MMP Industries (NSE:MMP) Earnings Yield (Joel Greenblatt) %: 8.17% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MMP MMP Industries Ltd NSE:MMP
90 GF Score
Price ₹326.25
GF Value ₹342.54
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is MMP Industries Earnings Yield (Joel Greenblatt) %?

MMP Industries NSE:MMP -1.21% 90 Earnings Yield (Joel Greenblatt) % is 8.17% as of Mar. 2026, which is 9% above its 10-year median of 7.49. GuruFocus rates NSE:MMP with a GF Score™ of 90/100 and a GF Value™ of ₹342.54 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,659 Metals & Mining companies, MMP Industries ranks better than 84.47% on this metric.

MMP Industries's Enterprise Value for the quarter that ended in Mar. 2026 was ₹6,538 Mil. MMP Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹534 Mil. MMP Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.17%.

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

NSE:MMP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.83   Med: 7.49   Max: 21.83
Current: 5.33

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of MMP Industries was 21.83%. The lowest was 2.83%. And the median was 7.49%.

NSE:MMP's Earnings Yield (Joel Greenblatt) % is ranked better than
84.47% of 2659 companies
in the Metals & Mining industry
Industry Median: -6.61 vs NSE:MMP: 5.33

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) %. MMP Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 16.77%. 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.


MMP Industries  (NSE:MMP) 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.


MMP Industries Earnings Yield (Joel Greenblatt) % Related Terms


MMP Industries Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for MMP Industries'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.

MMP Industries Earnings Yield (Joel Greenblatt) % Chart

MMP Industries 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 7.35 9.32 6.33 7.65 8.17

MMP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.65 5.52 4.63 6.61 8.17

NSE:MMP vs AA: Earnings Yield (Joel Greenblatt) % Comparison

For the Aluminum subindustry, MMP Industries'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.


MMP Industries Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMP Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


NSE:MMP
90GF Score
MMP Industries Ltd NSE:MMP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MMP Industries 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=533.956/6534.99167
=8.17 %

MMP Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹534 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 8.17% mean?
MMP Industries (NSE:MMP) has a Earnings Yield (Joel Greenblatt) % of 8.17% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on MMP Industries and its competitors. This is near median its historical median of 7.49. Over the past decade, MMP Industries' Earnings Yield (Joel Greenblatt) % has ranged from 2.83 to 21.83. According to the industry distribution chart, MMP Industries ranks #413 out of 2659 companies in the Metals & Mining industry, placing it in the top 15.5%.
Is MMP Industries' Earnings Yield (Joel Greenblatt) % too high?
MMP Industries' current Earnings Yield (Joel Greenblatt) % of 8.17% is near median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 2.83 to a high of 21.83. Based on the distribution chart, MMP Industries ranks #413 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MMP Industries has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MMP Industries' Earnings Yield (Joel Greenblatt) % compare to AA?
According to the Metals & Mining industry distribution chart, MMP Industries ranks #413 out of 2659 companies for Earnings Yield (Joel Greenblatt) %. This places MMP Industries in the top 16% of its industry — outperforming the majority of peers. Historically, MMP Industries' own Earnings Yield (Joel Greenblatt) % has ranged from 2.83 to 21.83 over the past decade. 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 Metals & Mining company?
A good Earnings Yield (Joel Greenblatt) % depends on the Metals & Mining industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 MMP Industries and its competitors. MMP Industries's current Earnings Yield (Joel Greenblatt) % is 8.17%, which is near median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMP Industries stock overvalued right now?
Based on GuruFocus' analysis, MMP Industries (NSE:MMP) is currently considered Fairly Valued. The stock's GF Value™ is ₹342.54, compared to a current price of ₹326.25 — trading 4.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.17%, which is near median its 10-year median of 7.49. MMP Industries' overall GF Score™ is 90/100 with 5 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 MMP Industries (NSE:MMP), the current Earnings Yield (Joel Greenblatt) % is 8.17% as of Mar. 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 MMP Industries (NSE:MMP) Overvalued in 2026?

Based on GuruFocus' analysis, MMP Industries stock appears to be undervalued. The current stock price of ₹326.25 is trading 4.8% below its estimated GF Value™ of ₹342.54. GuruFocus considers MMP Industries to be Fairly Valued.

Key valuation signals for NSE:MMP:

  • Earnings Yield (Joel Greenblatt) %: 8.17% (near median its 10-year median of 7.49)
  • GF Value™: ₹342.54 vs. price of ₹326.25 (4.8% below fair value)
  • GF Score™: 90/100 with 5 warning signs

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


MMP Industries Business Description

Address B-24, Hingna Road, MIDC Area, Hingna Industrial Estate, Hingna, Nagpur, MH, IND, 440016
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.
90GF Score

Get the complete analysis for NSE:MMP

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

₹326.25
Price
₹342.54
GF Value