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Optical CableOCC +3.97%46 Earnings Yield (Joel Greenblatt) % is 1.92% as of Apr. 2026. GuruFocus rates OCC with a GF Score™ of 46/100 and a GF Value™ of $3.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,489 Hardware companies, Optical Cable ranks worse than 58.98% on this metric.
Optical Cable's Enterprise Value for the quarter that ended in Apr. 2026 was $100.81 Mil.
Optical Cable's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $1.93 Mil. Optical Cable's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 1.92%.
The historical rank and industry rank for Optical Cable's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OCC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.65 Med: -0.28 Max: 22.69
Current: 1.26
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Optical Cable was 22.69%. The lowest was -18.65%. And the median was -0.28%.
OCC's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.98% of 2489
companies
in the Hardware industry
Industry Median: 2.26
vs OCC: 1.26
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) %. Optical Cable's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 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.
Optical Cable Earnings Yield (Joel Greenblatt) % Related Terms
Optical Cable Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Optical Cable'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 Communication Equipment subindustry, Optical Cable'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.
Optical Cable Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Optical Cable's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Optical Cable'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.
Optical Cables Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2025 is calculated as
Optical Cable's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.93 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.92% mean?
Optical Cable (OCC) has a Earnings Yield (Joel Greenblatt) % of 1.92% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Optical Cable and its competitors. According to the industry distribution chart, Optical Cable ranks #1468 out of 2489 companies in the Hardware industry, placing it in the top 59%.
Is Optical Cable's Earnings Yield (Joel Greenblatt) % too high?
Optical Cable's current Earnings Yield (Joel Greenblatt) % is 1.92%. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.26. Optical Cable's value of 1.92% is 15% below this industry median. Based on the distribution chart, Optical Cable ranks #1468 out of 2489 companies in the Hardware industry, which is below the industry midpoint. Overall, Optical Cable has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optical Cable's Earnings Yield (Joel Greenblatt) % compare to AMPG and INSG?
According to the Hardware industry distribution chart, Optical Cable ranks #1468 out of 2489 companies for Earnings Yield (Joel Greenblatt) %. This places Optical Cable in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.26. Optical Cable's value of 1.92% is 15% below this benchmark. 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.26, based on 2,489 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. Optical Cable's current Earnings Yield (Joel Greenblatt) % of 1.92% is 15% 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 Optical Cable and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optical Cable's current Earnings Yield (Joel Greenblatt) % is 1.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optical Cable stock overvalued right now?
Based on GuruFocus' analysis, Optical Cable (OCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.21, compared to a current price of $16.28 — trading 407.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.92% and 15% below the Hardware industry median of 2.26. Optical Cable's overall GF Score™ is 46/100 with 2 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 Optical Cable (OCC), the current Earnings Yield (Joel Greenblatt) % is 1.92% as of Apr. 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 Optical Cable (OCC) Overvalued in 2026?
Based on GuruFocus' analysis, Optical Cable stock appears to be overvalued.
The current stock price of $16.28 is trading 407.2% above its estimated GF Value™ of $3.21.
GuruFocus considers Optical Cable to be Significantly Overvalued.
Key valuation signals for OCC:
Earnings Yield (Joel Greenblatt) %: 1.92%
GF Value™: $3.21 vs. price of $16.28 (407.2% above fair value)
Industry Position: 15% below the Hardware median (#1468 of 2489)
No single metric tells the full story. See the OCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Optical Cable Corp manufactures a broad range of fiber optic and copper data communication cabling and connectivity solutions for the enterprise, wireless carrier, and specialty markets. The Company offers high quality products that operate as a system solution or integrate with other components, including fiber, copper, hybrid cabling, cabinets, racks, enclosures, and deployable solutions for enterprise networks, data centers, residential, campus, Passive Optical LAN installations, and customized applications in military, industrial, mining, petrochemical, renewable energy, and broadcast industries. It operates a single reportable segment covering the design, development, manufacture, and marketing of its cabling and connectivity solutions.
46GF Score
Get the complete analysis for OCC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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