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ASAX CoTSE:8772 +0.57%75 Earnings Yield (Joel Greenblatt) % is 6.56% as of Mar. 2026, which is 7% below its 10-year median of 7.08. GuruFocus rates TSE:8772 with a GF Score™ of 75/100 and a GF Value™ of 円991.98 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,301 Banks companies, ASAX Co ranks better than 99% on this metric.
ASAX Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円93,474 Mil.
ASAX Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円6,717 Mil. ASAX Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.56%.
The historical rank and industry rank for ASAX Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:8772'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.55 Med: 7.08 Max: 9.04
Current: 6.92
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ASAX Co was 9.04%. The lowest was 3.55%. And the median was 7.08%.
TSE:8772's Earnings Yield (Joel Greenblatt) % is ranked better than 99% of 1301
companies
in the Banks industry
Industry Median: 0
vs TSE:8772: 6.92
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) %. ASAX Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -6.68%. 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.
ASAX Co (TSE:8772) 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.
ASAX Co Earnings Yield (Joel Greenblatt) % Related Terms
ASAX Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ASAX 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.
For the Mortgage Finance subindustry, ASAX 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.
ASAX Co Earnings Yield (Joel Greenblatt) % vs Banks Industry
For the Banks industry and Financial Services sector, ASAX Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ASAX Co's Earnings Yield (Joel Greenblatt) % falls into.
ASAX 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.
ASAX Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
ASAX 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6,717 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.56% mean?
ASAX Co (TSE:8772) has a Earnings Yield (Joel Greenblatt) % of 6.56% 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 ASAX Co and its competitors. This is near median its historical median of 7.08. Over the past decade, ASAX Co's Earnings Yield (Joel Greenblatt) % has ranged from 3.55 to 9.04. According to the industry distribution chart, ASAX Co ranks #13 out of 1301 companies in the Banks industry, placing it in the top 1%.
Is ASAX Co's Earnings Yield (Joel Greenblatt) % too high?
ASAX Co's current Earnings Yield (Joel Greenblatt) % of 6.56% is near median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 3.55 to a high of 9.04. Based on the distribution chart, ASAX Co ranks #13 out of 1301 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, ASAX Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASAX Co's Earnings Yield (Joel Greenblatt) % compare to RKT and FNMA?
According to the Banks industry distribution chart, ASAX Co ranks #13 out of 1301 companies for Earnings Yield (Joel Greenblatt) %. This places ASAX Co in the top 1% of its industry — outperforming the majority of peers. Historically, ASAX Co's own Earnings Yield (Joel Greenblatt) % has ranged from 3.55 to 9.04 over the past decade. 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 Banks company?
A good Earnings Yield (Joel Greenblatt) % depends on the Banks 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 ASAX Co and its competitors. ASAX Co's current Earnings Yield (Joel Greenblatt) % is 6.56%, which is near median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASAX Co stock overvalued right now?
Based on GuruFocus' analysis, ASAX Co (TSE:8772) is currently considered Modestly Undervalued. The stock's GF Value™ is 円991.98, compared to a current price of 円879.00 — trading 11.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.56%, which is near median its 10-year median of 7.08. ASAX Co's overall GF Score™ is 75/100 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 ASAX Co (TSE:8772), the current Earnings Yield (Joel Greenblatt) % is 6.56% 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 ASAX Co (TSE:8772) Overvalued in 2026?
Based on GuruFocus' analysis, ASAX Co stock appears to be undervalued.
The current stock price of 円879.00 is trading 11.4% below its estimated GF Value™ of 円991.98.
GuruFocus considers ASAX Co to be Modestly Undervalued.
Key valuation signals for TSE:8772:
Earnings Yield (Joel Greenblatt) %: 6.56% (near median its 10-year median of 7.08)
GF Value™: 円991.98 vs. price of 円879.00 (11.4% below fair value)
No single metric tells the full story. See the TSE:8772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASAX Co Ltd is a real estate secured loan provider. The company provides Real estate secured loans for businesses, Real estate secured loans for individuals, Property sale bridge loan, Real estate purchase/construction loan, and Real Estate agent loans.
75GF 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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