SMN Power HoldingOG (MUS:SMNP) Earnings Yield (Joel Greenblatt) %: 6.60% (As of Dec. 2025) — 27% 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.

MUS:SMNP SMN Power Holding SAOG MUS:SMNP
38 GF Score
Price ر.ع0.19
GF Value ر.ع0.20
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is SMN Power HoldingOG Earnings Yield (Joel Greenblatt) %?

SMN Power HoldingOG MUS:SMNP 38 Earnings Yield (Joel Greenblatt) % is 6.60% as of Dec. 2025, which is 27% below its 10-year median of 9.08. GuruFocus rates MUS:SMNP with a GF Score™ of 38/100 and a GF Value™ of ر.ع0.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 479 Utilities - Independent Power Producers companies, SMN Power HoldingOG ranks better than 74.32% on this metric.

SMN Power HoldingOG's Enterprise Value for the quarter that ended in Dec. 2025 was ر.ع65.76 Mil. SMN Power HoldingOG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع4.34 Mil. SMN Power HoldingOG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 6.60%.

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

MUS:SMNP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55.33   Med: 9.08   Max: 24.96
Current: 7.39

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SMN Power HoldingOG was 24.96%. The lowest was -55.33%. And the median was 9.08%.

MUS:SMNP's Earnings Yield (Joel Greenblatt) % is ranked better than
74.32% of 479 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.31 vs MUS:SMNP: 7.39

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) %. SMN Power HoldingOG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 0.00%. 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.


SMN Power HoldingOG  (MUS:SMNP) 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.


SMN Power HoldingOG Earnings Yield (Joel Greenblatt) % Related Terms


SMN Power HoldingOG Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SMN Power HoldingOG'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.

SMN Power HoldingOG Earnings Yield (Joel Greenblatt) % Chart

SMN Power HoldingOG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.34 24.94 -54.05 9.50 6.60

SMN Power HoldingOG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 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 15.34 24.94 -54.05 9.50 6.60

MUS:SMNP vs CEG, VST, NRG: Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Independent Power Producers subindustry, SMN Power HoldingOG'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.


SMN Power HoldingOG Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SMN Power HoldingOG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where SMN Power HoldingOG's Earnings Yield (Joel Greenblatt) % falls into.


MUS:SMNP
38GF Score
SMN Power Holding SAOG MUS:SMNP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMN Power HoldingOG 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.

SMN Power HoldingOGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=4.342/65.760828
=6.60 %

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 6.60% mean?
SMN Power HoldingOG (MUS:SMNP) has a Earnings Yield (Joel Greenblatt) % of 6.60% 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 SMN Power HoldingOG and its competitors. This is 27% below median its historical median of 9.08. According to the industry distribution chart, SMN Power HoldingOG ranks #123 out of 479 companies in the Utilities - Independent Power Producers industry, placing it in the top 25.7%.
Is SMN Power HoldingOG's Earnings Yield (Joel Greenblatt) % too high?
SMN Power HoldingOG's current Earnings Yield (Joel Greenblatt) % of 6.60% is 27% below median its 10-year median of 9.08. The Utilities - Independent Power Producers industry median Earnings Yield (Joel Greenblatt) % is 3.31. SMN Power HoldingOG's value of 6.60% is 99.4% above this industry median. Based on the distribution chart, SMN Power HoldingOG ranks #123 out of 479 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, SMN Power HoldingOG has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SMN Power HoldingOG's Earnings Yield (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, SMN Power HoldingOG ranks #123 out of 479 companies for Earnings Yield (Joel Greenblatt) %. This puts SMN Power HoldingOG in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.31. SMN Power HoldingOG's value of 6.60% is 99.4% above this benchmark. While the company's 10-year median is 9.08 vs. the industry median of 3.31, SMN Power HoldingOG 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 Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.31, based on 479 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. SMN Power HoldingOG's current Earnings Yield (Joel Greenblatt) % of 6.60% is 99.4% 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 SMN Power HoldingOG and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMN Power HoldingOG's current Earnings Yield (Joel Greenblatt) % is 6.60%, which is 27% below median its own 10-year median of 9.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMN Power HoldingOG stock overvalued right now?
Based on GuruFocus' analysis, SMN Power HoldingOG (MUS:SMNP) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.20, compared to a current price of ر.ع0.19 — trading 6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.60%, which is 27% below median its 10-year median of 9.08 and 99.4% above the Utilities - Independent Power Producers industry median of 3.31. SMN Power HoldingOG's overall GF Score™ is 38/100 with 7 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 SMN Power HoldingOG (MUS:SMNP), the current Earnings Yield (Joel Greenblatt) % is 6.60% 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 SMN Power HoldingOG (MUS:SMNP) Overvalued in 2026?

Based on GuruFocus' analysis, SMN Power HoldingOG stock appears to be undervalued. The current stock price of ر.ع0.19 is trading 6% below its estimated GF Value™ of ر.ع0.20. GuruFocus considers SMN Power HoldingOG to be Fairly Valued.

Key valuation signals for MUS:SMNP:

  • Earnings Yield (Joel Greenblatt) %: 6.60% (27% below median its 10-year median of 9.08)
  • GF Value™: ر.ع0.20 vs. price of ر.ع0.19 (6% below fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 99.4% above the Utilities - Independent Power Producers median (#123 of 479)

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


SMN Power HoldingOG Business Description

Address Way No. 1013, Office No. 15, Qurum Building, 1st Floor, Al Qurum, Muscat, OMN
SMN Power Holding SAOG is a company based in the Sultanate of Oman. Along with its subsidiaries, the company is engaged in the power generation and water desalination business. The company also invests its funds in shares, bonds, and securities, and owns and leases patents, trademarks, concessions, and other incorporeal rights to its subsidiaries and other companies.
38GF Score

Get the complete analysis for MUS:SMNP

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

ر.ع0.19
Price
ر.ع0.20
GF Value