Pattech Fitwell Tube Components (NSE:PATTECH) Earnings Yield (Joel Greenblatt) %: 3.90% (As of Mar. 2026) — 26% Above 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:PATTECH Pattech Fitwell Tube Components Ltd NSE:PATTECH
84 GF Score
Price ₹114.85
GF Value ₹128.49
! 6 Warning Signs
View Full Analysis

What is Pattech Fitwell Tube Components Earnings Yield (Joel Greenblatt) %?

Pattech Fitwell Tube Components NSE:PATTECH 84 Earnings Yield (Joel Greenblatt) % is 3.90% as of Mar. 2026, which is 26% above its 10-year median of 3.09. GuruFocus rates NSE:PATTECH with a GF Score™ of 84/100 and a GF Value™ of ₹128.49. The stock has 6 warning signs investors should review. Among 631 Steel companies, Pattech Fitwell Tube Components ranks worse than 55.94% on this metric.

Pattech Fitwell Tube Components's Enterprise Value for the quarter that ended in Mar. 2026 was ₹1,224.4 Mil. Pattech Fitwell Tube Components's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹42.5 Mil. Pattech Fitwell Tube Components's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.90%.

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

NSE:PATTECH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.63   Med: 3.09   Max: 5.6
Current: 4.07

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Pattech Fitwell Tube Components was 5.60%. The lowest was 1.63%. And the median was 3.09%.

NSE:PATTECH's Earnings Yield (Joel Greenblatt) % is ranked worse than
55.94% of 631 companies
in the Steel industry
Industry Median: 5.52 vs NSE:PATTECH: 4.07

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) %. Pattech Fitwell Tube Components's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 8.23%. 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.


Pattech Fitwell Tube Components  (NSE:PATTECH) 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.


Pattech Fitwell Tube Components Earnings Yield (Joel Greenblatt) % Related Terms


Pattech Fitwell Tube Components Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components Earnings Yield (Joel Greenblatt) % Chart

Pattech Fitwell Tube Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 5.17 4.89 3.90

Pattech Fitwell Tube Components Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.17 0.00 4.89 0.00 3.90

NSE:PATTECH vs NUE, STLD, RS: Earnings Yield (Joel Greenblatt) % Comparison

For the Steel subindustry, Pattech Fitwell Tube Components'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.


Pattech Fitwell Tube Components Earnings Yield (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pattech Fitwell Tube Components's Earnings Yield (Joel Greenblatt) % falls into.


NSE:PATTECH
84GF Score
Pattech Fitwell Tube Components Ltd NSE:PATTECH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pattech Fitwell Tube Components 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.

Pattech Fitwell Tube Componentss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=42.522/1091.413
=3.90 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 3.90% mean?
Pattech Fitwell Tube Components (NSE:PATTECH) has a Earnings Yield (Joel Greenblatt) % of 3.90% 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 Pattech Fitwell Tube Components and its competitors. This is 26% above median its historical median of 3.09. Over the past decade, Pattech Fitwell Tube Components' Earnings Yield (Joel Greenblatt) % has ranged from 1.63 to 5.60. According to the industry distribution chart, Pattech Fitwell Tube Components ranks #353 out of 631 companies in the Steel industry, placing it in the top 55.9%.
Is Pattech Fitwell Tube Components' Earnings Yield (Joel Greenblatt) % too high?
Pattech Fitwell Tube Components' current Earnings Yield (Joel Greenblatt) % of 3.90% is 26% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.60. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.52. Pattech Fitwell Tube Components' value of 3.90% is 29.3% below this industry median. Based on the distribution chart, Pattech Fitwell Tube Components ranks #353 out of 631 companies in the Steel industry, which is below the industry midpoint. Overall, Pattech Fitwell Tube Components has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Pattech Fitwell Tube Components' Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Pattech Fitwell Tube Components ranks #353 out of 631 companies for Earnings Yield (Joel Greenblatt) %. This places Pattech Fitwell Tube Components in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.52. Pattech Fitwell Tube Components' value of 3.90% is 29.3% below this benchmark. Historically, Pattech Fitwell Tube Components' own Earnings Yield (Joel Greenblatt) % has ranged from 1.63 to 5.60 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 5.52, Pattech Fitwell Tube Components has consistently been below 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 5.52, based on 631 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. Pattech Fitwell Tube Components's current Earnings Yield (Joel Greenblatt) % of 3.90% is 29.3% below 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 Pattech Fitwell Tube Components and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pattech Fitwell Tube Components's current Earnings Yield (Joel Greenblatt) % is 3.90%, which is 26% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pattech Fitwell Tube Components stock overvalued right now?
Pattech Fitwell Tube Components (NSE:PATTECH) has a current Earnings Yield (Joel Greenblatt) % of 3.90%. The stock's GF Value™ is ₹128.49, compared to a current price of ₹114.85 — trading 10.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.90%, which is 26% above median its 10-year median of 3.09 and 29.3% below the Steel industry median of 5.52. Pattech Fitwell Tube Components' overall GF Score™ is 84/100 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 Pattech Fitwell Tube Components (NSE:PATTECH), the current Earnings Yield (Joel Greenblatt) % is 3.90% 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 Pattech Fitwell Tube Components (NSE:PATTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Pattech Fitwell Tube Components stock appears to be undervalued. The current stock price of ₹114.85 is trading 10.6% below its estimated GF Value™ of ₹128.49.

Key valuation signals for NSE:PATTECH:

  • Earnings Yield (Joel Greenblatt) %: 3.90% (26% above median its 10-year median of 3.09)
  • GF Value™: ₹128.49 vs. price of ₹114.85 (10.6% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 29.3% below the Steel median (#353 of 631)

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


Pattech Fitwell Tube Components Business Description

Address Road No: 1, National Highway 08, Survey No.873/B/1, Anson Limbani Estate, Near GETCO 66 KV Substation G.I.D.C, Por, Vadodara, GJ, IND, 391243
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components, as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical and pharmaceutical, food processing, oil and gas, desalination and water treatment, shipbuilding, defense, fabrication of process equipment, and instrumentation.
84GF Score

Get the complete analysis for NSE:PATTECH

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

₹114.85
Price
₹128.49
GF Value