Solex Energy (NSE:SOLEX) Earnings Yield (Joel Greenblatt) %: 12.35% (As of Jun. 2026) — 114% Above Median

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NSE:SOLEX Solex Energy Ltd NSE:SOLEX
74 GF Score
Price ₹772.25
GF Value ₹3,522.74
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Solex Energy Earnings Yield (Joel Greenblatt) %?

Solex Energy NSE:SOLEX -0.01% 74 Earnings Yield (Joel Greenblatt) % is 12.35% as of Jun. 2026, which is 114% above its 10-year median of 5.77. GuruFocus rates NSE:SOLEX with a GF Score™ of 74/100 and a GF Value™ of ₹3,522.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, Solex Energy ranks better than 92.7% on this metric.

Solex Energy's Enterprise Value for the quarter that ended in Jun. 2026 was ₹11,921 Mil. Solex Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,471 Mil. Solex Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 12.35%.

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

NSE:SOLEX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.7   Med: 5.77   Max: 17.64
Current: 13.99

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Solex Energy was 17.64%. The lowest was 0.70%. And the median was 5.77%.

NSE:SOLEX's Earnings Yield (Joel Greenblatt) % is ranked better than
92.7% of 1028 companies
in the Semiconductors industry
Industry Median: 1.735 vs NSE:SOLEX: 13.99

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) %. Solex Energy'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.


Solex Energy  (NSE:SOLEX) 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.


Solex Energy Earnings Yield (Joel Greenblatt) % Related Terms


Solex Energy Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solex Energy'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.

Solex Energy Earnings Yield (Joel Greenblatt) % Chart

Solex Energy 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 1.58 2.08 2.72 8.45 13.35

Solex Energy Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.99 4.76 7.37 13.35 12.35

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

For the Solar subindustry, Solex Energy'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.


Solex Energy Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry

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

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


NSE:SOLEX
74GF Score
Solex Energy Ltd NSE:SOLEX
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solex Energy 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1619.6/12135.4826
=13.35 %

Solex Energy'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 ₹1,471 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 12.35% mean?
Solex Energy (NSE:SOLEX) has a Earnings Yield (Joel Greenblatt) % of 12.35% 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 Solex Energy and its competitors. This is 114% above median its historical median of 5.77. Over the past decade, Solex Energy's Earnings Yield (Joel Greenblatt) % has ranged from 0.70 to 17.64. According to the industry distribution chart, Solex Energy ranks #75 out of 1028 companies in the Semiconductors industry, placing it in the top 7.3%.
Is Solex Energy's Earnings Yield (Joel Greenblatt) % too high?
Solex Energy's current Earnings Yield (Joel Greenblatt) % of 12.35% is 114% above median its 10-year median of 5.77. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 17.64. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.74. Solex Energy's value of 12.35% is 611.8% above this industry median. Based on the distribution chart, Solex Energy ranks #75 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solex Energy has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's Earnings Yield (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #75 out of 1028 companies for Earnings Yield (Joel Greenblatt) %. This places Solex Energy in the top 7% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 1.74. Solex Energy's value of 12.35% is 611.8% above this benchmark. Historically, Solex Energy's own Earnings Yield (Joel Greenblatt) % has ranged from 0.70 to 17.64 over the past decade. While the company's 10-year median is 5.77 vs. the industry median of 1.74, Solex Energy 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. Solex Energy's current Earnings Yield (Joel Greenblatt) % of 12.35% is 611.8% 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 Solex Energy 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. Solex Energy's current Earnings Yield (Joel Greenblatt) % is 12.35%, which is 114% above median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,522.74, compared to a current price of ₹772.25 — trading 78.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.35%, which is 114% above median its 10-year median of 5.77 and 611.8% above the Semiconductors industry median of 1.74. Solex Energy's overall GF Score™ is 74/100 with 3 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 Solex Energy (NSE:SOLEX), the current Earnings Yield (Joel Greenblatt) % is 12.35% 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 Solex Energy (NSE:SOLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued. The current stock price of ₹772.25 is trading 78.1% below its estimated GF Value™ of ₹3,522.74. GuruFocus considers Solex Energy to be Possible Value Trap.

Key valuation signals for NSE:SOLEX:

  • Earnings Yield (Joel Greenblatt) %: 12.35% (114% above median its 10-year median of 5.77)
  • GF Value™: ₹3,522.74 vs. price of ₹772.25 (78.1% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 611.8% above the Semiconductors median (#75 of 1028)

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


Solex Energy Business Description

Other Exchanges 544862:India
Address Opposite R.T.O Pal, 8th Floor, 801-812, Rio Empire, Surat, GJ, IND, 395009
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
74GF Score

Get the complete analysis for NSE:SOLEX

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

₹772.25
Price
₹3,522.74
GF Value