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Miami International HoldingsMIAX -0.87%42 Earnings Yield (Joel Greenblatt) % is 2.01% as of Jun. 2026, which is 200% above its 10-year median of 0.67. GuruFocus rates MIAX with a GF Score™ of 42/100. The stock has 3 warning signs investors should review. Among 777 Capital Markets companies, Miami International Holdings ranks worse than 54.83% on this metric.
Miami International Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $3,012 Mil.
Miami International Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $60 Mil. Miami International Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.01%.
The historical rank and industry rank for Miami International Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIAX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.1 Med: 0.67 Max: 1.72
Current: 1.65
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Miami International Holdings was 1.72%. The lowest was -3.10%. And the median was 0.67%.
MIAX's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.83% of 777
companies
in the Capital Markets industry
Industry Median: 2.78
vs MIAX: 1.65
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) %. Miami International Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Miami International Holdings (NYSE:MIAX) 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.
Miami International Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Miami International Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Miami International Holdings'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.
Miami International Holdings Earnings Yield (Joel Greenblatt) % Chart
For the Capital Markets subindustry, Miami International Holdings'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.
Miami International Holdings Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Miami International Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Miami International Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Miami International Holdings 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.
Miami International Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Miami International Holdings'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 $60 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.01% mean?
Miami International Holdings (MIAX) has a Earnings Yield (Joel Greenblatt) % of 2.01% 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 Miami International Holdings and its competitors. This is 200% above median its historical median of 0.67. According to the industry distribution chart, Miami International Holdings ranks #426 out of 777 companies in the Capital Markets industry, placing it in the top 54.8%.
Is Miami International Holdings' Earnings Yield (Joel Greenblatt) % too high?
Miami International Holdings' current Earnings Yield (Joel Greenblatt) % of 2.01% is 200% above median its 10-year median of 0.67. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.78. Miami International Holdings' value of 2.01% is 27.7% below this industry median. Based on the distribution chart, Miami International Holdings ranks #426 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Miami International Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' Earnings Yield (Joel Greenblatt) % compare to MKTX and GLXY?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #426 out of 777 companies for Earnings Yield (Joel Greenblatt) %. This places Miami International Holdings in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.78. Miami International Holdings' value of 2.01% is 27.7% below this benchmark. While the company's 10-year median is 0.67 vs. the industry median of 2.78, Miami International Holdings has consistently been below 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.78, based on 777 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. Miami International Holdings's current Earnings Yield (Joel Greenblatt) % of 2.01% is 27.7% below 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 Miami International Holdings and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current Earnings Yield (Joel Greenblatt) % is 2.01%, which is 200% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current Earnings Yield (Joel Greenblatt) % of 2.01%. The current Earnings Yield (Joel Greenblatt) % is 2.01%, which is 200% above median its 10-year median of 0.67 and 27.7% below the Capital Markets industry median of 2.78. Miami International Holdings' overall GF Score™ is 42/100 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 Miami International Holdings (MIAX), the current Earnings Yield (Joel Greenblatt) % is 2.01% 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.
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
42GF Score
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