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.
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.
SP Group ASSPGGF 94 Earnings Yield (Joel Greenblatt) % is 9.68% as of Mar. 2026, which is 49% above its 10-year median of 6.50. GuruFocus rates SPGGF with a GF Score™ of 94/100 and a GF Value™ of $21.39. The stock has 8 warning signs investors should review. Among 1,626 Chemicals companies, SP Group AS ranks better than 71.46% on this metric.
SP Group AS's Enterprise Value for the quarter that ended in Mar. 2026 was $390.3 Mil.
SP Group AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $66.6 Mil. SP Group AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.68%.
The historical rank and industry rank for SP Group AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SPGGF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.36 Med: 6.5 Max: 13.27
Current: 7.47
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SP Group AS was 13.27%. The lowest was 1.36%. And the median was 6.50%.
SPGGF's Earnings Yield (Joel Greenblatt) % is ranked better than 71.46% of 1626
companies
in the Chemicals industry
Industry Median: 3.775
vs SPGGF: 7.47
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) %. SP Group AS'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.
SP Group AS (OTCPK:SPGGF) 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.
SP Group AS Earnings Yield (Joel Greenblatt) % Related Terms
SP Group AS Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for SP Group AS'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.
SP Group AS Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Chemicals subindustry, SP Group AS'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.
SP Group AS Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SP Group AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SP Group AS's Earnings Yield (Joel Greenblatt) % falls into.
SP Group AS 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.
SP Group ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
SP Group AS'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 $66.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.68% mean?
SP Group AS (SPGGF) has a Earnings Yield (Joel Greenblatt) % of 9.68% 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 SP Group AS and its competitors. This is 49% above median its historical median of 6.50. Over the past decade, SP Group AS's Earnings Yield (Joel Greenblatt) % has ranged from 1.36 to 13.27. According to the industry distribution chart, SP Group AS ranks #464 out of 1626 companies in the Chemicals industry, placing it in the top 28.5%.
Is SP Group AS's Earnings Yield (Joel Greenblatt) % too high?
SP Group AS's current Earnings Yield (Joel Greenblatt) % of 9.68% is 49% above median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 13.27. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 3.78. SP Group AS's value of 9.68% is 156.4% above this industry median. Based on the distribution chart, SP Group AS ranks #464 out of 1626 companies in the Chemicals industry, which is above the industry midpoint. Overall, SP Group AS has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #464 out of 1626 companies for Earnings Yield (Joel Greenblatt) %. This puts SP Group AS in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.78. SP Group AS's value of 9.68% is 156.4% above this benchmark. Historically, SP Group AS's own Earnings Yield (Joel Greenblatt) % has ranged from 1.36 to 13.27 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 3.78, SP Group AS 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 3.78, based on 1,626 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. SP Group AS's current Earnings Yield (Joel Greenblatt) % of 9.68% is 156.4% 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 SP Group AS and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Earnings Yield (Joel Greenblatt) % is 9.68%, which is 49% above median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (SPGGF) has a current Earnings Yield (Joel Greenblatt) % of 9.68%. The stock's GF Value™ is $21.39, compared to a current price of $29.71 — trading 38.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.68%, which is 49% above median its 10-year median of 6.50 and 156.4% above the Chemicals industry median of 3.78. SP Group AS's overall GF Score™ is 94/100 with 8 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 SP Group AS (SPGGF), the current Earnings Yield (Joel Greenblatt) % is 9.68% 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 SP Group AS (SPGGF) Overvalued in 2026?
Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued.
The current stock price of $29.71 is trading 38.9% above its estimated GF Value™ of $21.39.
Key valuation signals for SPGGF:
Earnings Yield (Joel Greenblatt) %: 9.68% (49% above median its 10-year median of 6.50)
GF Value™: $21.39 vs. price of $29.71 (38.9% above fair value)
Industry Position: 156.4% above the Chemicals median (#464 of 1626)
No single metric tells the full story. See the SPGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
94GF Score
Get the complete analysis for SPGGF
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
SPGGF has been successfully added to your 
