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Laxmi DentalNSE:LAXMIDENTL +2.55%17 Earnings Yield (Joel Greenblatt) % is 2.63% as of Jun. 2026, which is 32% above its 10-year median of 1.99. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 847 Medical Devices & Instruments companies, Laxmi Dental ranks better than 61.28% on this metric.
Laxmi Dental's Enterprise Value for the quarter that ended in Jun. 2026 was ₹12,382 Mil.
Laxmi Dental's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹326 Mil. Laxmi Dental's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.63%.
The historical rank and industry rank for Laxmi Dental's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:LAXMIDENTL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.06 Med: 1.99 Max: 3.35
Current: 3.23
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Laxmi Dental was 3.35%. The lowest was 1.06%. And the median was 1.99%.
NSE:LAXMIDENTL's Earnings Yield (Joel Greenblatt) % is ranked better than 61.28% of 847
companies
in the Medical Devices & Instruments industry
Industry Median: 1.1
vs NSE:LAXMIDENTL: 3.23
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) %. Laxmi Dental'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.
Laxmi Dental Earnings Yield (Joel Greenblatt) % Related Terms
Laxmi Dental Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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 Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Laxmi Dental'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.
Laxmi Dentals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Laxmi Dental'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 ₹326 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.63% mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Earnings Yield (Joel Greenblatt) % of 2.63% 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 Laxmi Dental and its competitors. This is 32% above median its historical median of 1.99. Over the past decade, Laxmi Dental's Earnings Yield (Joel Greenblatt) % has ranged from 1.06 to 3.35. According to the industry distribution chart, Laxmi Dental ranks #328 out of 847 companies in the Medical Devices & Instruments industry, placing it in the top 38.7%.
Is Laxmi Dental's Earnings Yield (Joel Greenblatt) % too high?
Laxmi Dental's current Earnings Yield (Joel Greenblatt) % of 2.63% is 32% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 3.35. The Medical Devices & Instruments industry median Earnings Yield (Joel Greenblatt) % is 1.10. Laxmi Dental's value of 2.63% is 139.1% above this industry median. Based on the distribution chart, Laxmi Dental ranks #328 out of 847 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Earnings Yield (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #328 out of 847 companies for Earnings Yield (Joel Greenblatt) %. This puts Laxmi Dental in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.10. Laxmi Dental's value of 2.63% is 139.1% above this benchmark. Historically, Laxmi Dental's own Earnings Yield (Joel Greenblatt) % has ranged from 1.06 to 3.35 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.10, Laxmi Dental 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 Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 1.10, based on 847 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. Laxmi Dental's current Earnings Yield (Joel Greenblatt) % of 2.63% is 139.1% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Earnings Yield (Joel Greenblatt) % is 2.63%, which is 32% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Earnings Yield (Joel Greenblatt) % of 2.63%. The current Earnings Yield (Joel Greenblatt) % is 2.63%, which is 32% above median its 10-year median of 1.99 and 139.1% above the Medical Devices & Instruments industry median of 1.10. Laxmi Dental's overall GF Score™ is 17/100 with 4 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 Laxmi Dental (NSE:LAXMIDENTL), the current Earnings Yield (Joel Greenblatt) % is 2.63% 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
17GF Score
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