Technical Publications Service SpA (MIL:TPS) Earnings Yield (Joel Greenblatt) %: 17.99% (As of Dec. 2025) — Near Median

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MIL:TPS Technical Publications Service SpA MIL:TPS
95 GF Score
Price €7.65
GF Value €7.25
Valuation Fairly Valued
! 4 Warning Signs
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What is Technical Publications Service SpA Earnings Yield (Joel Greenblatt) %?

Technical Publications Service SpA MIL:TPS -3.77% 95 Earnings Yield (Joel Greenblatt) % is 17.99% as of Dec. 2025, which is 7% above its 10-year median of 16.85. GuruFocus rates MIL:TPS with a GF Score™ of 95/100 and a GF Value™ of €7.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,026 Transportation companies, Technical Publications Service SpA ranks better than 88.6% on this metric.

Technical Publications Service SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €36.03 Mil. Technical Publications Service SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €6.48 Mil. Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 17.99%.

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

MIL:TPS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.28   Med: 16.85   Max: 29.62
Current: 17.64

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Technical Publications Service SpA was 29.62%. The lowest was 6.28%. And the median was 16.85%.

MIL:TPS's Earnings Yield (Joel Greenblatt) % is ranked better than
88.6% of 1026 companies
in the Transportation industry
Industry Median: 6.75 vs MIL:TPS: 17.64

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) %. Technical Publications Service SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 19.20%. 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.


Technical Publications Service SpA  (MIL:TPS) 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.


Technical Publications Service SpA Earnings Yield (Joel Greenblatt) % Related Terms


Technical Publications Service SpA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Technical Publications Service 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.

Technical Publications Service SpA Earnings Yield (Joel Greenblatt) % Chart

Technical Publications Service 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 21.01 26.95 19.57 18.45 17.99

Technical Publications Service SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 19.57 0.00 18.45 0.00 17.99

MIL:TPS vs JOBY, CAAP: Earnings Yield (Joel Greenblatt) % Comparison

For the Airports & Air Services subindustry, Technical Publications Service 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.


Technical Publications Service SpA Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MIL:TPS
95GF Score
Technical Publications Service SpA MIL:TPS
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Technical Publications Service 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=6.483/36.03035
=17.99 %

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 17.99% mean?
Technical Publications Service SpA (MIL:TPS) has a Earnings Yield (Joel Greenblatt) % of 17.99% 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 Technical Publications Service SpA and its competitors. This is near median its historical median of 16.85. Over the past decade, Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) % has ranged from 6.28 to 29.62. According to the industry distribution chart, Technical Publications Service SpA ranks #117 out of 1026 companies in the Transportation industry, placing it in the top 11.4%.
Is Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) % too high?
Technical Publications Service SpA's current Earnings Yield (Joel Greenblatt) % of 17.99% is near median its 10-year median of 16.85. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 29.62. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.75. Technical Publications Service SpA's value of 17.99% is 166.5% above this industry median. Based on the distribution chart, Technical Publications Service SpA ranks #117 out of 1026 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Technical Publications Service SpA has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Technical Publications Service SpA's Earnings Yield (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Technical Publications Service SpA ranks #117 out of 1026 companies for Earnings Yield (Joel Greenblatt) %. This places Technical Publications Service SpA in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.75. Technical Publications Service SpA's value of 17.99% is 166.5% above this benchmark. Historically, Technical Publications Service SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 6.28 to 29.62 over the past decade. While the company's 10-year median is 16.85 vs. the industry median of 6.75, Technical Publications Service 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.75, based on 1,026 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. Technical Publications Service SpA's current Earnings Yield (Joel Greenblatt) % of 17.99% is 166.5% 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 Technical Publications Service SpA and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technical Publications Service SpA's current Earnings Yield (Joel Greenblatt) % is 17.99%, which is near median its own 10-year median of 16.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technical Publications Service SpA stock overvalued right now?
Based on GuruFocus' analysis, Technical Publications Service SpA (MIL:TPS) is currently considered Fairly Valued. The stock's GF Value™ is €7.25, compared to a current price of €7.65 — trading 5.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 17.99%, which is near median its 10-year median of 16.85 and 166.5% above the Transportation industry median of 6.75. Technical Publications Service SpA's overall GF Score™ is 95/100 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 Technical Publications Service SpA (MIL:TPS), the current Earnings Yield (Joel Greenblatt) % is 17.99% 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 Technical Publications Service SpA (MIL:TPS) Overvalued in 2026?

Based on GuruFocus' analysis, Technical Publications Service SpA stock appears to be overvalued. The current stock price of €7.65 is trading 5.5% above its estimated GF Value™ of €7.25. GuruFocus considers Technical Publications Service SpA to be Fairly Valued.

Key valuation signals for MIL:TPS:

  • Earnings Yield (Joel Greenblatt) %: 17.99% (near median its 10-year median of 16.85)
  • GF Value™: €7.25 vs. price of €7.65 (5.5% above fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 166.5% above the Transportation median (#117 of 1026)

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


Technical Publications Service SpA Business Description

Address Via Lazzaretto 12/C, Gallarate, ITA, 21013
Technical Publications Service SpA provides technical publications services to the aerospace industry. The company creates logistical support, use and maintenance manuals, spare parts catalogs, after-sales support documents, etc.
95GF Score

Get the complete analysis for MIL:TPS

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

€7.65
Price
€7.25
GF Value