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Adani Total GasNSE:ATGL -0.15%94 Earnings Yield (Joel Greenblatt) % is 1.23% as of Jun. 2026, which is 5% below its 10-year median of 1.29. GuruFocus rates NSE:ATGL with a GF Score™ of 94/100 and a GF Value™ of ₹841.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 509 Utilities - Regulated companies, Adani Total Gas ranks worse than 88.41% on this metric.
Adani Total Gas's Enterprise Value for the quarter that ended in Jun. 2026 was ₹804,566 Mil.
Adani Total Gas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,874 Mil. Adani Total Gas's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 1.23%.
The historical rank and industry rank for Adani Total Gas's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:ATGL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.18 Med: 1.29 Max: 5.73
Current: 1.32
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Adani Total Gas was 5.73%. The lowest was 0.18%. And the median was 1.29%.
NSE:ATGL's Earnings Yield (Joel Greenblatt) % is ranked worse than 88.41% of 509
companies
in the Utilities - Regulated industry
Industry Median: 6.55
vs NSE:ATGL: 1.32
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) %. Adani Total Gas'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.
Adani Total Gas (NSE:ATGL) 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.
Adani Total Gas Earnings Yield (Joel Greenblatt) % Related Terms
Adani Total Gas Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Adani Total Gas'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.
Adani Total Gas Earnings Yield (Joel Greenblatt) % Chart
For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.
Adani Total Gas Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Adani Total Gas's Earnings Yield (Joel Greenblatt) % falls into.
Adani Total Gas 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.
Adani Total Gass Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Adani Total Gas'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 ₹9,874 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.23% mean?
Adani Total Gas (NSE:ATGL) has a Earnings Yield (Joel Greenblatt) % of 1.23% 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 Adani Total Gas and its competitors. This is near median its historical median of 1.29. Over the past decade, Adani Total Gas' Earnings Yield (Joel Greenblatt) % has ranged from 0.18 to 5.73. According to the industry distribution chart, Adani Total Gas ranks #450 out of 509 companies in the Utilities - Regulated industry, placing it in the top 88.4%.
Is Adani Total Gas' Earnings Yield (Joel Greenblatt) % too high?
Adani Total Gas' current Earnings Yield (Joel Greenblatt) % of 1.23% is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 5.73. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.55. Adani Total Gas' value of 1.23% is 81.2% below this industry median. Based on the distribution chart, Adani Total Gas ranks #450 out of 509 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Adani Total Gas has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' Earnings Yield (Joel Greenblatt) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #450 out of 509 companies for Earnings Yield (Joel Greenblatt) %. This places Adani Total Gas in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.55. Adani Total Gas' value of 1.23% is 81.2% below this benchmark. Historically, Adani Total Gas' own Earnings Yield (Joel Greenblatt) % has ranged from 0.18 to 5.73 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 6.55, Adani Total Gas 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.55, based on 509 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. Adani Total Gas's current Earnings Yield (Joel Greenblatt) % of 1.23% is 81.2% 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 Adani Total Gas and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current Earnings Yield (Joel Greenblatt) % is 1.23%, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹841.28, compared to a current price of ₹654.05 — trading 22.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.23%, which is near median its 10-year median of 1.29 and 81.2% below the Utilities - Regulated industry median of 6.55. Adani Total Gas' overall GF Score™ is 94/100 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 Adani Total Gas (NSE:ATGL), the current Earnings Yield (Joel Greenblatt) % is 1.23% 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 Adani Total Gas (NSE:ATGL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued.
The current stock price of ₹654.05 is trading 22.3% below its estimated GF Value™ of ₹841.28.
GuruFocus considers Adani Total Gas to be Modestly Undervalued.
Key valuation signals for NSE:ATGL:
Earnings Yield (Joel Greenblatt) %: 1.23% (near median its 10-year median of 1.29)
GF Value™: ₹841.28 vs. price of ₹654.05 (22.3% below fair value)
Industry Position: 81.2% below the Utilities - Regulated median (#450 of 509)
No single metric tells the full story. See the NSE:ATGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
94GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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