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Daito ChemixTSE:4366 +1.10%60 Earnings Yield (Joel Greenblatt) % is 7.97% as of Mar. 2026, which is 34% below its 10-year median of 12.01. GuruFocus rates TSE:4366 with a GF Score™ of 60/100 and a GF Value™ of 円259.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,627 Chemicals companies, Daito Chemix ranks better than 68.29% on this metric.
Daito Chemix's Enterprise Value for the quarter that ended in Mar. 2026 was 円13,658 Mil.
Daito Chemix's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,088 Mil. Daito Chemix's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.97%.
The historical rank and industry rank for Daito Chemix's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:4366'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.52 Med: 12.01 Max: 35.14
Current: 6.67
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Daito Chemix was 35.14%. The lowest was -21.52%. And the median was 12.01%.
TSE:4366's Earnings Yield (Joel Greenblatt) % is ranked better than 68.29% of 1627
companies
in the Chemicals industry
Industry Median: 3.74
vs TSE:4366: 6.67
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) %. Daito Chemix's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 4.17%. 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.
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.
Daito Chemix Earnings Yield (Joel Greenblatt) % Related Terms
Daito Chemix Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Daito Chemix'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.
TSE:4366 vs DOW: Earnings Yield (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Daito Chemix'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.
Daito Chemix Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daito Chemix's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Daito Chemix's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Daito Chemixs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 7.97% mean?
Daito Chemix (TSE:4366) has a Earnings Yield (Joel Greenblatt) % of 7.97% 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 Daito Chemix and its competitors. This is 34% below median its historical median of 12.01. According to the industry distribution chart, Daito Chemix ranks #516 out of 1627 companies in the Chemicals industry, placing it in the top 31.7%.
Is Daito Chemix's Earnings Yield (Joel Greenblatt) % too high?
Daito Chemix's current Earnings Yield (Joel Greenblatt) % of 7.97% is 34% below median its 10-year median of 12.01. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 3.74. Daito Chemix's value of 7.97% is 113.1% above this industry median. Based on the distribution chart, Daito Chemix ranks #516 out of 1627 companies in the Chemicals industry, which is above the industry midpoint. Overall, Daito Chemix has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daito Chemix's Earnings Yield (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Daito Chemix ranks #516 out of 1627 companies for Earnings Yield (Joel Greenblatt) %. This puts Daito Chemix in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.74. Daito Chemix's value of 7.97% is 113.1% above this benchmark. While the company's 10-year median is 12.01 vs. the industry median of 3.74, Daito Chemix 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 3.74, based on 1,627 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. Daito Chemix's current Earnings Yield (Joel Greenblatt) % of 7.97% is 113.1% 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 Daito Chemix and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daito Chemix's current Earnings Yield (Joel Greenblatt) % is 7.97%, which is 34% below median its own 10-year median of 12.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daito Chemix stock overvalued right now?
Based on GuruFocus' analysis, Daito Chemix (TSE:4366) is currently considered Significantly Overvalued. The stock's GF Value™ is 円259.74, compared to a current price of 円460.00 — trading 77.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.97%, which is 34% below median its 10-year median of 12.01 and 113.1% above the Chemicals industry median of 3.74. Daito Chemix's overall GF Score™ is 60/100 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 Daito Chemix (TSE:4366), the current Earnings Yield (Joel Greenblatt) % is 7.97% 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 Daito Chemix (TSE:4366) Overvalued in 2026?
Based on GuruFocus' analysis, Daito Chemix stock appears to be overvalued.
The current stock price of 円460.00 is trading 77.1% above its estimated GF Value™ of 円259.74.
GuruFocus considers Daito Chemix to be Significantly Overvalued.
Key valuation signals for TSE:4366:
Earnings Yield (Joel Greenblatt) %: 7.97% (34% below median its 10-year median of 12.01)
GF Value™: 円259.74 vs. price of 円460.00 (77.1% above fair value)
Industry Position: 113.1% above the Chemicals median (#516 of 1627)
No single metric tells the full story. See the TSE:4366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daito Chemix Corporation is engaged in the manufacture and sale of photosensitive materials, printing materials, photography materials, recording materials, and pharmaceutical intermediates, as well as other chemical products in Japan.
60GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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