Outokumpu OyjOUTFF 65 Earnings Yield (Joel Greenblatt) % is -4.62% as of Mar. 2026. GuruFocus rates OUTFF with a GF Score™ of 65/100 and a GF Value™ of $3.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 632 Steel companies, Outokumpu Oyj ranks worse than 86.08% on this metric.
Outokumpu Oyj's Enterprise Value for the quarter that ended in Mar. 2026 was $2,685 Mil.
Outokumpu Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-128 Mil. Outokumpu Oyj's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -4.62%.
The historical rank and industry rank for Outokumpu Oyj's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
OUTFF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.03 Med: 5.27 Max: 63.47
Current: -4.19
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Outokumpu Oyj was 63.47%. The lowest was -26.03%. And the median was 5.27%.
OUTFF's Earnings Yield (Joel Greenblatt) % is ranked worse than 86.08% of 632
companies
in the Steel industry
Industry Median: 4.835
vs OUTFF: -4.19
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) %. Outokumpu Oyj's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -17.27%. 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.
Outokumpu Oyj Earnings Yield (Joel Greenblatt) % Related Terms
Outokumpu Oyj Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Outokumpu Oyj'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, Outokumpu Oyj'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.
Outokumpu Oyj Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Outokumpu Oyj's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Outokumpu Oyj'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.
Outokumpu Oyjs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Outokumpu Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-128 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -4.62% mean?
Outokumpu Oyj (OUTFF) has a Earnings Yield (Joel Greenblatt) % of -4.62% 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 Outokumpu Oyj and its competitors. According to the industry distribution chart, Outokumpu Oyj ranks #544 out of 632 companies in the Steel industry, placing it in the top 86.1%.
Is Outokumpu Oyj's Earnings Yield (Joel Greenblatt) % too high?
Outokumpu Oyj's current Earnings Yield (Joel Greenblatt) % is -4.62%. Based on the distribution chart, Outokumpu Oyj ranks #544 out of 632 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Outokumpu Oyj has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Outokumpu Oyj's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Outokumpu Oyj ranks #544 out of 632 companies for Earnings Yield (Joel Greenblatt) %. This places Outokumpu Oyj in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.84. 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 4.84, based on 632 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. 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 Outokumpu Oyj and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Outokumpu Oyj's current Earnings Yield (Joel Greenblatt) % is -4.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Outokumpu Oyj stock overvalued right now?
Based on GuruFocus' analysis, Outokumpu Oyj (OUTFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.59, compared to a current price of $5.74 — trading 59.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -4.62%. Outokumpu Oyj's overall GF Score™ is 65/100 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 Outokumpu Oyj (OUTFF), the current Earnings Yield (Joel Greenblatt) % is -4.62% 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 Outokumpu Oyj (OUTFF) Overvalued in 2026?
Based on GuruFocus' analysis, Outokumpu Oyj stock appears to be overvalued.
The current stock price of $5.74 is trading 59.9% above its estimated GF Value™ of $3.59.
GuruFocus considers Outokumpu Oyj to be Significantly Overvalued.
Key valuation signals for OUTFF:
Earnings Yield (Joel Greenblatt) %: -4.62%
GF Value™: $3.59 vs. price of $5.74 (59.9% above fair value)
No single metric tells the full story. See the OUTFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Outokumpu Oyj is a steel and alloys maker. Its business is divided into three business areas, which are Europe, the Americas, and Ferrochrome. Europe derives the key revenue, which consists of both coil and plate operations. The high-volume and tailored standard stainless-steel grades are used, for example, in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. The Americas produces standard austenitic and ferritic grades as well as tailored products. Ferrochrome produces charge grade of ferrochrome and runs the chrome mine in Kemi and the ferrochrome smelter in Tornio, Finland. The company generates the majority of its revenue from Europe.
65GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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