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Makino Milling Machine CoMKMLF 78 Earnings Yield (Joel Greenblatt) % is 11.70% as of Mar. 2026, which is 2% above its 10-year median of 11.47. GuruFocus rates MKMLF with a GF Score™ of 78/100 and a GF Value™ of $50.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,088 Industrial Products companies, Makino Milling Machine Co ranks better than 79.37% on this metric.
Makino Milling Machine Co's Enterprise Value for the quarter that ended in Mar. 2026 was $811 Mil.
Makino Milling Machine Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $225 Mil. Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.70%.
The historical rank and industry rank for Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MKMLF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.56 Med: 11.47 Max: 29.47
Current: 10.81
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Makino Milling Machine Co was 29.47%. The lowest was -2.56%. And the median was 11.47%.
MKMLF's Earnings Yield (Joel Greenblatt) % is ranked better than 79.37% of 3088
companies
in the Industrial Products industry
Industry Median: 3.455
vs MKMLF: 10.81
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) %. Makino Milling Machine Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 21.98%. 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.
Makino Milling Machine Co Earnings Yield (Joel Greenblatt) % Related Terms
Makino Milling Machine Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Makino Milling Machine Co'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.
Makino Milling Machine Co Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Industrial Machinery subindustry, Makino Milling Machine Co'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.
Makino Milling Machine Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) % falls into.
Makino Milling Machine Co 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.
Makino Milling Machine Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Makino Milling Machine Co'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 $225 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 11.70% mean?
Makino Milling Machine Co (MKMLF) has a Earnings Yield (Joel Greenblatt) % of 11.70% 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 Makino Milling Machine Co and its competitors. This is near median its historical median of 11.47. According to the industry distribution chart, Makino Milling Machine Co ranks #637 out of 3088 companies in the Industrial Products industry, placing it in the top 20.6%.
Is Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) % too high?
Makino Milling Machine Co's current Earnings Yield (Joel Greenblatt) % of 11.70% is near median its 10-year median of 11.47. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.46. Makino Milling Machine Co's value of 11.70% is 238.6% above this industry median. Based on the distribution chart, Makino Milling Machine Co ranks #637 out of 3088 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Makino Milling Machine Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makino Milling Machine Co's Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Makino Milling Machine Co ranks #637 out of 3088 companies for Earnings Yield (Joel Greenblatt) %. This places Makino Milling Machine Co in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. Makino Milling Machine Co's value of 11.70% is 238.6% above this benchmark. While the company's 10-year median is 11.47 vs. the industry median of 3.46, Makino Milling Machine Co 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,088 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. Makino Milling Machine Co's current Earnings Yield (Joel Greenblatt) % of 11.70% is 238.6% 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 Makino Milling Machine Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makino Milling Machine Co's current Earnings Yield (Joel Greenblatt) % is 11.70%, which is near median its own 10-year median of 11.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makino Milling Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Makino Milling Machine Co (MKMLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.81, compared to a current price of $90.16 — trading 77.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.70%, which is near median its 10-year median of 11.47 and 238.6% above the Industrial Products industry median of 3.46. Makino Milling Machine Co's overall GF Score™ is 78/100 with 3 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 Makino Milling Machine Co (MKMLF), the current Earnings Yield (Joel Greenblatt) % is 11.70% 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 Makino Milling Machine Co (MKMLF) Overvalued in 2026?
Based on GuruFocus' analysis, Makino Milling Machine Co stock appears to be overvalued.
The current stock price of $90.16 is trading 77.4% above its estimated GF Value™ of $50.81.
GuruFocus considers Makino Milling Machine Co to be Significantly Overvalued.
Key valuation signals for MKMLF:
Earnings Yield (Joel Greenblatt) %: 11.70% (near median its 10-year median of 11.47)
GF Value™: $50.81 vs. price of $90.16 (77.4% above fair value)
Industry Position: 238.6% above the Industrial Products median (#637 of 3088)
No single metric tells the full story. See the MKMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.
78GF Score
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