Rafhan Maize Product Co (KAR:RMPL) Earnings Yield (Joel Greenblatt) %: 15.29% (As of Mar. 2026) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

KAR:RMPL Rafhan Maize Product Co Ltd KAR:RMPL
99 GF Score
Price ₨9,470.53
GF Value ₨9,786.49
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Rafhan Maize Product Co Earnings Yield (Joel Greenblatt) %?

Rafhan Maize Product Co KAR:RMPL 99 Earnings Yield (Joel Greenblatt) % is 15.29% as of Mar. 2026, which is 30% above its 10-year median of 11.79. GuruFocus rates KAR:RMPL with a GF Score™ of 99/100 and a GF Value™ of ₨9,786.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,025 Consumer Packaged Goods companies, Rafhan Maize Product Co ranks better than 83.6% on this metric.

Rafhan Maize Product Co's Enterprise Value for the quarter that ended in Mar. 2026 was ₨75,064 Mil. Rafhan Maize Product Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₨11,476 Mil. Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 15.29%.

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

KAR:RMPL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.19   Med: 11.79   Max: 20.02
Current: 14.1

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Rafhan Maize Product Co was 20.02%. The lowest was 7.19%. And the median was 11.79%.

KAR:RMPL's Earnings Yield (Joel Greenblatt) % is ranked better than
83.6% of 2025 companies
in the Consumer Packaged Goods industry
Industry Median: 5.99 vs KAR:RMPL: 14.10

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) %. Rafhan Maize Product Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 11.53%. 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.


Rafhan Maize Product Co  (KAR:RMPL) 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.


Rafhan Maize Product Co Earnings Yield (Joel Greenblatt) % Related Terms


Rafhan Maize Product Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Earnings Yield (Joel Greenblatt) % Chart

Rafhan Maize Product Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.80 12.32 14.16 16.58 12.85

Rafhan Maize Product Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 16.50 15.85 12.80 12.85 15.29

KAR:RMPL vs ADM, BG, TSN: Earnings Yield (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) % falls into.


KAR:RMPL
99GF Score
Rafhan Maize Product Co Ltd KAR:RMPL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafhan Maize Product Co 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.

Rafhan Maize Product Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11442.746/89060.02632
=12.85 %

Rafhan Maize Product Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨11,476 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 15.29% mean?
Rafhan Maize Product Co (KAR:RMPL) has a Earnings Yield (Joel Greenblatt) % of 15.29% 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 Rafhan Maize Product Co and its competitors. This is 30% above median its historical median of 11.79. Over the past decade, Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) % has ranged from 7.19 to 20.02. According to the industry distribution chart, Rafhan Maize Product Co ranks #332 out of 2025 companies in the Consumer Packaged Goods industry, placing it in the top 16.4%.
Is Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) % too high?
Rafhan Maize Product Co's current Earnings Yield (Joel Greenblatt) % of 15.29% is 30% above median its 10-year median of 11.79. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 20.02. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 5.99. Rafhan Maize Product Co's value of 15.29% is 155.3% above this industry median. Based on the distribution chart, Rafhan Maize Product Co ranks #332 out of 2025 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Rafhan Maize Product Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rafhan Maize Product Co's Earnings Yield (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Rafhan Maize Product Co ranks #332 out of 2025 companies for Earnings Yield (Joel Greenblatt) %. This places Rafhan Maize Product Co in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.99. Rafhan Maize Product Co's value of 15.29% is 155.3% above this benchmark. Historically, Rafhan Maize Product Co's own Earnings Yield (Joel Greenblatt) % has ranged from 7.19 to 20.02 over the past decade. While the company's 10-year median is 11.79 vs. the industry median of 5.99, Rafhan Maize Product Co 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 Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 5.99, based on 2,025 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. Rafhan Maize Product Co's current Earnings Yield (Joel Greenblatt) % of 15.29% is 155.3% 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 Rafhan Maize Product Co and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rafhan Maize Product Co's current Earnings Yield (Joel Greenblatt) % is 15.29%, which is 30% above median its own 10-year median of 11.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafhan Maize Product Co stock overvalued right now?
Based on GuruFocus' analysis, Rafhan Maize Product Co (KAR:RMPL) is currently considered Fairly Valued. The stock's GF Value™ is ₨9,786.49, compared to a current price of ₨9,470.53 — trading 3.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 15.29%, which is 30% above median its 10-year median of 11.79 and 155.3% above the Consumer Packaged Goods industry median of 5.99. Rafhan Maize Product Co's overall GF Score™ is 99/100 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 Rafhan Maize Product Co (KAR:RMPL), the current Earnings Yield (Joel Greenblatt) % is 15.29% 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 Rafhan Maize Product Co (KAR:RMPL) Overvalued in 2026?

Based on GuruFocus' analysis, Rafhan Maize Product Co stock appears to be undervalued. The current stock price of ₨9,470.53 is trading 3.2% below its estimated GF Value™ of ₨9,786.49. GuruFocus considers Rafhan Maize Product Co to be Fairly Valued.

Key valuation signals for KAR:RMPL:

  • Earnings Yield (Joel Greenblatt) %: 15.29% (30% above median its 10-year median of 11.79)
  • GF Value™: ₨9,786.49 vs. price of ₨9,470.53 (3.2% below fair value)
  • GF Score™: 99/100 with 5 warning signs
  • Industry Position: 155.3% above the Consumer Packaged Goods median (#332 of 2025)

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


Rafhan Maize Product Co Business Description

Address Rakh Canal, East Road, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. Its products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.
99GF Score

Get the complete analysis for KAR:RMPL

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

₨9,470.53
Price
₨9,786.49
GF Value