Kanseki Co (TSE:9903) Earnings Yield (Joel Greenblatt) %: 2.90% (As of Feb. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9903 Kanseki Co Ltd TSE:9903
63 GF Score
Price 円881.00
GF Value 円902.89
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Kanseki Co Earnings Yield (Joel Greenblatt) %?

Kanseki Co TSE:9903 -1.34% 63 Earnings Yield (Joel Greenblatt) % is 2.90% as of Feb. 2026, which is 19% below its 10-year median of 3.56. GuruFocus rates TSE:9903 with a GF Score™ of 63/100 and a GF Value™ of 円902.89 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Kanseki Co ranks worse than 62.53% on this metric.

Kanseki Co's Enterprise Value for the quarter that ended in Feb. 2026 was 円17,264 Mil. Kanseki Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円589 Mil. Kanseki Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 2.90%.

The historical rank and industry rank for Kanseki Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TSE:9903' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.38   Med: 3.56   Max: 11.62
Current: 3.48

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kanseki Co was 11.62%. The lowest was -25.38%. And the median was 3.56%.

TSE:9903's Earnings Yield (Joel Greenblatt) % is ranked worse than
62.53% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 5.78 vs TSE:9903: 3.48

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) %. Kanseki Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 0.00%. 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.


Kanseki Co  (TSE:9903) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Kanseki Co Earnings Yield (Joel Greenblatt) % Related Terms


Kanseki Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kanseki 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.

Kanseki Co Earnings Yield (Joel Greenblatt) % Chart

Kanseki Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 5.39 -23.92 4.25 2.90

Kanseki Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.47 1.87 2.15 2.90 0.00

TSE:9903 vs HD, LOW, FND: Earnings Yield (Joel Greenblatt) % Comparison

For the Home Improvement Retail subindustry, Kanseki 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.


Kanseki Co Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kanseki Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kanseki Co's Earnings Yield (Joel Greenblatt) % falls into.


TSE:9903
63GF Score
Kanseki Co Ltd TSE:9903
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanseki 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.

Kanseki Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=500.568/17263.527
=2.90 %

Kanseki Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円589 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.90% mean?
Kanseki Co (TSE:9903) has a Earnings Yield (Joel Greenblatt) % of 2.90% as of Feb. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kanseki Co and its competitors. This is 19% below median its historical median of 3.56. According to the industry distribution chart, Kanseki Co ranks #706 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 62.5%.
Is Kanseki Co's Earnings Yield (Joel Greenblatt) % too high?
Kanseki Co's current Earnings Yield (Joel Greenblatt) % of 2.90% is 19% below median its 10-year median of 3.56. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.78. Kanseki Co's value of 2.90% is 49.8% below this industry median. Based on the distribution chart, Kanseki Co ranks #706 out of 1129 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kanseki Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kanseki Co's Earnings Yield (Joel Greenblatt) % compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Kanseki Co ranks #706 out of 1129 companies for Earnings Yield (Joel Greenblatt) %. This places Kanseki Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.78. Kanseki Co's value of 2.90% is 49.8% below this benchmark. While the company's 10-year median is 3.56 vs. the industry median of 5.78, Kanseki Co has consistently been below 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.78, based on 1,129 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. Kanseki Co's current Earnings Yield (Joel Greenblatt) % of 2.90% is 49.8% below 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 Kanseki Co and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanseki Co's current Earnings Yield (Joel Greenblatt) % is 2.90%, which is 19% below median its own 10-year median of 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanseki Co stock overvalued right now?
Based on GuruFocus' analysis, Kanseki Co (TSE:9903) is currently considered Fairly Valued. The stock's GF Value™ is 円902.89, compared to a current price of 円881.00 — trading 2.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.90%, which is 19% below median its 10-year median of 3.56 and 49.8% below the Retail - Cyclical industry median of 5.78. Kanseki Co's overall GF Score™ is 63/100 with 6 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 Kanseki Co (TSE:9903), the current Earnings Yield (Joel Greenblatt) % is 2.90% as of Feb. 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 Kanseki Co (TSE:9903) Overvalued in 2026?

Based on GuruFocus' analysis, Kanseki Co stock appears to be undervalued. The current stock price of 円881.00 is trading 2.4% below its estimated GF Value™ of 円902.89. GuruFocus considers Kanseki Co to be Fairly Valued.

Key valuation signals for TSE:9903:

  • Earnings Yield (Joel Greenblatt) %: 2.90% (19% below median its 10-year median of 3.56)
  • GF Value™: 円902.89 vs. price of 円881.00 (2.4% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 49.8% below the Retail - Cyclical median (#706 of 1129)

No single metric tells the full story. See the TSE:9903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanseki Co Business Description

Address 1 Chome-cho, Utsunomiya, Tochigi, JPN
Kanseki Co Ltd is engaged in managing home centers, specialty stores in Japan.
63GF Score

Get the complete analysis for TSE:9903

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円881.00
Price
円902.89
GF Value