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NACCO IndustriesNC +1.74%68 Earnings Yield (Joel Greenblatt) % is 3.92% as of Jun. 2026, which is 73% below its 10-year median of 14.56. GuruFocus rates NC with a GF Scoreâ„¢ of 68/100 and a GF Valueâ„¢ of $41.39 (Fairly Valued). The stock has 7 warning signs investors should review. Among 187 Other Energy Sources companies, NACCO Industries ranks better than 62.03% on this metric.
NACCO Industries's Enterprise Value for the quarter that ended in Jun. 2026 was $459.3 Mil.
NACCO Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $18.0 Mil. NACCO Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.92%.
The historical rank and industry rank for NACCO Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.25 Med: 14.56 Max: 57.72
Current: 4.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of NACCO Industries was 57.72%. The lowest was -35.25%. And the median was 14.56%.
NC's Earnings Yield (Joel Greenblatt) % is ranked better than 62.03% of 187
companies
in the Other Energy Sources industry
Industry Median: 0.97
vs NC: 4.46
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) %. NACCO Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 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.
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.
NACCO Industries Earnings Yield (Joel Greenblatt) % Related Terms
NACCO Industries Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for NACCO Industries'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.
NC vs NRP, CNR: Earnings Yield (Joel Greenblatt) % Comparison
For the Thermal Coal subindustry, NACCO Industries'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.
NACCO Industries Earnings Yield (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NACCO Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NACCO Industries's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
NACCO Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
NACCO Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.92% mean?
NACCO Industries (NC) has a Earnings Yield (Joel Greenblatt) % of 3.92% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on NACCO Industries and its competitors. This is 73% below median its historical median of 14.56. According to the industry distribution chart, NACCO Industries ranks #71 out of 187 companies in the Other Energy Sources industry, placing it in the top 38%.
Is NACCO Industries' Earnings Yield (Joel Greenblatt) % too high?
NACCO Industries' current Earnings Yield (Joel Greenblatt) % of 3.92% is 73% below median its 10-year median of 14.56. The Other Energy Sources industry median Earnings Yield (Joel Greenblatt) % is 0.97. NACCO Industries' value of 3.92% is 304.1% above this industry median. Based on the distribution chart, NACCO Industries ranks #71 out of 187 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, NACCO Industries has a GF Scoreâ„¢ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NACCO Industries' Earnings Yield (Joel Greenblatt) % compare to NRP and CNR?
According to the Other Energy Sources industry distribution chart, NACCO Industries ranks #71 out of 187 companies for Earnings Yield (Joel Greenblatt) %. This puts NACCO Industries in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.97. NACCO Industries' value of 3.92% is 304.1% above this benchmark. While the company's 10-year median is 14.56 vs. the industry median of 0.97, NACCO Industries 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 Other Energy Sources company?
The median Earnings Yield (Joel Greenblatt) % among Other Energy Sources companies is 0.97, based on 187 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. NACCO Industries's current Earnings Yield (Joel Greenblatt) % of 3.92% is 304.1% 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 NACCO Industries and its competitors. For the Other Energy Sources industry, the median Earnings Yield (Joel Greenblatt) % is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NACCO Industries's current Earnings Yield (Joel Greenblatt) % is 3.92%, which is 73% below median its own 10-year median of 14.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NACCO Industries stock overvalued right now?
Based on GuruFocus' analysis, NACCO Industries (NC) is currently considered Fairly Valued. The stock's GF Value™ is $41.39, compared to a current price of $42.64 — trading 3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.92%, which is 73% below median its 10-year median of 14.56 and 304.1% above the Other Energy Sources industry median of 0.97. NACCO Industries' overall GF Score™ is 68/100 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 NACCO Industries (NC), the current Earnings Yield (Joel Greenblatt) % is 3.92% as of Jun. 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 NACCO Industries (NC) Overvalued in 2026?
Based on GuruFocus' analysis, NACCO Industries stock appears to be overvalued.
The current stock price of $42.64 is trading 3% above its estimated GF Value™ of $41.39.
GuruFocus considers NACCO Industries to be Fairly Valued.
Key valuation signals for NC:
Earnings Yield (Joel Greenblatt) %: 3.92% (73% below median its 10-year median of 14.56)
GF Value™: $41.39 vs. price of $42.64 (3% above fair value)
Industry Position: 304.1% above the Other Energy Sources median (#71 of 187)
No single metric tells the full story. See the NC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NACCO Industries Inc is a holding company that operates in the mining and natural resource industries. It has three operating segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The Utility Coal Mining segment, operated by North American Coal, manages surface coal mines that are exclusive, long-term fuel providers for power generation companies. The Contract Mining segment, operated by North American Mining, is a provider of a broad range of specialized, long-term contract mining services. The Minerals and Royalties segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral and royalty interests and other related investments.
68GF Score
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