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.
Kasumigaseki Capital CoTSE:3498 +3.06%81 Earnings Yield (Joel Greenblatt) % is 8.85% as of May. 2026, which is 85% above its 10-year median of 4.78. GuruFocus rates TSE:3498 with a GF Score™ of 81/100 and a GF Value™ of 円13,337.00 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 563 Conglomerates companies, Kasumigaseki Capital Co ranks better than 55.95% on this metric.
Kasumigaseki Capital Co's Enterprise Value for the quarter that ended in May. 2026 was 円208,220 Mil.
Kasumigaseki Capital Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円18,417 Mil. Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was 8.85%.
The historical rank and industry rank for Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:3498'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.12 Med: 4.78 Max: 14.07
Current: 7.64
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Kasumigaseki Capital Co was 14.07%. The lowest was -2.12%. And the median was 4.78%.
TSE:3498's Earnings Yield (Joel Greenblatt) % is ranked better than 55.95% of 563
companies
in the Conglomerates industry
Industry Median: 6.64
vs TSE:3498: 7.64
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) %. Kasumigaseki Capital Co's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 2026 was 20.00%. 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.
Kasumigaseki Capital Co (TSE:3498) 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.
Kasumigaseki Capital Co Earnings Yield (Joel Greenblatt) % Related Terms
Kasumigaseki Capital Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Kasumigaseki Capital 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.
Kasumigaseki Capital Co Earnings Yield (Joel Greenblatt) % Chart
TSE:3498 vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Kasumigaseki Capital 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.
Kasumigaseki Capital Co Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) % falls into.
Kasumigaseki Capital 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.
Kasumigaseki Capital Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2025 is calculated as
Kasumigaseki Capital Co's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円18,417 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.85% mean?
Kasumigaseki Capital Co (TSE:3498) has a Earnings Yield (Joel Greenblatt) % of 8.85% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kasumigaseki Capital Co and its competitors. This is 85% above median its historical median of 4.78. According to the industry distribution chart, Kasumigaseki Capital Co ranks #248 out of 563 companies in the Conglomerates industry, placing it in the top 44%.
Is Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) % too high?
Kasumigaseki Capital Co's current Earnings Yield (Joel Greenblatt) % of 8.85% is 85% above median its 10-year median of 4.78. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.64. Kasumigaseki Capital Co's value of 8.85% is 33.3% above this industry median. Based on the distribution chart, Kasumigaseki Capital Co ranks #248 out of 563 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Kasumigaseki Capital Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kasumigaseki Capital Co's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kasumigaseki Capital Co ranks #248 out of 563 companies for Earnings Yield (Joel Greenblatt) %. This puts Kasumigaseki Capital Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.64. Kasumigaseki Capital Co's value of 8.85% is 33.3% above this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 6.64, Kasumigaseki Capital 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.64, based on 563 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. Kasumigaseki Capital Co's current Earnings Yield (Joel Greenblatt) % of 8.85% is 33.3% 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 Kasumigaseki Capital Co and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kasumigaseki Capital Co's current Earnings Yield (Joel Greenblatt) % is 8.85%, which is 85% above median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kasumigaseki Capital Co stock overvalued right now?
Based on GuruFocus' analysis, Kasumigaseki Capital Co (TSE:3498) is currently considered Significantly Undervalued. The stock's GF Value™ is 円13,337.00, compared to a current price of 円7,420.00 — trading 44.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.85%, which is 85% above median its 10-year median of 4.78 and 33.3% above the Conglomerates industry median of 6.64. Kasumigaseki Capital Co's overall GF Score™ is 81/100 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 Kasumigaseki Capital Co (TSE:3498), the current Earnings Yield (Joel Greenblatt) % is 8.85% as of May. 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 Kasumigaseki Capital Co (TSE:3498) Overvalued in 2026?
Based on GuruFocus' analysis, Kasumigaseki Capital Co stock appears to be undervalued.
The current stock price of 円7,420.00 is trading 44.4% below its estimated GF Value™ of 円13,337.00.
GuruFocus considers Kasumigaseki Capital Co to be Significantly Undervalued.
Key valuation signals for TSE:3498:
Earnings Yield (Joel Greenblatt) %: 8.85% (85% above median its 10-year median of 4.78)
GF Value™: 円13,337.00 vs. price of 円7,420.00 (44.4% below fair value)
Industry Position: 33.3% above the Conglomerates median (#248 of 563)
No single metric tells the full story. See the TSE:3498 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kasumigaseki Capital Co Ltd is engaged in the management and operation of power generation business by natural energy such as solar, wind power and biomass. Further, it is also involved in the real estate sale, leasing, brokerage and operation of shopping center.
81GF Score
Get the complete analysis for TSE:3498
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3498 has been successfully added to your 
