RNOPF (Renold) Earnings Yield (Joel Greenblatt) %: 17.57% (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RNOPF Renold PLC RNOPF
39 GF Score
Price $0.99
View Full Analysis

What is Renold Earnings Yield (Joel Greenblatt) %?

Renold RNOPF -5.89% 39 Earnings Yield (Joel Greenblatt) % is 17.57% as of Mar. 2025. GuruFocus rates RNOPF with a GF Score™ of 39/100.

Renold's Enterprise Value for the quarter that ended in Mar. 2025 was $201.0 Mil. Renold's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $33.6 Mil. Renold's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was 17.57%.

The historical rank and industry rank for Renold's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

RNOPF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 3.52
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Renold's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 was 31.91%. 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.


Renold  (OTCPK:RNOPF) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Renold Earnings Yield (Joel Greenblatt) % Related Terms


Renold Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Renold'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.

Renold Earnings Yield (Joel Greenblatt) % Chart

Renold Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.12 19.72 19.16 24.21 17.57

Renold Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.16 0.00 24.21 0.00 17.57

RNOPF vs GEV, ETN, PH: Earnings Yield (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Renold'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.


Renold Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Renold's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Renold's Earnings Yield (Joel Greenblatt) % falls into.


RNOPF
39GF Score
Renold PLC RNOPF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renold 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.

Renolds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=33.204/200.952867
=16.52 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 17.57% mean?
Renold (RNOPF) has a Earnings Yield (Joel Greenblatt) % of 17.57% as of Mar. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Renold and its competitors.
Is Renold's Earnings Yield (Joel Greenblatt) % too high?
Renold's current Earnings Yield (Joel Greenblatt) % is 17.57%. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.52. Renold's value of 17.57% is 399.1% above this industry median. Overall, Renold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Renold's Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
Renold's Earnings Yield (Joel Greenblatt) % of 17.57% can be compared against companies in the Industrial Products industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.52. Renold's value of 17.57% is 399.1% above 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.52, based on 3,087 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. Renold's current Earnings Yield (Joel Greenblatt) % of 17.57% is 399.1% 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 Renold and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renold's current Earnings Yield (Joel Greenblatt) % is 17.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renold stock overvalued right now?
Renold (RNOPF) has a current Earnings Yield (Joel Greenblatt) % of 17.57%. The current Earnings Yield (Joel Greenblatt) % is 17.57% and 399.1% above the Industrial Products industry median of 3.52. Renold's overall GF Score™ is 39/100. 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 Renold (RNOPF), the current Earnings Yield (Joel Greenblatt) % is 17.57% as of Mar. 2025. 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.

Renold Business Description

Address Styal Road, Trident 2, Trident Business Park, Wythenshawe, Manchester, GBR, M22 5XB
Renold PLC is a United Kingdom-based manufacturer of industrial conveyor chains and other machine components. The company's operating segments include: The Chain and The Torque Transmission. Chain segment manufactures and sells power transmission and conveyor chain. It generates maximum revenue from the Chain segment. Geographically, it derives majority of revenue from the Americas and also has a presence in Rest of Europe, Australasia, China, India, and Other countries. The company serves agriculture, forestry and fishing, construction machinery, energy, environmental, food and drink, mining and quarrying and transportation sectors.
39GF Score

Get the complete analysis for RNOPF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.99
Price