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KBJWAR:KBJ 74 Earnings Yield (Joel Greenblatt) % is 19.57% as of Mar. 2026, which is 47% above its 10-year median of 13.34. GuruFocus rates WAR:KBJ with a GF Score™ of 74/100 and a GF Value™ of zł19.88 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,910 Software companies, KBJ ranks better than 88.8% on this metric.
KBJ's Enterprise Value for the quarter that ended in Mar. 2026 was zł37.9 Mil.
KBJ's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł7.4 Mil. KBJ's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 19.57%.
The historical rank and industry rank for KBJ's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
WAR:KBJ'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.34 Med: 13.34 Max: 31.13
Current: 15.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of KBJ was 31.13%. The lowest was 2.34%. And the median was 13.34%.
WAR:KBJ's Earnings Yield (Joel Greenblatt) % is ranked better than 88.8% of 2910
companies
in the Software industry
Industry Median: 2.025
vs WAR:KBJ: 15.34
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) %. KBJ's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 9.97%. 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.
KBJ Earnings Yield (Joel Greenblatt) % Related Terms
KBJ Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for KBJ'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, KBJ'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.
KBJ Earnings Yield (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, KBJ's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KBJ'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.
KBJs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
KBJ'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 zł7.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 19.57% mean?
KBJ (WAR:KBJ) has a Earnings Yield (Joel Greenblatt) % of 19.57% 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 KBJ and its competitors. This is 47% above median its historical median of 13.34. Over the past decade, KBJ's Earnings Yield (Joel Greenblatt) % has ranged from 2.34 to 31.13. According to the industry distribution chart, KBJ ranks #326 out of 2910 companies in the Software industry, placing it in the top 11.2%.
Is KBJ's Earnings Yield (Joel Greenblatt) % too high?
KBJ's current Earnings Yield (Joel Greenblatt) % of 19.57% is 47% above median its 10-year median of 13.34. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 31.13. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.03. KBJ's value of 19.57% is 866.4% above this industry median. Based on the distribution chart, KBJ ranks #326 out of 2910 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, KBJ has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KBJ's Earnings Yield (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, KBJ ranks #326 out of 2910 companies for Earnings Yield (Joel Greenblatt) %. This places KBJ in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.03. KBJ's value of 19.57% is 866.4% above this benchmark. Historically, KBJ's own Earnings Yield (Joel Greenblatt) % has ranged from 2.34 to 31.13 over the past decade. While the company's 10-year median is 13.34 vs. the industry median of 2.03, KBJ 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 2.03, based on 2,910 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. KBJ's current Earnings Yield (Joel Greenblatt) % of 19.57% is 866.4% 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 KBJ and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KBJ's current Earnings Yield (Joel Greenblatt) % is 19.57%, which is 47% above median its own 10-year median of 13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KBJ stock overvalued right now?
Based on GuruFocus' analysis, KBJ (WAR:KBJ) is currently considered Modestly Overvalued. The stock's GF Value™ is zł19.88, compared to a current price of zł24.40 — trading 22.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 19.57%, which is 47% above median its 10-year median of 13.34 and 866.4% above the Software industry median of 2.03. KBJ's overall GF Score™ is 74/100 with 9 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 KBJ (WAR:KBJ), the current Earnings Yield (Joel Greenblatt) % is 19.57% 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 KBJ (WAR:KBJ) Overvalued in 2026?
Based on GuruFocus' analysis, KBJ stock appears to be overvalued.
The current stock price of zł24.40 is trading 22.7% above its estimated GF Value™ of zł19.88.
GuruFocus considers KBJ to be Modestly Overvalued.
Key valuation signals for WAR:KBJ:
Earnings Yield (Joel Greenblatt) %: 19.57% (47% above median its 10-year median of 13.34)
GF Value™: zł19.88 vs. price of zł24.40 (22.7% above fair value)
Industry Position: 866.4% above the Software median (#326 of 2910)
No single metric tells the full story. See the WAR:KBJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KBJ SA is engaged in providing implementation and consulting services as well as building dedicated IT solutions that are compliant with individual customer needs. The company services include Business Intelligence & Big Data, SAP Development, ERP S/4 HANA, SAP application service, e-Drugs, E-JPK, HR Cloud Portal, and Research & Development.
74GF Score
Get the complete analysis for WAR:KBJ
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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