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Mitsubishi Heavy IndustriesMHVYF -2.10%71 Earnings Yield (Joel Greenblatt) % is 4.90% as of Jun. 2026, which is 11% below its 10-year median of 5.48. GuruFocus rates MHVYF with a GF Score™ of 71/100 and a GF Value™ of $7.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 3,101 Industrial Products companies, Mitsubishi Heavy Industries ranks better than 57.88% on this metric.
Mitsubishi Heavy Industries's Enterprise Value for the quarter that ended in Jun. 2026 was $71,295 Mil.
Mitsubishi Heavy Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $3,589 Mil. Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.90%.
The historical rank and industry rank for Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MHVYF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.39 Med: 5.48 Max: 70.54
Current: 4.8
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mitsubishi Heavy Industries was 70.54%. The lowest was -7.39%. And the median was 5.48%.
MHVYF's Earnings Yield (Joel Greenblatt) % is ranked better than 57.88% of 3101
companies
in the Industrial Products industry
Industry Median: 3.48
vs MHVYF: 4.80
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) %. Mitsubishi Heavy Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 758.80%. 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.
Mitsubishi Heavy Industries (OTCPK:MHVYF) 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.
Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Related Terms
Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Mitsubishi Heavy 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.
Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy 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.
Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % falls into.
Mitsubishi Heavy Industries 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.
Mitsubishi Heavy Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Mitsubishi Heavy 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 $3,589 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.90% mean?
Mitsubishi Heavy Industries (MHVYF) has a Earnings Yield (Joel Greenblatt) % of 4.90% 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 Mitsubishi Heavy Industries and its competitors. This is 11% below median its historical median of 5.48. According to the industry distribution chart, Mitsubishi Heavy Industries ranks #1306 out of 3101 companies in the Industrial Products industry, placing it in the top 42.1%.
Is Mitsubishi Heavy Industries' Earnings Yield (Joel Greenblatt) % too high?
Mitsubishi Heavy Industries' current Earnings Yield (Joel Greenblatt) % of 4.90% is 11% below median its 10-year median of 5.48. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.48. Mitsubishi Heavy Industries' value of 4.90% is 40.8% above this industry median. Based on the distribution chart, Mitsubishi Heavy Industries ranks #1306 out of 3101 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsubishi Heavy Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsubishi Heavy Industries ranks #1306 out of 3101 companies for Earnings Yield (Joel Greenblatt) %. This puts Mitsubishi Heavy Industries in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.48. Mitsubishi Heavy Industries' value of 4.90% is 40.8% above this benchmark. While the company's 10-year median is 5.48 vs. the industry median of 3.48, Mitsubishi Heavy 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 3.48, based on 3,101 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. Mitsubishi Heavy Industries's current Earnings Yield (Joel Greenblatt) % of 4.90% is 40.8% 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 Mitsubishi Heavy Industries and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Heavy Industries's current Earnings Yield (Joel Greenblatt) % is 4.90%, which is 11% below median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries (MHVYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.68, compared to a current price of $23.69 — trading 208.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.90%, which is 11% below median its 10-year median of 5.48 and 40.8% above the Industrial Products industry median of 3.48. Mitsubishi Heavy Industries' overall GF Score™ is 71/100 with 2 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 Mitsubishi Heavy Industries (MHVYF), the current Earnings Yield (Joel Greenblatt) % is 4.90% 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 Mitsubishi Heavy Industries (MHVYF) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued.
The current stock price of $23.69 is trading 208.5% above its estimated GF Value™ of $7.68.
GuruFocus considers Mitsubishi Heavy Industries to be Significantly Overvalued.
Key valuation signals for MHVYF:
Earnings Yield (Joel Greenblatt) %: 4.90% (11% below median its 10-year median of 5.48)
GF Value™: $7.68 vs. price of $23.69 (208.5% above fair value)
Industry Position: 40.8% above the Industrial Products median (#1306 of 3101)
No single metric tells the full story. See the MHVYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Heavy Industries is a diversified industrial and engineering group that was founded in 1884 and reorganized in 1950. It operates across four segments: energy systems; plants and infrastructure; logistics, thermal and drive systems; and aircraft, defense and space. MHI is a global leader in large gas turbines and energy services, and a key domestic supplier of aerospace and defense systems. Its end markets include energy infrastructure, industrial equipment, transport, and defense, with a growing focus on decarbonization technologies such as hydrogen- and ammonia-capable turbines. The company employs about 77,000 people globally.
71GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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