Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tsogo SunJSE:TSG +3.30%81 Earnings Yield (Joel Greenblatt) % is 18.87% as of Mar. 2026, which is 49% above its 10-year median of 12.63. GuruFocus rates JSE:TSG with a GF Score™ of 81/100 and a GF Value™ of R10.69 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 855 Travel & Leisure companies, Tsogo Sun ranks better than 90.53% on this metric.
Tsogo Sun's Enterprise Value for the quarter that ended in Mar. 2026 was R13,223 Mil.
Tsogo Sun's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R2,493 Mil. Tsogo Sun's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 18.87%.
The historical rank and industry rank for Tsogo Sun's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JSE:TSG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.1 Med: 12.63 Max: 19.36
Current: 18.55
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tsogo Sun was 19.36%. The lowest was 4.10%. And the median was 12.63%.
JSE:TSG's Earnings Yield (Joel Greenblatt) % is ranked better than 90.53% of 855
companies
in the Travel & Leisure industry
Industry Median: 4.87
vs JSE:TSG: 18.55
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) %. Tsogo Sun's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 21.98%. 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.
Tsogo Sun (JSE:TSG) 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.
Tsogo Sun Earnings Yield (Joel Greenblatt) % Related Terms
Tsogo Sun Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tsogo Sun'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.
Tsogo Sun Earnings Yield (Joel Greenblatt) % Chart
For the Resorts & Casinos subindustry, Tsogo Sun'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.
Tsogo Sun Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tsogo Sun's Earnings Yield (Joel Greenblatt) % falls into.
Tsogo Sun 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.
Tsogo Suns Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 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 18.87% mean?
Tsogo Sun (JSE:TSG) has a Earnings Yield (Joel Greenblatt) % of 18.87% 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 Tsogo Sun and its competitors. This is 49% above median its historical median of 12.63. Over the past decade, Tsogo Sun's Earnings Yield (Joel Greenblatt) % has ranged from 4.10 to 19.36. According to the industry distribution chart, Tsogo Sun ranks #81 out of 855 companies in the Travel & Leisure industry, placing it in the top 9.5%.
Is Tsogo Sun's Earnings Yield (Joel Greenblatt) % too high?
Tsogo Sun's current Earnings Yield (Joel Greenblatt) % of 18.87% is 49% above median its 10-year median of 12.63. Over the past 10 years, this metric has ranged from a low of 4.10 to a high of 19.36. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.87. Tsogo Sun's value of 18.87% is 287.5% above this industry median. Based on the distribution chart, Tsogo Sun ranks #81 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tsogo Sun has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Earnings Yield (Joel Greenblatt) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #81 out of 855 companies for Earnings Yield (Joel Greenblatt) %. This places Tsogo Sun in the top 10% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.87. Tsogo Sun's value of 18.87% is 287.5% above this benchmark. Historically, Tsogo Sun's own Earnings Yield (Joel Greenblatt) % has ranged from 4.10 to 19.36 over the past decade. While the company's 10-year median is 12.63 vs. the industry median of 4.87, Tsogo Sun 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 Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.87, based on 855 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. Tsogo Sun's current Earnings Yield (Joel Greenblatt) % of 18.87% is 287.5% 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 Tsogo Sun and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current Earnings Yield (Joel Greenblatt) % is 18.87%, which is 49% above median its own 10-year median of 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Significantly Undervalued. The stock's GF Value™ is R10.69, compared to a current price of R7.19 — trading 32.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.87%, which is 49% above median its 10-year median of 12.63 and 287.5% above the Travel & Leisure industry median of 4.87. Tsogo Sun's overall GF Score™ is 81/100 with 5 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 Tsogo Sun (JSE:TSG), the current Earnings Yield (Joel Greenblatt) % is 18.87% 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?
Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued.
The current stock price of R7.19 is trading 32.7% below its estimated GF Value™ of R10.69.
GuruFocus considers Tsogo Sun to be Significantly Undervalued.
Key valuation signals for JSE:TSG:
Earnings Yield (Joel Greenblatt) %: 18.87% (49% above median its 10-year median of 12.63)
GF Value™: R10.69 vs. price of R7.19 (32.7% below fair value)
Industry Position: 287.5% above the Travel & Leisure median (#81 of 855)
No single metric tells the full story. See the JSE:TSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
81GF Score
Get the complete analysis for JSE:TSG
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:TSG has been successfully added to your 
