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Needs WellTSE:3992 +0.43%91 Earnings Yield (Joel Greenblatt) % is 9.24% as of Jun. 2026, which is 11% below its 10-year median of 10.41. GuruFocus rates TSE:3992 with a GF Score™ of 91/100 and a GF Value™ of 円519.81 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,908 Software companies, Needs Well ranks better than 74.48% on this metric.
Needs Well's Enterprise Value for the quarter that ended in Jun. 2026 was 円13,437 Mil.
Needs Well's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円1,242 Mil. Needs Well's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.24%.
The historical rank and industry rank for Needs Well's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:3992'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.79 Med: 10.41 Max: 22.73
Current: 8.31
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Needs Well was 22.73%. The lowest was 0.79%. And the median was 10.41%.
TSE:3992's Earnings Yield (Joel Greenblatt) % is ranked better than 74.48% of 2908
companies
in the Software industry
Industry Median: 1.955
vs TSE:3992: 8.31
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) %. Needs Well's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Needs Well (TSE:3992) 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.
Needs Well Earnings Yield (Joel Greenblatt) % Related Terms
Needs Well Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Needs Well'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.
Needs Well Earnings Yield (Joel Greenblatt) % Chart
For the Software - Infrastructure subindustry, Needs Well'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.
Needs Well Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Needs Well's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Needs Well's Earnings Yield (Joel Greenblatt) % falls into.
Needs Well 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.
Needs Wells Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Needs Well'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1,242 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.24% mean?
Needs Well (TSE:3992) has a Earnings Yield (Joel Greenblatt) % of 9.24% 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 Needs Well and its competitors. This is 11% below median its historical median of 10.41. Over the past decade, Needs Well's Earnings Yield (Joel Greenblatt) % has ranged from 0.79 to 22.73. According to the industry distribution chart, Needs Well ranks #742 out of 2908 companies in the Software industry, placing it in the top 25.5%.
Is Needs Well's Earnings Yield (Joel Greenblatt) % too high?
Needs Well's current Earnings Yield (Joel Greenblatt) % of 9.24% is 11% below median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 22.73. The Software industry median Earnings Yield (Joel Greenblatt) % is 1.96. Needs Well's value of 9.24% is 372.6% above this industry median. Based on the distribution chart, Needs Well ranks #742 out of 2908 companies in the Software industry, which is above the industry midpoint. Overall, Needs Well has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Needs Well's Earnings Yield (Joel Greenblatt) % compare to MSFT and PLTR?
According to the Software industry distribution chart, Needs Well ranks #742 out of 2908 companies for Earnings Yield (Joel Greenblatt) %. This puts Needs Well in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.96. Needs Well's value of 9.24% is 372.6% above this benchmark. Historically, Needs Well's own Earnings Yield (Joel Greenblatt) % has ranged from 0.79 to 22.73 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 1.96, Needs Well 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 1.96, based on 2,908 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. Needs Well's current Earnings Yield (Joel Greenblatt) % of 9.24% is 372.6% 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 Needs Well and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Needs Well's current Earnings Yield (Joel Greenblatt) % is 9.24%, which is 11% below median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Needs Well stock overvalued right now?
Based on GuruFocus' analysis, Needs Well (TSE:3992) is currently considered Fairly Valued. The stock's GF Value™ is 円519.81, compared to a current price of 円472.00 — trading 9.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.24%, which is 11% below median its 10-year median of 10.41 and 372.6% above the Software industry median of 1.96. Needs Well's overall GF Score™ is 91/100 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 Needs Well (TSE:3992), the current Earnings Yield (Joel Greenblatt) % is 9.24% 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 Needs Well (TSE:3992) Overvalued in 2026?
Based on GuruFocus' analysis, Needs Well stock appears to be undervalued.
The current stock price of 円472.00 is trading 9.2% below its estimated GF Value™ of 円519.81.
GuruFocus considers Needs Well to be Fairly Valued.
Key valuation signals for TSE:3992:
Earnings Yield (Joel Greenblatt) %: 9.24% (11% below median its 10-year median of 10.41)
GF Value™: 円519.81 vs. price of 円472.00 (9.2% below fair value)
Industry Position: 372.6% above the Software median (#742 of 2908)
No single metric tells the full story. See the TSE:3992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.
91GF Score
Get the complete analysis for TSE:3992
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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