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D. Western Therapeutics Institute's Enterprise Value for the quarter that ended in Jun. 2026 was 円3,254.5 Mil.
D. Western Therapeutics Institute's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円-641.0 Mil. D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -14.64%.
The historical rank and industry rank for D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:4576'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -54.51 Med: -6.23 Max: 1.68
Current: -16
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of D. Western Therapeutics Institute was 1.68%. The lowest was -54.51%. And the median was -6.23%.
TSE:4576's Earnings Yield (Joel Greenblatt) % is ranked worse than 59.96% of 1341
companies
in the Biotechnology industry
Industry Median: -10
vs TSE:4576: -16.00
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) %. D. Western Therapeutics Institute's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.
D. Western Therapeutics Institute (TSE:4576) 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.
* 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.
D. Western Therapeutics Institute Earnings Yield (Joel Greenblatt) % Chart
For the Biotechnology subindustry, D. Western Therapeutics Institute'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.
D. Western Therapeutics Institute Earnings Yield (Joel Greenblatt) % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) % falls into.
D. Western Therapeutics Institute 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.
D. Western Therapeutics Institute'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-641.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -14.64% mean?
D. Western Therapeutics Institute (TSE:4576) has a Earnings Yield (Joel Greenblatt) % of -14.64% 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 D. Western Therapeutics Institute and its competitors. According to the industry distribution chart, D. Western Therapeutics Institute ranks #804 out of 1341 companies in the Biotechnology industry, placing it in the top 60%.
Is D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) % too high?
D. Western Therapeutics Institute's current Earnings Yield (Joel Greenblatt) % is -14.64%. Based on the distribution chart, D. Western Therapeutics Institute ranks #804 out of 1341 companies in the Biotechnology industry, which is below the industry midpoint. Overall, D. Western Therapeutics Institute has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D. Western Therapeutics Institute's Earnings Yield (Joel Greenblatt) % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, D. Western Therapeutics Institute ranks #804 out of 1341 companies for Earnings Yield (Joel Greenblatt) %. This places D. Western Therapeutics Institute in the lower half of its industry. 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 Biotechnology company?
A good Earnings Yield (Joel Greenblatt) % depends on the Biotechnology industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 D. Western Therapeutics Institute and its competitors. D. Western Therapeutics Institute's current Earnings Yield (Joel Greenblatt) % is -14.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D. Western Therapeutics Institute stock overvalued right now?
Based on GuruFocus' analysis, D. Western Therapeutics Institute (TSE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is 円44.37, compared to a current price of 円87.00 — trading 96.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -14.64%. D. Western Therapeutics Institute's overall GF Score™ is 39/100 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 D. Western Therapeutics Institute (TSE:4576), the current Earnings Yield (Joel Greenblatt) % is -14.64% 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 D. Western Therapeutics Institute (TSE:4576) Overvalued in 2026?
Based on GuruFocus' analysis, D. Western Therapeutics Institute stock appears to be overvalued.
The current stock price of 円87.00 is trading 96.1% above its estimated GF Value™ of 円44.37.
GuruFocus considers D. Western Therapeutics Institute to be Significantly Overvalued.
Key valuation signals for TSE:4576:
Earnings Yield (Joel Greenblatt) %: -14.64%
GF Value™: 円44.37 vs. price of 円87.00 (96.1% above fair value)
No single metric tells the full story. See the TSE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
D. Western Therapeutics Institute Inc is engaged in the research and development of pharmaceutical drugs in Japan. Its products include ophthalmic solution and agents for antiplatelet and anti-glaucoma.
39GF Score
Get the complete analysis for TSE:4576
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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