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.
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.
Piquadro SpALTS:0HPP 67 Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates LTS:0HPP with a GF Score™ of 67/100 and a GF Value™ of €2.22 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,078 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks better than 73.65% on this metric.
Piquadro SpA's Enterprise Value for the quarter that ended in Mar. 2026 was €161.4 Mil.
Piquadro SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €16.0 Mil. Piquadro SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Piquadro SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0HPP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.91 Med: 8.7 Max: 115.62
Current: 10.25
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Piquadro SpA was 115.62%. The lowest was -6.91%. And the median was 8.70%.
LTS:0HPP's Earnings Yield (Joel Greenblatt) % is ranked better than 73.65% of 1078
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.62
vs LTS:0HPP: 10.25
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) %. Piquadro SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. 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.
Piquadro SpA Earnings Yield (Joel Greenblatt) % Related Terms
Piquadro SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Piquadro SpA'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 Footwear & Accessories subindustry, Piquadro SpA'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.
Piquadro SpA Earnings Yield (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Piquadro SpA'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.
Piquadro SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Piquadro SpA (LTS:0HPP) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 Piquadro SpA and its competitors. According to the industry distribution chart, Piquadro SpA ranks #284 out of 1078 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.3%.
Is Piquadro SpA's Earnings Yield (Joel Greenblatt) % too high?
Piquadro SpA's current Earnings Yield (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Piquadro SpA ranks #284 out of 1078 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Piquadro SpA has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's Earnings Yield (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #284 out of 1078 companies for Earnings Yield (Joel Greenblatt) %. This puts Piquadro SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.62. 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 Manufacturing - Apparel & Accessories company?
The median Earnings Yield (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 5.62, based on 1,078 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. 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 Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Earnings Yield (Joel Greenblatt) % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (LTS:0HPP) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.22, compared to a current price of €2.62 — trading 18% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Piquadro SpA's overall GF Score™ is 67/100 with 3 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 Piquadro SpA (LTS:0HPP), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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 Piquadro SpA (LTS:0HPP) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.62 is trading 18% above its estimated GF Value™ of €2.22.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for LTS:0HPP:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: €2.22 vs. price of €2.62 (18% above fair value)
No single metric tells the full story. See the LTS:0HPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
67GF Score
Get the complete analysis for LTS:0HPP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0HPP has been successfully added to your 
