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KindenKNDEF 82 Earnings Yield (Joel Greenblatt) % is 8.14% as of Mar. 2026, which is 53% below its 10-year median of 17.15. GuruFocus rates KNDEF with a GF Score™ of 82/100 and a GF Value™ of $8.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,804 Construction companies, Kinden ranks better than 61.03% on this metric.
Kinden's Enterprise Value for the quarter that ended in Mar. 2026 was $2,032 Mil.
Kinden's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $674 Mil. Kinden's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.14%.
The historical rank and industry rank for Kinden's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
KNDEF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.75 Med: 17.15 Max: 34.99
Current: 8.98
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kinden was 34.99%. The lowest was 5.75%. And the median was 17.15%.
KNDEF's Earnings Yield (Joel Greenblatt) % is ranked better than 61.03% of 1804
companies
in the Construction industry
Industry Median: 6.405
vs KNDEF: 8.98
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) %. Kinden's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 19.54%. 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.
Kinden Earnings Yield (Joel Greenblatt) % Related Terms
Kinden Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kinden'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.
For the Engineering & Construction subindustry, Kinden'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.
Kinden Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Kinden's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kinden'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.
Kindens Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Kinden'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 $674 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.14% mean?
Kinden (KNDEF) has a Earnings Yield (Joel Greenblatt) % of 8.14% 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 Kinden and its competitors. This is 53% below median its historical median of 17.15. Over the past decade, Kinden's Earnings Yield (Joel Greenblatt) % has ranged from 5.75 to 34.99. According to the industry distribution chart, Kinden ranks #703 out of 1804 companies in the Construction industry, placing it in the top 39%.
Is Kinden's Earnings Yield (Joel Greenblatt) % too high?
Kinden's current Earnings Yield (Joel Greenblatt) % of 8.14% is 53% below median its 10-year median of 17.15. Over the past 10 years, this metric has ranged from a low of 5.75 to a high of 34.99. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.41. Kinden's value of 8.14% is 27.1% above this industry median. Based on the distribution chart, Kinden ranks #703 out of 1804 companies in the Construction industry, which is above the industry midpoint. Overall, Kinden has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinden's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Kinden ranks #703 out of 1804 companies for Earnings Yield (Joel Greenblatt) %. This puts Kinden in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.41. Kinden's value of 8.14% is 27.1% above this benchmark. Historically, Kinden's own Earnings Yield (Joel Greenblatt) % has ranged from 5.75 to 34.99 over the past decade. While the company's 10-year median is 17.15 vs. the industry median of 6.41, Kinden 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.41, based on 1,804 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. Kinden's current Earnings Yield (Joel Greenblatt) % of 8.14% is 27.1% 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 Kinden and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinden's current Earnings Yield (Joel Greenblatt) % is 8.14%, which is 53% below median its own 10-year median of 17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinden stock overvalued right now?
Based on GuruFocus' analysis, Kinden (KNDEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.48, compared to a current price of $44.02 — trading 419% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.14%, which is 53% below median its 10-year median of 17.15 and 27.1% above the Construction industry median of 6.41. Kinden's overall GF Score™ is 82/100 with 1 warning sign 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 Kinden (KNDEF), the current Earnings Yield (Joel Greenblatt) % is 8.14% 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 Kinden (KNDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Kinden stock appears to be overvalued.
The current stock price of $44.02 is trading 419% above its estimated GF Value™ of $8.48.
GuruFocus considers Kinden to be Significantly Overvalued.
Key valuation signals for KNDEF:
Earnings Yield (Joel Greenblatt) %: 8.14% (53% below median its 10-year median of 17.15)
GF Value™: $8.48 vs. price of $44.02 (419% above fair value)
Industry Position: 27.1% above the Construction median (#703 of 1804)
No single metric tells the full story. See the KNDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kinden Corp is a Japanese industrial company specializing in facility construction and the electrical construction business. Its operations cover a wide range of activities, including power distribution, electrical installations for buildings and factories, power transmission line projects, and substation-related work. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.
82GF Score
Get the complete analysis for KNDEF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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