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McMillan ShakespeareMCSLF 75 Earnings Yield (Joel Greenblatt) % is 9.42% as of Jun. 2026, which is 7% above its 10-year median of 8.77. GuruFocus rates MCSLF with a GF Score™ of 75/100 and a GF Value™ of $9.48. The stock has 11 warning signs investors should review. Among 1,101 Business Services companies, McMillan Shakespeare ranks better than 62.85% on this metric.
McMillan Shakespeare's Enterprise Value for the quarter that ended in Jun. 2026 was $1,210.4 Mil.
McMillan Shakespeare's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $135.3 Mil. McMillan Shakespeare's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.42%.
The historical rank and industry rank for McMillan Shakespeare's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MCSLF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.67 Med: 8.77 Max: 15.35
Current: 9.03
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of McMillan Shakespeare was 15.35%. The lowest was 2.67%. And the median was 8.77%.
MCSLF's Earnings Yield (Joel Greenblatt) % is ranked better than 62.85% of 1101
companies
in the Business Services industry
Industry Median: 6.68
vs MCSLF: 9.03
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) %. McMillan Shakespeare's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 14.53%. 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.
McMillan Shakespeare Earnings Yield (Joel Greenblatt) % Related Terms
McMillan Shakespeare Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for McMillan Shakespeare'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 Staffing & Employment Services subindustry, McMillan Shakespeare'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.
McMillan Shakespeare Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, McMillan Shakespeare's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where McMillan Shakespeare'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.
McMillan Shakespeares Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 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 9.42% mean?
McMillan Shakespeare (MCSLF) has a Earnings Yield (Joel Greenblatt) % of 9.42% 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 McMillan Shakespeare and its competitors. This is near median its historical median of 8.77. Over the past decade, McMillan Shakespeare's Earnings Yield (Joel Greenblatt) % has ranged from 2.67 to 15.35. According to the industry distribution chart, McMillan Shakespeare ranks #409 out of 1101 companies in the Business Services industry, placing it in the top 37.1%.
Is McMillan Shakespeare's Earnings Yield (Joel Greenblatt) % too high?
McMillan Shakespeare's current Earnings Yield (Joel Greenblatt) % of 9.42% is near median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 2.67 to a high of 15.35. The Business Services industry median Earnings Yield (Joel Greenblatt) % is 6.68. McMillan Shakespeare's value of 9.42% is 41% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #409 out of 1101 companies in the Business Services industry, which is above the industry midpoint. Overall, McMillan Shakespeare has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Earnings Yield (Joel Greenblatt) % compare to RHI and KFY?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #409 out of 1101 companies for Earnings Yield (Joel Greenblatt) %. This puts McMillan Shakespeare in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.68. McMillan Shakespeare's value of 9.42% is 41% above this benchmark. Historically, McMillan Shakespeare's own Earnings Yield (Joel Greenblatt) % has ranged from 2.67 to 15.35 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 6.68, McMillan Shakespeare 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 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. McMillan Shakespeare's current Earnings Yield (Joel Greenblatt) % of 9.42% is 41% 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 McMillan Shakespeare 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. McMillan Shakespeare's current Earnings Yield (Joel Greenblatt) % is 9.42%, which is near median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Earnings Yield (Joel Greenblatt) % of 9.42%. The stock's GF Value™ is $9.48, compared to a current price of $9.90 — trading 4.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.42%, which is near median its 10-year median of 8.77 and 41% above the Business Services industry median of 6.68. McMillan Shakespeare's overall GF Score™ is 75/100 with 11 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 McMillan Shakespeare (MCSLF), the current Earnings Yield (Joel Greenblatt) % is 9.42% 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 McMillan Shakespeare (MCSLF) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be overvalued.
The current stock price of $9.90 is trading 4.4% above its estimated GF Value™ of $9.48.
Key valuation signals for MCSLF:
Earnings Yield (Joel Greenblatt) %: 9.42% (near median its 10-year median of 8.77)
GF Value™: $9.48 vs. price of $9.90 (4.4% above fair value)
Industry Position: 41% above the Business Services median (#409 of 1101)
No single metric tells the full story. See the MCSLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
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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