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NiceTSE:8089 +0.45%51 Earnings Yield (Joel Greenblatt) % is 10.74% as of Mar. 2026, which is 49% above its 10-year median of 7.21. GuruFocus rates TSE:8089 with a GF Score™ of 51/100 and a GF Value™ of 円1,903.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 164 Industrial Distribution companies, Nice ranks better than 65.24% on this metric.
Nice's Enterprise Value for the quarter that ended in Mar. 2026 was 円50,075 Mil.
Nice's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円5,359 Mil. Nice's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.74%.
The historical rank and industry rank for Nice's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:8089'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.86 Med: 7.21 Max: 25.09
Current: 9.48
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Nice was 25.09%. The lowest was -2.86%. And the median was 7.21%.
TSE:8089's Earnings Yield (Joel Greenblatt) % is ranked better than 65.24% of 164
companies
in the Industrial Distribution industry
Industry Median: 6.875
vs TSE:8089: 9.48
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) %. Nice's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 12.46%. 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.
Nice Earnings Yield (Joel Greenblatt) % Related Terms
Nice Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Nice'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.
For the Industrial Distribution subindustry, Nice'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.
Nice Earnings Yield (Joel Greenblatt) % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Nice's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Nice'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.
Nices Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Nice'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5,359 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.74% mean?
Nice (TSE:8089) has a Earnings Yield (Joel Greenblatt) % of 10.74% 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 Nice and its competitors. This is 49% above median its historical median of 7.21. According to the industry distribution chart, Nice ranks #57 out of 164 companies in the Industrial Distribution industry, placing it in the top 34.8%.
Is Nice's Earnings Yield (Joel Greenblatt) % too high?
Nice's current Earnings Yield (Joel Greenblatt) % of 10.74% is 49% above median its 10-year median of 7.21. The Industrial Distribution industry median Earnings Yield (Joel Greenblatt) % is 6.88. Nice's value of 10.74% is 56.2% above this industry median. Based on the distribution chart, Nice ranks #57 out of 164 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Nice has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nice's Earnings Yield (Joel Greenblatt) % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Nice ranks #57 out of 164 companies for Earnings Yield (Joel Greenblatt) %. This puts Nice in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.88. Nice's value of 10.74% is 56.2% above this benchmark. While the company's 10-year median is 7.21 vs. the industry median of 6.88, Nice 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 an Industrial Distribution company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Distribution companies is 6.88, based on 164 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. Nice's current Earnings Yield (Joel Greenblatt) % of 10.74% is 56.2% 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 Nice and its competitors. For the Industrial Distribution industry, the median Earnings Yield (Joel Greenblatt) % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nice's current Earnings Yield (Joel Greenblatt) % is 10.74%, which is 49% above median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nice stock overvalued right now?
Based on GuruFocus' analysis, Nice (TSE:8089) is currently considered Fairly Valued. The stock's GF Value™ is 円1,903.89, compared to a current price of 円2,002.00 — trading 5.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.74%, which is 49% above median its 10-year median of 7.21 and 56.2% above the Industrial Distribution industry median of 6.88. Nice's overall GF Score™ is 51/100 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 Nice (TSE:8089), the current Earnings Yield (Joel Greenblatt) % is 10.74% 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 Nice (TSE:8089) Overvalued in 2026?
Based on GuruFocus' analysis, Nice stock appears to be overvalued.
The current stock price of 円2,002.00 is trading 5.2% above its estimated GF Value™ of 円1,903.89.
GuruFocus considers Nice to be Fairly Valued.
Key valuation signals for TSE:8089:
Earnings Yield (Joel Greenblatt) %: 10.74% (49% above median its 10-year median of 7.21)
GF Value™: 円1,903.89 vs. price of 円2,002.00 (5.2% above fair value)
Industry Position: 56.2% above the Industrial Distribution median (#57 of 164)
No single metric tells the full story. See the TSE:8089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nice Corp is engaged in the business related to housing. Principally, it is involved in the supply and sale of timber and construction materials and promotion of wooden buildings. The company offers timber products, structural frames, construction materials, housing equipment, and imported home products for material and furniture companies. Additionally, it is also into real estate agency business.
51GF Score
Get the complete analysis for TSE:8089
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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