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.
Okamura Foods CoTSE:2938 +1.01%76 Earnings Yield (Joel Greenblatt) % is 4.99% as of Jun. 2026, which is 10% above its 10-year median of 4.54. GuruFocus rates TSE:2938 with a GF Score™ of 76/100 and a GF Value™ of 円998.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,043 Consumer Packaged Goods companies, Okamura Foods Co ranks worse than 54.72% on this metric.
Okamura Foods Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円91,669 Mil.
Okamura Foods Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円4,575 Mil. Okamura Foods Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.99%.
The historical rank and industry rank for Okamura Foods Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:2938'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.58 Med: 4.54 Max: 7.63
Current: 5.03
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Okamura Foods Co was 7.63%. The lowest was 1.58%. And the median was 4.54%.
TSE:2938's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.72% of 2043
companies
in the Consumer Packaged Goods industry
Industry Median: 5.95
vs TSE:2938: 5.03
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) %. Okamura Foods Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was %. 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.
Okamura Foods Co (TSE:2938) 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.
Okamura Foods Co Earnings Yield (Joel Greenblatt) % Related Terms
Okamura Foods Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Okamura Foods 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.
Okamura Foods Co Earnings Yield (Joel Greenblatt) % Chart
For the Farm Products subindustry, Okamura Foods 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.
Okamura Foods Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Okamura Foods Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Okamura Foods Co's Earnings Yield (Joel Greenblatt) % falls into.
Okamura Foods 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.
Okamura Foods Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 is calculated as
Okamura Foods Co'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 円4,575 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.99% mean?
Okamura Foods Co (TSE:2938) has a Earnings Yield (Joel Greenblatt) % of 4.99% 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 Okamura Foods Co and its competitors. This is 10% above median its historical median of 4.54. Over the past decade, Okamura Foods Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.58 to 7.63. According to the industry distribution chart, Okamura Foods Co ranks #1118 out of 2043 companies in the Consumer Packaged Goods industry, placing it in the top 54.7%.
Is Okamura Foods Co's Earnings Yield (Joel Greenblatt) % too high?
Okamura Foods Co's current Earnings Yield (Joel Greenblatt) % of 4.99% is 10% above median its 10-year median of 4.54. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 7.63. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 5.95. Okamura Foods Co's value of 4.99% is 16.1% below this industry median. Based on the distribution chart, Okamura Foods Co ranks #1118 out of 2043 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Okamura Foods Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okamura Foods Co's Earnings Yield (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Okamura Foods Co ranks #1118 out of 2043 companies for Earnings Yield (Joel Greenblatt) %. This places Okamura Foods Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.95. Okamura Foods Co's value of 4.99% is 16.1% below this benchmark. Historically, Okamura Foods Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.58 to 7.63 over the past decade. While the company's 10-year median is 4.54 vs. the industry median of 5.95, Okamura Foods Co has consistently been below 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 Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 5.95, based on 2,043 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. Okamura Foods Co's current Earnings Yield (Joel Greenblatt) % of 4.99% is 16.1% below 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 Okamura Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okamura Foods Co's current Earnings Yield (Joel Greenblatt) % is 4.99%, which is 10% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okamura Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Okamura Foods Co (TSE:2938) is currently considered Modestly Overvalued. The stock's GF Value™ is 円998.35, compared to a current price of 円1,302.00 — trading 30.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.99%, which is 10% above median its 10-year median of 4.54 and 16.1% below the Consumer Packaged Goods industry median of 5.95. Okamura Foods Co's overall GF Score™ is 76/100 with 6 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 Okamura Foods Co (TSE:2938), the current Earnings Yield (Joel Greenblatt) % is 4.99% 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 Okamura Foods Co (TSE:2938) Overvalued in 2026?
Based on GuruFocus' analysis, Okamura Foods Co stock appears to be overvalued.
The current stock price of 円1,302.00 is trading 30.4% above its estimated GF Value™ of 円998.35.
GuruFocus considers Okamura Foods Co to be Modestly Overvalued.
Key valuation signals for TSE:2938:
Earnings Yield (Joel Greenblatt) %: 4.99% (10% above median its 10-year median of 4.54)
GF Value™: 円998.35 vs. price of 円1,302.00 (30.4% above fair value)
Industry Position: 16.1% below the Consumer Packaged Goods median (#1118 of 2043)
No single metric tells the full story. See the TSE:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2938 has been successfully added to your 
