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Belc CoTSE:9974 -0.15%93 Earnings Yield (Joel Greenblatt) % is 9.17% as of Feb. 2026, which is 1% below its 10-year median of 9.23. GuruFocus rates TSE:9974 with a GF Score™ of 93/100 and a GF Value™ of 円8,073.08 (Modestly Undervalued). Among 320 Retail - Defensive companies, Belc Co ranks better than 75.94% on this metric.
Belc Co's Enterprise Value for the quarter that ended in Feb. 2026 was 円191,955 Mil.
Belc Co's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円17,090 Mil. Belc Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 9.17%.
The historical rank and industry rank for Belc Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:9974'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.18 Med: 9.23 Max: 11.84
Current: 10.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Belc Co was 11.84%. The lowest was 6.18%. And the median was 9.23%.
TSE:9974's Earnings Yield (Joel Greenblatt) % is ranked better than 75.94% of 320
companies
in the Retail - Defensive industry
Industry Median: 6.025
vs TSE:9974: 10.56
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) %. Belc Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 2026 was 8.16%. 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.
Belc Co (TSE:9974) 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.
Belc Co Earnings Yield (Joel Greenblatt) % Related Terms
Belc Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Belc 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.
TSE:9974 vs KR: Earnings Yield (Joel Greenblatt) % Comparison
For the Grocery Stores subindustry, Belc 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.
Belc Co Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Belc Co's Earnings Yield (Joel Greenblatt) % falls into.
Belc 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.
Belc Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2026 is calculated as
Belc 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17,090 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.17% mean?
Belc Co (TSE:9974) has a Earnings Yield (Joel Greenblatt) % of 9.17% 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 Belc Co and its competitors. This is near median its historical median of 9.23. Over the past decade, Belc Co's Earnings Yield (Joel Greenblatt) % has ranged from 6.18 to 11.84. According to the industry distribution chart, Belc Co ranks #77 out of 320 companies in the Retail - Defensive industry, placing it in the top 24.1%.
Is Belc Co's Earnings Yield (Joel Greenblatt) % too high?
Belc Co's current Earnings Yield (Joel Greenblatt) % of 9.17% is near median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 11.84. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.03. Belc Co's value of 9.17% is 52.2% above this industry median. Based on the distribution chart, Belc Co ranks #77 out of 320 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Belc Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Belc Co's Earnings Yield (Joel Greenblatt) % compare to KR?
According to the Retail - Defensive industry distribution chart, Belc Co ranks #77 out of 320 companies for Earnings Yield (Joel Greenblatt) %. This places Belc Co in the top 24% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.03. Belc Co's value of 9.17% is 52.2% above this benchmark. Historically, Belc Co's own Earnings Yield (Joel Greenblatt) % has ranged from 6.18 to 11.84 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 6.03, Belc 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 Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.03, based on 320 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. Belc Co's current Earnings Yield (Joel Greenblatt) % of 9.17% is 52.2% 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 Belc Co and its competitors. For the Retail - Defensive 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. Belc Co's current Earnings Yield (Joel Greenblatt) % is 9.17%, which is near median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belc Co stock overvalued right now?
Based on GuruFocus' analysis, Belc Co (TSE:9974) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,073.08, compared to a current price of 円6,710.00 — trading 16.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.17%, which is near median its 10-year median of 9.23 and 52.2% above the Retail - Defensive industry median of 6.03. Belc Co's overall GF Score™ is 93/100. 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 Belc Co (TSE:9974), the current Earnings Yield (Joel Greenblatt) % is 9.17% 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 Belc Co (TSE:9974) Overvalued in 2026?
Based on GuruFocus' analysis, Belc Co stock appears to be undervalued.
The current stock price of 円6,710.00 is trading 16.9% below its estimated GF Value™ of 円8,073.08.
GuruFocus considers Belc Co to be Modestly Undervalued.
Key valuation signals for TSE:9974:
Earnings Yield (Joel Greenblatt) %: 9.17% (near median its 10-year median of 9.23)
GF Value™: 円8,073.08 vs. price of 円6,710.00 (16.9% below fair value)
Industry Position: 52.2% above the Retail - Defensive median (#77 of 320)
No single metric tells the full story. See the TSE:9974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on Saitama Prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities, and processed food. Belc Co. Ltd also provides services to its stores, including chain management and cleaning.
93GF 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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