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Red Cat HoldingsRCAT -4.36%73 Earnings Yield (Joel Greenblatt) % is -5.51% as of Mar. 2026. GuruFocus rates RCAT with a GF Score™ of 73/100 and a GF Value™ of $7.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 362 Aerospace & Defense companies, Red Cat Holdings ranks worse than 85.64% on this metric.
Red Cat Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $1,476.77 Mil.
Red Cat Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-81.42 Mil. Red Cat Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -5.51%.
The historical rank and industry rank for Red Cat Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
RCAT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26529.97 Med: -18.75 Max: 1246742.48
Current: -8.02
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Red Cat Holdings was 1246742.48%. The lowest was -26529.97%. And the median was -18.75%.
RCAT's Earnings Yield (Joel Greenblatt) % is ranked worse than 85.64% of 362
companies
in the Aerospace & Defense industry
Industry Median: 2.115
vs RCAT: -8.02
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) %. Red Cat Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Red Cat Holdings (NAS:RCAT) 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.
Red Cat Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Red Cat Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Red Cat Holdings'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.
Red Cat Holdings Earnings Yield (Joel Greenblatt) % Chart
For the Aerospace & Defense subindustry, Red Cat Holdings'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.
Red Cat Holdings Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Red Cat Holdings's Earnings Yield (Joel Greenblatt) % falls into.
Red Cat Holdings 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.
Red Cat Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2024 is calculated as
Red Cat Holdings'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 $-81.42 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -5.51% mean?
Red Cat Holdings (RCAT) has a Earnings Yield (Joel Greenblatt) % of -5.51% 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 Red Cat Holdings and its competitors. According to the industry distribution chart, Red Cat Holdings ranks #310 out of 362 companies in the Aerospace & Defense industry, placing it in the top 85.6%.
Is Red Cat Holdings' Earnings Yield (Joel Greenblatt) % too high?
Red Cat Holdings' current Earnings Yield (Joel Greenblatt) % is -5.51%. Based on the distribution chart, Red Cat Holdings ranks #310 out of 362 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Red Cat Holdings has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' Earnings Yield (Joel Greenblatt) % compare to CDRE and NPK?
According to the Aerospace & Defense industry distribution chart, Red Cat Holdings ranks #310 out of 362 companies for Earnings Yield (Joel Greenblatt) %. This places Red Cat Holdings in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.12. 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 Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.12, based on 362 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 Red Cat Holdings and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Cat Holdings's current Earnings Yield (Joel Greenblatt) % is -5.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (RCAT) is currently considered Fairly Valued. The stock's GF Value™ is $7.87, compared to a current price of $7.47 — trading 5.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -5.51%. Red Cat Holdings' overall GF Score™ is 73/100 with 5 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 Red Cat Holdings (RCAT), the current Earnings Yield (Joel Greenblatt) % is -5.51% 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 Red Cat Holdings (RCAT) Overvalued in 2026?
Based on GuruFocus' analysis, Red Cat Holdings stock appears to be undervalued.
The current stock price of $7.47 is trading 5.1% below its estimated GF Value™ of $7.87.
GuruFocus considers Red Cat Holdings to be Fairly Valued.
Key valuation signals for RCAT:
Earnings Yield (Joel Greenblatt) %: -5.51%
GF Value™: $7.87 vs. price of $7.47 (5.1% below fair value)
No single metric tells the full story. See the RCAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
73GF 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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