Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ivision Tech SpAMIL:IVN -0.35%25 Earnings Yield (Joel Greenblatt) % is 3.10% as of Dec. 2025, which is 5% above its 10-year median of 2.94. GuruFocus rates MIL:IVN with a GF Score™ of 25/100 and a GF Value™ of €3.24 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Ivision Tech SpA ranks worse than 58.65% on this metric.
Ivision Tech SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €22.96 Mil.
Ivision Tech SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.71 Mil. Ivision Tech SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 3.10%.
The historical rank and industry rank for Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:IVN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.33 Med: 2.94 Max: 4.42
Current: 3.36
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Ivision Tech SpA was 4.42%. The lowest was 2.33%. And the median was 2.94%.
MIL:IVN's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.65% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.21
vs MIL:IVN: 3.36
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) %. Ivision Tech 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.
Ivision Tech SpA Earnings Yield (Joel Greenblatt) % Related Terms
Ivision Tech SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ivision Tech 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 Footwear & Accessories subindustry, Ivision Tech 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.
Ivision Tech SpA Earnings Yield (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ivision Tech 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.
Ivision Tech SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 3.10% mean?
Ivision Tech SpA (MIL:IVN) has a Earnings Yield (Joel Greenblatt) % of 3.10% 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 Ivision Tech SpA and its competitors. This is near median its historical median of 2.94. Over the past decade, Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % has ranged from 2.33 to 4.42. According to the industry distribution chart, Ivision Tech SpA ranks #627 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.7%.
Is Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % too high?
Ivision Tech SpA's current Earnings Yield (Joel Greenblatt) % of 3.10% is near median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 4.42. The Manufacturing - Apparel & Accessories industry median Earnings Yield (Joel Greenblatt) % is 5.21. Ivision Tech SpA's value of 3.10% is 40.5% below this industry median. Based on the distribution chart, Ivision Tech SpA ranks #627 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ivision Tech SpA has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ivision Tech SpA's Earnings Yield (Joel Greenblatt) % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ivision Tech SpA ranks #627 out of 1069 companies for Earnings Yield (Joel Greenblatt) %. This places Ivision Tech SpA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.21. Ivision Tech SpA's value of 3.10% is 40.5% below this benchmark. Historically, Ivision Tech SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 2.33 to 4.42 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 5.21, Ivision Tech SpA 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 Manufacturing - Apparel & Accessories company?
The median Earnings Yield (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 5.21, based on 1,069 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. Ivision Tech SpA's current Earnings Yield (Joel Greenblatt) % of 3.10% is 40.5% 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 Ivision Tech SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Earnings Yield (Joel Greenblatt) % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ivision Tech SpA's current Earnings Yield (Joel Greenblatt) % is 3.10%, which is near median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivision Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, Ivision Tech SpA (MIL:IVN) is currently considered Possible Value Trap. The stock's GF Value™ is €3.24, compared to a current price of €1.44 — trading 55.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.10%, which is near median its 10-year median of 2.94 and 40.5% below the Manufacturing - Apparel & Accessories industry median of 5.21. Ivision Tech SpA's overall GF Score™ is 25/100 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 Ivision Tech SpA (MIL:IVN), the current Earnings Yield (Joel Greenblatt) % is 3.10% 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.
Is Ivision Tech SpA (MIL:IVN) Overvalued in 2026?
Based on GuruFocus' analysis, Ivision Tech SpA stock appears to be undervalued.
The current stock price of €1.44 is trading 55.7% below its estimated GF Value™ of €3.24.
GuruFocus considers Ivision Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:IVN:
Earnings Yield (Joel Greenblatt) %: 3.10% (near median its 10-year median of 2.94)
GF Value™: €3.24 vs. price of €1.44 (55.7% below fair value)
Industry Position: 40.5% below the Manufacturing - Apparel & Accessories median (#627 of 1069)
No single metric tells the full story. See the MIL:IVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ivision Tech SpA is an SME active in the sector of design and production of eyeglass frames, prescription and sunglasses, in acetate and combined, representing a reality of excellence in Made in Italy manufacturing. The company operates in two divisions: iVision Eyewear and iVision R&D. iVision Eyewear is active in the design, development of prototypes, industrialization, and mass production phases of acetate eyewear, for which it uses cutting-edge machinery and software. iVision R&D is active in research and development with the aiming of applying increasingly advance technologies to eyewear.
25GF Score
Get the complete analysis for MIL:IVN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:IVN has been successfully added to your 
