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Zero CoTSE:9028 -1.00%87 Earnings Yield (Joel Greenblatt) % is 18.80% as of Jun. 2026, which is 11% below its 10-year median of 21.02. GuruFocus rates TSE:9028 with a GF Score™ of 87/100 and a GF Value™ of 円2,810.38 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,340 Vehicles & Parts companies, Zero Co ranks better than 89.03% on this metric.
Zero Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円55,296 Mil.
Zero Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円10,397 Mil. Zero Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 18.80%.
The historical rank and industry rank for Zero Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:9028'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.74 Med: 21.02 Max: 48.33
Current: 19.83
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Zero Co was 48.33%. The lowest was 9.74%. And the median was 21.02%.
TSE:9028's Earnings Yield (Joel Greenblatt) % is ranked better than 89.03% of 1340
companies
in the Vehicles & Parts industry
Industry Median: 6.03
vs TSE:9028: 19.83
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) %. Zero Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 4.88%. 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.
Zero Co (TSE:9028) 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.
Zero Co Earnings Yield (Joel Greenblatt) % Related Terms
Zero Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Zero 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 Auto & Truck Dealerships subindustry, Zero 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.
Zero Co Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Zero Co's Earnings Yield (Joel Greenblatt) % falls into.
Zero 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.
Zero Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 is calculated as
Zero Co'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10,397 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 18.80% mean?
Zero Co (TSE:9028) has a Earnings Yield (Joel Greenblatt) % of 18.80% 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 Zero Co and its competitors. This is 11% below median its historical median of 21.02. Over the past decade, Zero Co's Earnings Yield (Joel Greenblatt) % has ranged from 9.74 to 48.33. According to the industry distribution chart, Zero Co ranks #147 out of 1340 companies in the Vehicles & Parts industry, placing it in the top 11%.
Is Zero Co's Earnings Yield (Joel Greenblatt) % too high?
Zero Co's current Earnings Yield (Joel Greenblatt) % of 18.80% is 11% below median its 10-year median of 21.02. Over the past 10 years, this metric has ranged from a low of 9.74 to a high of 48.33. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 6.03. Zero Co's value of 18.80% is 211.8% above this industry median. Based on the distribution chart, Zero Co ranks #147 out of 1340 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zero Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Earnings Yield (Joel Greenblatt) % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zero Co ranks #147 out of 1340 companies for Earnings Yield (Joel Greenblatt) %. This places Zero Co in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.03. Zero Co's value of 18.80% is 211.8% above this benchmark. Historically, Zero Co's own Earnings Yield (Joel Greenblatt) % has ranged from 9.74 to 48.33 over the past decade. While the company's 10-year median is 21.02 vs. the industry median of 6.03, Zero 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 6.03, based on 1,340 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. Zero Co's current Earnings Yield (Joel Greenblatt) % of 18.80% is 211.8% 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co's current Earnings Yield (Joel Greenblatt) % is 18.80%, which is 11% below median its own 10-year median of 21.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,810.38, compared to a current price of 円3,460.00 — trading 23.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.80%, which is 11% below median its 10-year median of 21.02 and 211.8% above the Vehicles & Parts industry median of 6.03. Zero Co's overall GF Score™ is 87/100 with 2 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 Zero Co (TSE:9028), the current Earnings Yield (Joel Greenblatt) % is 18.80% 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 Zero Co (TSE:9028) Overvalued in 2026?
Based on GuruFocus' analysis, Zero Co stock appears to be overvalued.
The current stock price of 円3,460.00 is trading 23.1% above its estimated GF Value™ of 円2,810.38.
GuruFocus considers Zero Co to be Modestly Overvalued.
Key valuation signals for TSE:9028:
Earnings Yield (Joel Greenblatt) %: 18.80% (11% below median its 10-year median of 21.02)
GF Value™: 円2,810.38 vs. price of 円3,460.00 (23.1% above fair value)
Industry Position: 211.8% above the Vehicles & Parts median (#147 of 1340)
No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
87GF 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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