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Rasa IndustriesTSE:4022 -1.59%72 Earnings Yield (Joel Greenblatt) % is 9.43% as of Mar. 2026, which is 26% below its 10-year median of 12.80. GuruFocus rates TSE:4022 with a GF Score™ of 72/100 and a GF Value™ of 円609.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,638 Chemicals companies, Rasa Industries ranks better than 73.32% on this metric.
Rasa Industries's Enterprise Value for the quarter that ended in Mar. 2026 was 円66,939 Mil.
Rasa Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,722 Mil. Rasa Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.43%.
The historical rank and industry rank for Rasa Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:4022'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.58 Med: 12.8 Max: 21.56
Current: 8.64
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Rasa Industries was 21.56%. The lowest was 3.58%. And the median was 12.80%.
TSE:4022's Earnings Yield (Joel Greenblatt) % is ranked better than 73.32% of 1638
companies
in the Chemicals industry
Industry Median: 4.29
vs TSE:4022: 8.64
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) %. Rasa Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 13.92%. 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.
Rasa Industries (TSE:4022) 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.
Rasa Industries Earnings Yield (Joel Greenblatt) % Related Terms
Rasa Industries Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Rasa Industries'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.
Rasa Industries Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Chemicals subindustry, Rasa Industries'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.
Rasa Industries Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rasa Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Rasa Industries's Earnings Yield (Joel Greenblatt) % falls into.
Rasa Industries 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.
Rasa Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Rasa Industries'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6,722 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.43% mean?
Rasa Industries (TSE:4022) has a Earnings Yield (Joel Greenblatt) % of 9.43% 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 Rasa Industries and its competitors. This is 26% below median its historical median of 12.80. Over the past decade, Rasa Industries' Earnings Yield (Joel Greenblatt) % has ranged from 3.58 to 21.56. According to the industry distribution chart, Rasa Industries ranks #437 out of 1638 companies in the Chemicals industry, placing it in the top 26.7%.
Is Rasa Industries' Earnings Yield (Joel Greenblatt) % too high?
Rasa Industries' current Earnings Yield (Joel Greenblatt) % of 9.43% is 26% below median its 10-year median of 12.80. Over the past 10 years, this metric has ranged from a low of 3.58 to a high of 21.56. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.29. Rasa Industries' value of 9.43% is 119.8% above this industry median. Based on the distribution chart, Rasa Industries ranks #437 out of 1638 companies in the Chemicals industry, which is above the industry midpoint. Overall, Rasa Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #437 out of 1638 companies for Earnings Yield (Joel Greenblatt) %. This puts Rasa Industries in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.29. Rasa Industries' value of 9.43% is 119.8% above this benchmark. Historically, Rasa Industries' own Earnings Yield (Joel Greenblatt) % has ranged from 3.58 to 21.56 over the past decade. While the company's 10-year median is 12.80 vs. the industry median of 4.29, Rasa Industries 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 4.29, based on 1,638 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. Rasa Industries's current Earnings Yield (Joel Greenblatt) % of 9.43% is 119.8% 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 Rasa Industries and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa Industries's current Earnings Yield (Joel Greenblatt) % is 9.43%, which is 26% below median its own 10-year median of 12.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円609.53, compared to a current price of 円1,915.00 — trading 214.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.43%, which is 26% below median its 10-year median of 12.80 and 119.8% above the Chemicals industry median of 4.29. Rasa Industries' overall GF Score™ is 72/100 with 1 warning sign 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 Rasa Industries (TSE:4022), the current Earnings Yield (Joel Greenblatt) % is 9.43% 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 Rasa Industries (TSE:4022) Overvalued in 2026?
Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued.
The current stock price of 円1,915.00 is trading 214.2% above its estimated GF Value™ of 円609.53.
GuruFocus considers Rasa Industries to be Significantly Overvalued.
Key valuation signals for TSE:4022:
Earnings Yield (Joel Greenblatt) %: 9.43% (26% below median its 10-year median of 12.80)
GF Value™: 円609.53 vs. price of 円1,915.00 (214.2% above fair value)
Industry Position: 119.8% above the Chemicals median (#437 of 1638)
No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
72GF Score
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