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VNET GroupVNET +1.43%53 Earnings Yield (Joel Greenblatt) % is 3.03% as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 53/100 and a GF Value™ of $4.33 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,911 Software companies, VNET Group ranks better than 54.72% on this metric.
VNET Group's Enterprise Value for the quarter that ended in Mar. 2026 was $6,312 Mil.
VNET Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $191 Mil. VNET Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.03%.
The historical rank and industry rank for VNET Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
VNET'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.78 Med: -1.23 Max: 11.69
Current: 3.11
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of VNET Group was 11.69%. The lowest was -26.78%. And the median was -1.23%.
VNET's Earnings Yield (Joel Greenblatt) % is ranked better than 54.72% of 2911
companies
in the Software industry
Industry Median: 2.06
vs VNET: 3.11
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) %. VNET Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
VNET Group (NAS:VNET) 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.
VNET Group Earnings Yield (Joel Greenblatt) % Related Terms
VNET Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for VNET Group'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.
VNET Group Earnings Yield (Joel Greenblatt) % Chart
For the Information Technology Services subindustry, VNET Group'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.
VNET Group Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, VNET Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where VNET Group's Earnings Yield (Joel Greenblatt) % falls into.
VNET Group 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.
VNET Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
VNET Group'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 $191 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.03% mean?
VNET Group (VNET) has a Earnings Yield (Joel Greenblatt) % of 3.03% 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 VNET Group and its competitors. According to the industry distribution chart, VNET Group ranks #1318 out of 2911 companies in the Software industry, placing it in the top 45.3%.
Is VNET Group's Earnings Yield (Joel Greenblatt) % too high?
VNET Group's current Earnings Yield (Joel Greenblatt) % is 3.03%. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.06. VNET Group's value of 3.03% is 47.1% above this industry median. Based on the distribution chart, VNET Group ranks #1318 out of 2911 companies in the Software industry, which is above the industry midpoint. Overall, VNET Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Earnings Yield (Joel Greenblatt) % compare to INOD and KD?
According to the Software industry distribution chart, VNET Group ranks #1318 out of 2911 companies for Earnings Yield (Joel Greenblatt) %. This puts VNET Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.06. VNET Group's value of 3.03% is 47.1% above this benchmark. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.06, based on 2,911 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. VNET Group's current Earnings Yield (Joel Greenblatt) % of 3.03% is 47.1% 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 VNET Group and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VNET Group's current Earnings Yield (Joel Greenblatt) % is 3.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.33, compared to a current price of $7.82 — trading 80.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.03% and 47.1% above the Software industry median of 2.06. VNET Group's overall GF Score™ is 53/100 with 8 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 VNET Group (VNET), the current Earnings Yield (Joel Greenblatt) % is 3.03% 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 VNET Group (VNET) Overvalued in 2026?
Based on GuruFocus' analysis, VNET Group stock appears to be overvalued.
The current stock price of $7.82 is trading 80.5% above its estimated GF Value™ of $4.33.
GuruFocus considers VNET Group to be Significantly Overvalued.
Key valuation signals for VNET:
Earnings Yield (Joel Greenblatt) %: 3.03%
GF Value™: $4.33 vs. price of $7.82 (80.5% above fair value)
Industry Position: 47.1% above the Software median (#1318 of 2911)
No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
53GF 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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