Nippon Grande Co (SSE:2976) Earnings Yield (Joel Greenblatt) %: 6.76% (As of Mar. 2026) — 24% Above Median

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SSE:2976 Nippon Grande Co Ltd SSE:2976
19 GF Score
Price 円677.00
! 4 Warning Signs
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What is Nippon Grande Co Earnings Yield (Joel Greenblatt) %?

Nippon Grande Co SSE:2976 -2.87% 19 Earnings Yield (Joel Greenblatt) % is 6.76% as of Mar. 2026, which is 24% above its 10-year median of 5.43. GuruFocus rates SSE:2976 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,824 Real Estate companies, Nippon Grande Co ranks better than 61.51% on this metric.

Nippon Grande Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円2,206 Mil. Nippon Grande Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円155 Mil. Nippon Grande Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.76%.

The historical rank and industry rank for Nippon Grande Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

SSE:2976' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.14   Med: 5.43   Max: 11.27
Current: 7.05

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Nippon Grande Co was 11.27%. The lowest was -0.14%. And the median was 5.43%.

SSE:2976's Earnings Yield (Joel Greenblatt) % is ranked better than
61.51% of 1824 companies
in the Real Estate industry
Industry Median: 4.995 vs SSE:2976: 7.05

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) %. Nippon Grande Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -16.26%. 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.


Nippon Grande Co  (SSE:2976) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Nippon Grande Co Earnings Yield (Joel Greenblatt) % Related Terms


Nippon Grande Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nippon Grande Co'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.

Nippon Grande Co Earnings Yield (Joel Greenblatt) % Chart

Nippon Grande Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.68 10.37 3.46 -0.76 6.76

Nippon Grande Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 6.16 6.26 6.76 7.06

SSE:2976 vs CBRE, BEKE, JLL: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Nippon Grande Co'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.


Nippon Grande Co Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nippon Grande Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nippon Grande Co's Earnings Yield (Joel Greenblatt) % falls into.


SSE:2976
19GF Score
Nippon Grande Co Ltd SSE:2976
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Grande Co 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.

Nippon Grande Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=149.161/2205.9818
=6.76 %

Nippon Grande Co'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 円155 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.76% mean?
Nippon Grande Co (SSE:2976) has a Earnings Yield (Joel Greenblatt) % of 6.76% 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 Nippon Grande Co and its competitors. This is 24% above median its historical median of 5.43. According to the industry distribution chart, Nippon Grande Co ranks #702 out of 1824 companies in the Real Estate industry, placing it in the top 38.5%.
Is Nippon Grande Co's Earnings Yield (Joel Greenblatt) % too high?
Nippon Grande Co's current Earnings Yield (Joel Greenblatt) % of 6.76% is 24% above median its 10-year median of 5.43. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 5.00. Nippon Grande Co's value of 6.76% is 35.3% above this industry median. Based on the distribution chart, Nippon Grande Co ranks #702 out of 1824 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nippon Grande Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Grande Co's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nippon Grande Co ranks #702 out of 1824 companies for Earnings Yield (Joel Greenblatt) %. This puts Nippon Grande Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.00. Nippon Grande Co's value of 6.76% is 35.3% above this benchmark. While the company's 10-year median is 5.43 vs. the industry median of 5.00, Nippon Grande Co 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 5.00, based on 1,824 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. Nippon Grande Co's current Earnings Yield (Joel Greenblatt) % of 6.76% is 35.3% 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 Nippon Grande Co and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Grande Co's current Earnings Yield (Joel Greenblatt) % is 6.76%, which is 24% above median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Grande Co stock overvalued right now?
Nippon Grande Co (SSE:2976) has a current Earnings Yield (Joel Greenblatt) % of 6.76%. The current Earnings Yield (Joel Greenblatt) % is 6.76%, which is 24% above median its 10-year median of 5.43 and 35.3% above the Real Estate industry median of 5.00. Nippon Grande Co's overall GF Score™ is 19/100 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 Nippon Grande Co (SSE:2976), the current Earnings Yield (Joel Greenblatt) % is 6.76% 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.

Nippon Grande Co Business Description

Address 1-1-1 Odori Nishi 5-chome, Chuo-ku, Sapporo City, JPN
Nippon Grande Co Ltd is a Japanese company that provides real estate-based services. It offers real estate sales, real estate leasing, and other services. Its reportable business segments are Real estate sales, Real estate rental, and Real estate-related.
19GF 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.

円677.00
Price