Koninklijke Philips NVRYLPF +2.21%72 Earnings Yield (Joel Greenblatt) % is 5.64% as of Mar. 2026, which is 72% above its 10-year median of 3.27. GuruFocus rates RYLPF with a GF Score™ of 72/100 and a GF Value™ of $26.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Koninklijke Philips NV ranks better than 74.12% on this metric.
Koninklijke Philips NV's Enterprise Value for the quarter that ended in Mar. 2026 was $31,583 Mil.
Koninklijke Philips NV's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,822 Mil. Koninklijke Philips NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.64%.
The historical rank and industry rank for Koninklijke Philips NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
RYLPF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.28 Med: 3.27 Max: 5.96
Current: 5.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Koninklijke Philips NV was 5.96%. The lowest was -13.28%. And the median was 3.27%.
RYLPF's Earnings Yield (Joel Greenblatt) % is ranked better than 74.12% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 0.77
vs RYLPF: 5.41
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) %. Koninklijke Philips NV'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.
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.
Koninklijke Philips NV Earnings Yield (Joel Greenblatt) % Related Terms
Koninklijke Philips NV Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Koninklijke Philips NV'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 Medical Devices subindustry, Koninklijke Philips NV'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.
Koninklijke Philips NV Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Koninklijke Philips NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Koninklijke Philips NV'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.
Koninklijke Philips NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Koninklijke Philips NV'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 $1,822 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.64% mean?
Koninklijke Philips NV (RYLPF) has a Earnings Yield (Joel Greenblatt) % of 5.64% 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 Koninklijke Philips NV and its competitors. This is 72% above median its historical median of 3.27. According to the industry distribution chart, Koninklijke Philips NV ranks #221 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 25.9%.
Is Koninklijke Philips NV's Earnings Yield (Joel Greenblatt) % too high?
Koninklijke Philips NV's current Earnings Yield (Joel Greenblatt) % of 5.64% is 72% above median its 10-year median of 3.27. The Medical Devices & Instruments industry median Earnings Yield (Joel Greenblatt) % is 0.77. Koninklijke Philips NV's value of 5.64% is 632.5% above this industry median. Based on the distribution chart, Koninklijke Philips NV ranks #221 out of 854 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Koninklijke Philips NV has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Philips NV's Earnings Yield (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Koninklijke Philips NV ranks #221 out of 854 companies for Earnings Yield (Joel Greenblatt) %. This puts Koninklijke Philips NV in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.77. Koninklijke Philips NV's value of 5.64% is 632.5% above this benchmark. While the company's 10-year median is 3.27 vs. the industry median of 0.77, Koninklijke Philips NV 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 a Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 0.77, based on 854 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. Koninklijke Philips NV's current Earnings Yield (Joel Greenblatt) % of 5.64% is 632.5% 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 Koninklijke Philips NV and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Philips NV's current Earnings Yield (Joel Greenblatt) % is 5.64%, which is 72% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Philips NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Philips NV (RYLPF) is currently considered Fairly Valued. The stock's GF Value™ is $26.15, compared to a current price of $28.01 — trading 7.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.64%, which is 72% above median its 10-year median of 3.27 and 632.5% above the Medical Devices & Instruments industry median of 0.77. Koninklijke Philips NV's overall GF Score™ is 72/100 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 Koninklijke Philips NV (RYLPF), the current Earnings Yield (Joel Greenblatt) % is 5.64% 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 Koninklijke Philips NV (RYLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Koninklijke Philips NV stock appears to be overvalued.
The current stock price of $28.01 is trading 7.1% above its estimated GF Value™ of $26.15.
GuruFocus considers Koninklijke Philips NV to be Fairly Valued.
Key valuation signals for RYLPF:
Earnings Yield (Joel Greenblatt) %: 5.64% (72% above median its 10-year median of 3.27)
GF Value™: $26.15 vs. price of $28.01 (7.1% above fair value)
Industry Position: 632.5% above the Medical Devices & Instruments median (#221 of 854)
No single metric tells the full story. See the RYLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koninklijke Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Nearly 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound and X-ray equipment, and image-guided therapy solutions. The connected care segment (under 30% of revenue) encompasses monitoring and analytics systems for hospitals, informatics business, and also houses the sleep and respiratory care segment. Personal health business (remainder of revenue) is mainly oral health and personal care product lines, which include electric toothbrushes and men's grooming and personal-care products.
72GF Score
Get the complete analysis for RYLPF
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
RYLPF has been successfully added to your 
