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Legacy HousingLEGH +0.79%75 Earnings Yield (Joel Greenblatt) % is 10.06% as of Jun. 2026, which is 11% below its 10-year median of 11.31. GuruFocus rates LEGH with a GF Scoreâ„¢ of 75/100 and a GF Valueâ„¢ of $25.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 99 Homebuilding & Construction companies, Legacy Housing ranks better than 60.61% on this metric.
Legacy Housing's Enterprise Value for the quarter that ended in Jun. 2026 was $596.9 Mil.
Legacy Housing's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $60.0 Mil. Legacy Housing's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 10.06%.
The historical rank and industry rank for Legacy Housing's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LEGH'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.89 Med: 11.31 Max: 23.37
Current: 8.96
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Legacy Housing was 23.37%. The lowest was 7.89%. And the median was 11.31%.
LEGH's Earnings Yield (Joel Greenblatt) % is ranked better than 60.61% of 99
companies
in the Homebuilding & Construction industry
Industry Median: 6.37
vs LEGH: 8.96
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) %. Legacy Housing's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.80%. 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.
Legacy Housing Earnings Yield (Joel Greenblatt) % Related Terms
Legacy Housing Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Legacy Housing'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 Residential Construction subindustry, Legacy Housing'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.
Legacy Housing Earnings Yield (Joel Greenblatt) % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Legacy Housing'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.
Legacy Housings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Legacy Housing'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 $60.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.06% mean?
Legacy Housing (LEGH) has a Earnings Yield (Joel Greenblatt) % of 10.06% 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 Legacy Housing and its competitors. This is 11% below median its historical median of 11.31. Over the past decade, Legacy Housing's Earnings Yield (Joel Greenblatt) % has ranged from 7.89 to 23.37. According to the industry distribution chart, Legacy Housing ranks #39 out of 99 companies in the Homebuilding & Construction industry, placing it in the top 39.4%.
Is Legacy Housing's Earnings Yield (Joel Greenblatt) % too high?
Legacy Housing's current Earnings Yield (Joel Greenblatt) % of 10.06% is 11% below median its 10-year median of 11.31. Over the past 10 years, this metric has ranged from a low of 7.89 to a high of 23.37. The Homebuilding & Construction industry median Earnings Yield (Joel Greenblatt) % is 6.37. Legacy Housing's value of 10.06% is 57.9% above this industry median. Based on the distribution chart, Legacy Housing ranks #39 out of 99 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Legacy Housing has a GF Scoreâ„¢ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Legacy Housing's Earnings Yield (Joel Greenblatt) % compare to HOV and BZH?
According to the Homebuilding & Construction industry distribution chart, Legacy Housing ranks #39 out of 99 companies for Earnings Yield (Joel Greenblatt) %. This puts Legacy Housing in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.37. Legacy Housing's value of 10.06% is 57.9% above this benchmark. Historically, Legacy Housing's own Earnings Yield (Joel Greenblatt) % has ranged from 7.89 to 23.37 over the past decade. While the company's 10-year median is 11.31 vs. the industry median of 6.37, Legacy Housing 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 Homebuilding & Construction company?
The median Earnings Yield (Joel Greenblatt) % among Homebuilding & Construction companies is 6.37, based on 99 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. Legacy Housing's current Earnings Yield (Joel Greenblatt) % of 10.06% is 57.9% 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 Legacy Housing and its competitors. For the Homebuilding & Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Housing's current Earnings Yield (Joel Greenblatt) % is 10.06%, which is 11% below median its own 10-year median of 11.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Housing stock overvalued right now?
Based on GuruFocus' analysis, Legacy Housing (LEGH) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.33, compared to a current price of $29.34 — trading 15.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.06%, which is 11% below median its 10-year median of 11.31 and 57.9% above the Homebuilding & Construction industry median of 6.37. Legacy Housing's overall GF Score™ is 75/100 with 6 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 Legacy Housing (LEGH), the current Earnings Yield (Joel Greenblatt) % is 10.06% 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 Legacy Housing (LEGH) Overvalued in 2026?
Based on GuruFocus' analysis, Legacy Housing stock appears to be overvalued.
The current stock price of $29.34 is trading 15.8% above its estimated GF Value™ of $25.33.
GuruFocus considers Legacy Housing to be Modestly Overvalued.
Key valuation signals for LEGH:
Earnings Yield (Joel Greenblatt) %: 10.06% (11% below median its 10-year median of 11.31)
GF Value™: $25.33 vs. price of $29.34 (15.8% above fair value)
Industry Position: 57.9% above the Homebuilding & Construction median (#39 of 99)
No single metric tells the full story. See the LEGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Legacy Housing Corp builds, sells, and finances manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores, and are also sold directly to manufactured home communities. The Company manufactures and provides for the transport of manufactured homes, provides wholesale financing to dealers and mobile home parks, provides retail financing to consumers, and is involved in financing and developing new manufactured home communities. The Company manufactures its mobile homes at plants in Fort Worth, Texas; Commerce, Texas; and Eatonton, Georgia. The Company also sells homes directly to consumers, through its own retail stores, and to dealers and mobile home parks.
75GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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