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IFIRMA Spolka AkcyjnaWAR:IFI +0.42%96 Earnings Yield (Joel Greenblatt) % is 8.18% as of Mar. 2026, which is 9% below its 10-year median of 8.95. GuruFocus rates WAR:IFI with a GF Score™ of 96/100 and a GF Value™ of zł31.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,909 Software companies, IFIRMA Spolka Akcyjna ranks better than 79.96% on this metric.
IFIRMA Spolka Akcyjna's Enterprise Value for the quarter that ended in Mar. 2026 was zł179.95 Mil.
IFIRMA Spolka Akcyjna's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł14.71 Mil. IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.18%.
The historical rank and industry rank for IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
WAR:IFI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.86 Med: 8.95 Max: 52.83
Current: 9.96
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of IFIRMA Spolka Akcyjna was 52.83%. The lowest was 2.86%. And the median was 8.95%.
WAR:IFI's Earnings Yield (Joel Greenblatt) % is ranked better than 79.96% of 2909
companies
in the Software industry
Industry Median: 1.99
vs WAR:IFI: 9.96
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) %. IFIRMA Spolka Akcyjna's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 24.47%. 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.
IFIRMA Spolka Akcyjna Earnings Yield (Joel Greenblatt) % Related Terms
IFIRMA Spolka Akcyjna Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for IFIRMA Spolka Akcyjna'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 Information Technology Services subindustry, IFIRMA Spolka Akcyjna'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.
IFIRMA Spolka Akcyjna Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IFIRMA Spolka Akcyjna'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.
IFIRMA Spolka Akcyjnas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
IFIRMA Spolka Akcyjna'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 zł14.71 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.18% mean?
IFIRMA Spolka Akcyjna (WAR:IFI) has a Earnings Yield (Joel Greenblatt) % of 8.18% 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 IFIRMA Spolka Akcyjna and its competitors. This is near median its historical median of 8.95. Over the past decade, IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % has ranged from 2.86 to 52.83. According to the industry distribution chart, IFIRMA Spolka Akcyjna ranks #583 out of 2909 companies in the Software industry, placing it in the top 20%.
Is IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % too high?
IFIRMA Spolka Akcyjna's current Earnings Yield (Joel Greenblatt) % of 8.18% is near median its 10-year median of 8.95. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 52.83. The Software industry median Earnings Yield (Joel Greenblatt) % is 1.99. IFIRMA Spolka Akcyjna's value of 8.18% is 311.1% above this industry median. Based on the distribution chart, IFIRMA Spolka Akcyjna ranks #583 out of 2909 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, IFIRMA Spolka Akcyjna has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFIRMA Spolka Akcyjna's Earnings Yield (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, IFIRMA Spolka Akcyjna ranks #583 out of 2909 companies for Earnings Yield (Joel Greenblatt) %. This places IFIRMA Spolka Akcyjna in the top 20% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 1.99. IFIRMA Spolka Akcyjna's value of 8.18% is 311.1% above this benchmark. Historically, IFIRMA Spolka Akcyjna's own Earnings Yield (Joel Greenblatt) % has ranged from 2.86 to 52.83 over the past decade. While the company's 10-year median is 8.95 vs. the industry median of 1.99, IFIRMA Spolka Akcyjna 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 1.99, based on 2,909 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. IFIRMA Spolka Akcyjna's current Earnings Yield (Joel Greenblatt) % of 8.18% is 311.1% 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 IFIRMA Spolka Akcyjna and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFIRMA Spolka Akcyjna's current Earnings Yield (Joel Greenblatt) % is 8.18%, which is near median its own 10-year median of 8.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIRMA Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna (WAR:IFI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł31.81, compared to a current price of zł24.00 — trading 24.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.18%, which is near median its 10-year median of 8.95 and 311.1% above the Software industry median of 1.99. IFIRMA Spolka Akcyjna's overall GF Score™ is 96/100 with 3 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 IFIRMA Spolka Akcyjna (WAR:IFI), the current Earnings Yield (Joel Greenblatt) % is 8.18% 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 IFIRMA Spolka Akcyjna (WAR:IFI) Overvalued in 2026?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna stock appears to be undervalued.
The current stock price of zł24.00 is trading 24.6% below its estimated GF Value™ of zł31.81.
GuruFocus considers IFIRMA Spolka Akcyjna to be Modestly Undervalued.
Key valuation signals for WAR:IFI:
Earnings Yield (Joel Greenblatt) %: 8.18% (near median its 10-year median of 8.95)
GF Value™: zł31.81 vs. price of zł24.00 (24.6% below fair value)
Industry Position: 311.1% above the Software median (#583 of 2909)
No single metric tells the full story. See the WAR:IFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFIRMA Spolka Akcyjna provides services in the field of software development as well as recruitment and outsourcing of IT staff. Its services include internet accounting, accounting office, invoices application, and warehousing software. The company is working on www.firmbee.com - a project management software which manages firm's tasks, finances, supports remote team work and HR processes.
96GF Score
Get the complete analysis for WAR:IFI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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