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Kalyani SteelsNSE:KSL +2.86%79 Earnings Yield (Joel Greenblatt) % is 9.45% as of Jun. 2026, which is 33% below its 10-year median of 14.21. GuruFocus rates NSE:KSL with a GF Score™ of 79/100 and a GF Value™ of ₹791.66 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 634 Steel companies, Kalyani Steels ranks better than 74.13% on this metric.
Kalyani Steels's Enterprise Value for the quarter that ended in Jun. 2026 was ₹38,506 Mil.
Kalyani Steels's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹3,643 Mil. Kalyani Steels's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.45%.
The historical rank and industry rank for Kalyani Steels's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:KSL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.75 Med: 14.21 Max: 122.41
Current: 10.43
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kalyani Steels was 122.41%. The lowest was 6.75%. And the median was 14.21%.
NSE:KSL's Earnings Yield (Joel Greenblatt) % is ranked better than 74.13% of 634
companies
in the Steel industry
Industry Median: 5.595
vs NSE:KSL: 10.43
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) %. Kalyani Steels'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.
Kalyani Steels Earnings Yield (Joel Greenblatt) % Related Terms
Kalyani Steels Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Kalyani Steels'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 Steel subindustry, Kalyani Steels'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.
Kalyani Steels Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Kalyani Steels's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kalyani Steels'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.
Kalyani Steelss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Kalyani Steels'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 ₹3,643 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.45% mean?
Kalyani Steels (NSE:KSL) has a Earnings Yield (Joel Greenblatt) % of 9.45% 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 Kalyani Steels and its competitors. This is 33% below median its historical median of 14.21. Over the past decade, Kalyani Steels' Earnings Yield (Joel Greenblatt) % has ranged from 6.75 to 122.41. According to the industry distribution chart, Kalyani Steels ranks #164 out of 634 companies in the Steel industry, placing it in the top 25.9%.
Is Kalyani Steels' Earnings Yield (Joel Greenblatt) % too high?
Kalyani Steels' current Earnings Yield (Joel Greenblatt) % of 9.45% is 33% below median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 6.75 to a high of 122.41. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.60. Kalyani Steels' value of 9.45% is 68.9% above this industry median. Based on the distribution chart, Kalyani Steels ranks #164 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Kalyani Steels has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Steels' Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Kalyani Steels ranks #164 out of 634 companies for Earnings Yield (Joel Greenblatt) %. This puts Kalyani Steels in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.60. Kalyani Steels' value of 9.45% is 68.9% above this benchmark. Historically, Kalyani Steels' own Earnings Yield (Joel Greenblatt) % has ranged from 6.75 to 122.41 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 5.60, Kalyani Steels 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.60, based on 634 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. Kalyani Steels's current Earnings Yield (Joel Greenblatt) % of 9.45% is 68.9% 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 Kalyani Steels and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyani Steels's current Earnings Yield (Joel Greenblatt) % is 9.45%, which is 33% below median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Steels stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Steels (NSE:KSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹791.66, compared to a current price of ₹881.15 — trading 11.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.45%, which is 33% below median its 10-year median of 14.21 and 68.9% above the Steel industry median of 5.60. Kalyani Steels' overall GF Score™ is 79/100 with 9 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 Kalyani Steels (NSE:KSL), the current Earnings Yield (Joel Greenblatt) % is 9.45% 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 Kalyani Steels (NSE:KSL) Overvalued in 2026?
Based on GuruFocus' analysis, Kalyani Steels stock appears to be overvalued.
The current stock price of ₹881.15 is trading 11.3% above its estimated GF Value™ of ₹791.66.
GuruFocus considers Kalyani Steels to be Modestly Overvalued.
Key valuation signals for NSE:KSL:
Earnings Yield (Joel Greenblatt) %: 9.45% (33% below median its 10-year median of 14.21)
GF Value™: ₹791.66 vs. price of ₹881.15 (11.3% above fair value)
Industry Position: 68.9% above the Steel median (#164 of 634)
No single metric tells the full story. See the NSE:KSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalyani Steels Ltd manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, carbon-manganese steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel and bearing steel. The company's products are used in automotive forging, construction equipment, bearings, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As Cast Blooms and Pig Iron. These operating segment have been aggregated into one reportable business segment which is Forging and Engineering quality carbon and alloy steels.
79GF Score
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