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Tyler TechnologiesMEX:TYL -41.07%28 Earnings Yield (Joel Greenblatt) % is 2.85% as of Mar. 2026, which is 104% above its 10-year median of 1.40. GuruFocus rates MEX:TYL with a GF Score™ of 28/100 and a GF Value™ of MXN10,201.49 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,909 Software companies, Tyler Technologies ranks better than 56.1% on this metric.
Tyler Technologies's Enterprise Value for the quarter that ended in Mar. 2026 was MXN391,923 Mil.
Tyler Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN7,440 Mil. Tyler Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.85%.
The historical rank and industry rank for Tyler Technologies's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MEX:TYL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.75 Med: 1.4 Max: 3.46
Current: 3.38
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tyler Technologies was 3.46%. The lowest was 0.75%. And the median was 1.40%.
MEX:TYL's Earnings Yield (Joel Greenblatt) % is ranked better than 56.1% of 2909
companies
in the Software industry
Industry Median: 2.06
vs MEX:TYL: 3.38
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) %. Tyler Technologies's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 15.62%. 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.
Tyler Technologies Earnings Yield (Joel Greenblatt) % Related Terms
Tyler Technologies Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Tyler Technologies'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.
MEX:TYL vs U, DT, PTC: Earnings Yield (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Tyler Technologies'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.
Tyler Technologies Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Tyler Technologies's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tyler Technologies'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.
Tyler Technologiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Tyler Technologies'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 MXN7,440 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.85% mean?
Tyler Technologies (MEX:TYL) has a Earnings Yield (Joel Greenblatt) % of 2.85% 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 Tyler Technologies and its competitors. This is 104% above median its historical median of 1.40. Over the past decade, Tyler Technologies' Earnings Yield (Joel Greenblatt) % has ranged from 0.75 to 3.46. According to the industry distribution chart, Tyler Technologies ranks #1277 out of 2909 companies in the Software industry, placing it in the top 43.9%.
Is Tyler Technologies' Earnings Yield (Joel Greenblatt) % too high?
Tyler Technologies' current Earnings Yield (Joel Greenblatt) % of 2.85% is 104% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.46. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.06. Tyler Technologies' value of 2.85% is 38.3% above this industry median. Based on the distribution chart, Tyler Technologies ranks #1277 out of 2909 companies in the Software industry, which is above the industry midpoint. Overall, Tyler Technologies has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tyler Technologies' Earnings Yield (Joel Greenblatt) % compare to U and DT?
According to the Software industry distribution chart, Tyler Technologies ranks #1277 out of 2909 companies for Earnings Yield (Joel Greenblatt) %. This puts Tyler Technologies in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.06. Tyler Technologies' value of 2.85% is 38.3% above this benchmark. Historically, Tyler Technologies' own Earnings Yield (Joel Greenblatt) % has ranged from 0.75 to 3.46 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 2.06, Tyler Technologies 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.06, based on 2,909 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. Tyler Technologies's current Earnings Yield (Joel Greenblatt) % of 2.85% is 38.3% 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 Tyler Technologies and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tyler Technologies's current Earnings Yield (Joel Greenblatt) % is 2.85%, which is 104% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tyler Technologies stock overvalued right now?
Based on GuruFocus' analysis, Tyler Technologies (MEX:TYL) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN10,201.49, compared to a current price of MXN5,516.00 — trading 45.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.85%, which is 104% above median its 10-year median of 1.40 and 38.3% above the Software industry median of 2.06. Tyler Technologies' overall GF Score™ is 28/100 with 1 warning sign 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 Tyler Technologies (MEX:TYL), the current Earnings Yield (Joel Greenblatt) % is 2.85% 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 Tyler Technologies (MEX:TYL) Overvalued in 2026?
Based on GuruFocus' analysis, Tyler Technologies stock appears to be undervalued.
The current stock price of MXN5,516.00 is trading 45.9% below its estimated GF Value™ of MXN10,201.49.
GuruFocus considers Tyler Technologies to be Significantly Undervalued.
Key valuation signals for MEX:TYL:
Earnings Yield (Joel Greenblatt) %: 2.85% (104% above median its 10-year median of 1.40)
GF Value™: MXN10,201.49 vs. price of MXN5,516.00 (45.9% below fair value)
Industry Position: 38.3% above the Software median (#1277 of 2909)
No single metric tells the full story. See the MEX:TYL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
28GF Score
Get the complete analysis for MEX:TYL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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