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Dassault AviationMEX:AM 81 Earnings Yield (Joel Greenblatt) % is 10.37% as of Dec. 2025, which is 10% above its 10-year median of 9.44. GuruFocus rates MEX:AM with a GF Score™ of 81/100 and a GF Value™ of MXN6,166.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 362 Aerospace & Defense companies, Dassault Aviation ranks better than 90.06% on this metric.
Dassault Aviation's Enterprise Value for the quarter that ended in Dec. 2025 was MXN312,932 Mil.
Dassault Aviation's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MXN23,304 Mil. Dassault Aviation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 10.37%.
The historical rank and industry rank for Dassault Aviation's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MEX:AM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.98 Med: 9.44 Max: 88.97
Current: 8.1
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dassault Aviation was 88.97%. The lowest was 0.98%. And the median was 9.44%.
MEX:AM's Earnings Yield (Joel Greenblatt) % is ranked better than 90.06% of 362
companies
in the Aerospace & Defense industry
Industry Median: 2.145
vs MEX:AM: 8.10
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) %. Dassault Aviation's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 22.20%. 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.
Dassault Aviation Earnings Yield (Joel Greenblatt) % Related Terms
Dassault Aviation Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Dassault Aviation'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 Aerospace & Defense subindustry, Dassault Aviation'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.
Dassault Aviation Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Dassault Aviation's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dassault Aviation'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.
Dassault Aviations Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 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 10.37% mean?
Dassault Aviation (MEX:AM) has a Earnings Yield (Joel Greenblatt) % of 10.37% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dassault Aviation and its competitors. This is 10% above median its historical median of 9.44. Over the past decade, Dassault Aviation's Earnings Yield (Joel Greenblatt) % has ranged from 0.98 to 88.97. According to the industry distribution chart, Dassault Aviation ranks #36 out of 362 companies in the Aerospace & Defense industry, placing it in the top 9.9%.
Is Dassault Aviation's Earnings Yield (Joel Greenblatt) % too high?
Dassault Aviation's current Earnings Yield (Joel Greenblatt) % of 10.37% is 10% above median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 88.97. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.15. Dassault Aviation's value of 10.37% is 383.4% above this industry median. Based on the distribution chart, Dassault Aviation ranks #36 out of 362 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Dassault Aviation has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dassault Aviation's Earnings Yield (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Dassault Aviation ranks #36 out of 362 companies for Earnings Yield (Joel Greenblatt) %. This places Dassault Aviation in the top 10% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.15. Dassault Aviation's value of 10.37% is 383.4% above this benchmark. Historically, Dassault Aviation's own Earnings Yield (Joel Greenblatt) % has ranged from 0.98 to 88.97 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 2.15, Dassault Aviation 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 an Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.15, 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. Dassault Aviation's current Earnings Yield (Joel Greenblatt) % of 10.37% is 383.4% 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 Dassault Aviation and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dassault Aviation's current Earnings Yield (Joel Greenblatt) % is 10.37%, which is 10% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dassault Aviation stock overvalued right now?
Based on GuruFocus' analysis, Dassault Aviation (MEX:AM) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN6,166.34, compared to a current price of MXN5,709.86 — trading 7.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.37%, which is 10% above median its 10-year median of 9.44 and 383.4% above the Aerospace & Defense industry median of 2.15. Dassault Aviation's overall GF Score™ is 81/100 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 Dassault Aviation (MEX:AM), the current Earnings Yield (Joel Greenblatt) % is 10.37% as of Dec. 2025. 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 Dassault Aviation (MEX:AM) Overvalued in 2026?
Based on GuruFocus' analysis, Dassault Aviation stock appears to be undervalued.
The current stock price of MXN5,709.86 is trading 7.4% below its estimated GF Value™ of MXN6,166.34.
GuruFocus considers Dassault Aviation to be Modestly Undervalued.
Key valuation signals for MEX:AM:
Earnings Yield (Joel Greenblatt) %: 10.37% (10% above median its 10-year median of 9.44)
GF Value™: MXN6,166.34 vs. price of MXN5,709.86 (7.4% below fair value)
Industry Position: 383.4% above the Aerospace & Defense median (#36 of 362)
No single metric tells the full story. See the MEX:AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dassault Aviation, controlled by the French Dassault Group, designs, builds, and maintains military fighter jets and is one of the largest manufacturers of business jets. It holds a 26.6% stake in defense electronics group Thales, whose earnings contribution accounts for roughly half of Dassault's adjusted net income. In 2025, Dassault Aviation generated EUR 7.4 billion in revenue with over 15,000 employees. About 63% of revenue comes from defense aircraft and services, while Falcon business jets generate the remaining 37%.
81GF Score
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