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San Miguel Brewery Hong KongSMGLF 51 Earnings Yield (Joel Greenblatt) % is 60.61% as of Dec. 2025, which is 1127% above its 10-year median of 4.94. GuruFocus rates SMGLF with a GF Score™ of 51/100 and a GF Value™ of $0.14. The stock has 1 warning sign investors should review. Among 213 Beverages - Alcoholic companies, San Miguel Brewery Hong Kong ranks better than 99.06% on this metric.
San Miguel Brewery Hong Kong's Enterprise Value for the quarter that ended in Dec. 2025 was $25.02 Mil.
San Miguel Brewery Hong Kong's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $6.58 Mil. San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 60.61%.
The historical rank and industry rank for San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SMGLF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -66.15 Med: 4.94 Max: 108.73
Current: 38.02
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of San Miguel Brewery Hong Kong was 108.73%. The lowest was -66.15%. And the median was 4.94%.
SMGLF's Earnings Yield (Joel Greenblatt) % is ranked better than 99.06% of 213
companies
in the Beverages - Alcoholic industry
Industry Median: 5.25
vs SMGLF: 38.02
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) %. San Miguel Brewery Hong Kong's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 3.76%. 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.
San Miguel Brewery Hong Kong (OTCPK:SMGLF) 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.
San Miguel Brewery Hong Kong Earnings Yield (Joel Greenblatt) % Related Terms
San Miguel Brewery Hong Kong Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for San Miguel Brewery Hong Kong'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.
San Miguel Brewery Hong Kong Earnings Yield (Joel Greenblatt) % Chart
SMGLF vs STZ: Earnings Yield (Joel Greenblatt) % Comparison
For the Beverages - Brewers subindustry, San Miguel Brewery Hong Kong'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.
San Miguel Brewery Hong Kong Earnings Yield (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % falls into.
San Miguel Brewery Hong Kong 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.
San Miguel Brewery Hong Kongs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 60.61% mean?
San Miguel Brewery Hong Kong (SMGLF) has a Earnings Yield (Joel Greenblatt) % of 60.61% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on San Miguel Brewery Hong Kong and its competitors. This is 1127% above median its historical median of 4.94. According to the industry distribution chart, San Miguel Brewery Hong Kong ranks #2 out of 213 companies in the Beverages - Alcoholic industry, placing it in the top 0.90000000000001%.
Is San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % too high?
San Miguel Brewery Hong Kong's current Earnings Yield (Joel Greenblatt) % of 60.61% is 1127% above median its 10-year median of 4.94. The Beverages - Alcoholic industry median Earnings Yield (Joel Greenblatt) % is 5.25. San Miguel Brewery Hong Kong's value of 60.61% is 1054.5% above this industry median. Based on the distribution chart, San Miguel Brewery Hong Kong ranks #2 out of 213 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, San Miguel Brewery Hong Kong has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does San Miguel Brewery Hong Kong's Earnings Yield (Joel Greenblatt) % compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, San Miguel Brewery Hong Kong ranks #2 out of 213 companies for Earnings Yield (Joel Greenblatt) %. This places San Miguel Brewery Hong Kong in the top 1% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.25. San Miguel Brewery Hong Kong's value of 60.61% is 1054.5% above this benchmark. While the company's 10-year median is 4.94 vs. the industry median of 5.25, San Miguel Brewery Hong Kong 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 Beverages - Alcoholic company?
The median Earnings Yield (Joel Greenblatt) % among Beverages - Alcoholic companies is 5.25, based on 213 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. San Miguel Brewery Hong Kong's current Earnings Yield (Joel Greenblatt) % of 60.61% is 1054.5% 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 San Miguel Brewery Hong Kong and its competitors. For the Beverages - Alcoholic industry, the median Earnings Yield (Joel Greenblatt) % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Brewery Hong Kong's current Earnings Yield (Joel Greenblatt) % is 60.61%, which is 1127% above median its own 10-year median of 4.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel Brewery Hong Kong stock overvalued right now?
San Miguel Brewery Hong Kong (SMGLF) has a current Earnings Yield (Joel Greenblatt) % of 60.61%. The stock's GF Value™ is $0.14, compared to a current price of $0.17 — trading 21.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 60.61%, which is 1127% above median its 10-year median of 4.94 and 1054.5% above the Beverages - Alcoholic industry median of 5.25. San Miguel Brewery Hong Kong's overall GF Score™ is 51/100 with 1 warning sign 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 San Miguel Brewery Hong Kong (SMGLF), the current Earnings Yield (Joel Greenblatt) % is 60.61% as of Dec. 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.
Is San Miguel Brewery Hong Kong (SMGLF) Overvalued in 2026?
Based on GuruFocus' analysis, San Miguel Brewery Hong Kong stock appears to be overvalued.
The current stock price of $0.17 is trading 21.4% above its estimated GF Value™ of $0.14.
Key valuation signals for SMGLF:
Earnings Yield (Joel Greenblatt) %: 60.61% (1127% above median its 10-year median of 4.94)
GF Value™: $0.14 vs. price of $0.17 (21.4% above fair value)
Industry Position: 1054.5% above the Beverages - Alcoholic median (#2 of 213)
No single metric tells the full story. See the SMGLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned, and draught beers. Its two reportable segments are: The Hong Kong operations comprise the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas; and The Mainland China operations comprise the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.
51GF Score
Get the complete analysis for SMGLF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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