Sabaf SpA (MIL:SAB) Earnings Yield (Joel Greenblatt) %: 3.20% (As of Mar. 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:SAB Sabaf SpA MIL:SAB
68 GF Score
Price €12.40
GF Value €15.44
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Sabaf SpA Earnings Yield (Joel Greenblatt) %?

Sabaf SpA MIL:SAB +2.48% 68 Earnings Yield (Joel Greenblatt) % is 3.20% as of Mar. 2026, which is 50% below its 10-year median of 6.40. GuruFocus rates MIL:SAB with a GF Score™ of 68/100 and a GF Value™ of €15.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 440 Furnishings, Fixtures & Appliances companies, Sabaf SpA ranks worse than 54.55% on this metric.

Sabaf SpA's Enterprise Value for the quarter that ended in Mar. 2026 was €243.3 Mil. Sabaf SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €7.8 Mil. Sabaf SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.20%.

The historical rank and industry rank for Sabaf SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MIL:SAB' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.51   Med: 6.4   Max: 12.69
Current: 3.47

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sabaf SpA was 12.69%. The lowest was -0.51%. And the median was 6.40%.

MIL:SAB's Earnings Yield (Joel Greenblatt) % is ranked worse than
54.55% of 440 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.3 vs MIL:SAB: 3.47

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) %. Sabaf SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 14.65%. 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.


Sabaf SpA  (MIL:SAB) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Sabaf SpA Earnings Yield (Joel Greenblatt) % Related Terms


Sabaf SpA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Sabaf 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.

Sabaf SpA Earnings Yield (Joel Greenblatt) % Chart

Sabaf SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 4.98 1.28 6.30 4.52

Sabaf SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.44 5.76 6.66 4.52 3.20

MIL:SAB vs SN, SGI, MHK: Earnings Yield (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Sabaf 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.


Sabaf SpA Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sabaf SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sabaf SpA's Earnings Yield (Joel Greenblatt) % falls into.


MIL:SAB
68GF Score
Sabaf SpA MIL:SAB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sabaf 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.

Sabaf SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10.917/241.38785
=4.52 %

Sabaf SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.8 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 3.20% mean?
Sabaf SpA (MIL:SAB) has a Earnings Yield (Joel Greenblatt) % of 3.20% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Sabaf SpA and its competitors. This is 50% below median its historical median of 6.40. According to the industry distribution chart, Sabaf SpA ranks #240 out of 440 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 54.5%.
Is Sabaf SpA's Earnings Yield (Joel Greenblatt) % too high?
Sabaf SpA's current Earnings Yield (Joel Greenblatt) % of 3.20% is 50% below median its 10-year median of 6.40. The Furnishings, Fixtures & Appliances industry median Earnings Yield (Joel Greenblatt) % is 4.30. Sabaf SpA's value of 3.20% is 25.6% below this industry median. Based on the distribution chart, Sabaf SpA ranks #240 out of 440 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Sabaf SpA has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sabaf SpA's Earnings Yield (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Sabaf SpA ranks #240 out of 440 companies for Earnings Yield (Joel Greenblatt) %. This places Sabaf SpA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.30. Sabaf SpA's value of 3.20% is 25.6% below this benchmark. While the company's 10-year median is 6.40 vs. the industry median of 4.30, Sabaf 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 Furnishings, Fixtures & Appliances company?
The median Earnings Yield (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 4.30, based on 440 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. Sabaf SpA's current Earnings Yield (Joel Greenblatt) % of 3.20% is 25.6% 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 Sabaf SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Earnings Yield (Joel Greenblatt) % is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sabaf SpA's current Earnings Yield (Joel Greenblatt) % is 3.20%, which is 50% below median its own 10-year median of 6.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabaf SpA stock overvalued right now?
Based on GuruFocus' analysis, Sabaf SpA (MIL:SAB) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.44, compared to a current price of €12.40 — trading 19.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.20%, which is 50% below median its 10-year median of 6.40 and 25.6% below the Furnishings, Fixtures & Appliances industry median of 4.30. Sabaf SpA's overall GF Score™ is 68/100 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 Sabaf SpA (MIL:SAB), the current Earnings Yield (Joel Greenblatt) % is 3.20% as of Mar. 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 Sabaf SpA (MIL:SAB) Overvalued in 2026?

Based on GuruFocus' analysis, Sabaf SpA stock appears to be undervalued. The current stock price of €12.40 is trading 19.7% below its estimated GF Value™ of €15.44. GuruFocus considers Sabaf SpA to be Modestly Undervalued.

Key valuation signals for MIL:SAB:

  • Earnings Yield (Joel Greenblatt) %: 3.20% (50% below median its 10-year median of 6.40)
  • GF Value™: €15.44 vs. price of €12.40 (19.7% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 25.6% below the Furnishings, Fixtures & Appliances median (#240 of 440)

No single metric tells the full story. See the MIL:SAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sabaf SpA Business Description

Other Exchanges 0NIG:UK
Address Via dei Carpini, 1, Ospitaletto, Brescia, ITA, 25035
Sabaf SpA is an Italy-based company engaged in manufacturing domestic gas cooking components. It operates in segments, including Gas parts, Hinges, Components for induction cooking, and Electronic components for household appliances. It generates maximum revenue from the Gas parts segment, which offers products like valves, burners, spark plugs, microswitches, injectors, and other components to complete the range. Geographically, it derives a majority of its revenue from Europe (excluding Turkey) and the rest from Turkey, North America, South America, Africa and Middle East, Asia, and Oceania.
68GF Score

Get the complete analysis for MIL:SAB

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.40
Price
€15.44
GF Value