Firstsource Solutions (NSE:FSL) Earnings Yield (Joel Greenblatt) %: 6.63% (As of Jun. 2026) — 14% Below Median

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NSE:FSL Firstsource Solutions Ltd NSE:FSL
86 GF Score
Price ₹272.20
GF Value ₹384.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Firstsource Solutions Earnings Yield (Joel Greenblatt) %?

Firstsource Solutions NSE:FSL -0.84% 86 Earnings Yield (Joel Greenblatt) % is 6.63% as of Jun. 2026, which is 14% below its 10-year median of 7.71. GuruFocus rates NSE:FSL with a GF Score™ of 86/100 and a GF Value™ of ₹384.77 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,910 Software companies, Firstsource Solutions ranks better than 62.06% on this metric.

Firstsource Solutions's Enterprise Value for the quarter that ended in Jun. 2026 was ₹157,753 Mil. Firstsource Solutions's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹10,457 Mil. Firstsource Solutions's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.63%.

The historical rank and industry rank for Firstsource Solutions's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NSE:FSL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.73   Med: 7.71   Max: 23.83
Current: 4.83

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Firstsource Solutions was 23.83%. The lowest was 2.73%. And the median was 7.71%.

NSE:FSL's Earnings Yield (Joel Greenblatt) % is ranked better than
62.06% of 2910 companies
in the Software industry
Industry Median: 2.03 vs NSE:FSL: 4.83

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) %. Firstsource Solutions'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.


Firstsource Solutions  (NSE:FSL) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Firstsource Solutions Earnings Yield (Joel Greenblatt) % Related Terms


Firstsource Solutions Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Firstsource Solutions'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.

Firstsource Solutions Earnings Yield (Joel Greenblatt) % Chart

Firstsource Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 8.29 4.89 3.42 6.09

Firstsource Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.66 4.08 4.15 6.09 6.63

NSE:FSL vs IBM, ACN, FISV: Earnings Yield (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Firstsource Solutions'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.


Firstsource Solutions Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Firstsource Solutions's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Firstsource Solutions's Earnings Yield (Joel Greenblatt) % falls into.


NSE:FSL
86GF Score
Firstsource Solutions Ltd NSE:FSL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Firstsource Solutions 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.

Firstsource Solutionss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10313.09/169478.19162
=6.09 %

Firstsource Solutions'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 ₹10,457 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.63% mean?
Firstsource Solutions (NSE:FSL) has a Earnings Yield (Joel Greenblatt) % of 6.63% 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 Firstsource Solutions and its competitors. This is 14% below median its historical median of 7.71. Over the past decade, Firstsource Solutions' Earnings Yield (Joel Greenblatt) % has ranged from 2.73 to 23.83. According to the industry distribution chart, Firstsource Solutions ranks #1104 out of 2910 companies in the Software industry, placing it in the top 37.9%.
Is Firstsource Solutions' Earnings Yield (Joel Greenblatt) % too high?
Firstsource Solutions' current Earnings Yield (Joel Greenblatt) % of 6.63% is 14% below median its 10-year median of 7.71. Over the past 10 years, this metric has ranged from a low of 2.73 to a high of 23.83. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.03. Firstsource Solutions' value of 6.63% is 226.6% above this industry median. Based on the distribution chart, Firstsource Solutions ranks #1104 out of 2910 companies in the Software industry, which is above the industry midpoint. Overall, Firstsource Solutions has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firstsource Solutions' Earnings Yield (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Firstsource Solutions ranks #1104 out of 2910 companies for Earnings Yield (Joel Greenblatt) %. This puts Firstsource Solutions in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.03. Firstsource Solutions' value of 6.63% is 226.6% above this benchmark. Historically, Firstsource Solutions' own Earnings Yield (Joel Greenblatt) % has ranged from 2.73 to 23.83 over the past decade. While the company's 10-year median is 7.71 vs. the industry median of 2.03, Firstsource Solutions 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.03, based on 2,910 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. Firstsource Solutions's current Earnings Yield (Joel Greenblatt) % of 6.63% is 226.6% 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 Firstsource Solutions and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstsource Solutions's current Earnings Yield (Joel Greenblatt) % is 6.63%, which is 14% below median its own 10-year median of 7.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstsource Solutions stock overvalued right now?
Based on GuruFocus' analysis, Firstsource Solutions (NSE:FSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹384.77, compared to a current price of ₹272.20 — trading 29.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.63%, which is 14% below median its 10-year median of 7.71 and 226.6% above the Software industry median of 2.03. Firstsource Solutions' overall GF Score™ is 86/100 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 Firstsource Solutions (NSE:FSL), the current Earnings Yield (Joel Greenblatt) % is 6.63% 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 Firstsource Solutions (NSE:FSL) Overvalued in 2026?

Based on GuruFocus' analysis, Firstsource Solutions stock appears to be undervalued. The current stock price of ₹272.20 is trading 29.3% below its estimated GF Value™ of ₹384.77. GuruFocus considers Firstsource Solutions to be Modestly Undervalued.

Key valuation signals for NSE:FSL:

  • Earnings Yield (Joel Greenblatt) %: 6.63% (14% below median its 10-year median of 7.71)
  • GF Value™: ₹384.77 vs. price of ₹272.20 (29.3% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 226.6% above the Software median (#1104 of 2910)

No single metric tells the full story. See the NSE:FSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Firstsource Solutions Business Description

Other Exchanges 532809:India
Address Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
86GF Score

Get the complete analysis for NSE:FSL

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹272.20
Price
₹384.77
GF Value