SPC PowerPHS:SPC -0.19%86 Earnings Yield (Joel Greenblatt) % is 25.97% as of Mar. 2026, which is 18% above its 10-year median of 22.00. GuruFocus rates PHS:SPC with a GF Score™ of 86/100 and a GF Value™ of ₱9.28 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 509 Utilities - Regulated companies, SPC Power ranks better than 94.7% on this metric.
SPC Power's Enterprise Value for the quarter that ended in Mar. 2026 was ₱10,025 Mil.
SPC Power's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱2,601 Mil. SPC Power's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 25.97%.
The historical rank and industry rank for SPC Power's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PHS:SPC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.03 Med: 22 Max: 50.25
Current: 24.3
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SPC Power was 50.25%. The lowest was 5.03%. And the median was 22.00%.
PHS:SPC's Earnings Yield (Joel Greenblatt) % is ranked better than 94.7% of 509
companies
in the Utilities - Regulated industry
Industry Median: 6.62
vs PHS:SPC: 24.30
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) %. SPC Power's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.01%. 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.
SPC Power (PHS:SPC) 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.
SPC Power Earnings Yield (Joel Greenblatt) % Related Terms
SPC Power Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SPC Power'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.
SPC Power Earnings Yield (Joel Greenblatt) % Chart
PHS:SPC vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, SPC Power'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.
SPC Power Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, SPC Power's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SPC Power's Earnings Yield (Joel Greenblatt) % falls into.
SPC Power 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.
SPC Powers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
SPC Power'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 ₱2,601 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 25.97% mean?
SPC Power (PHS:SPC) has a Earnings Yield (Joel Greenblatt) % of 25.97% 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 SPC Power and its competitors. This is 18% above median its historical median of 22.00. Over the past decade, SPC Power's Earnings Yield (Joel Greenblatt) % has ranged from 5.03 to 50.25. According to the industry distribution chart, SPC Power ranks #27 out of 509 companies in the Utilities - Regulated industry, placing it in the top 5.3%.
Is SPC Power's Earnings Yield (Joel Greenblatt) % too high?
SPC Power's current Earnings Yield (Joel Greenblatt) % of 25.97% is 18% above median its 10-year median of 22.00. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 50.25. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.62. SPC Power's value of 25.97% is 292.3% above this industry median. Based on the distribution chart, SPC Power ranks #27 out of 509 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, SPC Power has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPC Power's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPC Power ranks #27 out of 509 companies for Earnings Yield (Joel Greenblatt) %. This places SPC Power in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.62. SPC Power's value of 25.97% is 292.3% above this benchmark. Historically, SPC Power's own Earnings Yield (Joel Greenblatt) % has ranged from 5.03 to 50.25 over the past decade. While the company's 10-year median is 22.00 vs. the industry median of 6.62, SPC Power 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.62, based on 509 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. SPC Power's current Earnings Yield (Joel Greenblatt) % of 25.97% is 292.3% 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 SPC Power and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPC Power's current Earnings Yield (Joel Greenblatt) % is 25.97%, which is 18% above median its own 10-year median of 22.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPC Power stock overvalued right now?
Based on GuruFocus' analysis, SPC Power (PHS:SPC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱9.28, compared to a current price of ₱10.46 — trading 12.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 25.97%, which is 18% above median its 10-year median of 22.00 and 292.3% above the Utilities - Regulated industry median of 6.62. SPC Power's overall GF Score™ is 86/100 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 SPC Power (PHS:SPC), the current Earnings Yield (Joel Greenblatt) % is 25.97% 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 SPC Power (PHS:SPC) Overvalued in 2026?
Based on GuruFocus' analysis, SPC Power stock appears to be overvalued.
The current stock price of ₱10.46 is trading 12.7% above its estimated GF Value™ of ₱9.28.
GuruFocus considers SPC Power to be Modestly Overvalued.
Key valuation signals for PHS:SPC:
Earnings Yield (Joel Greenblatt) %: 25.97% (18% above median its 10-year median of 22.00)
GF Value™: ₱9.28 vs. price of ₱10.46 (12.7% above fair value)
Industry Position: 292.3% above the Utilities - Regulated median (#27 of 509)
No single metric tells the full story. See the PHS:SPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPC Power Corp is managed through two segments: Generation segment which includes generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM, and other customers, and Others which includes the operations of SECL, SLCI, CNPC and SMPC such as to manage, operate and invest in power generating plants and related facilities. The majority of revenue is generated from generation segment. It operates and generates revenue principally only in the Philippines.
86GF Score
Get the complete analysis for PHS:SPC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:SPC has been successfully added to your 
