Ingevity (MEX:NGVT) Earnings Yield (Joel Greenblatt) %: -2.27% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:NGVT Ingevity Corp MEX:NGVT
62 GF Score
Price MXN1,430.00
GF Value MXN856.96
! 6 Warning Signs
View Full Analysis

What is Ingevity Earnings Yield (Joel Greenblatt) %?

Ingevity MEX:NGVT 62 Earnings Yield (Joel Greenblatt) % is -2.27% as of Mar. 2026. GuruFocus rates MEX:NGVT with a GF Score™ of 62/100 and a GF Value™ of MXN856.96. The stock has 6 warning signs investors should review. Among 1,624 Chemicals companies, Ingevity ranks worse than 83.68% on this metric.

Ingevity's Enterprise Value for the quarter that ended in Mar. 2026 was MXN70,613 Mil. Ingevity's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-1,556 Mil. Ingevity's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -2.27%.

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

MEX:NGVT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.64   Med: 5.38   Max: 11.76
Current: -2.2

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ingevity was 11.76%. The lowest was -10.64%. And the median was 5.38%.

MEX:NGVT's Earnings Yield (Joel Greenblatt) % is ranked worse than
83.68% of 1624 companies
in the Chemicals industry
Industry Median: 3.72 vs MEX:NGVT: -2.20

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) %. Ingevity'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.


Ingevity  (MEX:NGVT) 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.


Ingevity Earnings Yield (Joel Greenblatt) % Related Terms


Ingevity Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ingevity'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.

Ingevity Earnings Yield (Joel Greenblatt) % Chart

Ingevity 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 5.55 8.12 7.07 -1.53 -1.99

Ingevity 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 -4.43 2.20 2.06 -1.99 -2.27

MEX:NGVT vs CC, KWR, MTX: Earnings Yield (Joel Greenblatt) % Comparison

For the Specialty Chemicals subindustry, Ingevity'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.


Ingevity Earnings Yield (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ingevity's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MEX:NGVT
62GF Score
Ingevity Corp MEX:NGVT
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingevity 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1170.371/71714.418
=-1.63 %

Ingevity'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 MXN-1,556 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -2.27% mean?
Ingevity (MEX:NGVT) has a Earnings Yield (Joel Greenblatt) % of -2.27% 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 Ingevity and its competitors. According to the industry distribution chart, Ingevity ranks #1359 out of 1624 companies in the Chemicals industry, placing it in the top 83.7%.
Is Ingevity's Earnings Yield (Joel Greenblatt) % too high?
Ingevity's current Earnings Yield (Joel Greenblatt) % is -2.27%. Based on the distribution chart, Ingevity ranks #1359 out of 1624 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ingevity has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Ingevity's Earnings Yield (Joel Greenblatt) % compare to CC and KWR?
According to the Chemicals industry distribution chart, Ingevity ranks #1359 out of 1624 companies for Earnings Yield (Joel Greenblatt) %. This places Ingevity in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.72. 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.72, based on 1,624 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. 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 Ingevity and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingevity's current Earnings Yield (Joel Greenblatt) % is -2.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevity stock overvalued right now?
Ingevity (MEX:NGVT) has a current Earnings Yield (Joel Greenblatt) % of -2.27%. The stock's GF Value™ is MXN856.96, compared to a current price of MXN1,430.00 — trading 66.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -2.27%. Ingevity's overall GF Score™ is 62/100 with 6 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 Ingevity (MEX:NGVT), the current Earnings Yield (Joel Greenblatt) % is -2.27% 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 Ingevity (MEX:NGVT) Overvalued in 2026?

Based on GuruFocus' analysis, Ingevity stock appears to be overvalued. The current stock price of MXN1,430.00 is trading 66.9% above its estimated GF Value™ of MXN856.96.

Key valuation signals for MEX:NGVT:

  • Earnings Yield (Joel Greenblatt) %: -2.27%
  • GF Value™: MXN856.96 vs. price of MXN1,430.00 (66.9% above fair value)
  • GF Score™: 62/100 with 6 warning signs

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


Ingevity Business Description

Other Exchanges NGVT:USAIGX:Germany
Address 4920 O\'Hear Avenue, Suite 400, North Charleston, SC, USA, 29405
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through three segments, namely Performance Chemicals, Advanced Polymer Technologies, and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals that find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focuses on automotive carbon products used in automobiles. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers. The company generates the majority of its revenue from North America.
62GF Score

Get the complete analysis for MEX:NGVT

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

MXN1,430.00
Price
MXN856.96
GF Value