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Spruce Power HoldingSPRU -2.65%44 Earnings Yield (Joel Greenblatt) % is 6.48% as of Jun. 2026. GuruFocus rates SPRU with a GF Score™ of 44/100 and a GF Value™ of $3.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,029 Semiconductors companies, Spruce Power Holding ranks better than 82.6% on this metric.
Spruce Power Holding's Enterprise Value for the quarter that ended in Jun. 2026 was $674.8 Mil.
Spruce Power Holding's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $43.7 Mil. Spruce Power Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.48%.
The historical rank and industry rank for Spruce Power Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SPRU'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1008.17 Med: -3.44 Max: 97.07
Current: 6.62
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Spruce Power Holding was 97.07%. The lowest was -1008.17%. And the median was -3.44%.
SPRU's Earnings Yield (Joel Greenblatt) % is ranked better than 82.6% of 1029
companies
in the Semiconductors industry
Industry Median: 1.54
vs SPRU: 6.62
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) %. Spruce Power Holding'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.
Spruce Power Holding (NYSE:SPRU) 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.
Spruce Power Holding Earnings Yield (Joel Greenblatt) % Related Terms
Spruce Power Holding Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Spruce Power Holding'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.
Spruce Power Holding Earnings Yield (Joel Greenblatt) % Chart
SPRU vs FTCI, ASTI, BEEM: Earnings Yield (Joel Greenblatt) % Comparison
For the Solar subindustry, Spruce Power Holding'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.
Spruce Power Holding Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Spruce Power Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Spruce Power Holding's Earnings Yield (Joel Greenblatt) % falls into.
Spruce Power Holding 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.
Spruce Power Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Spruce Power Holding'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 $43.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.48% mean?
Spruce Power Holding (SPRU) has a Earnings Yield (Joel Greenblatt) % of 6.48% 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 Spruce Power Holding and its competitors. According to the industry distribution chart, Spruce Power Holding ranks #179 out of 1029 companies in the Semiconductors industry, placing it in the top 17.4%.
Is Spruce Power Holding's Earnings Yield (Joel Greenblatt) % too high?
Spruce Power Holding's current Earnings Yield (Joel Greenblatt) % is 6.48%. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.54. Spruce Power Holding's value of 6.48% is 320.8% above this industry median. Based on the distribution chart, Spruce Power Holding ranks #179 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Spruce Power Holding has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spruce Power Holding's Earnings Yield (Joel Greenblatt) % compare to FTCI and ASTI?
According to the Semiconductors industry distribution chart, Spruce Power Holding ranks #179 out of 1029 companies for Earnings Yield (Joel Greenblatt) %. This places Spruce Power Holding in the top 17% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 1.54. Spruce Power Holding's value of 6.48% is 320.8% above this benchmark. 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.54, based on 1,029 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. Spruce Power Holding's current Earnings Yield (Joel Greenblatt) % of 6.48% is 320.8% 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 Spruce Power Holding and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spruce Power Holding's current Earnings Yield (Joel Greenblatt) % is 6.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spruce Power Holding stock overvalued right now?
Based on GuruFocus' analysis, Spruce Power Holding (SPRU) is currently considered Possible Value Trap. The stock's GF Value™ is $3.91, compared to a current price of $1.84 — trading 52.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.48% and 320.8% above the Semiconductors industry median of 1.54. Spruce Power Holding's overall GF Score™ is 44/100 with 5 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 Spruce Power Holding (SPRU), the current Earnings Yield (Joel Greenblatt) % is 6.48% 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 Spruce Power Holding (SPRU) Overvalued in 2026?
Based on GuruFocus' analysis, Spruce Power Holding stock appears to be undervalued.
The current stock price of $1.84 is trading 52.9% below its estimated GF Value™ of $3.91.
GuruFocus considers Spruce Power Holding to be Possible Value Trap.
Key valuation signals for SPRU:
Earnings Yield (Joel Greenblatt) %: 6.48%
GF Value™: $3.91 vs. price of $1.84 (52.9% below fair value)
Industry Position: 320.8% above the Semiconductors median (#179 of 1029)
No single metric tells the full story. See the SPRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spruce Power Holding Corp is an owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's customers are homeowners and the Company's core solar service offerings generate revenues through, the sale of electricity generated by its home solar energy systems to homeowners, third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and the servicing of those agreements for other institutional owners of home solar energy systems.
44GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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