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CarrerasXJAM:CAR +0.59%73 Earnings Yield (Joel Greenblatt) % is 10.48% as of Dec. 2025, which is 11% below its 10-year median of 11.81. GuruFocus rates XJAM:CAR with a GF Score™ of 73/100 and a GF Value™ of JMD13.23 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 46 Tobacco Products companies, Carreras ranks worse than 58.7% on this metric.
Carreras's Enterprise Value for the quarter that ended in Dec. 2025 was JMD84,786 Mil.
Carreras's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was JMD8,883 Mil. Carreras's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 10.48%.
The historical rank and industry rank for Carreras's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XJAM:CAR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.23 Med: 11.81 Max: 16.59
Current: 6.4
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Carreras was 16.59%. The lowest was 5.23%. And the median was 11.81%.
XJAM:CAR's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.7% of 46
companies
in the Tobacco Products industry
Industry Median: 8.42
vs XJAM:CAR: 6.40
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) %. Carreras's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
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.
Carreras Earnings Yield (Joel Greenblatt) % Related Terms
Carreras Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Carreras'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 Tobacco subindustry, Carreras'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.
Carreras Earnings Yield (Joel Greenblatt) % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Carreras's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Carreras'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.
Carrerass Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Carreras's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD8,883 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.48% mean?
Carreras (XJAM:CAR) has a Earnings Yield (Joel Greenblatt) % of 10.48% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Carreras and its competitors. This is 11% below median its historical median of 11.81. Over the past decade, Carreras' Earnings Yield (Joel Greenblatt) % has ranged from 5.23 to 16.59. According to the industry distribution chart, Carreras ranks #27 out of 46 companies in the Tobacco Products industry, placing it in the top 58.7%.
Is Carreras' Earnings Yield (Joel Greenblatt) % too high?
Carreras' current Earnings Yield (Joel Greenblatt) % of 10.48% is 11% below median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 16.59. The Tobacco Products industry median Earnings Yield (Joel Greenblatt) % is 8.42. Carreras' value of 10.48% is 24.5% above this industry median. Based on the distribution chart, Carreras ranks #27 out of 46 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Carreras has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carreras' Earnings Yield (Joel Greenblatt) % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Carreras ranks #27 out of 46 companies for Earnings Yield (Joel Greenblatt) %. This places Carreras in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 8.42. Carreras' value of 10.48% is 24.5% above this benchmark. Historically, Carreras' own Earnings Yield (Joel Greenblatt) % has ranged from 5.23 to 16.59 over the past decade. While the company's 10-year median is 11.81 vs. the industry median of 8.42, Carreras 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 Tobacco Products company?
The median Earnings Yield (Joel Greenblatt) % among Tobacco Products companies is 8.42, based on 46 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. Carreras's current Earnings Yield (Joel Greenblatt) % of 10.48% is 24.5% 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 Carreras and its competitors. For the Tobacco Products industry, the median Earnings Yield (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carreras's current Earnings Yield (Joel Greenblatt) % is 10.48%, which is 11% below median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carreras stock overvalued right now?
Based on GuruFocus' analysis, Carreras (XJAM:CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD13.23, compared to a current price of JMD28.86 — trading 118.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.48%, which is 11% below median its 10-year median of 11.81 and 24.5% above the Tobacco Products industry median of 8.42. Carreras' overall GF Score™ is 73/100 with 2 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 Carreras (XJAM:CAR), the current Earnings Yield (Joel Greenblatt) % is 10.48% as of Dec. 2025. 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 Carreras (XJAM:CAR) Overvalued in 2026?
Based on GuruFocus' analysis, Carreras stock appears to be overvalued.
The current stock price of JMD28.86 is trading 118.1% above its estimated GF Value™ of JMD13.23.
GuruFocus considers Carreras to be Significantly Overvalued.
Key valuation signals for XJAM:CAR:
Earnings Yield (Joel Greenblatt) %: 10.48% (11% below median its 10-year median of 11.81)
GF Value™: JMD13.23 vs. price of JMD28.86 (118.1% above fair value)
Industry Position: 24.5% above the Tobacco Products median (#27 of 46)
No single metric tells the full story. See the XJAM:CAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes, including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.
73GF 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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