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New Fortress EnergyNFE +4.12%49 Earnings Yield (Joel Greenblatt) % is -14.60% as of Mar. 2026. GuruFocus rates NFE with a GF Score™ of 49/100 and a GF Value™ of $4.35 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,034 Oil & Gas companies, New Fortress Energy ranks worse than 86.65% on this metric.
New Fortress Energy's Enterprise Value for the quarter that ended in Mar. 2026 was $8,775 Mil.
New Fortress Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,281 Mil. New Fortress Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -14.60%.
The historical rank and industry rank for New Fortress Energy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NFE'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.49 Med: -0.15 Max: 6.77
Current: -14.73
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of New Fortress Energy was 6.77%. The lowest was -18.49%. And the median was -0.15%.
NFE's Earnings Yield (Joel Greenblatt) % is ranked worse than 86.65% of 1034
companies
in the Oil & Gas industry
Industry Median: 4.955
vs NFE: -14.73
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) %. New Fortress Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
New Fortress Energy (NAS:NFE) 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.
New Fortress Energy Earnings Yield (Joel Greenblatt) % Related Terms
New Fortress Energy Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for New Fortress Energy'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.
New Fortress Energy Earnings Yield (Joel Greenblatt) % Chart
For the Oil & Gas Midstream subindustry, New Fortress Energy'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.
New Fortress Energy Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Fortress Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's Earnings Yield (Joel Greenblatt) % falls into.
New Fortress Energy 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.
New Fortress Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
New Fortress Energy'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 $-1,281 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -14.60% mean?
New Fortress Energy (NFE) has a Earnings Yield (Joel Greenblatt) % of -14.60% 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 New Fortress Energy and its competitors. According to the industry distribution chart, New Fortress Energy ranks #896 out of 1034 companies in the Oil & Gas industry, placing it in the top 86.7%.
Is New Fortress Energy's Earnings Yield (Joel Greenblatt) % too high?
New Fortress Energy's current Earnings Yield (Joel Greenblatt) % is -14.60%. Based on the distribution chart, New Fortress Energy ranks #896 out of 1034 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, New Fortress Energy has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's Earnings Yield (Joel Greenblatt) % compare to MMLP and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #896 out of 1034 companies for Earnings Yield (Joel Greenblatt) %. This places New Fortress Energy in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.96. 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 Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.96, based on 1,034 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 New Fortress Energy and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current Earnings Yield (Joel Greenblatt) % is -14.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.35, compared to a current price of $0.34 — trading 92.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -14.60%. New Fortress Energy's overall GF Score™ is 49/100 with 10 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 New Fortress Energy (NFE), the current Earnings Yield (Joel Greenblatt) % is -14.60% 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 New Fortress Energy (NFE) Overvalued in 2026?
Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued.
The current stock price of $0.34 is trading 92.3% below its estimated GF Value™ of $4.35.
GuruFocus considers New Fortress Energy to be Possible Value Trap.
Key valuation signals for NFE:
Earnings Yield (Joel Greenblatt) %: -14.60%
GF Value™: $4.35 vs. price of $0.34 (92.3% below fair value)
No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
49GF Score
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