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Kratos Defense & Security SolutionsLTS:0JS0 +3.18%70 Earnings Yield (Joel Greenblatt) % is 0.37% as of Mar. 2026, which is 45% below its 10-year median of 0.67. GuruFocus rates LTS:0JS0 with a GF Score™ of 70/100 and a GF Value™ of $28.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 362 Aerospace & Defense companies, Kratos Defense & Security Solutions ranks worse than 64.64% on this metric.
The historical rank and industry rank for Kratos Defense & Security Solutions's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0JS0'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.76 Med: 0.67 Max: 3
Current: 0.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kratos Defense & Security Solutions was 3.00%. The lowest was -2.76%. And the median was 0.67%.
LTS:0JS0's Earnings Yield (Joel Greenblatt) % is ranked worse than 64.64% of 362
companies
in the Aerospace & Defense industry
Industry Median: 2.11
vs LTS:0JS0: 0.56
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) %. Kratos Defense & Security Solutions's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 11.24%. 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.
* 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 Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.
Kratos Defense & Security Solutions Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Kratos Defense & Security Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kratos Defense & Security Solutions'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.
Kratos Defense & Security Solutions'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 $44 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 0.37% mean?
Kratos Defense & Security Solutions (LTS:0JS0) has a Earnings Yield (Joel Greenblatt) % of 0.37% 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 Kratos Defense & Security Solutions and its competitors. This is 45% below median its historical median of 0.67. According to the industry distribution chart, Kratos Defense & Security Solutions ranks #234 out of 362 companies in the Aerospace & Defense industry, placing it in the top 64.6%.
Is Kratos Defense & Security Solutions' Earnings Yield (Joel Greenblatt) % too high?
Kratos Defense & Security Solutions' current Earnings Yield (Joel Greenblatt) % of 0.37% is 45% below median its 10-year median of 0.67. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.11. Kratos Defense & Security Solutions' value of 0.37% is 82.5% below this industry median. Based on the distribution chart, Kratos Defense & Security Solutions ranks #234 out of 362 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Kratos Defense & Security Solutions has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kratos Defense & Security Solutions' Earnings Yield (Joel Greenblatt) % compare to SARO and PL?
According to the Aerospace & Defense industry distribution chart, Kratos Defense & Security Solutions ranks #234 out of 362 companies for Earnings Yield (Joel Greenblatt) %. This places Kratos Defense & Security Solutions in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.11. Kratos Defense & Security Solutions' value of 0.37% is 82.5% below this benchmark. While the company's 10-year median is 0.67 vs. the industry median of 2.11, Kratos Defense & Security Solutions 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 an Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.11, based on 362 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. Kratos Defense & Security Solutions's current Earnings Yield (Joel Greenblatt) % of 0.37% is 82.5% 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 Kratos Defense & Security Solutions and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kratos Defense & Security Solutions's current Earnings Yield (Joel Greenblatt) % is 0.37%, which is 45% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kratos Defense & Security Solutions stock overvalued right now?
Based on GuruFocus' analysis, Kratos Defense & Security Solutions (LTS:0JS0) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.57, compared to a current price of $48.28 — trading 69% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.37%, which is 45% below median its 10-year median of 0.67 and 82.5% below the Aerospace & Defense industry median of 2.11. Kratos Defense & Security Solutions' overall GF Score™ is 70/100 with 5 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 Kratos Defense & Security Solutions (LTS:0JS0), the current Earnings Yield (Joel Greenblatt) % is 0.37% 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 Kratos Defense & Security Solutions (LTS:0JS0) Overvalued in 2026?
Based on GuruFocus' analysis, Kratos Defense & Security Solutions stock appears to be overvalued.
The current stock price of $48.28 is trading 69% above its estimated GF Value™ of $28.57.
GuruFocus considers Kratos Defense & Security Solutions to be Significantly Overvalued.
Key valuation signals for LTS:0JS0:
Earnings Yield (Joel Greenblatt) %: 0.37% (45% below median its 10-year median of 0.67)
GF Value™: $28.57 vs. price of $48.28 (69% above fair value)
Industry Position: 82.5% below the Aerospace & Defense median (#234 of 362)
No single metric tells the full story. See the LTS:0JS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kratos Defense & Security Solutions Business Description
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
70GF Score
Get the complete analysis for LTS:0JS0
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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