Canadian Solar (MEX:CSIQN) Earnings Yield (Joel Greenblatt) %: 1.75% (As of Mar. 2026) — 73% Below Median

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MEX:CSIQN Canadian Solar Inc MEX:CSIQN
65 GF Score
Price MXN272.63
GF Value MXN255.81
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Canadian Solar Earnings Yield (Joel Greenblatt) %?

Canadian Solar MEX:CSIQN 65 Earnings Yield (Joel Greenblatt) % is 1.75% as of Mar. 2026, which is 73% below its 10-year median of 6.53. GuruFocus rates MEX:CSIQN with a GF Score™ of 65/100 and a GF Value™ of MXN255.81 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,026 Semiconductors companies, Canadian Solar ranks better than 54.19% on this metric.

Canadian Solar's Enterprise Value for the quarter that ended in Mar. 2026 was MXN156,919 Mil. Canadian Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,886 Mil. Canadian Solar's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 1.75%.

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

MEX:CSIQN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.19   Med: 6.53   Max: 14.6
Current: 1.73

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Canadian Solar was 14.60%. The lowest was -1.19%. And the median was 6.53%.

MEX:CSIQN's Earnings Yield (Joel Greenblatt) % is ranked better than
54.19% of 1026 companies
in the Semiconductors industry
Industry Median: 1.335 vs MEX:CSIQN: 1.73

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) %. Canadian Solar's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. 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.


Canadian Solar  (MEX:CSIQN) 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.


Canadian Solar Earnings Yield (Joel Greenblatt) % Related Terms


Canadian Solar Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Canadian Solar'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.

Canadian Solar Earnings Yield (Joel Greenblatt) % Chart

Canadian Solar 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 4.17 7.95 9.64 0.88 0.40

Canadian Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.18 -0.37 -0.05 0.40 1.75

MEX:CSIQN vs ARRY, JKS, SHLS: Earnings Yield (Joel Greenblatt) % Comparison

For the Solar subindustry, Canadian Solar'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.


Canadian Solar Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MEX:CSIQN
65GF Score
Canadian Solar Inc MEX:CSIQN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Solar 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=673.899/168941.608
=0.40 %

Canadian Solar'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 MXN2,886 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 1.75% mean?
Canadian Solar (MEX:CSIQN) has a Earnings Yield (Joel Greenblatt) % of 1.75% 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 Canadian Solar and its competitors. This is 73% below median its historical median of 6.53. According to the industry distribution chart, Canadian Solar ranks #470 out of 1026 companies in the Semiconductors industry, placing it in the top 45.8%.
Is Canadian Solar's Earnings Yield (Joel Greenblatt) % too high?
Canadian Solar's current Earnings Yield (Joel Greenblatt) % of 1.75% is 73% below median its 10-year median of 6.53. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.34. Canadian Solar's value of 1.75% is 31.1% above this industry median. Based on the distribution chart, Canadian Solar ranks #470 out of 1026 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Canadian Solar has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Earnings Yield (Joel Greenblatt) % compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #470 out of 1026 companies for Earnings Yield (Joel Greenblatt) %. This puts Canadian Solar in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.34. Canadian Solar's value of 1.75% is 31.1% above this benchmark. While the company's 10-year median is 6.53 vs. the industry median of 1.34, Canadian Solar 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.34, based on 1,026 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. Canadian Solar's current Earnings Yield (Joel Greenblatt) % of 1.75% is 31.1% 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 Canadian Solar and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Earnings Yield (Joel Greenblatt) % is 1.75%, which is 73% below median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (MEX:CSIQN) is currently considered Fairly Valued. The stock's GF Value™ is MXN255.81, compared to a current price of MXN272.63 — trading 6.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.75%, which is 73% below median its 10-year median of 6.53 and 31.1% above the Semiconductors industry median of 1.34. Canadian Solar's overall GF Score™ is 65/100 with 9 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 Canadian Solar (MEX:CSIQN), the current Earnings Yield (Joel Greenblatt) % is 1.75% 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 Canadian Solar (MEX:CSIQN) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of MXN272.63 is trading 6.6% above its estimated GF Value™ of MXN255.81. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for MEX:CSIQN:

  • Earnings Yield (Joel Greenblatt) %: 1.75% (73% below median its 10-year median of 6.53)
  • GF Value™: MXN255.81 vs. price of MXN272.63 (6.6% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 31.1% above the Semiconductors median (#470 of 1026)

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


Canadian Solar Business Description

Other Exchanges CSIQ:USAL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
65GF Score

Get the complete analysis for MEX:CSIQN

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

MXN272.63
Price
MXN255.81
GF Value