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ASTEEL Group BhdXKLS:7020 +5.88% Earnings Yield (Joel Greenblatt) % is 6.13% as of Mar. 2026, which is 35% above its 10-year median of 4.53. The stock has 8 warning signs investors should review. Among 633 Steel companies, ASTEEL Group Bhd ranks worse than 50.71% on this metric.
ASTEEL Group Bhd's Enterprise Value for the quarter that ended in Mar. 2026 was RM140.8 Mil.
ASTEEL Group Bhd's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was RM8.6 Mil. ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.13%.
The historical rank and industry rank for ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XKLS:7020'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.43 Med: 4.53 Max: 12.09
Current: 5.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ASTEEL Group Bhd was 12.09%. The lowest was -8.43%. And the median was 4.53%.
XKLS:7020's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.71% of 633
companies
in the Steel industry
Industry Median: 5.61
vs XKLS:7020: 5.56
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) %. ASTEEL Group Bhd'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.
ASTEEL Group Bhd (XKLS:7020) 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.
ASTEEL Group Bhd Earnings Yield (Joel Greenblatt) % Related Terms
ASTEEL Group Bhd Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ASTEEL Group 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.
ASTEEL Group Bhd Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, ASTEEL Group 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.
ASTEEL Group Bhd Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % falls into.
ASTEEL Group Bhd 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.
ASTEEL Group Bhds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
ASTEEL Group Bhd'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 RM8.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.13% mean?
ASTEEL Group Bhd (XKLS:7020) has a Earnings Yield (Joel Greenblatt) % of 6.13% 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 ASTEEL Group Bhd and its competitors. This is 35% above median its historical median of 4.53. According to the industry distribution chart, ASTEEL Group Bhd ranks #321 out of 633 companies in the Steel industry, placing it in the top 50.7%.
Is ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % too high?
ASTEEL Group Bhd's current Earnings Yield (Joel Greenblatt) % of 6.13% is 35% above median its 10-year median of 4.53. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.61. ASTEEL Group Bhd's value of 6.13% is 9.3% above this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #321 out of 633 companies in the Steel industry, which is below the industry midpoint.
How does ASTEEL Group Bhd's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #321 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This places ASTEEL Group Bhd in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.61. ASTEEL Group Bhd's value of 6.13% is 9.3% above this benchmark. While the company's 10-year median is 4.53 vs. the industry median of 5.61, ASTEEL Group 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.61, based on 633 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. ASTEEL Group Bhd's current Earnings Yield (Joel Greenblatt) % of 6.13% is 9.3% 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 ASTEEL Group Bhd and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASTEEL Group Bhd's current Earnings Yield (Joel Greenblatt) % is 6.13%, which is 35% above median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Fairly Valued. The stock's GF Value™ is RM0.09, compared to a current price of RM0.09 — trading right at its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.13%, which is 35% above median its 10-year median of 4.53 and 9.3% above the Steel industry median of 5.61. 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 ASTEEL Group Bhd (XKLS:7020), the current Earnings Yield (Joel Greenblatt) % is 6.13% 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.
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.
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