Nippon Soda Co (TSE:4041) Earnings Yield (Joel Greenblatt) %: 11.74% (As of Mar. 2026) — 13% Above Median

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TSE:4041 Nippon Soda Co Ltd TSE:4041
75 GF Score
Price 円3,905.00
GF Value 円2,836.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nippon Soda Co Earnings Yield (Joel Greenblatt) %?

Nippon Soda Co TSE:4041 +0.77% 75 Earnings Yield (Joel Greenblatt) % is 11.74% as of Mar. 2026, which is 13% above its 10-year median of 10.40. GuruFocus rates TSE:4041 with a GF Score™ of 75/100 and a GF Value™ of 円2,836.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,635 Chemicals companies, Nippon Soda Co ranks better than 79.27% on this metric.

Nippon Soda Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円216,292 Mil. Nippon Soda Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円25,662 Mil. Nippon Soda Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.74%.

The historical rank and industry rank for Nippon Soda Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TSE:4041' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.04   Med: 10.4   Max: 22.34
Current: 10.57

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nippon Soda Co was 22.34%. The lowest was 5.04%. And the median was 10.40%.

TSE:4041's Earnings Yield (Joel Greenblatt) % is ranked better than
79.27% of 1635 companies
in the Chemicals industry
Industry Median: 4.2 vs TSE:4041: 10.57

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) %. Nippon Soda Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.36%. 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.


Nippon Soda Co  (TSE:4041) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Nippon Soda Co Earnings Yield (Joel Greenblatt) % Related Terms


Nippon Soda Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nippon Soda 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.

Nippon Soda Co Earnings Yield (Joel Greenblatt) % Chart

Nippon Soda Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 17.01 11.06 10.94 11.74

Nippon Soda Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.58 9.78 9.14 11.74 0.00

TSE:4041 vs DOW: Earnings Yield (Joel Greenblatt) % Comparison

For the Chemicals subindustry, Nippon Soda 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.


Nippon Soda Co Earnings Yield (Joel Greenblatt) % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Soda Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nippon Soda Co's Earnings Yield (Joel Greenblatt) % falls into.


TSE:4041
75GF Score
Nippon Soda Co Ltd TSE:4041
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Soda 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.

Nippon Soda Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=25399/216292.495
=11.74 %

Nippon Soda 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25,662 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 11.74% mean?
Nippon Soda Co (TSE:4041) has a Earnings Yield (Joel Greenblatt) % of 11.74% 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 Nippon Soda Co and its competitors. This is 13% above median its historical median of 10.40. Over the past decade, Nippon Soda Co's Earnings Yield (Joel Greenblatt) % has ranged from 5.04 to 22.34. According to the industry distribution chart, Nippon Soda Co ranks #339 out of 1635 companies in the Chemicals industry, placing it in the top 20.7%.
Is Nippon Soda Co's Earnings Yield (Joel Greenblatt) % too high?
Nippon Soda Co's current Earnings Yield (Joel Greenblatt) % of 11.74% is 13% above median its 10-year median of 10.40. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 22.34. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.20. Nippon Soda Co's value of 11.74% is 179.5% above this industry median. Based on the distribution chart, Nippon Soda Co ranks #339 out of 1635 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Soda Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Soda Co's Earnings Yield (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Nippon Soda Co ranks #339 out of 1635 companies for Earnings Yield (Joel Greenblatt) %. This places Nippon Soda Co in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.20. Nippon Soda Co's value of 11.74% is 179.5% above this benchmark. Historically, Nippon Soda Co's own Earnings Yield (Joel Greenblatt) % has ranged from 5.04 to 22.34 over the past decade. While the company's 10-year median is 10.40 vs. the industry median of 4.20, Nippon Soda 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 4.20, based on 1,635 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. Nippon Soda Co's current Earnings Yield (Joel Greenblatt) % of 11.74% is 179.5% 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 Nippon Soda Co and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Soda Co's current Earnings Yield (Joel Greenblatt) % is 11.74%, which is 13% above median its own 10-year median of 10.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Soda Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Soda Co (TSE:4041) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,836.53, compared to a current price of 円3,905.00 — trading 37.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.74%, which is 13% above median its 10-year median of 10.40 and 179.5% above the Chemicals industry median of 4.20. Nippon Soda Co's overall GF Score™ is 75/100 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 Nippon Soda Co (TSE:4041), the current Earnings Yield (Joel Greenblatt) % is 11.74% 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 Nippon Soda Co (TSE:4041) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Soda Co stock appears to be overvalued. The current stock price of 円3,905.00 is trading 37.7% above its estimated GF Value™ of 円2,836.53. GuruFocus considers Nippon Soda Co to be Significantly Overvalued.

Key valuation signals for TSE:4041:

  • Earnings Yield (Joel Greenblatt) %: 11.74% (13% above median its 10-year median of 10.40)
  • GF Value™: 円2,836.53 vs. price of 円3,905.00 (37.7% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 179.5% above the Chemicals median (#339 of 1635)

No single metric tells the full story. See the TSE:4041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Soda Co Business Description

Address 2-2-1, Ohtemachi, Chiyoda-ku, Tokyo, JPN, 100-8165
Nippon Soda Co Ltd manufactures and sells chemical products and operates in three major and three minor segments. The chemicals segment sells caustic soda, sodium derivatives, and specialty chemicals, which are used to make household cleaning products and pharmaceuticals. The agrochemicals segment sells pesticides, fungicides, and herbicides to the agricultural industry. The trading segment offers chemicals, synthetic resins, and industrial machineries and devices. The company generates additional revenue from its minor segments: transportation, warehousing, and construction services. These segments are engaged in the transportation and warehousing of chemical products, as well as in plant construction and civil engineering services.
75GF Score

Get the complete analysis for TSE:4041

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,905.00
Price
円2,836.53
GF Value