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.
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.
NCL IndustriesNSE:NCLIND -1.72%72 Earnings Yield (Joel Greenblatt) % is 15.95% as of Jun. 2026, which is 11% above its 10-year median of 14.41. GuruFocus rates NSE:NCLIND with a GF Score™ of 72/100 and a GF Value™ of ₹196.69 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 417 Building Materials companies, NCL Industries ranks better than 83.93% on this metric.
NCL Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹8,709 Mil.
NCL Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,388 Mil. NCL Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 15.95%.
The historical rank and industry rank for NCL Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:NCLIND'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.17 Med: 14.41 Max: 49.62
Current: 13.61
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of NCL Industries was 49.62%. The lowest was 5.17%. And the median was 14.41%.
NSE:NCLIND's Earnings Yield (Joel Greenblatt) % is ranked better than 83.93% of 417
companies
in the Building Materials industry
Industry Median: 5.57
vs NSE:NCLIND: 13.61
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) %. NCL Industries'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.
NCL Industries Earnings Yield (Joel Greenblatt) % Related Terms
NCL Industries Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for NCL 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.
For the Building Materials subindustry, NCL 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.
NCL Industries Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, NCL Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NCL Industries'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.
NCL Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
NCL Industries'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 ₹1,388 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 15.95% mean?
NCL Industries (NSE:NCLIND) has a Earnings Yield (Joel Greenblatt) % of 15.95% 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 NCL Industries and its competitors. This is 11% above median its historical median of 14.41. Over the past decade, NCL Industries' Earnings Yield (Joel Greenblatt) % has ranged from 5.17 to 49.62. According to the industry distribution chart, NCL Industries ranks #67 out of 417 companies in the Building Materials industry, placing it in the top 16.1%.
Is NCL Industries' Earnings Yield (Joel Greenblatt) % too high?
NCL Industries' current Earnings Yield (Joel Greenblatt) % of 15.95% is 11% above median its 10-year median of 14.41. Over the past 10 years, this metric has ranged from a low of 5.17 to a high of 49.62. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.57. NCL Industries' value of 15.95% is 186.4% above this industry median. Based on the distribution chart, NCL Industries ranks #67 out of 417 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, NCL Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Earnings Yield (Joel Greenblatt) % compare to CRH and MLM?
According to the Building Materials industry distribution chart, NCL Industries ranks #67 out of 417 companies for Earnings Yield (Joel Greenblatt) %. This places NCL Industries in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.57. NCL Industries' value of 15.95% is 186.4% above this benchmark. Historically, NCL Industries' own Earnings Yield (Joel Greenblatt) % has ranged from 5.17 to 49.62 over the past decade. While the company's 10-year median is 14.41 vs. the industry median of 5.57, NCL Industries 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.57, based on 417 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. NCL Industries's current Earnings Yield (Joel Greenblatt) % of 15.95% is 186.4% 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 NCL Industries and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCL Industries's current Earnings Yield (Joel Greenblatt) % is 15.95%, which is 11% above median its own 10-year median of 14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹196.69, compared to a current price of ₹175.05 — trading 11% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 15.95%, which is 11% above median its 10-year median of 14.41 and 186.4% above the Building Materials industry median of 5.57. NCL Industries' overall GF Score™ is 72/100 with 6 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 NCL Industries (NSE:NCLIND), the current Earnings Yield (Joel Greenblatt) % is 15.95% 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 NCL Industries (NSE:NCLIND) Overvalued in 2026?
Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued.
The current stock price of ₹175.05 is trading 11% below its estimated GF Value™ of ₹196.69.
GuruFocus considers NCL Industries to be Modestly Undervalued.
Key valuation signals for NSE:NCLIND:
Earnings Yield (Joel Greenblatt) %: 15.95% (11% above median its 10-year median of 14.41)
GF Value™: ₹196.69 vs. price of ₹175.05 (11% below fair value)
Industry Position: 186.4% above the Building Materials median (#67 of 417)
No single metric tells the full story. See the NSE:NCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
72GF Score
Get the complete analysis for NSE:NCLIND
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NCLIND has been successfully added to your 
