Zalaris ASA (LTS:0QWF) Earnings Yield (Joel Greenblatt) %: 2.96% (As of Jun. 2026) — 60% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0QWF Zalaris ASA LTS:0QWF
85 GF Score
Price kr100.50
GF Value kr96.86
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Zalaris ASA Earnings Yield (Joel Greenblatt) %?

Zalaris ASA LTS:0QWF 85 Earnings Yield (Joel Greenblatt) % is 2.96% as of Jun. 2026, which is 60% above its 10-year median of 1.85. GuruFocus rates LTS:0QWF with a GF Score™ of 85/100 and a GF Value™ of kr96.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,101 Business Services companies, Zalaris ASA ranks worse than 68.21% on this metric.

Zalaris ASA's Enterprise Value for the quarter that ended in Jun. 2026 was kr2,542 Mil. Zalaris ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was kr75 Mil. Zalaris ASA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.96%.

The historical rank and industry rank for Zalaris ASA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

LTS:0QWF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.11   Med: 1.85   Max: 6.68
Current: 2.95

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Zalaris ASA was 6.68%. The lowest was -6.11%. And the median was 1.85%.

LTS:0QWF's Earnings Yield (Joel Greenblatt) % is ranked worse than
68.21% of 1101 companies
in the Business Services industry
Industry Median: 6.68 vs LTS:0QWF: 2.95

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) %. Zalaris ASA's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 21.90%. 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.


Zalaris ASA  (LTS:0QWF) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Zalaris ASA Earnings Yield (Joel Greenblatt) % Related Terms


Zalaris ASA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Zalaris ASA'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.

Zalaris ASA Earnings Yield (Joel Greenblatt) % Chart

Zalaris ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 0.45 1.93 4.92 5.56

Zalaris ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.65 7.21 5.56 4.91 2.96

LTS:0QWF vs RHI, KFY, TNET: Earnings Yield (Joel Greenblatt) % Comparison

For the Staffing & Employment Services subindustry, Zalaris ASA'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.


Zalaris ASA Earnings Yield (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Zalaris ASA's Earnings Yield (Joel Greenblatt) % falls into.


LTS:0QWF
85GF Score
Zalaris ASA LTS:0QWF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalaris ASA 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.

Zalaris ASAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=122.558/2168.885
=5.65 %

Zalaris ASA'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 kr75 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.96% mean?
Zalaris ASA (LTS:0QWF) has a Earnings Yield (Joel Greenblatt) % of 2.96% 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 Zalaris ASA and its competitors. This is 60% above median its historical median of 1.85. According to the industry distribution chart, Zalaris ASA ranks #751 out of 1101 companies in the Business Services industry, placing it in the top 68.2%.
Is Zalaris ASA's Earnings Yield (Joel Greenblatt) % too high?
Zalaris ASA's current Earnings Yield (Joel Greenblatt) % of 2.96% is 60% above median its 10-year median of 1.85. The Business Services industry median Earnings Yield (Joel Greenblatt) % is 6.68. Zalaris ASA's value of 2.96% is 55.7% below this industry median. Based on the distribution chart, Zalaris ASA ranks #751 out of 1101 companies in the Business Services industry, which is below the industry midpoint. Overall, Zalaris ASA has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's Earnings Yield (Joel Greenblatt) % compare to RHI and KFY?
According to the Business Services industry distribution chart, Zalaris ASA ranks #751 out of 1101 companies for Earnings Yield (Joel Greenblatt) %. This places Zalaris ASA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.68. Zalaris ASA's value of 2.96% is 55.7% below this benchmark. While the company's 10-year median is 1.85 vs. the industry median of 6.68, Zalaris ASA 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 Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.68, based on 1,101 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. Zalaris ASA's current Earnings Yield (Joel Greenblatt) % of 2.96% is 55.7% 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 Zalaris ASA and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalaris ASA's current Earnings Yield (Joel Greenblatt) % is 2.96%, which is 60% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Based on GuruFocus' analysis, Zalaris ASA (LTS:0QWF) is currently considered Fairly Valued. The stock's GF Value™ is kr96.86, compared to a current price of kr100.50 — trading 3.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.96%, which is 60% above median its 10-year median of 1.85 and 55.7% below the Business Services industry median of 6.68. Zalaris ASA's overall GF Score™ is 85/100 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 Zalaris ASA (LTS:0QWF), the current Earnings Yield (Joel Greenblatt) % is 2.96% 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 Zalaris ASA (LTS:0QWF) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr100.50 is trading 3.8% above its estimated GF Value™ of kr96.86. GuruFocus considers Zalaris ASA to be Fairly Valued.

Key valuation signals for LTS:0QWF:

  • Earnings Yield (Joel Greenblatt) %: 2.96% (60% above median its 10-year median of 1.85)
  • GF Value™: kr96.86 vs. price of kr100.50 (3.8% above fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 55.7% below the Business Services median (#751 of 1101)

No single metric tells the full story. See the LTS:0QWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
85GF Score

Get the complete analysis for LTS:0QWF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr100.50
Price
kr96.86
GF Value