Smarten Power Systems (NSE:SMARTEN) Earnings Yield (Joel Greenblatt) %: 15.15% (As of Mar. 2026) — 32% 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:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
19 GF Score
Price ₹58.30
! 4 Warning Signs
View Full Analysis

What is Smarten Power Systems Earnings Yield (Joel Greenblatt) %?

Smarten Power Systems NSE:SMARTEN +4.95% 19 Earnings Yield (Joel Greenblatt) % is 15.15% as of Mar. 2026, which is 32% above its 10-year median of 11.49. GuruFocus rates NSE:SMARTEN with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, Smarten Power Systems ranks better than 69.75% on this metric.

Smarten Power Systems's Enterprise Value for the quarter that ended in Mar. 2026 was ₹845 Mil. Smarten Power Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹47 Mil. Smarten Power Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 15.15%.

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

NSE:SMARTEN' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.16   Med: 11.49   Max: 17.91
Current: 4.16

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Smarten Power Systems was 17.91%. The lowest was 4.16%. And the median was 11.49%.

NSE:SMARTEN's Earnings Yield (Joel Greenblatt) % is ranked better than
69.75% of 1028 companies
in the Semiconductors industry
Industry Median: 1.735 vs NSE:SMARTEN: 4.16

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) %. Smarten Power Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Smarten Power Systems  (NSE:SMARTEN) 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.


Smarten Power Systems Earnings Yield (Joel Greenblatt) % Related Terms


Smarten Power Systems Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Smarten Power Systems'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.

Smarten Power Systems Earnings Yield (Joel Greenblatt) % Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
0.00 0.00 0.00 0.00 15.15

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) % 0.00 0.00 0.00 0.00 15.15

NSE:SMARTEN vs FSLR, NXT, ENPH: Earnings Yield (Joel Greenblatt) % Comparison

For the Solar subindustry, Smarten Power Systems'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.


Smarten Power Systems Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarten Power Systems's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Smarten Power Systems's Earnings Yield (Joel Greenblatt) % falls into.


NSE:SMARTEN
19GF Score
Smarten Power Systems Ltd NSE:SMARTEN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smarten Power Systems 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.

Smarten Power Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=128.32/847.4634
=15.14 %

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 15.15% mean?
Smarten Power Systems (NSE:SMARTEN) has a Earnings Yield (Joel Greenblatt) % of 15.15% 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 Smarten Power Systems and its competitors. This is 32% above median its historical median of 11.49. Over the past decade, Smarten Power Systems' Earnings Yield (Joel Greenblatt) % has ranged from 4.16 to 17.91. According to the industry distribution chart, Smarten Power Systems ranks #311 out of 1028 companies in the Semiconductors industry, placing it in the top 30.3%.
Is Smarten Power Systems' Earnings Yield (Joel Greenblatt) % too high?
Smarten Power Systems' current Earnings Yield (Joel Greenblatt) % of 15.15% is 32% above median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 17.91. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.74. Smarten Power Systems' value of 15.15% is 773.2% above this industry median. Based on the distribution chart, Smarten Power Systems ranks #311 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Smarten Power Systems has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Earnings Yield (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smarten Power Systems ranks #311 out of 1028 companies for Earnings Yield (Joel Greenblatt) %. This puts Smarten Power Systems in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.74. Smarten Power Systems' value of 15.15% is 773.2% above this benchmark. Historically, Smarten Power Systems' own Earnings Yield (Joel Greenblatt) % has ranged from 4.16 to 17.91 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 1.74, Smarten Power Systems 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.74, based on 1,028 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. Smarten Power Systems's current Earnings Yield (Joel Greenblatt) % of 15.15% is 773.2% 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 Smarten Power Systems and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current Earnings Yield (Joel Greenblatt) % is 15.15%, which is 32% above median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Earnings Yield (Joel Greenblatt) % of 15.15%. The current Earnings Yield (Joel Greenblatt) % is 15.15%, which is 32% above median its 10-year median of 11.49 and 773.2% above the Semiconductors industry median of 1.74. Smarten Power Systems' overall GF Score™ is 19/100 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 Smarten Power Systems (NSE:SMARTEN), the current Earnings Yield (Joel Greenblatt) % is 15.15% 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
19GF Score

Get the complete analysis for NSE:SMARTEN

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

₹58.30
Price