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VMS TMTNSE:VMSTMT -0.62%15 Earnings Yield (Joel Greenblatt) % is 19.84% as of Jun. 2026, which is 66% above its 10-year median of 11.92. GuruFocus rates NSE:VMSTMT with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 634 Steel companies, VMS TMT ranks better than 71.29% on this metric.
VMS TMT's Enterprise Value for the quarter that ended in Jun. 2026 was ₹2,207 Mil.
VMS TMT's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹438 Mil. VMS TMT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 19.84%.
The historical rank and industry rank for VMS TMT's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:VMSTMT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.79 Med: 11.92 Max: 28.85
Current: 9.69
During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of VMS TMT was 28.85%. The lowest was 3.79%. And the median was 11.92%.
NSE:VMSTMT's Earnings Yield (Joel Greenblatt) % is ranked better than 71.29% of 634
companies
in the Steel industry
Industry Median: 5.66
vs NSE:VMSTMT: 9.69
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) %. VMS TMT'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.
VMS TMT Earnings Yield (Joel Greenblatt) % Related Terms
VMS TMT Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for VMS TMT'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 Steel subindustry, VMS TMT'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.
VMS TMT Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, VMS TMT's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VMS TMT'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.
VMS TMTs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
VMS TMT'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 ₹438 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 19.84% mean?
VMS TMT (NSE:VMSTMT) has a Earnings Yield (Joel Greenblatt) % of 19.84% 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 VMS TMT and its competitors. This is 66% above median its historical median of 11.92. Over the past decade, VMS TMT's Earnings Yield (Joel Greenblatt) % has ranged from 3.79 to 28.85. According to the industry distribution chart, VMS TMT ranks #182 out of 634 companies in the Steel industry, placing it in the top 28.7%.
Is VMS TMT's Earnings Yield (Joel Greenblatt) % too high?
VMS TMT's current Earnings Yield (Joel Greenblatt) % of 19.84% is 66% above median its 10-year median of 11.92. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 28.85. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.66. VMS TMT's value of 19.84% is 250.5% above this industry median. Based on the distribution chart, VMS TMT ranks #182 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, VMS TMT has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does VMS TMT's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, VMS TMT ranks #182 out of 634 companies for Earnings Yield (Joel Greenblatt) %. This puts VMS TMT in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.66. VMS TMT's value of 19.84% is 250.5% above this benchmark. Historically, VMS TMT's own Earnings Yield (Joel Greenblatt) % has ranged from 3.79 to 28.85 over the past decade. While the company's 10-year median is 11.92 vs. the industry median of 5.66, VMS TMT 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.66, based on 634 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. VMS TMT's current Earnings Yield (Joel Greenblatt) % of 19.84% is 250.5% 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 VMS TMT and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS TMT's current Earnings Yield (Joel Greenblatt) % is 19.84%, which is 66% above median its own 10-year median of 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS TMT stock overvalued right now?
VMS TMT (NSE:VMSTMT) has a current Earnings Yield (Joel Greenblatt) % of 19.84%. The current Earnings Yield (Joel Greenblatt) % is 19.84%, which is 66% above median its 10-year median of 11.92 and 250.5% above the Steel industry median of 5.66. VMS TMT's overall GF Score™ is 15/100 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 VMS TMT (NSE:VMSTMT), the current Earnings Yield (Joel Greenblatt) % is 19.84% 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.
VMS TMT Ltd is engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely in construction industry due to their exceptional strength, ductility, and corrosion resistance. Its revenue from operations also includes sale of scrap, binding wires and billets.
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