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Toppan HoldingsTOPPY -3.45%84 Earnings Yield (Joel Greenblatt) % is 8.67% as of Mar. 2026, which is 27% below its 10-year median of 11.80. GuruFocus rates TOPPY with a GF Scoreâ„¢ of 84/100 and a GF Valueâ„¢ of $14.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 576 Conglomerates companies, Toppan Holdings ranks better than 57.12% on this metric.
Toppan Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $8,151 Mil.
Toppan Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $752 Mil. Toppan Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.67%.
The historical rank and industry rank for Toppan Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TOPPY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.3 Med: 11.8 Max: 47.81
Current: 8.08
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Toppan Holdings was 47.81%. The lowest was 5.30%. And the median was 11.80%.
TOPPY's Earnings Yield (Joel Greenblatt) % is ranked better than 57.12% of 576
companies
in the Conglomerates industry
Industry Median: 6.54
vs TOPPY: 8.08
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) %. Toppan Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 4.43%. 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.
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.
Toppan Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Toppan Holdings Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Toppan Holdings'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.
TOPPY vs HON, MMM: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Toppan Holdings'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.
Toppan Holdings Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Toppan Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Toppan Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Toppan Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Toppan Holdings'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 $752 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.67% mean?
Toppan Holdings (TOPPY) has a Earnings Yield (Joel Greenblatt) % of 8.67% 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 Toppan Holdings and its competitors. This is 27% below median its historical median of 11.80. Over the past decade, Toppan Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 5.30 to 47.81. According to the industry distribution chart, Toppan Holdings ranks #247 out of 576 companies in the Conglomerates industry, placing it in the top 42.9%.
Is Toppan Holdings' Earnings Yield (Joel Greenblatt) % too high?
Toppan Holdings' current Earnings Yield (Joel Greenblatt) % of 8.67% is 27% below median its 10-year median of 11.80. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 47.81. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.54. Toppan Holdings' value of 8.67% is 32.6% above this industry median. Based on the distribution chart, Toppan Holdings ranks #247 out of 576 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Toppan Holdings has a GF Scoreâ„¢ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toppan Holdings' Earnings Yield (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Toppan Holdings ranks #247 out of 576 companies for Earnings Yield (Joel Greenblatt) %. This puts Toppan Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.54. Toppan Holdings' value of 8.67% is 32.6% above this benchmark. Historically, Toppan Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 5.30 to 47.81 over the past decade. While the company's 10-year median is 11.80 vs. the industry median of 6.54, Toppan Holdings 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.54, based on 576 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. Toppan Holdings's current Earnings Yield (Joel Greenblatt) % of 8.67% is 32.6% 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 Toppan Holdings and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toppan Holdings's current Earnings Yield (Joel Greenblatt) % is 8.67%, which is 27% below median its own 10-year median of 11.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toppan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Toppan Holdings (TOPPY) is currently considered Fairly Valued. The stock's GF Value™ is $14.74, compared to a current price of $14.83 — trading 0.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.67%, which is 27% below median its 10-year median of 11.80 and 32.6% above the Conglomerates industry median of 6.54. Toppan Holdings' overall GF Score™ is 84/100 with 2 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 Toppan Holdings (TOPPY), the current Earnings Yield (Joel Greenblatt) % is 8.67% 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 Toppan Holdings (TOPPY) Overvalued in 2026?
Based on GuruFocus' analysis, Toppan Holdings stock appears to be overvalued.
The current stock price of $14.83 is trading 0.6% above its estimated GF Value™ of $14.74.
GuruFocus considers Toppan Holdings to be Fairly Valued.
Key valuation signals for TOPPY:
Earnings Yield (Joel Greenblatt) %: 8.67% (27% below median its 10-year median of 11.80)
GF Value™: $14.74 vs. price of $14.83 (0.6% above fair value)
Industry Position: 32.6% above the Conglomerates median (#247 of 576)
No single metric tells the full story. See the TOPPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toppan Holdings Inc provides products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (the majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop solutions for customers. Operations and sales are located in Japan.
84GF 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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