Old Mutual (NAM:OMM) Earnings Yield (Joel Greenblatt) %: 51.28% (As of Dec. 2025) — 70% Above Median

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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.
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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.

NAM:OMM Old Mutual Ltd NAM:OMM
77 GF Score
Price R12.97
GF Value R21.00
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Old Mutual Earnings Yield (Joel Greenblatt) %?

Old Mutual NAM:OMM 77 Earnings Yield (Joel Greenblatt) % is 51.28% as of Dec. 2025, which is 70% above its 10-year median of 30.25. GuruFocus rates NAM:OMM with a GF Score™ of 77/100 and a GF Value™ of R21.00 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 615 Diversified Financial Services companies, Old Mutual ranks better than 95.61% on this metric.

Old Mutual's Enterprise Value for the quarter that ended in Dec. 2025 was R46,361 Mil. Old Mutual's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R23,900 Mil. Old Mutual's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 51.28%.

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

NAM:OMM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.94   Med: 30.25   Max: 65.51
Current: 65.51

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Old Mutual was 65.51%. The lowest was -3.94%. And the median was 30.25%.

NAM:OMM's Earnings Yield (Joel Greenblatt) % is ranked better than
95.61% of 615 companies
in the Diversified Financial Services industry
Industry Median: -0.22 vs NAM:OMM: 65.51

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) %. Old Mutual's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 43.12%. 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.


Old Mutual  (NAM:OMM) 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.


Old Mutual Earnings Yield (Joel Greenblatt) % Related Terms


Old Mutual Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Old Mutual'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.

Old Mutual Earnings Yield (Joel Greenblatt) % Chart

Old Mutual 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 29.85 21.65 31.45 39.53 51.28

Old Mutual 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 31.45 0.00 39.53 0.00 51.28

NAM:OMM vs FRHC, VOYA: Earnings Yield (Joel Greenblatt) % Comparison

For the Financial Conglomerates subindustry, Old Mutual'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.


Old Mutual Earnings Yield (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Old Mutual's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


NAM:OMM
77GF Score
Old Mutual Ltd NAM:OMM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Old Mutual 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=23900/46361.11515
=51.55 %

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 51.28% mean?
Old Mutual (NAM:OMM) has a Earnings Yield (Joel Greenblatt) % of 51.28% 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 Old Mutual and its competitors. This is 70% above median its historical median of 30.25. According to the industry distribution chart, Old Mutual ranks #27 out of 615 companies in the Diversified Financial Services industry, placing it in the top 4.4%.
Is Old Mutual's Earnings Yield (Joel Greenblatt) % too high?
Old Mutual's current Earnings Yield (Joel Greenblatt) % of 51.28% is 70% above median its 10-year median of 30.25. Based on the distribution chart, Old Mutual ranks #27 out of 615 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Old Mutual has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Old Mutual's Earnings Yield (Joel Greenblatt) % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Old Mutual ranks #27 out of 615 companies for Earnings Yield (Joel Greenblatt) %. This places Old Mutual in the top 4% of its industry — outperforming the majority of peers. 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 Diversified Financial Services company?
A good Earnings Yield (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Old Mutual and its competitors. Old Mutual's current Earnings Yield (Joel Greenblatt) % is 51.28%, which is 70% above median its own 10-year median of 30.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Mutual stock overvalued right now?
Based on GuruFocus' analysis, Old Mutual (NAM:OMM) is currently considered Significantly Undervalued. The stock's GF Value™ is R21.00, compared to a current price of R12.97 — trading 38.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 51.28%, which is 70% above median its 10-year median of 30.25. Old Mutual's overall GF Score™ is 77/100 with 1 warning sign 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 Old Mutual (NAM:OMM), the current Earnings Yield (Joel Greenblatt) % is 51.28% 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 Old Mutual (NAM:OMM) Overvalued in 2026?

Based on GuruFocus' analysis, Old Mutual stock appears to be undervalued. The current stock price of R12.97 is trading 38.2% below its estimated GF Value™ of R21.00. GuruFocus considers Old Mutual to be Significantly Undervalued.

Key valuation signals for NAM:OMM:

  • Earnings Yield (Joel Greenblatt) %: 51.28% (70% above median its 10-year median of 30.25)
  • GF Value™: R21.00 vs. price of R12.97 (38.2% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Old Mutual Business Description

Address Mutualpark, Jan Smuts Drive, Pinelands, Cape Town, WC, ZAF, 7405
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: Old Mutual Life and Savings, Old Mutual Investments, Old Mutual Banking, Old Mutual Insure, Old Mutual Africa Regions, and Other Group Activities. The company generates key revenue from Old Mutual Life and Savings, which comprises retail and corporate segments offering risk, savings, investment, lending, and income products across diverse markets. This includes simple financial solutions for low- to lower-middle-income customers, holistic financial advice and tailored investment offerings for middle-income and high-net-worth individuals, and employee benefits and business solutions for SMEs.
77GF Score

Get the complete analysis for NAM:OMM

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

R12.97
Price
R21.00
GF Value