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ETS Engineering and Technical Services SpAMIL:ETS -2.31%21 Earnings Yield (Joel Greenblatt) % is 24.69% as of Dec. 2025, which is 21% above its 10-year median of 20.35. GuruFocus rates MIL:ETS with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,798 Construction companies, ETS Engineering and Technical Services SpA ranks better than 86.32% on this metric.
MIL:ETS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.79 Med: 20.35 Max: 29.32
Current: 19.13
During the past 3 years, the highest Earnings Yield (Joel Greenblatt) of ETS Engineering and Technical Services SpA was 29.32%. The lowest was 16.79%. And the median was 20.35%.
MIL:ETS's Earnings Yield (Joel Greenblatt) % is ranked better than 86.32% of 1798
companies
in the Construction industry
Industry Median: 6.46
vs MIL:ETS: 19.13
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) %. ETS Engineering and Technical Services 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.
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.
* 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 Engineering & Construction subindustry, ETS Engineering and Technical Services 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.
ETS Engineering and Technical Services SpA Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, ETS Engineering and Technical Services SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ETS Engineering and Technical Services SpA'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.
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 24.69% mean?
ETS Engineering and Technical Services SpA (MIL:ETS) has a Earnings Yield (Joel Greenblatt) % of 24.69% 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 ETS Engineering and Technical Services SpA and its competitors. This is 21% above median its historical median of 20.35. Over the past decade, ETS Engineering and Technical Services SpA's Earnings Yield (Joel Greenblatt) % has ranged from 16.79 to 29.32. According to the industry distribution chart, ETS Engineering and Technical Services SpA ranks #246 out of 1798 companies in the Construction industry, placing it in the top 13.7%.
Is ETS Engineering and Technical Services SpA's Earnings Yield (Joel Greenblatt) % too high?
ETS Engineering and Technical Services SpA's current Earnings Yield (Joel Greenblatt) % of 24.69% is 21% above median its 10-year median of 20.35. Over the past 10 years, this metric has ranged from a low of 16.79 to a high of 29.32. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.46. ETS Engineering and Technical Services SpA's value of 24.69% is 282.2% above this industry median. Based on the distribution chart, ETS Engineering and Technical Services SpA ranks #246 out of 1798 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ETS Engineering and Technical Services SpA has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does ETS Engineering and Technical Services SpA's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, ETS Engineering and Technical Services SpA ranks #246 out of 1798 companies for Earnings Yield (Joel Greenblatt) %. This places ETS Engineering and Technical Services SpA in the top 14% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.46. ETS Engineering and Technical Services SpA's value of 24.69% is 282.2% above this benchmark. Historically, ETS Engineering and Technical Services SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 16.79 to 29.32 over the past decade. While the company's 10-year median is 20.35 vs. the industry median of 6.46, ETS Engineering and Technical Services SpA 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.46, based on 1,798 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. ETS Engineering and Technical Services SpA's current Earnings Yield (Joel Greenblatt) % of 24.69% is 282.2% 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 ETS Engineering and Technical Services SpA and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ETS Engineering and Technical Services SpA's current Earnings Yield (Joel Greenblatt) % is 24.69%, which is 21% above median its own 10-year median of 20.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ETS Engineering and Technical Services SpA stock overvalued right now?
ETS Engineering and Technical Services SpA (MIL:ETS) has a current Earnings Yield (Joel Greenblatt) % of 24.69%. The current Earnings Yield (Joel Greenblatt) % is 24.69%, which is 21% above median its 10-year median of 20.35 and 282.2% above the Construction industry median of 6.46. ETS Engineering and Technical Services SpA's overall GF Score™ is 21/100 with 4 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 ETS Engineering and Technical Services SpA (MIL:ETS), the current Earnings Yield (Joel Greenblatt) % is 24.69% 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.
ETS Engineering and Technical Services SpA is an engineering company. The company offers integrated services in civil and systems engineering. It provides end-to-end solutions from feasibility studies and energy diagnostics to design, project management, and site supervision, ensuring efficiency, cost control, and technical excellence for both public and private clients.
21GF Score
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