9.48, compared to a current price of ₺11.30 — trading 19.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 23.53%, which is 31% above median its 10-year median of 18.02 and 349% above the Oil & Gas industry median of 5.24. NATURELGAZNAYI VE TICARET AS's overall GF Score™ is 82/100 with 3 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ), the current Earnings Yield (Joel Greenblatt) % is 23.53% 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS stock appears to be overvalued. The current stock price of ₺11.30 is trading 19.2% above its estimated GF Value™ of ₺9.48. GuruFocus considers NATURELGAZNAYI VE TICARET AS to be Modestly Overvalued.

Key valuation signals for IST:NTGAZ:

  • Earnings Yield (Joel Greenblatt) %: 23.53% (31% above median its 10-year median of 18.02)
  • GF Value™: ₺9.48 vs. price of ₺11.30 (19.2% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 349% above the Oil & Gas median (#90 of 1034)

No single metric tells the full story. See the IST:NTGAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NATURELGAZNAYI VE TICARET AS Business Description

Industry EnergyOil & Gas
Address Ali Kaya Street, Esentepe Neighborhood, Polat Plaza B Block No: 1/1, Interior Door No: 86, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS activities of transmitting natural gas via CNG transport units to consumers who need natural gas but do not have access to pipelines, such as industrial establishments, factories, asphalt construction sites, hotels, and institutions requiring heating.
82GF Score

Get the complete analysis for IST:NTGAZ

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺11.30
Price
₺9.48
GF Value