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Adcorp HoldingsJSE:ADR +0.64%61 Earnings Yield (Joel Greenblatt) % is 31.65% as of Feb. 2026, which is 116% above its 10-year median of 14.67. GuruFocus rates JSE:ADR with a GF Score™ of 61/100 and a GF Value™ of R4.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,102 Business Services companies, Adcorp Holdings ranks better than 93.92% on this metric.
Adcorp Holdings's Enterprise Value for the quarter that ended in Feb. 2026 was R612 Mil.
Adcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R194 Mil. Adcorp Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 31.65%.
The historical rank and industry rank for Adcorp Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JSE:ADR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.46 Med: 14.67 Max: 57.68
Current: 32.15
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Adcorp Holdings was 57.68%. The lowest was -36.46%. And the median was 14.67%.
JSE:ADR's Earnings Yield (Joel Greenblatt) % is ranked better than 93.92% of 1102
companies
in the Business Services industry
Industry Median: 6.53
vs JSE:ADR: 32.15
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) %. Adcorp Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 33.55%. 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.
Adcorp Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Adcorp Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Adcorp Holdings'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 Staffing & Employment Services subindustry, Adcorp Holdings'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.
Adcorp Holdings Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Adcorp Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Adcorp Holdings'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.
Adcorp Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 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 31.65% mean?
Adcorp Holdings (JSE:ADR) has a Earnings Yield (Joel Greenblatt) % of 31.65% as of Feb. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Adcorp Holdings and its competitors. This is 116% above median its historical median of 14.67. According to the industry distribution chart, Adcorp Holdings ranks #67 out of 1102 companies in the Business Services industry, placing it in the top 6.1%.
Is Adcorp Holdings' Earnings Yield (Joel Greenblatt) % too high?
Adcorp Holdings' current Earnings Yield (Joel Greenblatt) % of 31.65% is 116% above median its 10-year median of 14.67. The Business Services industry median Earnings Yield (Joel Greenblatt) % is 6.53. Adcorp Holdings' value of 31.65% is 384.7% above this industry median. Based on the distribution chart, Adcorp Holdings ranks #67 out of 1102 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Adcorp Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adcorp Holdings' Earnings Yield (Joel Greenblatt) % compare to RHI and KFY?
According to the Business Services industry distribution chart, Adcorp Holdings ranks #67 out of 1102 companies for Earnings Yield (Joel Greenblatt) %. This places Adcorp Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.53. Adcorp Holdings' value of 31.65% is 384.7% above this benchmark. While the company's 10-year median is 14.67 vs. the industry median of 6.53, Adcorp Holdings 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 Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.53, based on 1,102 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. Adcorp Holdings's current Earnings Yield (Joel Greenblatt) % of 31.65% is 384.7% 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 Adcorp Holdings and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adcorp Holdings's current Earnings Yield (Joel Greenblatt) % is 31.65%, which is 116% above median its own 10-year median of 14.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adcorp Holdings (JSE:ADR) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.61, compared to a current price of R6.30 — trading 36.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 31.65%, which is 116% above median its 10-year median of 14.67 and 384.7% above the Business Services industry median of 6.53. Adcorp Holdings' overall GF Score™ is 61/100 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 Adcorp Holdings (JSE:ADR), the current Earnings Yield (Joel Greenblatt) % is 31.65% as of Feb. 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 Adcorp Holdings (JSE:ADR) Overvalued in 2026?
Based on GuruFocus' analysis, Adcorp Holdings stock appears to be overvalued.
The current stock price of R6.30 is trading 36.7% above its estimated GF Value™ of R4.61.
GuruFocus considers Adcorp Holdings to be Significantly Overvalued.
Key valuation signals for JSE:ADR:
Earnings Yield (Joel Greenblatt) %: 31.65% (116% above median its 10-year median of 14.67)
GF Value™: R4.61 vs. price of R6.30 (36.7% above fair value)
Industry Position: 384.7% above the Business Services median (#67 of 1102)
No single metric tells the full story. See the JSE:ADR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Contingent staffing, Professional Services, Business support. and Contingent staffing Australia. The geographical segments are South Africa and International.
61GF 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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