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Mueller IndustriesMEX:MLI 91 Earnings Yield (Joel Greenblatt) % is 9.19% as of Jun. 2026, which is 7% below its 10-year median of 9.84. GuruFocus rates MEX:MLI with a GF Score™ of 91/100 and a GF Value™ of MXN734.11. The stock has 3 warning signs investors should review. Among 3,085 Industrial Products companies, Mueller Industries ranks better than 77.67% on this metric.
Mueller Industries's Enterprise Value for the quarter that ended in Jun. 2026 was MXN236,074 Mil.
Mueller Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN20,160 Mil. Mueller Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.19%.
The historical rank and industry rank for Mueller Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MEX:MLI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.89 Med: 9.84 Max: 31.6
Current: 8.58
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mueller Industries was 31.60%. The lowest was 5.89%. And the median was 9.84%.
MEX:MLI's Earnings Yield (Joel Greenblatt) % is ranked better than 77.67% of 3085
companies
in the Industrial Products industry
Industry Median: 3.6
vs MEX:MLI: 8.58
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) %. Mueller Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 17.07%. 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.
Mueller Industries Earnings Yield (Joel Greenblatt) % Related Terms
Mueller Industries Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mueller Industries'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 Metal Fabrication subindustry, Mueller Industries'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.
Mueller Industries Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mueller Industries'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.
Mueller Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Mueller Industries'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 MXN20,160 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.19% mean?
Mueller Industries (MEX:MLI) has a Earnings Yield (Joel Greenblatt) % of 9.19% 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 Mueller Industries and its competitors. This is near median its historical median of 9.84. Over the past decade, Mueller Industries' Earnings Yield (Joel Greenblatt) % has ranged from 5.89 to 31.60. According to the industry distribution chart, Mueller Industries ranks #689 out of 3085 companies in the Industrial Products industry, placing it in the top 22.3%.
Is Mueller Industries' Earnings Yield (Joel Greenblatt) % too high?
Mueller Industries' current Earnings Yield (Joel Greenblatt) % of 9.19% is near median its 10-year median of 9.84. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 31.60. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.60. Mueller Industries' value of 9.19% is 155.3% above this industry median. Based on the distribution chart, Mueller Industries ranks #689 out of 3085 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mueller Industries has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Mueller Industries' Earnings Yield (Joel Greenblatt) % compare to CMC and ESAB?
According to the Industrial Products industry distribution chart, Mueller Industries ranks #689 out of 3085 companies for Earnings Yield (Joel Greenblatt) %. This places Mueller Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.60. Mueller Industries' value of 9.19% is 155.3% above this benchmark. Historically, Mueller Industries' own Earnings Yield (Joel Greenblatt) % has ranged from 5.89 to 31.60 over the past decade. While the company's 10-year median is 9.84 vs. the industry median of 3.60, Mueller Industries 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 Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.60, based on 3,085 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. Mueller Industries's current Earnings Yield (Joel Greenblatt) % of 9.19% is 155.3% 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 Mueller Industries and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mueller Industries's current Earnings Yield (Joel Greenblatt) % is 9.19%, which is near median its own 10-year median of 9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Industries stock overvalued right now?
Mueller Industries (MEX:MLI) has a current Earnings Yield (Joel Greenblatt) % of 9.19%. The stock's GF Value™ is MXN734.11, compared to a current price of MXN1,175.00 — trading 60.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.19%, which is near median its 10-year median of 9.84 and 155.3% above the Industrial Products industry median of 3.60. Mueller Industries' overall GF Score™ is 91/100 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 Mueller Industries (MEX:MLI), the current Earnings Yield (Joel Greenblatt) % is 9.19% 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 Mueller Industries (MEX:MLI) Overvalued in 2026?
Based on GuruFocus' analysis, Mueller Industries stock appears to be overvalued.
The current stock price of MXN1,175.00 is trading 60.1% above its estimated GF Value™ of MXN734.11.
Key valuation signals for MEX:MLI:
Earnings Yield (Joel Greenblatt) %: 9.19% (near median its 10-year median of 9.84)
GF Value™: MXN734.11 vs. price of MXN1,175.00 (60.1% above fair value)
Industry Position: 155.3% above the Industrial Products median (#689 of 3085)
No single metric tells the full story. See the MEX:MLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning majority of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms world-wide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Geographically, it operates in USA, UK, Canada, Asia and the Middle East and Mexico.
91GF Score
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