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OVS SpAMIL:OVS +0.33%65 Earnings Yield (Joel Greenblatt) % is 6.48% as of Jan. 2026, which is 2% below its 10-year median of 6.61. GuruFocus rates MIL:OVS with a GF Score™ of 65/100 and a GF Value™ of €3.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, OVS SpA ranks better than 53.6% on this metric.
OVS SpA's Enterprise Value for the quarter that ended in Jan. 2026 was €2,469 Mil.
OVS SpA's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was €160 Mil. OVS SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2026 was 6.48%.
The historical rank and industry rank for OVS SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:OVS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.82 Med: 6.61 Max: 9.24
Current: 5.71
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of OVS SpA was 9.24%. The lowest was -4.82%. And the median was 6.61%.
MIL:OVS's Earnings Yield (Joel Greenblatt) % is ranked better than 53.6% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.21
vs MIL:OVS: 5.71
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) %. OVS SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2026 was 27.07%. 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.
OVS SpA Earnings Yield (Joel Greenblatt) % Related Terms
OVS SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for OVS 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 Apparel Manufacturing subindustry, OVS 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.
OVS SpA Earnings Yield (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where OVS 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.
OVS SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2026 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 6.48% mean?
OVS SpA (MIL:OVS) has a Earnings Yield (Joel Greenblatt) % of 6.48% as of Jan. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on OVS SpA and its competitors. This is near median its historical median of 6.61. According to the industry distribution chart, OVS SpA ranks #496 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.4%.
Is OVS SpA's Earnings Yield (Joel Greenblatt) % too high?
OVS SpA's current Earnings Yield (Joel Greenblatt) % of 6.48% is near median its 10-year median of 6.61. The Manufacturing - Apparel & Accessories industry median Earnings Yield (Joel Greenblatt) % is 5.21. OVS SpA's value of 6.48% is 24.4% above this industry median. Based on the distribution chart, OVS SpA ranks #496 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, OVS SpA has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OVS SpA's Earnings Yield (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, OVS SpA ranks #496 out of 1069 companies for Earnings Yield (Joel Greenblatt) %. This puts OVS SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.21. OVS SpA's value of 6.48% is 24.4% above this benchmark. While the company's 10-year median is 6.61 vs. the industry median of 5.21, OVS 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 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. OVS SpA's current Earnings Yield (Joel Greenblatt) % of 6.48% is 24.4% 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 OVS 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. OVS SpA's current Earnings Yield (Joel Greenblatt) % is 6.48%, which is near median its own 10-year median of 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OVS SpA stock overvalued right now?
Based on GuruFocus' analysis, OVS SpA (MIL:OVS) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.43, compared to a current price of €6.15 — trading 79.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.48%, which is near median its 10-year median of 6.61 and 24.4% above the Manufacturing - Apparel & Accessories industry median of 5.21. OVS SpA's overall GF Score™ is 65/100 with 6 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 OVS SpA (MIL:OVS), the current Earnings Yield (Joel Greenblatt) % is 6.48% as of Jan. 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 OVS SpA (MIL:OVS) Overvalued in 2026?
Based on GuruFocus' analysis, OVS SpA stock appears to be overvalued.
The current stock price of €6.15 is trading 79.2% above its estimated GF Value™ of €3.43.
GuruFocus considers OVS SpA to be Significantly Overvalued.
Key valuation signals for MIL:OVS:
Earnings Yield (Joel Greenblatt) %: 6.48% (near median its 10-year median of 6.61)
GF Value™: €3.43 vs. price of €6.15 (79.2% above fair value)
Industry Position: 24.4% above the Manufacturing - Apparel & Accessories median (#496 of 1069)
No single metric tells the full story. See the MIL:OVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.
65GF Score
Get the complete analysis for MIL:OVS
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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