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KeikyuKHEXF 79 Earnings Yield (Joel Greenblatt) % is 4.93% as of Mar. 2026, which is 48% above its 10-year median of 3.33. GuruFocus rates KHEXF with a GF Score™ of 79/100 and a GF Value™ of $11.78. The stock has 4 warning signs investors should review. Among 566 Conglomerates companies, Keikyu ranks worse than 61.66% on this metric.
Keikyu's Enterprise Value for the quarter that ended in Mar. 2026 was $5,495 Mil.
Keikyu's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $268 Mil. Keikyu's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.93%.
The historical rank and industry rank for Keikyu's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
KHEXF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.47 Med: 3.33 Max: 40.66
Current: 4.64
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Keikyu was 40.66%. The lowest was -3.47%. And the median was 3.33%.
KHEXF's Earnings Yield (Joel Greenblatt) % is ranked worse than 61.66% of 566
companies
in the Conglomerates industry
Industry Median: 6.645
vs KHEXF: 4.64
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) %. Keikyu's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.65%. 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.
Keikyu Earnings Yield (Joel Greenblatt) % Related Terms
Keikyu Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Keikyu'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.
KHEXF vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Keikyu'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.
Keikyu Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Keikyu's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Keikyu'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.
Keikyus Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Keikyu'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 $268 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.93% mean?
Keikyu (KHEXF) has a Earnings Yield (Joel Greenblatt) % of 4.93% 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 Keikyu and its competitors. This is 48% above median its historical median of 3.33. According to the industry distribution chart, Keikyu ranks #349 out of 566 companies in the Conglomerates industry, placing it in the top 61.7%.
Is Keikyu's Earnings Yield (Joel Greenblatt) % too high?
Keikyu's current Earnings Yield (Joel Greenblatt) % of 4.93% is 48% above median its 10-year median of 3.33. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.65. Keikyu's value of 4.93% is 25.8% below this industry median. Based on the distribution chart, Keikyu ranks #349 out of 566 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Keikyu has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Keikyu's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Keikyu ranks #349 out of 566 companies for Earnings Yield (Joel Greenblatt) %. This places Keikyu in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.65. Keikyu's value of 4.93% is 25.8% below this benchmark. While the company's 10-year median is 3.33 vs. the industry median of 6.65, Keikyu has consistently been below 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.65, based on 566 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. Keikyu's current Earnings Yield (Joel Greenblatt) % of 4.93% is 25.8% below 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 Keikyu and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keikyu's current Earnings Yield (Joel Greenblatt) % is 4.93%, which is 48% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keikyu stock overvalued right now?
Keikyu (KHEXF) has a current Earnings Yield (Joel Greenblatt) % of 4.93%. The stock's GF Value™ is $11.78, compared to a current price of $10.37 — trading 12% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.93%, which is 48% above median its 10-year median of 3.33 and 25.8% below the Conglomerates industry median of 6.65. Keikyu's overall GF Score™ is 79/100 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 Keikyu (KHEXF), the current Earnings Yield (Joel Greenblatt) % is 4.93% 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 Keikyu (KHEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Keikyu stock appears to be undervalued.
The current stock price of $10.37 is trading 12% below its estimated GF Value™ of $11.78.
Key valuation signals for KHEXF:
Earnings Yield (Joel Greenblatt) %: 4.93% (48% above median its 10-year median of 3.33)
GF Value™: $11.78 vs. price of $10.37 (12% below fair value)
Industry Position: 25.8% below the Conglomerates median (#349 of 566)
No single metric tells the full story. See the KHEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keikyu Corp operates a variety of businesses mainly along railway lines, focusing on railways and buses. The group has four reportable segments: Transportation, Real Estate, Leisure and Services, and Distribution. The Transportation segment includes train, bus, and taxi services; the Real Estate segment involves land and building sales and rentals; the Leisure and Services segment covers hotels, leisure facilities, golf courses, and restaurants; and the Distribution segment handles sales mainly through department stores and retail operations. It generates the majority of its revenue from the Transportation business segment.
79GF Score
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