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Kanda Tsushinki CoTSE:1992 66 Earnings Yield (Joel Greenblatt) % is 17.48% as of Mar. 2026, which is 60% below its 10-year median of 43.20. GuruFocus rates TSE:1992 with a GF Score™ of 66/100 and a GF Value™ of 円2,583.53 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,492 Hardware companies, Kanda Tsushinki Co ranks better than 84.19% on this metric.
Kanda Tsushinki Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円3,431 Mil.
Kanda Tsushinki Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円402 Mil. Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 17.48%.
The historical rank and industry rank for Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:1992'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1682.28 Med: 43.2 Max: 2298.15
Current: 11.43
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kanda Tsushinki Co was 2298.15%. The lowest was -1682.28%. And the median was 43.20%.
TSE:1992's Earnings Yield (Joel Greenblatt) % is ranked better than 84.19% of 2492
companies
in the Hardware industry
Industry Median: 2.61
vs TSE:1992: 11.43
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) %. Kanda Tsushinki Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 15.14%. 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.
Kanda Tsushinki Co (TSE:1992) 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.
Kanda Tsushinki Co Earnings Yield (Joel Greenblatt) % Related Terms
Kanda Tsushinki Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Kanda Tsushinki 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.
Kanda Tsushinki Co Earnings Yield (Joel Greenblatt) % Chart
For the Communication Equipment subindustry, Kanda Tsushinki 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.
Kanda Tsushinki Co Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) % falls into.
Kanda Tsushinki 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.
Kanda Tsushinki Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Kanda Tsushinki 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402 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 17.48% mean?
Kanda Tsushinki Co (TSE:1992) has a Earnings Yield (Joel Greenblatt) % of 17.48% 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 Kanda Tsushinki Co and its competitors. This is 60% below median its historical median of 43.20. According to the industry distribution chart, Kanda Tsushinki Co ranks #394 out of 2492 companies in the Hardware industry, placing it in the top 15.8%.
Is Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) % too high?
Kanda Tsushinki Co's current Earnings Yield (Joel Greenblatt) % of 17.48% is 60% below median its 10-year median of 43.20. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.61. Kanda Tsushinki Co's value of 17.48% is 569.7% above this industry median. Based on the distribution chart, Kanda Tsushinki Co ranks #394 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kanda Tsushinki Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanda Tsushinki Co's Earnings Yield (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Kanda Tsushinki Co ranks #394 out of 2492 companies for Earnings Yield (Joel Greenblatt) %. This places Kanda Tsushinki Co in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.61. Kanda Tsushinki Co's value of 17.48% is 569.7% above this benchmark. While the company's 10-year median is 43.20 vs. the industry median of 2.61, Kanda Tsushinki 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.61, based on 2,492 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. Kanda Tsushinki Co's current Earnings Yield (Joel Greenblatt) % of 17.48% is 569.7% 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 Kanda Tsushinki Co and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanda Tsushinki Co's current Earnings Yield (Joel Greenblatt) % is 17.48%, which is 60% below median its own 10-year median of 43.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanda Tsushinki Co stock overvalued right now?
Based on GuruFocus' analysis, Kanda Tsushinki Co (TSE:1992) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,583.53, compared to a current price of 円2,986.00 — trading 15.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 17.48%, which is 60% below median its 10-year median of 43.20 and 569.7% above the Hardware industry median of 2.61. Kanda Tsushinki Co's overall GF Score™ is 66/100 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 Kanda Tsushinki Co (TSE:1992), the current Earnings Yield (Joel Greenblatt) % is 17.48% 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 Kanda Tsushinki Co (TSE:1992) Overvalued in 2026?
Based on GuruFocus' analysis, Kanda Tsushinki Co stock appears to be overvalued.
The current stock price of 円2,986.00 is trading 15.6% above its estimated GF Value™ of 円2,583.53.
GuruFocus considers Kanda Tsushinki Co to be Modestly Overvalued.
Key valuation signals for TSE:1992:
Earnings Yield (Joel Greenblatt) %: 17.48% (60% below median its 10-year median of 43.20)
GF Value™: 円2,583.53 vs. price of 円2,986.00 (15.6% above fair value)
Industry Position: 569.7% above the Hardware median (#394 of 2492)
No single metric tells the full story. See the TSE:1992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanda Tsushinki Co Ltd is a Japan-based company engaged in the information and communication business. It is involved in the business activities of information communication system development, software development, control lighting business, communication system development, computer network system development, agency for contact center operations and others. The company also supports infrastructure construction by providing complete solutions from telephone network equipment to network construction to power supply construction.
66GF 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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