Alexander Forbes Group Holdings (JSE:AFH) Earnings Yield (Joel Greenblatt) %: -17.04% (As of Mar. 2026)

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JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
64 GF Score
Price R7.19
GF Value R8.76
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Alexander Forbes Group Holdings Earnings Yield (Joel Greenblatt) %?

Alexander Forbes Group Holdings JSE:AFH 64 Earnings Yield (Joel Greenblatt) % is -17.04% as of Mar. 2026. GuruFocus rates JSE:AFH with a GF Score™ of 64/100 and a GF Value™ of R8.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 615 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks better than 90.08% on this metric.

Alexander Forbes Group Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was R-6,993 Mil. Alexander Forbes Group Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,191 Mil. Alexander Forbes Group Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -17.04%.

The historical rank and industry rank for Alexander Forbes Group Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

JSE:AFH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1393.8   Med: 8.2   Max: 3650.45
Current: -19.27

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Alexander Forbes Group Holdings was 3650.45%. The lowest was -1393.80%. And the median was 8.20%.

JSE:AFH's Earnings Yield (Joel Greenblatt) % is ranked better than
90.08% of 615 companies
in the Diversified Financial Services industry
Industry Median: -0.22 vs JSE:AFH: -19.27

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) %. Alexander Forbes Group Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 22.41%. 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.


Alexander Forbes Group Holdings  (JSE:AFH) 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.


Alexander Forbes Group Holdings Earnings Yield (Joel Greenblatt) % Related Terms


Alexander Forbes Group Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Alexander Forbes Group 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.

Alexander Forbes Group Holdings Earnings Yield (Joel Greenblatt) % Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.15 -50.00 -48.54 294.12 -17.04

Alexander Forbes Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -48.54 0.00 294.12 0.00 -17.04

JSE:AFH vs FRHC, VOYA: Earnings Yield (Joel Greenblatt) % Comparison

For the Financial Conglomerates subindustry, Alexander Forbes Group 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.


Alexander Forbes Group Holdings Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Alexander Forbes Group Holdings's Earnings Yield (Joel Greenblatt) % falls into.


JSE:AFH
64GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Forbes Group Holdings 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.

Alexander Forbes Group Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1191/-6992.9726
=-17.03 %

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 -17.04% mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Earnings Yield (Joel Greenblatt) % of -17.04% 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 Alexander Forbes Group Holdings and its competitors. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #61 out of 615 companies in the Diversified Financial Services industry, placing it in the top 9.9%.
Is Alexander Forbes Group Holdings' Earnings Yield (Joel Greenblatt) % too high?
Alexander Forbes Group Holdings' current Earnings Yield (Joel Greenblatt) % is -17.04%. Based on the distribution chart, Alexander Forbes Group Holdings ranks #61 out of 615 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Alexander Forbes Group Holdings has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Earnings Yield (Joel Greenblatt) % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #61 out of 615 companies for Earnings Yield (Joel Greenblatt) %. This places Alexander Forbes Group Holdings in the top 10% of its industry — outperforming the majority of peers. 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Alexander Forbes Group Holdings and its competitors. Alexander Forbes Group Holdings's current Earnings Yield (Joel Greenblatt) % is -17.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.76, compared to a current price of R7.19 — trading 17.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -17.04%. Alexander Forbes Group Holdings' overall GF Score™ is 64/100 with 4 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 Alexander Forbes Group Holdings (JSE:AFH), the current Earnings Yield (Joel Greenblatt) % is -17.04% 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.19 is trading 17.9% below its estimated GF Value™ of R8.76. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Earnings Yield (Joel Greenblatt) %: -17.04%
  • GF Value™: R8.76 vs. price of R7.19 (17.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
64GF Score

Get the complete analysis for JSE:AFH

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

R7.19
Price
R8.76
GF Value