Vunani (JSE:VUN) Earnings Yield (Joel Greenblatt) %: 23.58% (As of Feb. 2026) — 12% Below Median

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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.
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Founder & CEO of GuruFocus
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.

JSE:VUN Vunani Ltd JSE:VUN
76 GF Score
Price R1.91
GF Value R2.74
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Vunani Earnings Yield (Joel Greenblatt) %?

Vunani JSE:VUN 76 Earnings Yield (Joel Greenblatt) % is 23.58% as of Feb. 2026, which is 12% below its 10-year median of 26.76. GuruFocus rates JSE:VUN with a GF Score™ of 76/100 and a GF Value™ of R2.74 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 772 Capital Markets companies, Vunani ranks better than 89.64% on this metric.

Vunani's Enterprise Value for the quarter that ended in Feb. 2026 was R285.9 Mil. Vunani's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was R67.4 Mil. Vunani's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 23.58%.

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

JSE:VUN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.03   Med: 26.76   Max: 221.03
Current: 28.41

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Vunani was 221.03%. The lowest was -23.03%. And the median was 26.76%.

JSE:VUN's Earnings Yield (Joel Greenblatt) % is ranked better than
89.64% of 772 companies
in the Capital Markets industry
Industry Median: 2.835 vs JSE:VUN: 28.41

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) %. Vunani's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 12.03%. 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.


Vunani  (JSE:VUN) 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.


Vunani Earnings Yield (Joel Greenblatt) % Related Terms


Vunani Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vunani'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.

Vunani Earnings Yield (Joel Greenblatt) % Chart

Vunani Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.31 34.13 23.70 13.97 23.58

Vunani Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 23.70 0.00 13.97 0.00 23.58

JSE:VUN vs MS, GS, SCHW: Earnings Yield (Joel Greenblatt) % Comparison

For the Capital Markets subindustry, Vunani'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.


Vunani Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vunani's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Vunani's Earnings Yield (Joel Greenblatt) % falls into.


JSE:VUN
76GF Score
Vunani Ltd JSE:VUN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vunani 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.

Vunanis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=67.438/285.85718
=23.59 %

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 23.58% mean?
Vunani (JSE:VUN) has a Earnings Yield (Joel Greenblatt) % of 23.58% 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 Vunani and its competitors. This is 12% below median its historical median of 26.76. According to the industry distribution chart, Vunani ranks #80 out of 772 companies in the Capital Markets industry, placing it in the top 10.4%.
Is Vunani's Earnings Yield (Joel Greenblatt) % too high?
Vunani's current Earnings Yield (Joel Greenblatt) % of 23.58% is 12% below median its 10-year median of 26.76. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.84. Vunani's value of 23.58% is 731.7% above this industry median. Based on the distribution chart, Vunani ranks #80 out of 772 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Vunani has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vunani's Earnings Yield (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Vunani ranks #80 out of 772 companies for Earnings Yield (Joel Greenblatt) %. This places Vunani in the top 10% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.84. Vunani's value of 23.58% is 731.7% above this benchmark. While the company's 10-year median is 26.76 vs. the industry median of 2.84, Vunani 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.84, based on 772 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. Vunani's current Earnings Yield (Joel Greenblatt) % of 23.58% is 731.7% 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 Vunani and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vunani's current Earnings Yield (Joel Greenblatt) % is 23.58%, which is 12% below median its own 10-year median of 26.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vunani stock overvalued right now?
Based on GuruFocus' analysis, Vunani (JSE:VUN) is currently considered Possible Value Trap. The stock's GF Value™ is R2.74, compared to a current price of R1.91 — trading 30.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 23.58%, which is 12% below median its 10-year median of 26.76 and 731.7% above the Capital Markets industry median of 2.84. Vunani's overall GF Score™ is 76/100 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 Vunani (JSE:VUN), the current Earnings Yield (Joel Greenblatt) % is 23.58% 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 Vunani (JSE:VUN) Overvalued in 2026?

Based on GuruFocus' analysis, Vunani stock appears to be undervalued. The current stock price of R1.91 is trading 30.3% below its estimated GF Value™ of R2.74. GuruFocus considers Vunani to be Possible Value Trap.

Key valuation signals for JSE:VUN:

  • Earnings Yield (Joel Greenblatt) %: 23.58% (12% below median its 10-year median of 26.76)
  • GF Value™: R2.74 vs. price of R1.91 (30.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 731.7% above the Capital Markets median (#80 of 772)

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


Vunani Business Description

Address 151 Katherine Street, Vunani House, Vunani Office Park, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Vunani Ltd is a financial services company. The company has five reportable segments: fund management, asset administration, advisory services, institutional securities broking, and insurance. The fund management comprises institutional and retail product offerings, which include equities, bonds, inflation-linked bonds, and property. The advisory segment provides corporate advisory and investment services. The institutional securities broking provides equity, derivative, and capital market trading services for institutional clients. The insurance segment provides short-term insurance, medical aid, individual life, and employee benefits in Eswatini. The asset administration provides beneficiary fund services for minor dependents of deceased retirement fund members.
76GF Score

Get the complete analysis for JSE:VUN

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

R1.91
Price
R2.74
GF Value