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Honeywell Flour MillsNSA:HFM +2.34%68 Earnings Yield (Joel Greenblatt) % is 21.46% as of Mar. 2025, which is 141% above its 10-year median of 8.90. GuruFocus rates NSA:HFM with a GF Score™ of 68/100 and a GF Value™ of ₦10.57 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,028 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 87.03% on this metric.
Honeywell Flour Mills's Enterprise Value for the quarter that ended in Mar. 2025 was ₦120,510 Mil.
Honeywell Flour Mills's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ₦25,840 Mil. Honeywell Flour Mills's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 21.46%.
The historical rank and industry rank for Honeywell Flour Mills's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSA:HFM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.75 Med: 8.9 Max: 23.36
Current: 16.03
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Honeywell Flour Mills was 23.36%. The lowest was -3.75%. And the median was 8.90%.
NSA:HFM's Earnings Yield (Joel Greenblatt) % is ranked better than 87.03% of 2028
companies
in the Consumer Packaged Goods industry
Industry Median: 6.04
vs NSA:HFM: 16.03
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) %. Honeywell Flour Mills's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 77.37%. 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.
Honeywell Flour Mills Earnings Yield (Joel Greenblatt) % Related Terms
Honeywell Flour Mills Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Honeywell Flour Mills'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 Packaged Foods subindustry, Honeywell Flour Mills'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.
Honeywell Flour Mills Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Honeywell Flour Mills'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.
Honeywell Flour Millss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 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 21.46% mean?
Honeywell Flour Mills (NSA:HFM) has a Earnings Yield (Joel Greenblatt) % of 21.46% as of Mar. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Honeywell Flour Mills and its competitors. This is 141% above median its historical median of 8.90. According to the industry distribution chart, Honeywell Flour Mills ranks #263 out of 2028 companies in the Consumer Packaged Goods industry, placing it in the top 13%.
Is Honeywell Flour Mills' Earnings Yield (Joel Greenblatt) % too high?
Honeywell Flour Mills' current Earnings Yield (Joel Greenblatt) % of 21.46% is 141% above median its 10-year median of 8.90. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.04. Honeywell Flour Mills' value of 21.46% is 255.3% above this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #263 out of 2028 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Earnings Yield (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #263 out of 2028 companies for Earnings Yield (Joel Greenblatt) %. This places Honeywell Flour Mills in the top 13% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.04. Honeywell Flour Mills' value of 21.46% is 255.3% above this benchmark. While the company's 10-year median is 8.90 vs. the industry median of 6.04, Honeywell Flour Mills 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 a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.04, based on 2,028 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. Honeywell Flour Mills's current Earnings Yield (Joel Greenblatt) % of 21.46% is 255.3% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Earnings Yield (Joel Greenblatt) % is 21.46%, which is 141% above median its own 10-year median of 8.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.57, compared to a current price of ₦17.50 — trading 65.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 21.46%, which is 141% above median its 10-year median of 8.90 and 255.3% above the Consumer Packaged Goods industry median of 6.04. Honeywell Flour Mills' overall GF Score™ is 68/100 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 Honeywell Flour Mills (NSA:HFM), the current Earnings Yield (Joel Greenblatt) % is 21.46% as of Mar. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued.
The current stock price of ₦17.50 is trading 65.6% above its estimated GF Value™ of ₦10.57.
GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.
Key valuation signals for NSA:HFM:
Earnings Yield (Joel Greenblatt) %: 21.46% (141% above median its 10-year median of 8.90)
GF Value™: ₦10.57 vs. price of ₦17.50 (65.6% above fair value)
Industry Position: 255.3% above the Consumer Packaged Goods median (#263 of 2028)
No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
68GF Score
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