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ETI SpAMIL:ETI -2.02%8 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates MIL:ETI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 1,034 Oil & Gas companies, ETI SpA ranks better than 61.7% on this metric.
ETI SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €0.00 Mil.
ETI SpA does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2025. Therefore, GuruFocus does not calculate ETI SpA's Earnings Yield (Joel Greenblatt) at this moment.
The historical rank and industry rank for ETI SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:ETI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 7.58
Current: 7.63
During the past 2 years, the highest Earnings Yield (Joel Greenblatt) of ETI SpA was 7.58%. The lowest was 0.00%. And the median was 0.00%.
MIL:ETI's Earnings Yield (Joel Greenblatt) % is ranked better than 61.7% of 1034
companies
in the Oil & Gas industry
Industry Median: 5.24
vs MIL:ETI: 7.63
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) %. ETI SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
ETI SpA (MIL:ETI) 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.
ETI SpA Earnings Yield (Joel Greenblatt) % Related Terms
ETI SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ETI SpA'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 Oil & Gas Midstream subindustry, ETI SpA'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.
ETI SpA Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ETI SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ETI SpA's Earnings Yield (Joel Greenblatt) % falls into.
ETI SpA 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.
ETI SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
ETI SpA (MIL:ETI) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on ETI SpA and its competitors. According to the industry distribution chart, ETI SpA ranks #396 out of 1034 companies in the Oil & Gas industry, placing it in the top 38.3%.
Is ETI SpA's Earnings Yield (Joel Greenblatt) % too high?
ETI SpA's current Earnings Yield (Joel Greenblatt) % is 0.00%. Based on the distribution chart, ETI SpA ranks #396 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ETI SpA has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does ETI SpA's Earnings Yield (Joel Greenblatt) % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, ETI SpA ranks #396 out of 1034 companies for Earnings Yield (Joel Greenblatt) %. This puts ETI SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.24. 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 Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.24, based on 1,034 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 ETI SpA and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETI SpA's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETI SpA stock overvalued right now?
ETI SpA (MIL:ETI) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. ETI SpA's overall GF Score™ is 8/100 with 5 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 ETI SpA (MIL:ETI), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. 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.
ETI SpA operates in the infrastructure construction sector and specializes in the construction, maintenance, and repair of fluid transport systems and related infrastructure. Its services serve the oil and gas and water sectors and include infrastructure projects for industrial facilities and naval construction.
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