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CarTrade TechNSE:CARTRADE -4.71%78 Earnings Yield (Joel Greenblatt) % is 2.48% as of Jun. 2026, which is 16% above its 10-year median of 2.14. GuruFocus rates NSE:CARTRADE with a GF Score™ of 78/100 and a GF Value™ of ₹2,065.90 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,339 Vehicles & Parts companies, CarTrade Tech ranks worse than 70.95% on this metric.
CarTrade Tech's Enterprise Value for the quarter that ended in Jun. 2026 was ₹129,326 Mil.
CarTrade Tech's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,201 Mil. CarTrade Tech's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.48%.
The historical rank and industry rank for CarTrade Tech's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:CARTRADE'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4 Med: 2.14 Max: 6.15
Current: 2.3
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of CarTrade Tech was 6.15%. The lowest was -4.00%. And the median was 2.14%.
NSE:CARTRADE's Earnings Yield (Joel Greenblatt) % is ranked worse than 70.95% of 1339
companies
in the Vehicles & Parts industry
Industry Median: 5.76
vs NSE:CARTRADE: 2.30
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) %. CarTrade Tech'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.
CarTrade Tech Earnings Yield (Joel Greenblatt) % Related Terms
CarTrade Tech Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for CarTrade Tech'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 Auto & Truck Dealerships subindustry, CarTrade Tech'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.
CarTrade Tech Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CarTrade Tech'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.
CarTrade Techs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
CarTrade Tech'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 ₹3,201 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.48% mean?
CarTrade Tech (NSE:CARTRADE) has a Earnings Yield (Joel Greenblatt) % of 2.48% 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 CarTrade Tech and its competitors. This is 16% above median its historical median of 2.14. According to the industry distribution chart, CarTrade Tech ranks #950 out of 1339 companies in the Vehicles & Parts industry, placing it in the top 70.9%.
Is CarTrade Tech's Earnings Yield (Joel Greenblatt) % too high?
CarTrade Tech's current Earnings Yield (Joel Greenblatt) % of 2.48% is 16% above median its 10-year median of 2.14. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.76. CarTrade Tech's value of 2.48% is 56.9% below this industry median. Based on the distribution chart, CarTrade Tech ranks #950 out of 1339 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, CarTrade Tech has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's Earnings Yield (Joel Greenblatt) % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #950 out of 1339 companies for Earnings Yield (Joel Greenblatt) %. This places CarTrade Tech in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.76. CarTrade Tech's value of 2.48% is 56.9% below this benchmark. While the company's 10-year median is 2.14 vs. the industry median of 5.76, CarTrade Tech 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.76, based on 1,339 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. CarTrade Tech's current Earnings Yield (Joel Greenblatt) % of 2.48% is 56.9% 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 CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current Earnings Yield (Joel Greenblatt) % is 2.48%, which is 16% above median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,065.90, compared to a current price of ₹3,027.10 — trading 46.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.48%, which is 16% above median its 10-year median of 2.14 and 56.9% below the Vehicles & Parts industry median of 5.76. CarTrade Tech's overall GF Score™ is 78/100 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 CarTrade Tech (NSE:CARTRADE), the current Earnings Yield (Joel Greenblatt) % is 2.48% 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 CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹3,027.10 is trading 46.5% above its estimated GF Value™ of ₹2,065.90.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
Earnings Yield (Joel Greenblatt) %: 2.48% (16% above median its 10-year median of 2.14)
GF Value™: ₹2,065.90 vs. price of ₹3,027.10 (46.5% above fair value)
Industry Position: 56.9% below the Vehicles & Parts median (#950 of 1339)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
78GF Score
Get the complete analysis for NSE:CARTRADE
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