Asahi-Seiki Manufacturing Co (NGO:6111) Earnings Yield (Joel Greenblatt) %: 19.23% (As of Jun. 2026) — 10% Above 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.

NGO:6111 Asahi-Seiki Manufacturing Co Ltd NGO:6111
54 GF Score
Price 円2,010.00
GF Value 円2,409.97
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi-Seiki Manufacturing Co Earnings Yield (Joel Greenblatt) %?

Asahi-Seiki Manufacturing Co NGO:6111 54 Earnings Yield (Joel Greenblatt) % is 19.23% as of Jun. 2026, which is 10% above its 10-year median of 17.53. GuruFocus rates NGO:6111 with a GF Score™ of 54/100 and a GF Value™ of 円2,409.97 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,105 Industrial Products companies, Asahi-Seiki Manufacturing Co ranks better than 96.81% on this metric.

Asahi-Seiki Manufacturing Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円5,130 Mil. Asahi-Seiki Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円987 Mil. Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 19.23%.

The historical rank and industry rank for Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NGO:6111' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.53   Med: 17.53   Max: 119.21
Current: 32.62

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Asahi-Seiki Manufacturing Co was 119.21%. The lowest was 1.53%. And the median was 17.53%.

NGO:6111's Earnings Yield (Joel Greenblatt) % is ranked better than
96.81% of 3105 companies
in the Industrial Products industry
Industry Median: 3.46 vs NGO:6111: 32.62

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) %. Asahi-Seiki Manufacturing Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -1.02%. 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.


Asahi-Seiki Manufacturing Co  (NGO:6111) 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.


Asahi-Seiki Manufacturing Co Earnings Yield (Joel Greenblatt) % Related Terms


Asahi-Seiki Manufacturing Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Asahi-Seiki Manufacturing Co'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.

Asahi-Seiki Manufacturing Co Earnings Yield (Joel Greenblatt) % Chart

Asahi-Seiki Manufacturing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.62 12.03 7.86 12.63 24.37

Asahi-Seiki Manufacturing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.59 65.57 20.26 25.57 19.23

NGO:6111 vs ATI, CRS, MLI: Earnings Yield (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, Asahi-Seiki Manufacturing Co'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.


Asahi-Seiki Manufacturing Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % falls into.


NGO:6111
54GF Score
Asahi-Seiki Manufacturing Co Ltd NGO:6111
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi-Seiki Manufacturing Co 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.

Asahi-Seiki Manufacturing Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1134.432/4654.641
=24.37 %

Asahi-Seiki Manufacturing Co'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 円987 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 19.23% mean?
Asahi-Seiki Manufacturing Co (NGO:6111) has a Earnings Yield (Joel Greenblatt) % of 19.23% 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 Asahi-Seiki Manufacturing Co and its competitors. This is 10% above median its historical median of 17.53. Over the past decade, Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.53 to 119.21. According to the industry distribution chart, Asahi-Seiki Manufacturing Co ranks #99 out of 3105 companies in the Industrial Products industry, placing it in the top 3.2%.
Is Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % too high?
Asahi-Seiki Manufacturing Co's current Earnings Yield (Joel Greenblatt) % of 19.23% is 10% above median its 10-year median of 17.53. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 119.21. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.46. Asahi-Seiki Manufacturing Co's value of 19.23% is 455.8% above this industry median. Based on the distribution chart, Asahi-Seiki Manufacturing Co ranks #99 out of 3105 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi-Seiki Manufacturing Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi-Seiki Manufacturing Co's Earnings Yield (Joel Greenblatt) % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Asahi-Seiki Manufacturing Co ranks #99 out of 3105 companies for Earnings Yield (Joel Greenblatt) %. This places Asahi-Seiki Manufacturing Co in the top 3% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. Asahi-Seiki Manufacturing Co's value of 19.23% is 455.8% above this benchmark. Historically, Asahi-Seiki Manufacturing Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.53 to 119.21 over the past decade. While the company's 10-year median is 17.53 vs. the industry median of 3.46, Asahi-Seiki Manufacturing Co 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 Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,105 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. Asahi-Seiki Manufacturing Co's current Earnings Yield (Joel Greenblatt) % of 19.23% is 455.8% 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 Asahi-Seiki Manufacturing Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi-Seiki Manufacturing Co's current Earnings Yield (Joel Greenblatt) % is 19.23%, which is 10% above median its own 10-year median of 17.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi-Seiki Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co (NGO:6111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,409.97, compared to a current price of 円2,010.00 — trading 16.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 19.23%, which is 10% above median its 10-year median of 17.53 and 455.8% above the Industrial Products industry median of 3.46. Asahi-Seiki Manufacturing Co's overall GF Score™ is 54/100 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 Asahi-Seiki Manufacturing Co (NGO:6111), the current Earnings Yield (Joel Greenblatt) % is 19.23% 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 Asahi-Seiki Manufacturing Co (NGO:6111) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co stock appears to be undervalued. The current stock price of 円2,010.00 is trading 16.6% below its estimated GF Value™ of 円2,409.97. GuruFocus considers Asahi-Seiki Manufacturing Co to be Modestly Undervalued.

Key valuation signals for NGO:6111:

  • Earnings Yield (Joel Greenblatt) %: 19.23% (10% above median its 10-year median of 17.53)
  • GF Value™: 円2,409.97 vs. price of 円2,010.00 (16.6% below fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 455.8% above the Industrial Products median (#99 of 3105)

No single metric tells the full story. See the NGO:6111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi-Seiki Manufacturing Co Business Description

Address 5050-1, Shindenhora, Asahimae-cho, Owariasahi-shi, Aichi, JPN, 488-8655
Asahi-Seiki Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of precision metal products, press machines, and spring forming machines. The company's segment includes the Precision Machining Division and the Mechanical Division. The company generates the majority of its revenue from the Precision Machining Division. The Precision Machining Division manufactures and sells precision metal products and small-caliber bullets.
54GF Score

Get the complete analysis for NGO:6111

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

円2,010.00
Price
円2,409.97
GF Value