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.
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.
Verite CoTSE:9904 +0.41%69 Earnings Yield (Joel Greenblatt) % is 5.45% as of Mar. 2026, which is 25% below its 10-year median of 7.27. GuruFocus rates TSE:9904 with a GF Score™ of 69/100 and a GF Value™ of 円476.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Verite Co ranks better than 75.53% on this metric.
Verite Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円9,901 Mil.
Verite Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円652 Mil. Verite Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.45%.
The historical rank and industry rank for Verite Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:9904'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.88 Med: 7.27 Max: 11.69
Current: 10.8
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Verite Co was 11.69%. The lowest was 1.88%. And the median was 7.27%.
TSE:9904's Earnings Yield (Joel Greenblatt) % is ranked better than 75.53% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 5.7
vs TSE:9904: 10.80
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) %. Verite Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 3.24%. 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.
Verite Co (TSE:9904) 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.
Verite Co Earnings Yield (Joel Greenblatt) % Related Terms
Verite Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Verite 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.
Verite Co Earnings Yield (Joel Greenblatt) % Chart
TSE:9904 vs TPR: Earnings Yield (Joel Greenblatt) % Comparison
For the Luxury Goods subindustry, Verite 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.
Verite Co Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Verite Co's Earnings Yield (Joel Greenblatt) % falls into.
Verite 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.
Verite Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Verite 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652 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.45% mean?
Verite Co (TSE:9904) has a Earnings Yield (Joel Greenblatt) % of 5.45% 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 Verite Co and its competitors. This is 25% below median its historical median of 7.27. Over the past decade, Verite Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.88 to 11.69. According to the industry distribution chart, Verite Co ranks #276 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 24.5%.
Is Verite Co's Earnings Yield (Joel Greenblatt) % too high?
Verite Co's current Earnings Yield (Joel Greenblatt) % of 5.45% is 25% below median its 10-year median of 7.27. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 11.69. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.70. Verite Co's value of 5.45% is 4.4% below this industry median. Based on the distribution chart, Verite Co ranks #276 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Verite Co has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Earnings Yield (Joel Greenblatt) % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #276 out of 1128 companies for Earnings Yield (Joel Greenblatt) %. This places Verite Co in the top 25% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.70. Verite Co's value of 5.45% is 4.4% below this benchmark. Historically, Verite Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.88 to 11.69 over the past decade. While the company's 10-year median is 7.27 vs. the industry median of 5.70, Verite 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 5.70, based on 1,128 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. Verite Co's current Earnings Yield (Joel Greenblatt) % of 5.45% is 4.4% 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 Verite Co and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current Earnings Yield (Joel Greenblatt) % is 5.45%, which is 25% below median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円476.66, compared to a current price of 円245.00 — trading 48.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.45%, which is 25% below median its 10-year median of 7.27 and 4.4% below the Retail - Cyclical industry median of 5.70. Verite Co's overall GF Score™ is 69/100 with 4 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 Verite Co (TSE:9904), the current Earnings Yield (Joel Greenblatt) % is 5.45% 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 Verite Co (TSE:9904) Overvalued in 2026?
Based on GuruFocus' analysis, Verite Co stock appears to be undervalued.
The current stock price of 円245.00 is trading 48.6% below its estimated GF Value™ of 円476.66.
GuruFocus considers Verite Co to be Significantly Undervalued.
Key valuation signals for TSE:9904:
Earnings Yield (Joel Greenblatt) %: 5.45% (25% below median its 10-year median of 7.27)
GF Value™: 円476.66 vs. price of 円245.00 (48.6% below fair value)
Industry Position: 4.4% below the Retail - Cyclical median (#276 of 1128)
No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
69GF Score
Get the complete analysis for TSE:9904
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9904 has been successfully added to your 
