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Manchester UnitedMANU -0.10%71 Earnings Yield (Joel Greenblatt) % is 1.53% as of Mar. 2026, which is 219% above its 10-year median of 0.48. GuruFocus rates MANU with a GF Score™ of 71/100 and a GF Value™ of $17.99 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,013 Media - Diversified companies, Manchester United ranks worse than 55.77% on this metric.
Manchester United's Enterprise Value for the quarter that ended in Mar. 2026 was $3,827.0 Mil.
Manchester United's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $58.6 Mil. Manchester United's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 1.53%.
The historical rank and industry rank for Manchester United's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MANU'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.58 Med: 0.48 Max: 4.54
Current: 1.29
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Manchester United was 4.54%. The lowest was -6.58%. And the median was 0.48%.
MANU's Earnings Yield (Joel Greenblatt) % is ranked worse than 55.77% of 1013
companies
in the Media - Diversified industry
Industry Median: 2.81
vs MANU: 1.29
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) %. Manchester United's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 13.81%. 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.
Manchester United (NYSE:MANU) 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.
Manchester United Earnings Yield (Joel Greenblatt) % Related Terms
Manchester United Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Manchester United'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.
Manchester United Earnings Yield (Joel Greenblatt) % Chart
MANU vs MSGE, CNK, LION: Earnings Yield (Joel Greenblatt) % Comparison
For the Entertainment subindustry, Manchester United'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.
Manchester United Earnings Yield (Joel Greenblatt) % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Manchester United's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Manchester United's Earnings Yield (Joel Greenblatt) % falls into.
Manchester United 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.
Manchester Uniteds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as
Manchester United'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 $58.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.53% mean?
Manchester United (MANU) has a Earnings Yield (Joel Greenblatt) % of 1.53% 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 Manchester United and its competitors. This is 219% above median its historical median of 0.48. According to the industry distribution chart, Manchester United ranks #565 out of 1013 companies in the Media - Diversified industry, placing it in the top 55.8%.
Is Manchester United's Earnings Yield (Joel Greenblatt) % too high?
Manchester United's current Earnings Yield (Joel Greenblatt) % of 1.53% is 219% above median its 10-year median of 0.48. The Media - Diversified industry median Earnings Yield (Joel Greenblatt) % is 2.81. Manchester United's value of 1.53% is 45.6% below this industry median. Based on the distribution chart, Manchester United ranks #565 out of 1013 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Manchester United has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester United's Earnings Yield (Joel Greenblatt) % compare to MSGE and CNK?
According to the Media - Diversified industry distribution chart, Manchester United ranks #565 out of 1013 companies for Earnings Yield (Joel Greenblatt) %. This places Manchester United in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.81. Manchester United's value of 1.53% is 45.6% below this benchmark. While the company's 10-year median is 0.48 vs. the industry median of 2.81, Manchester United 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 Media - Diversified company?
The median Earnings Yield (Joel Greenblatt) % among Media - Diversified companies is 2.81, based on 1,013 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. Manchester United's current Earnings Yield (Joel Greenblatt) % of 1.53% is 45.6% 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 Manchester United and its competitors. For the Media - Diversified industry, the median Earnings Yield (Joel Greenblatt) % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester United's current Earnings Yield (Joel Greenblatt) % is 1.53%, which is 219% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester United stock overvalued right now?
Based on GuruFocus' analysis, Manchester United (MANU) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.99, compared to a current price of $20.90 — trading 16.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.53%, which is 219% above median its 10-year median of 0.48 and 45.6% below the Media - Diversified industry median of 2.81. Manchester United's overall GF Score™ is 71/100 with 7 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 Manchester United (MANU), the current Earnings Yield (Joel Greenblatt) % is 1.53% 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 Manchester United (MANU) Overvalued in 2026?
Based on GuruFocus' analysis, Manchester United stock appears to be overvalued.
The current stock price of $20.90 is trading 16.2% above its estimated GF Value™ of $17.99.
GuruFocus considers Manchester United to be Modestly Overvalued.
Key valuation signals for MANU:
Earnings Yield (Joel Greenblatt) %: 1.53% (219% above median its 10-year median of 0.48)
GF Value™: $17.99 vs. price of $20.90 (16.2% above fair value)
Industry Position: 45.6% below the Media - Diversified median (#565 of 1013)
No single metric tells the full story. See the MANU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manchester United PLC operates as a professional football club with related activities, generating revenue prominently through commercial, broadcasting, and matchday segments. The commercial segment monetizes the various brands via sponsorships, retail, merchandising, apparel, and product licensing. Broadcasting revenue comes from television rights linked to football leagues and competitions, alongside content delivered through its dedicated TV channel all over the globe. Matchday income includes ticket sales, hospitality, merchandise, and services at its stadium. Manchester United is based in England. The company's operations and fan base extends to many countries, supporting a diversified revenue model based on brand engagement and football-related content.
71GF 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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