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Siemens Healthineers AGSEMHF -2.93%83 Earnings Yield (Joel Greenblatt) % is 9.08% as of Jun. 2026, which is 71% above its 10-year median of 5.32. GuruFocus rates SEMHF with a GF Score™ of 83/100 and a GF Value™ of $59.05 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 846 Medical Devices & Instruments companies, Siemens Healthineers AG ranks better than 82.74% on this metric.
Siemens Healthineers AG's Enterprise Value for the quarter that ended in Jun. 2026 was $42,508 Mil.
Siemens Healthineers AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $3,838 Mil. Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.08%.
The historical rank and industry rank for Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SEMHF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.27 Med: 5.32 Max: 9.01
Current: 7.92
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Siemens Healthineers AG was 9.01%. The lowest was 3.27%. And the median was 5.32%.
SEMHF's Earnings Yield (Joel Greenblatt) % is ranked better than 82.74% of 846
companies
in the Medical Devices & Instruments industry
Industry Median: 0.98
vs SEMHF: 7.92
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) %. Siemens Healthineers AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 10.02%. 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.
Siemens Healthineers AG (OTCPK:SEMHF) 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.
Siemens Healthineers AG Earnings Yield (Joel Greenblatt) % Related Terms
Siemens Healthineers AG Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Siemens Healthineers AG'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.
Siemens Healthineers AG Earnings Yield (Joel Greenblatt) % Chart
For the Medical Devices subindustry, Siemens Healthineers AG'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.
Siemens Healthineers AG Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % falls into.
Siemens Healthineers AG 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.
Siemens Healthineers AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Siemens Healthineers AG'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 $3,838 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.08% mean?
Siemens Healthineers AG (SEMHF) has a Earnings Yield (Joel Greenblatt) % of 9.08% 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 Siemens Healthineers AG and its competitors. This is 71% above median its historical median of 5.32. Over the past decade, Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % has ranged from 3.27 to 9.01. According to the industry distribution chart, Siemens Healthineers AG ranks #146 out of 846 companies in the Medical Devices & Instruments industry, placing it in the top 17.3%.
Is Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % too high?
Siemens Healthineers AG's current Earnings Yield (Joel Greenblatt) % of 9.08% is 71% above median its 10-year median of 5.32. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 9.01. The Medical Devices & Instruments industry median Earnings Yield (Joel Greenblatt) % is 0.98. Siemens Healthineers AG's value of 9.08% is 826.5% above this industry median. Based on the distribution chart, Siemens Healthineers AG ranks #146 out of 846 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Siemens Healthineers AG has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siemens Healthineers AG's Earnings Yield (Joel Greenblatt) % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Siemens Healthineers AG ranks #146 out of 846 companies for Earnings Yield (Joel Greenblatt) %. This places Siemens Healthineers AG in the top 17% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 0.98. Siemens Healthineers AG's value of 9.08% is 826.5% above this benchmark. Historically, Siemens Healthineers AG's own Earnings Yield (Joel Greenblatt) % has ranged from 3.27 to 9.01 over the past decade. While the company's 10-year median is 5.32 vs. the industry median of 0.98, Siemens Healthineers AG 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 0.98, based on 846 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. Siemens Healthineers AG's current Earnings Yield (Joel Greenblatt) % of 9.08% is 826.5% 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 Siemens Healthineers AG and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens Healthineers AG's current Earnings Yield (Joel Greenblatt) % is 9.08%, which is 71% above median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens Healthineers AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens Healthineers AG (SEMHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $59.05, compared to a current price of $45.23 — trading 23.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.08%, which is 71% above median its 10-year median of 5.32 and 826.5% above the Medical Devices & Instruments industry median of 0.98. Siemens Healthineers AG's overall GF Score™ is 83/100 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 Siemens Healthineers AG (SEMHF), the current Earnings Yield (Joel Greenblatt) % is 9.08% 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 Siemens Healthineers AG (SEMHF) Overvalued in 2026?
Based on GuruFocus' analysis, Siemens Healthineers AG stock appears to be undervalued.
The current stock price of $45.23 is trading 23.4% below its estimated GF Value™ of $59.05.
GuruFocus considers Siemens Healthineers AG to be Modestly Undervalued.
Key valuation signals for SEMHF:
Earnings Yield (Joel Greenblatt) %: 9.08% (71% above median its 10-year median of 5.32)
GF Value™: $59.05 vs. price of $45.23 (23.4% below fair value)
Industry Position: 826.5% above the Medical Devices & Instruments median (#146 of 846)
No single metric tells the full story. See the SEMHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siemens Healthineers is engaged in therapeutic imaging, radiotherapy, laboratory, and point-of-care diagnostics. The imaging segment (56% of sales in fiscal 2025) includes magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound. The Varian segment (18% of sales) offers radiotherapy and other oncology solutions. The diagnostics segment (19%) includes in vitro diagnostics and point-of-care diagnostics. The advanced therapies (now part of precision therapy) segment (9%) products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology, and surgery. The Americas represents 44% of total sales, Europe, Middle East, and Africa 32%, and Asia-Pacific, including China (11%), the remainder.
83GF Score
Get the complete analysis for SEMHF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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