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SOL SpAMIL:SOL +1.44%79 Earnings Yield (Joel Greenblatt) % is 5.48% as of Dec. 2025, which is 20% below its 10-year median of 6.87. GuruFocus rates MIL:SOL with a GF Score™ of 79/100 and a GF Value™ of €42.77 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,628 Chemicals companies, SOL SpA ranks better than 56.2% on this metric.
SOL SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €4,849 Mil.
SOL SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €266 Mil. SOL SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.48%.
The historical rank and industry rank for SOL SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:SOL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.34 Med: 6.87 Max: 9.45
Current: 4.81
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SOL SpA was 9.45%. The lowest was 4.34%. And the median was 6.87%.
MIL:SOL's Earnings Yield (Joel Greenblatt) % is ranked better than 56.2% of 1628
companies
in the Chemicals industry
Industry Median: 3.71
vs MIL:SOL: 4.81
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) %. SOL SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 14.06%. 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.
SOL SpA (MIL:SOL) 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.
SOL SpA Earnings Yield (Joel Greenblatt) % Related Terms
SOL SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SOL 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 Specialty Chemicals subindustry, SOL 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.
SOL SpA Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SOL SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SOL SpA's Earnings Yield (Joel Greenblatt) % falls into.
SOL 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.
SOL 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 5.48% mean?
SOL SpA (MIL:SOL) has a Earnings Yield (Joel Greenblatt) % of 5.48% 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 SOL SpA and its competitors. This is 20% below median its historical median of 6.87. Over the past decade, SOL SpA's Earnings Yield (Joel Greenblatt) % has ranged from 4.34 to 9.45. According to the industry distribution chart, SOL SpA ranks #713 out of 1628 companies in the Chemicals industry, placing it in the top 43.8%.
Is SOL SpA's Earnings Yield (Joel Greenblatt) % too high?
SOL SpA's current Earnings Yield (Joel Greenblatt) % of 5.48% is 20% below median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 9.45. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 3.71. SOL SpA's value of 5.48% is 47.7% above this industry median. Based on the distribution chart, SOL SpA ranks #713 out of 1628 companies in the Chemicals industry, which is above the industry midpoint. Overall, SOL SpA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOL SpA's Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SOL SpA ranks #713 out of 1628 companies for Earnings Yield (Joel Greenblatt) %. This puts SOL SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.71. SOL SpA's value of 5.48% is 47.7% above this benchmark. Historically, SOL SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 4.34 to 9.45 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 3.71, SOL 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.71, based on 1,628 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. SOL SpA's current Earnings Yield (Joel Greenblatt) % of 5.48% is 47.7% 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 SOL SpA and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOL SpA's current Earnings Yield (Joel Greenblatt) % is 5.48%, which is 20% below median its own 10-year median of 6.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.77, compared to a current price of €56.40 — trading 31.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.48%, which is 20% below median its 10-year median of 6.87 and 47.7% above the Chemicals industry median of 3.71. SOL SpA's overall GF Score™ is 79/100 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 SOL SpA (MIL:SOL), the current Earnings Yield (Joel Greenblatt) % is 5.48% 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 SOL SpA (MIL:SOL) Overvalued in 2026?
Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued.
The current stock price of €56.40 is trading 31.9% above its estimated GF Value™ of €42.77.
GuruFocus considers SOL SpA to be Significantly Overvalued.
Key valuation signals for MIL:SOL:
Earnings Yield (Joel Greenblatt) %: 5.48% (20% below median its 10-year median of 6.87)
GF Value™: €42.77 vs. price of €56.40 (31.9% above fair value)
Industry Position: 47.7% above the Chemicals median (#713 of 1628)
No single metric tells the full story. See the MIL:SOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
79GF Score
Get the complete analysis for MIL:SOL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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