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KUW:SHIP's Earnings Yield (Joel Greenblatt) % is ranked worse than 52.54% of 1810
companies
in the Construction industry
Industry Median: 6.425
vs KUW:SHIP: 5.85
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) %. Heavy Engineering Industries and Shipbuilding Co KSC's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 8.36%. 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.
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) 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.
* 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.
Heavy Engineering Industries and Shipbuilding Co KSC Earnings Yield (Joel Greenblatt) % Chart
Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co KSC'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.
Heavy Engineering Industries and Shipbuilding Co KSC Earnings Yield (Joel Greenblatt) % vs Construction Industry
Heavy Engineering Industries and Shipbuilding Co KSC 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.
Heavy Engineering Industries and Shipbuilding Co KSC's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD11.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.53% mean?
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a Earnings Yield (Joel Greenblatt) % of 5.53% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. This is 21% below median its historical median of 7.03. Over the past decade, Heavy Engineering Industries and Shipbuilding Co KSC's Earnings Yield (Joel Greenblatt) % has ranged from 3.82 to 26.02. According to the industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #951 out of 1810 companies in the Construction industry, placing it in the top 52.5%.
Is Heavy Engineering Industries and Shipbuilding Co KSC's Earnings Yield (Joel Greenblatt) % too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current Earnings Yield (Joel Greenblatt) % of 5.53% is 21% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 26.02. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.43. Heavy Engineering Industries and Shipbuilding Co KSC's value of 5.53% is 13.9% below this industry median. Based on the distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #951 out of 1810 companies in the Construction industry, which is below the industry midpoint. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Heavy Engineering Industries and Shipbuilding Co KSC ranks #951 out of 1810 companies for Earnings Yield (Joel Greenblatt) %. This places Heavy Engineering Industries and Shipbuilding Co KSC in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.43. Heavy Engineering Industries and Shipbuilding Co KSC's value of 5.53% is 13.9% below this benchmark. Historically, Heavy Engineering Industries and Shipbuilding Co KSC's own Earnings Yield (Joel Greenblatt) % has ranged from 3.82 to 26.02 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 6.43, Heavy Engineering Industries and Shipbuilding Co KSC 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.43, based on 1,810 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. Heavy Engineering Industries and Shipbuilding Co KSC's current Earnings Yield (Joel Greenblatt) % of 5.53% is 13.9% 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heavy Engineering Industries and Shipbuilding Co KSC's current Earnings Yield (Joel Greenblatt) % is 5.53%, which is 21% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.06, compared to a current price of KWD0.64 — trading 39.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.53%, which is 21% below median its 10-year median of 7.03 and 13.9% below the Construction industry median of 6.43. Heavy Engineering Industries and Shipbuilding Co KSC'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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current Earnings Yield (Joel Greenblatt) % is 5.53% as of Jun. 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued.
The current stock price of KWD0.64 is trading 39.5% below its estimated GF Value™ of KWD1.06.
GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.
Key valuation signals for KUW:SHIP:
Earnings Yield (Joel Greenblatt) %: 5.53% (21% below median its 10-year median of 7.03)
GF Value™: KWD1.06 vs. price of KWD0.64 (39.5% below fair value)
Industry Position: 13.9% below the Construction median (#951 of 1810)
No single metric tells the full story. See the KUW:SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
79GF Score
Get the complete analysis for KUW:SHIP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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