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NetcapitalNCPL +10.98%32 Earnings Yield (Joel Greenblatt) % is -416.67% as of Jan. 2026. GuruFocus rates NCPL with a GF Score™ of 32/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 776 Capital Markets companies, Netcapital ranks worse than 99.48% on this metric.
Netcapital's Enterprise Value for the quarter that ended in Jan. 2026 was $6.58 Mil.
Netcapital's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $-27.69 Mil. Netcapital's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2026 was -416.67%.
The historical rank and industry rank for Netcapital's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NCPL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -775.88 Med: 6.8 Max: 84.09
Current: -555.56
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Netcapital was 84.09%. The lowest was -775.88%. And the median was 6.80%.
NCPL's Earnings Yield (Joel Greenblatt) % is ranked worse than 99.48% of 776
companies
in the Capital Markets industry
Industry Median: 2.795
vs NCPL: -555.56
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) %. Netcapital's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.
Netcapital Earnings Yield (Joel Greenblatt) % Related Terms
Netcapital Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Netcapital'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.
For the Capital Markets subindustry, Netcapital'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.
Netcapital Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Netcapital's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Netcapital'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.
Netcapitals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2025 is calculated as
Netcapital's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27.69 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -416.67% mean?
Netcapital (NCPL) has a Earnings Yield (Joel Greenblatt) % of -416.67% as of Jan. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Netcapital and its competitors. According to the industry distribution chart, Netcapital ranks #772 out of 776 companies in the Capital Markets industry, placing it in the top 99.5%.
Is Netcapital's Earnings Yield (Joel Greenblatt) % too high?
Netcapital's current Earnings Yield (Joel Greenblatt) % is -416.67%. Based on the distribution chart, Netcapital ranks #772 out of 776 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Netcapital has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netcapital's Earnings Yield (Joel Greenblatt) % compare to ABTS and PMAX?
According to the Capital Markets industry distribution chart, Netcapital ranks #772 out of 776 companies for Earnings Yield (Joel Greenblatt) %. This places Netcapital in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.80. 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.80, based on 776 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. 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 Netcapital and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcapital's current Earnings Yield (Joel Greenblatt) % is -416.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcapital stock overvalued right now?
Based on GuruFocus' analysis, Netcapital (NCPL) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.44 — trading 529% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -416.67%. Netcapital's overall GF Score™ is 32/100 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 Netcapital (NCPL), the current Earnings Yield (Joel Greenblatt) % is -416.67% as of Jan. 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 Netcapital (NCPL) Overvalued in 2026?
Based on GuruFocus' analysis, Netcapital stock appears to be overvalued.
The current stock price of $0.44 is trading 529% above its estimated GF Value™ of $0.07.
GuruFocus considers Netcapital to be Significantly Overvalued.
Key valuation signals for NCPL:
Earnings Yield (Joel Greenblatt) %: -416.67%
GF Value™: $0.07 vs. price of $0.44 (529% above fair value)
No single metric tells the full story. See the NCPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcapital Inc is a financial technology company. The company facilitates the growth of private companies by providing fundraising services and other consulting services. The company's online private investment platform connects entrepreneurs and investors, enabling companies to raise capital digitally. The Company operates in a single operating segment, which is the provision of fintech services.
32GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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