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.
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.
Shigematsu Works CoTSE:7980 +3.24%79 Earnings Yield (Joel Greenblatt) % is 8.49% as of Mar. 2026, which is 15% above its 10-year median of 7.41. GuruFocus rates TSE:7980 with a GF Score™ of 79/100 and a GF Value™ of 円971.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 847 Medical Devices & Instruments companies, Shigematsu Works Co ranks better than 87.72% on this metric.
Shigematsu Works Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円11,701 Mil.
Shigematsu Works Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,140 Mil. Shigematsu Works Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.49%.
The historical rank and industry rank for Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:7980'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.17 Med: 7.41 Max: 14.45
Current: 9.99
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Shigematsu Works Co was 14.45%. The lowest was 0.17%. And the median was 7.41%.
TSE:7980's Earnings Yield (Joel Greenblatt) % is ranked better than 87.72% of 847
companies
in the Medical Devices & Instruments industry
Industry Median: 0.97
vs TSE:7980: 9.99
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) %. Shigematsu Works Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -2.57%. 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.
Shigematsu Works Co (TSE:7980) 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.
Shigematsu Works Co Earnings Yield (Joel Greenblatt) % Related Terms
Shigematsu Works Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Shigematsu Works 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.
Shigematsu Works Co Earnings Yield (Joel Greenblatt) % Chart
For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.
Shigematsu Works Co Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % falls into.
Shigematsu Works 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.
Shigematsu Works Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Shigematsu Works 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1,140 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.49% mean?
Shigematsu Works Co (TSE:7980) has a Earnings Yield (Joel Greenblatt) % of 8.49% 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 Shigematsu Works Co and its competitors. This is 15% above median its historical median of 7.41. Over the past decade, Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % has ranged from 0.17 to 14.45. According to the industry distribution chart, Shigematsu Works Co ranks #104 out of 847 companies in the Medical Devices & Instruments industry, placing it in the top 12.3%.
Is Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % too high?
Shigematsu Works Co's current Earnings Yield (Joel Greenblatt) % of 8.49% is 15% above median its 10-year median of 7.41. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 14.45. The Medical Devices & Instruments industry median Earnings Yield (Joel Greenblatt) % is 0.97. Shigematsu Works Co's value of 8.49% is 775.3% above this industry median. Based on the distribution chart, Shigematsu Works Co ranks #104 out of 847 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Shigematsu Works Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's Earnings Yield (Joel Greenblatt) % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shigematsu Works Co ranks #104 out of 847 companies for Earnings Yield (Joel Greenblatt) %. This places Shigematsu Works Co in the top 12% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 0.97. Shigematsu Works Co's value of 8.49% is 775.3% above this benchmark. Historically, Shigematsu Works Co's own Earnings Yield (Joel Greenblatt) % has ranged from 0.17 to 14.45 over the past decade. While the company's 10-year median is 7.41 vs. the industry median of 0.97, Shigematsu Works 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 Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 0.97, based on 847 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. Shigematsu Works Co's current Earnings Yield (Joel Greenblatt) % of 8.49% is 775.3% 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 Shigematsu Works Co and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigematsu Works Co's current Earnings Yield (Joel Greenblatt) % is 8.49%, which is 15% above median its own 10-year median of 7.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円971.12, compared to a current price of 円861.00 — trading 11.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.49%, which is 15% above median its 10-year median of 7.41 and 775.3% above the Medical Devices & Instruments industry median of 0.97. Shigematsu Works Co's overall GF Score™ is 79/100 with 3 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 Shigematsu Works Co (TSE:7980), the current Earnings Yield (Joel Greenblatt) % is 8.49% 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?
Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued.
The current stock price of 円861.00 is trading 11.3% below its estimated GF Value™ of 円971.12.
GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.
Key valuation signals for TSE:7980:
Earnings Yield (Joel Greenblatt) %: 8.49% (15% above median its 10-year median of 7.41)
GF Value™: 円971.12 vs. price of 円861.00 (11.3% below fair value)
Industry Position: 775.3% above the Medical Devices & Instruments median (#104 of 847)
No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
79GF Score
Get the complete analysis for TSE:7980
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:7980 has been successfully added to your 
