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Keihan Holdings CoTSE:9045 +0.06%79 Earnings Yield (Joel Greenblatt) % is 7.17% as of Mar. 2026, which is 52% above its 10-year median of 4.72. GuruFocus rates TSE:9045 with a GF Score™ of 79/100 and a GF Value™ of 円3,722.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 562 Conglomerates companies, Keihan Holdings Co ranks better than 52.14% on this metric.
Keihan Holdings Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円711,667 Mil.
Keihan Holdings Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円51,779 Mil. Keihan Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.17%.
The historical rank and industry rank for Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:9045'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.37 Med: 4.72 Max: 11.96
Current: 7
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Keihan Holdings Co was 11.96%. The lowest was 0.37%. And the median was 4.72%.
TSE:9045's Earnings Yield (Joel Greenblatt) % is ranked better than 52.14% of 562
companies
in the Conglomerates industry
Industry Median: 6.68
vs TSE:9045: 7.00
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) %. Keihan Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 28.78%. 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.
Keihan Holdings Co (TSE:9045) 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.
Keihan Holdings Co Earnings Yield (Joel Greenblatt) % Related Terms
Keihan Holdings Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Keihan Holdings 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.
Keihan Holdings Co Earnings Yield (Joel Greenblatt) % Chart
TSE:9045 vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Keihan Holdings 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.
Keihan Holdings Co Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.
Keihan Holdings 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.
Keihan Holdings Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Keihan Holdings 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51,779 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.17% mean?
Keihan Holdings Co (TSE:9045) has a Earnings Yield (Joel Greenblatt) % of 7.17% 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 Keihan Holdings Co and its competitors. This is 52% above median its historical median of 4.72. Over the past decade, Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % has ranged from 0.37 to 11.96. According to the industry distribution chart, Keihan Holdings Co ranks #269 out of 562 companies in the Conglomerates industry, placing it in the top 47.9%.
Is Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % too high?
Keihan Holdings Co's current Earnings Yield (Joel Greenblatt) % of 7.17% is 52% above median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 11.96. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.68. Keihan Holdings Co's value of 7.17% is 7.3% above this industry median. Based on the distribution chart, Keihan Holdings Co ranks #269 out of 562 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Keihan Holdings 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 Keihan Holdings Co's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Keihan Holdings Co ranks #269 out of 562 companies for Earnings Yield (Joel Greenblatt) %. This puts Keihan Holdings Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.68. Keihan Holdings Co's value of 7.17% is 7.3% above this benchmark. Historically, Keihan Holdings Co's own Earnings Yield (Joel Greenblatt) % has ranged from 0.37 to 11.96 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 6.68, Keihan Holdings 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.68, based on 562 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. Keihan Holdings Co's current Earnings Yield (Joel Greenblatt) % of 7.17% is 7.3% 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 Keihan Holdings Co and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keihan Holdings Co's current Earnings Yield (Joel Greenblatt) % is 7.17%, which is 52% above median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keihan Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Keihan Holdings Co (TSE:9045) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,722.16, compared to a current price of 円3,213.00 — trading 13.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.17%, which is 52% above median its 10-year median of 4.72 and 7.3% above the Conglomerates industry median of 6.68. Keihan Holdings Co's overall GF Score™ is 79/100 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 Keihan Holdings Co (TSE:9045), the current Earnings Yield (Joel Greenblatt) % is 7.17% 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 Keihan Holdings Co (TSE:9045) Overvalued in 2026?
Based on GuruFocus' analysis, Keihan Holdings Co stock appears to be undervalued.
The current stock price of 円3,213.00 is trading 13.7% below its estimated GF Value™ of 円3,722.16.
GuruFocus considers Keihan Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:9045:
Earnings Yield (Joel Greenblatt) %: 7.17% (52% above median its 10-year median of 4.72)
GF Value™: 円3,722.16 vs. price of 円3,213.00 (13.7% below fair value)
Industry Position: 7.3% above the Conglomerates median (#269 of 562)
No single metric tells the full story. See the TSE:9045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keihan Holdings Co Ltd is a Japanese conglomerate engaged in transportation, real estate, distribution, leisure, and other related businesses. The company operates through four segments. The Distribution segment manages department stores, shops, and malls. The Leisure and Service Industry segment covers hotels and sightseeing boats. The Real Estate segment handles sales, leasing, building materials, and design, and the Transportation segment operates railways and buses. Other Businesses include the operation of GOOD NATURE STATION, a commercial complex focused on sustainable experiences. It generates the majority of its revenue from the Real estate business segment.
79GF Score
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