Rebase (TSE:5138) Earnings Yield (Joel Greenblatt) %: 1.18% (As of Jun. 2026) — 82% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5138 Rebase Inc TSE:5138
80 GF Score
Price 円452.00
GF Value 円1,485.69
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Rebase Earnings Yield (Joel Greenblatt) %?

Rebase TSE:5138 -0.66% 80 Earnings Yield (Joel Greenblatt) % is 1.18% as of Jun. 2026, which is 82% below its 10-year median of 6.45. GuruFocus rates TSE:5138 with a GF Score™ of 80/100 and a GF Value™ of 円1,485.69 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 546 Interactive Media companies, Rebase ranks worse than 52.2% on this metric.

Rebase's Enterprise Value for the quarter that ended in Jun. 2026 was 円1,097 Mil. Rebase's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円13 Mil. Rebase's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 1.18%.

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

TSE:5138' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.85   Med: 6.45   Max: 13.78
Current: 0.91

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Rebase was 13.78%. The lowest was 0.85%. And the median was 6.45%.

TSE:5138's Earnings Yield (Joel Greenblatt) % is ranked worse than
52.2% of 546 companies
in the Interactive Media industry
Industry Median: 2.22 vs TSE:5138: 0.91

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) %. Rebase's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was %. 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.


Rebase  (TSE:5138) 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.


Rebase Earnings Yield (Joel Greenblatt) % Related Terms


Rebase Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Rebase'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.

Rebase Earnings Yield (Joel Greenblatt) % Chart

Rebase Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial - 6.46 8.70 8.45 5.21

Rebase Quarterly Data
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 8.39 6.60 7.01 5.23 1.18

TSE:5138 vs GOOGL, META, SPOT: Earnings Yield (Joel Greenblatt) % Comparison

For the Internet Content & Information subindustry, Rebase'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.


Rebase Earnings Yield (Joel Greenblatt) % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rebase's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


TSE:5138
80GF Score
Rebase Inc TSE:5138
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rebase 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=100.044/1922.038207
=5.21 %

Rebase'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13 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 1.18% mean?
Rebase (TSE:5138) has a Earnings Yield (Joel Greenblatt) % of 1.18% 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 Rebase and its competitors. This is 82% below median its historical median of 6.45. Over the past decade, Rebase's Earnings Yield (Joel Greenblatt) % has ranged from 0.85 to 13.78. According to the industry distribution chart, Rebase ranks #285 out of 546 companies in the Interactive Media industry, placing it in the top 52.2%.
Is Rebase's Earnings Yield (Joel Greenblatt) % too high?
Rebase's current Earnings Yield (Joel Greenblatt) % of 1.18% is 82% below median its 10-year median of 6.45. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 13.78. The Interactive Media industry median Earnings Yield (Joel Greenblatt) % is 2.22. Rebase's value of 1.18% is 46.8% below this industry median. Based on the distribution chart, Rebase ranks #285 out of 546 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Rebase has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's Earnings Yield (Joel Greenblatt) % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Rebase ranks #285 out of 546 companies for Earnings Yield (Joel Greenblatt) %. This places Rebase in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.22. Rebase's value of 1.18% is 46.8% below this benchmark. Historically, Rebase's own Earnings Yield (Joel Greenblatt) % has ranged from 0.85 to 13.78 over the past decade. While the company's 10-year median is 6.45 vs. the industry median of 2.22, Rebase has consistently been below 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 an Interactive Media company?
The median Earnings Yield (Joel Greenblatt) % among Interactive Media companies is 2.22, based on 546 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. Rebase's current Earnings Yield (Joel Greenblatt) % of 1.18% is 46.8% below 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 Rebase and its competitors. For the Interactive Media industry, the median Earnings Yield (Joel Greenblatt) % is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rebase's current Earnings Yield (Joel Greenblatt) % is 1.18%, which is 82% below median its own 10-year median of 6.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,485.69, compared to a current price of 円452.00 — trading 69.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.18%, which is 82% below median its 10-year median of 6.45 and 46.8% below the Interactive Media industry median of 2.22. Rebase's overall GF Score™ is 80/100 with 5 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 Rebase (TSE:5138), the current Earnings Yield (Joel Greenblatt) % is 1.18% 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 Rebase (TSE:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Rebase stock appears to be undervalued. The current stock price of 円452.00 is trading 69.6% below its estimated GF Value™ of 円1,485.69. GuruFocus considers Rebase to be Possible Value Trap.

Key valuation signals for TSE:5138:

  • Earnings Yield (Joel Greenblatt) %: 1.18% (82% below median its 10-year median of 6.45)
  • GF Value™: 円1,485.69 vs. price of 円452.00 (69.6% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 46.8% below the Interactive Media median (#285 of 546)

No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rebase Business Description

Address 4-26-18 Jingumae, 5th Floor, Harajuku Piazza Building, Shibuya-ku, Tokyo, JPN, 150-0001
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
80GF Score

Get the complete analysis for TSE:5138

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

円452.00
Price
円1,485.69
GF Value