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Tesmec SpATSMCF +8.26%37 Earnings Yield (Joel Greenblatt) % is 6.61% as of Mar. 2026, which is 83% above its 10-year median of 3.62. GuruFocus rates TSMCF with a GF Score™ of 37/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,085 Industrial Products companies, Tesmec SpA ranks better than 56.82% on this metric.
Tesmec SpA's Enterprise Value for the quarter that ended in Mar. 2026 was $317.1 Mil.
Tesmec SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $19.3 Mil. Tesmec SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.61%.
The historical rank and industry rank for Tesmec SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSMCF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.06 Med: 3.62 Max: 10.68
Current: 4.48
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tesmec SpA was 10.68%. The lowest was -2.06%. And the median was 3.62%.
TSMCF's Earnings Yield (Joel Greenblatt) % is ranked better than 56.82% of 3085
companies
in the Industrial Products industry
Industry Median: 3.6
vs TSMCF: 4.48
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) %. Tesmec SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -16.21%. 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.
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.
Tesmec SpA Earnings Yield (Joel Greenblatt) % Related Terms
Tesmec SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Tesmec SpA'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 Specialty Industrial Machinery subindustry, Tesmec SpA'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.
Tesmec SpA Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tesmec SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tesmec SpA's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Tesmec SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Tesmec SpA'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 $19.3 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.61% mean?
Tesmec SpA (TSMCF) has a Earnings Yield (Joel Greenblatt) % of 6.61% 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 Tesmec SpA and its competitors. This is 83% above median its historical median of 3.62. According to the industry distribution chart, Tesmec SpA ranks #1332 out of 3085 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Tesmec SpA's Earnings Yield (Joel Greenblatt) % too high?
Tesmec SpA's current Earnings Yield (Joel Greenblatt) % of 6.61% is 83% above median its 10-year median of 3.62. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.60. Tesmec SpA's value of 6.61% is 83.6% above this industry median. Based on the distribution chart, Tesmec SpA ranks #1332 out of 3085 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tesmec SpA has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tesmec SpA's Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tesmec SpA ranks #1332 out of 3085 companies for Earnings Yield (Joel Greenblatt) %. This puts Tesmec SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.60. Tesmec SpA's value of 6.61% is 83.6% above this benchmark. While the company's 10-year median is 3.62 vs. the industry median of 3.60, Tesmec SpA 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.60, based on 3,085 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. Tesmec SpA's current Earnings Yield (Joel Greenblatt) % of 6.61% is 83.6% 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 Tesmec SpA and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesmec SpA's current Earnings Yield (Joel Greenblatt) % is 6.61%, which is 83% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesmec SpA stock overvalued right now?
Based on GuruFocus' analysis, Tesmec SpA (TSMCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.38 — trading 123.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.61%, which is 83% above median its 10-year median of 3.62 and 83.6% above the Industrial Products industry median of 3.60. Tesmec SpA's overall GF Score™ is 37/100 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 Tesmec SpA (TSMCF), the current Earnings Yield (Joel Greenblatt) % is 6.61% 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 Tesmec SpA (TSMCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tesmec SpA stock appears to be overvalued.
The current stock price of $0.38 is trading 123.6% above its estimated GF Value™ of $0.17.
GuruFocus considers Tesmec SpA to be Significantly Overvalued.
Key valuation signals for TSMCF:
Earnings Yield (Joel Greenblatt) %: 6.61% (83% above median its 10-year median of 3.62)
GF Value™: $0.17 vs. price of $0.38 (123.6% above fair value)
Industry Position: 83.6% above the Industrial Products median (#1332 of 3085)
No single metric tells the full story. See the TSMCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tesmec SpA specialises in developing technologies and solutions for the construction, maintenance, and management of strategic infrastructure in the energy, telecommunications, rail, and natural resources sectors. Its product portfolio consists of rock trenching equipment, surface miners, stringing equipment, railway equipment, and electronic devices for smart grid management. The Group's operating segments are: Energy, Trencher, and Rail. The majority of its revenue is generated from the Trencher segment, which offers crawler trenching machines for excavation, surface mines, and earth-moving works. This segment also includes the provision of excavation services for power networks and fibre optic cables. Geographically, the Group operates globally and generates maximum revenue from Italy.
37GF Score
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