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Nongfu Spring CoNNFSF 91 Earnings Yield (Joel Greenblatt) % is 4.54% as of Dec. 2025, which is 71% above its 10-year median of 2.65. GuruFocus rates NNFSF with a GF Scoreâ„¢ of 91/100 and a GF Valueâ„¢ of $8.41 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 119 Beverages - Non-Alcoholic companies, Nongfu Spring Co ranks worse than 56.3% on this metric.
Nongfu Spring Co's Enterprise Value for the quarter that ended in Dec. 2025 was $69,956 Mil.
Nongfu Spring Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,952 Mil. Nongfu Spring Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 4.54%.
The historical rank and industry rank for Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NNFSF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.16 Med: 2.65 Max: 6.69
Current: 5.03
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Nongfu Spring Co was 6.69%. The lowest was 1.16%. And the median was 2.65%.
NNFSF's Earnings Yield (Joel Greenblatt) % is ranked worse than 56.3% of 119
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.65
vs NNFSF: 5.03
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) %. Nongfu Spring Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 19.83%. 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.
Nongfu Spring Co (OTCPK:NNFSF) 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.
Nongfu Spring Co Earnings Yield (Joel Greenblatt) % Related Terms
Nongfu Spring Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Nongfu Spring 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.
Nongfu Spring Co Earnings Yield (Joel Greenblatt) % Chart
For the Beverages - Non-Alcoholic subindustry, Nongfu Spring 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.
Nongfu Spring Co Earnings Yield (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % falls into.
Nongfu Spring 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.
Nongfu Spring Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 4.54% mean?
Nongfu Spring Co (NNFSF) has a Earnings Yield (Joel Greenblatt) % of 4.54% 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 Nongfu Spring Co and its competitors. This is 71% above median its historical median of 2.65. Over the past decade, Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.16 to 6.69. According to the industry distribution chart, Nongfu Spring Co ranks #67 out of 119 companies in the Beverages - Non-Alcoholic industry, placing it in the top 56.3%.
Is Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % too high?
Nongfu Spring Co's current Earnings Yield (Joel Greenblatt) % of 4.54% is 71% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 6.69. The Beverages - Non-Alcoholic industry median Earnings Yield (Joel Greenblatt) % is 5.65. Nongfu Spring Co's value of 4.54% is 19.6% below this industry median. Based on the distribution chart, Nongfu Spring Co ranks #67 out of 119 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Nongfu Spring Co has a GF Scoreâ„¢ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nongfu Spring Co's Earnings Yield (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Nongfu Spring Co ranks #67 out of 119 companies for Earnings Yield (Joel Greenblatt) %. This places Nongfu Spring Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.65. Nongfu Spring Co's value of 4.54% is 19.6% below this benchmark. Historically, Nongfu Spring Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.16 to 6.69 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 5.65, Nongfu Spring Co has consistently been below 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 a Beverages - Non-Alcoholic company?
The median Earnings Yield (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 5.65, based on 119 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. Nongfu Spring Co's current Earnings Yield (Joel Greenblatt) % of 4.54% is 19.6% below 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 Nongfu Spring Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Earnings Yield (Joel Greenblatt) % is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nongfu Spring Co's current Earnings Yield (Joel Greenblatt) % is 4.54%, which is 71% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nongfu Spring Co stock overvalued right now?
Based on GuruFocus' analysis, Nongfu Spring Co (NNFSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.41, compared to a current price of $5.17 — trading 38.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.54%, which is 71% above median its 10-year median of 2.65 and 19.6% below the Beverages - Non-Alcoholic industry median of 5.65. Nongfu Spring Co's overall GF Score™ is 91/100 with 2 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 Nongfu Spring Co (NNFSF), the current Earnings Yield (Joel Greenblatt) % is 4.54% 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 Nongfu Spring Co (NNFSF) Overvalued in 2026?
Based on GuruFocus' analysis, Nongfu Spring Co stock appears to be undervalued.
The current stock price of $5.17 is trading 38.5% below its estimated GF Value™ of $8.41.
GuruFocus considers Nongfu Spring Co to be Significantly Undervalued.
Key valuation signals for NNFSF:
Earnings Yield (Joel Greenblatt) %: 4.54% (71% above median its 10-year median of 2.65)
GF Value™: $8.41 vs. price of $5.17 (38.5% below fair value)
Industry Position: 19.6% below the Beverages - Non-Alcoholic median (#67 of 119)
No single metric tells the full story. See the NNFSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1996, Nongfu Spring is a leading beverage producer with products primarily in the packaged water, ready-to-drink tea, juice, coffee, and functional beverages sectors in China. It holds the number-one share in the bottled water market; this segment contributed approximately 40% of the firm's revenue and EBIT in 2024.
91GF Score
Get the complete analysis for NNFSF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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