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Secure Waste InfrastructureSECYF +0.92%51 Earnings Yield (Joel Greenblatt) % is 4.18% as of Jun. 2026, which is 152% above its 10-year median of 1.66. GuruFocus rates SECYF with a GF Score™ of 51/100 and a GF Value™ of $2.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 251 Waste Management companies, Secure Waste Infrastructure ranks worse than 50.6% on this metric.
Secure Waste Infrastructure's Enterprise Value for the quarter that ended in Jun. 2026 was $4,094.06 Mil.
Secure Waste Infrastructure's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $175.43 Mil. Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.18%.
The historical rank and industry rank for Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SECYF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.44 Med: 1.66 Max: 24.8
Current: 3.87
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Secure Waste Infrastructure was 24.80%. The lowest was -12.44%. And the median was 1.66%.
SECYF's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.6% of 251
companies
in the Waste Management industry
Industry Median: 3.89
vs SECYF: 3.87
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) %. Secure Waste Infrastructure's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Secure Waste Infrastructure Earnings Yield (Joel Greenblatt) % Related Terms
Secure Waste Infrastructure Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Secure Waste Infrastructure'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 Waste Management subindustry, Secure Waste Infrastructure'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.
Secure Waste Infrastructure Earnings Yield (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Secure Waste Infrastructure'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.
Secure Waste Infrastructures Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Secure Waste Infrastructure's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $175.43 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.18% mean?
Secure Waste Infrastructure (SECYF) has a Earnings Yield (Joel Greenblatt) % of 4.18% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Secure Waste Infrastructure and its competitors. This is 152% above median its historical median of 1.66. According to the industry distribution chart, Secure Waste Infrastructure ranks #127 out of 251 companies in the Waste Management industry, placing it in the top 50.6%.
Is Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % too high?
Secure Waste Infrastructure's current Earnings Yield (Joel Greenblatt) % of 4.18% is 152% above median its 10-year median of 1.66. The Waste Management industry median Earnings Yield (Joel Greenblatt) % is 3.89. Secure Waste Infrastructure's value of 4.18% is 7.5% above this industry median. Based on the distribution chart, Secure Waste Infrastructure ranks #127 out of 251 companies in the Waste Management industry, which is below the industry midpoint. Overall, Secure Waste Infrastructure has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Waste Infrastructure's Earnings Yield (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Secure Waste Infrastructure ranks #127 out of 251 companies for Earnings Yield (Joel Greenblatt) %. This places Secure Waste Infrastructure in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.89. Secure Waste Infrastructure's value of 4.18% is 7.5% above this benchmark. While the company's 10-year median is 1.66 vs. the industry median of 3.89, Secure Waste Infrastructure 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 Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.89, based on 251 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. Secure Waste Infrastructure's current Earnings Yield (Joel Greenblatt) % of 4.18% is 7.5% 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 Secure Waste Infrastructure and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Waste Infrastructure's current Earnings Yield (Joel Greenblatt) % is 4.18%, which is 152% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Waste Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Secure Waste Infrastructure (SECYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.00, compared to a current price of $17.48 — trading 774% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.18%, which is 152% above median its 10-year median of 1.66 and 7.5% above the Waste Management industry median of 3.89. Secure Waste Infrastructure's overall GF Score™ is 51/100 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 Secure Waste Infrastructure (SECYF), the current Earnings Yield (Joel Greenblatt) % is 4.18% as of Jun. 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 Secure Waste Infrastructure (SECYF) Overvalued in 2026?
Based on GuruFocus' analysis, Secure Waste Infrastructure stock appears to be overvalued.
The current stock price of $17.48 is trading 774% above its estimated GF Value™ of $2.00.
GuruFocus considers Secure Waste Infrastructure to be Significantly Overvalued.
Key valuation signals for SECYF:
Earnings Yield (Joel Greenblatt) %: 4.18% (152% above median its 10-year median of 1.66)
GF Value™: $2.00 vs. price of $17.48 (774% above fair value)
Industry Position: 7.5% above the Waste Management median (#127 of 251)
No single metric tells the full story. See the SECYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Secure Waste Infrastructure Corp operates in waste management and energy infrastructure business. The company operates in two segments: Waste Management, and Energy Infrastructure. The activities of the company include buying and selling crude oil and natural gas liquid products, capturing location, and other related activities. It generates the majority of its revenue from the Waste Management segment which includes a network of waste processing facilities, produced water pipelines, industrial landfills, and others. Energy Infrastructure includes a network of crude oil gathering pipelines, terminals, and storage facilities.
51GF Score
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