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Fraser & Neave Holdings BhdXKLS:3689 -0.23%87 Earnings Yield (Joel Greenblatt) % is 6.31% as of Jun. 2026, which is 20% above its 10-year median of 5.24. GuruFocus rates XKLS:3689 with a GF Score™ of 87/100 and a GF Value™ of RM28.14 (Fairly Valued). The stock has 2 warning signs investors should review. Among 120 Beverages - Non-Alcoholic companies, Fraser & Neave Holdings Bhd ranks better than 56.67% on this metric.
Fraser & Neave Holdings Bhd's Enterprise Value for the quarter that ended in Jun. 2026 was RM10,365 Mil.
Fraser & Neave Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was RM654 Mil. Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.31%.
The historical rank and industry rank for Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:3689'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.27 Med: 5.24 Max: 9.35
Current: 6.73
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Fraser & Neave Holdings Bhd was 9.35%. The lowest was 2.27%. And the median was 5.24%.
XKLS:3689's Earnings Yield (Joel Greenblatt) % is ranked better than 56.67% of 120
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 5.765
vs XKLS:3689: 6.73
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) %. Fraser & Neave Holdings Bhd's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 13.10%. 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.
Fraser & Neave Holdings Bhd Earnings Yield (Joel Greenblatt) % Related Terms
Fraser & Neave Holdings Bhd Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Fraser & Neave Holdings Bhd'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 Beverages - Non-Alcoholic subindustry, Fraser & Neave Holdings Bhd'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.
Fraser & Neave Holdings Bhd Earnings Yield (Joel Greenblatt) % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fraser & Neave Holdings Bhd'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.
Fraser & Neave Holdings Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Fraser & Neave Holdings Bhd's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was RM654 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.31% mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a Earnings Yield (Joel Greenblatt) % of 6.31% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Fraser & Neave Holdings Bhd and its competitors. This is 20% above median its historical median of 5.24. Over the past decade, Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) % has ranged from 2.27 to 9.35. According to the industry distribution chart, Fraser & Neave Holdings Bhd ranks #52 out of 120 companies in the Beverages - Non-Alcoholic industry, placing it in the top 43.3%.
Is Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) % too high?
Fraser & Neave Holdings Bhd's current Earnings Yield (Joel Greenblatt) % of 6.31% is 20% above median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 9.35. The Beverages - Non-Alcoholic industry median Earnings Yield (Joel Greenblatt) % is 5.77. Fraser & Neave Holdings Bhd's value of 6.31% is 9.5% above this industry median. Based on the distribution chart, Fraser & Neave Holdings Bhd ranks #52 out of 120 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Fraser & Neave Holdings Bhd has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fraser & Neave Holdings Bhd's Earnings Yield (Joel Greenblatt) % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Fraser & Neave Holdings Bhd ranks #52 out of 120 companies for Earnings Yield (Joel Greenblatt) %. This puts Fraser & Neave Holdings Bhd in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.77. Fraser & Neave Holdings Bhd's value of 6.31% is 9.5% above this benchmark. Historically, Fraser & Neave Holdings Bhd's own Earnings Yield (Joel Greenblatt) % has ranged from 2.27 to 9.35 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 5.77, Fraser & Neave Holdings Bhd 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 Beverages - Non-Alcoholic company?
The median Earnings Yield (Joel Greenblatt) % among Beverages - Non-Alcoholic companies is 5.77, based on 120 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. Fraser & Neave Holdings Bhd's current Earnings Yield (Joel Greenblatt) % of 6.31% is 9.5% 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 Fraser & Neave Holdings Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median Earnings Yield (Joel Greenblatt) % is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fraser & Neave Holdings Bhd's current Earnings Yield (Joel Greenblatt) % is 6.31%, which is 20% above median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.14, compared to a current price of RM26.24 — trading 6.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.31%, which is 20% above median its 10-year median of 5.24 and 9.5% above the Beverages - Non-Alcoholic industry median of 5.77. Fraser & Neave Holdings Bhd's overall GF Score™ is 87/100 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 Fraser & Neave Holdings Bhd (XKLS:3689), the current Earnings Yield (Joel Greenblatt) % is 6.31% as of Jun. 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be undervalued.
The current stock price of RM26.24 is trading 6.8% below its estimated GF Value™ of RM28.14.
GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:3689:
Earnings Yield (Joel Greenblatt) %: 6.31% (20% above median its 10-year median of 5.24)
GF Value™: RM28.14 vs. price of RM26.24 (6.8% below fair value)
Industry Position: 9.5% above the Beverages - Non-Alcoholic median (#52 of 120)
No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
87GF Score
Get the complete analysis for XKLS:3689
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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