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.
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.
Astra Microwave ProductsNSE:ASTRAMICRO +2.26%76 Earnings Yield (Joel Greenblatt) % is 1.84% as of Jun. 2026, which is 44% below its 10-year median of 3.29. GuruFocus rates NSE:ASTRAMICRO with a GF Score™ of 76/100 and a GF Value™ of ₹1,011.78 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,492 Hardware companies, Astra Microwave Products ranks worse than 53.41% on this metric.
Astra Microwave Products's Enterprise Value for the quarter that ended in Jun. 2026 was ₹167,255 Mil.
Astra Microwave Products's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,072 Mil. Astra Microwave Products's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 1.84%.
The historical rank and industry rank for Astra Microwave Products's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:ASTRAMICRO'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.18 Med: 3.29 Max: 14.12
Current: 1.86
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Astra Microwave Products was 14.12%. The lowest was 0.18%. And the median was 3.29%.
NSE:ASTRAMICRO's Earnings Yield (Joel Greenblatt) % is ranked worse than 53.41% of 2492
companies
in the Hardware industry
Industry Median: 2.17
vs NSE:ASTRAMICRO: 1.86
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) %. Astra Microwave Products's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Astra Microwave Products Earnings Yield (Joel Greenblatt) % Related Terms
Astra Microwave Products Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Astra Microwave Products'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 Communication Equipment subindustry, Astra Microwave Products'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.
Astra Microwave Products Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Astra Microwave Products's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Astra Microwave Products'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.
Astra Microwave Productss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Astra Microwave Products'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 ₹3,072 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.84% mean?
Astra Microwave Products (NSE:ASTRAMICRO) has a Earnings Yield (Joel Greenblatt) % of 1.84% 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 Astra Microwave Products and its competitors. This is 44% below median its historical median of 3.29. Over the past decade, Astra Microwave Products' Earnings Yield (Joel Greenblatt) % has ranged from 0.18 to 14.12. According to the industry distribution chart, Astra Microwave Products ranks #1331 out of 2492 companies in the Hardware industry, placing it in the top 53.4%.
Is Astra Microwave Products' Earnings Yield (Joel Greenblatt) % too high?
Astra Microwave Products' current Earnings Yield (Joel Greenblatt) % of 1.84% is 44% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 14.12. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.17. Astra Microwave Products' value of 1.84% is 15.2% below this industry median. Based on the distribution chart, Astra Microwave Products ranks #1331 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, Astra Microwave Products has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astra Microwave Products' Earnings Yield (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Astra Microwave Products ranks #1331 out of 2492 companies for Earnings Yield (Joel Greenblatt) %. This places Astra Microwave Products in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.17. Astra Microwave Products' value of 1.84% is 15.2% below this benchmark. Historically, Astra Microwave Products' own Earnings Yield (Joel Greenblatt) % has ranged from 0.18 to 14.12 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 2.17, Astra Microwave Products 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.17, based on 2,492 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. Astra Microwave Products's current Earnings Yield (Joel Greenblatt) % of 1.84% is 15.2% 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 Astra Microwave Products and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current Earnings Yield (Joel Greenblatt) % is 1.84%, which is 44% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Microwave Products stock overvalued right now?
Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,011.78, compared to a current price of ₹1,739.30 — trading 71.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.84%, which is 44% below median its 10-year median of 3.29 and 15.2% below the Hardware industry median of 2.17. Astra Microwave Products' overall GF Score™ is 76/100 with 8 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 Astra Microwave Products (NSE:ASTRAMICRO), the current Earnings Yield (Joel Greenblatt) % is 1.84% 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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued.
The current stock price of ₹1,739.30 is trading 71.9% above its estimated GF Value™ of ₹1,011.78.
GuruFocus considers Astra Microwave Products to be Significantly Overvalued.
Key valuation signals for NSE:ASTRAMICRO:
Earnings Yield (Joel Greenblatt) %: 1.84% (44% below median its 10-year median of 3.29)
GF Value™: ₹1,011.78 vs. price of ₹1,739.30 (71.9% above fair value)
Industry Position: 15.2% below the Hardware median (#1331 of 2492)
No single metric tells the full story. See the NSE:ASTRAMICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
76GF Score
Get the complete analysis for NSE:ASTRAMICRO
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASTRAMICRO has been successfully added to your 
