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Cisco SystemsXSWX:CSCO +2.63%81 Earnings Yield (Joel Greenblatt) % is 4.14% as of Apr. 2026, which is 45% below its 10-year median of 7.58. GuruFocus rates XSWX:CSCO with a GF Score™ of 81/100 and a GF Value™ of CHF55.36. The stock has 9 warning signs investors should review. Among 2,492 Hardware companies, Cisco Systems ranks better than 57.83% on this metric.
Cisco Systems's Enterprise Value for the quarter that ended in Apr. 2026 was CHF288,728 Mil.
Cisco Systems's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was CHF12,322 Mil. Cisco Systems's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 4.14%.
The historical rank and industry rank for Cisco Systems's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XSWX:CSCO'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.11 Med: 7.58 Max: 12.01
Current: 3.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cisco Systems was 12.01%. The lowest was 3.11%. And the median was 7.58%.
XSWX:CSCO's Earnings Yield (Joel Greenblatt) % is ranked better than 57.83% of 2492
companies
in the Hardware industry
Industry Median: 2.33
vs XSWX:CSCO: 3.41
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) %. Cisco Systems's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 4.96%. 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.
Cisco Systems (XSWX:CSCO) 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.
Cisco Systems Earnings Yield (Joel Greenblatt) % Related Terms
Cisco Systems Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Cisco Systems'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.
Cisco Systems Earnings Yield (Joel Greenblatt) % Chart
For the Communication Equipment subindustry, Cisco Systems'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.
Cisco Systems Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Cisco Systems's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cisco Systems's Earnings Yield (Joel Greenblatt) % falls into.
Cisco Systems 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.
Cisco Systemss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2025 is calculated as
Cisco Systems's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF12,322 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.14% mean?
Cisco Systems (XSWX:CSCO) has a Earnings Yield (Joel Greenblatt) % of 4.14% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Cisco Systems and its competitors. This is 45% below median its historical median of 7.58. Over the past decade, Cisco Systems' Earnings Yield (Joel Greenblatt) % has ranged from 3.11 to 12.01. According to the industry distribution chart, Cisco Systems ranks #1051 out of 2492 companies in the Hardware industry, placing it in the top 42.2%.
Is Cisco Systems' Earnings Yield (Joel Greenblatt) % too high?
Cisco Systems' current Earnings Yield (Joel Greenblatt) % of 4.14% is 45% below median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 12.01. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.33. Cisco Systems' value of 4.14% is 77.7% above this industry median. Based on the distribution chart, Cisco Systems ranks #1051 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Cisco Systems has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' Earnings Yield (Joel Greenblatt) % compare to CIEN and MSI?
According to the Hardware industry distribution chart, Cisco Systems ranks #1051 out of 2492 companies for Earnings Yield (Joel Greenblatt) %. This puts Cisco Systems in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.33. Cisco Systems' value of 4.14% is 77.7% above this benchmark. Historically, Cisco Systems' own Earnings Yield (Joel Greenblatt) % has ranged from 3.11 to 12.01 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 2.33, Cisco Systems 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.33, based on 2,492 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. Cisco Systems's current Earnings Yield (Joel Greenblatt) % of 4.14% is 77.7% 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 Cisco Systems and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cisco Systems's current Earnings Yield (Joel Greenblatt) % is 4.14%, which is 45% below median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Cisco Systems (XSWX:CSCO) has a current Earnings Yield (Joel Greenblatt) % of 4.14%. The stock's GF Value™ is CHF55.36, compared to a current price of CHF90.00 — trading 62.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.14%, which is 45% below median its 10-year median of 7.58 and 77.7% above the Hardware industry median of 2.33. Cisco Systems' overall GF Score™ is 81/100 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 Cisco Systems (XSWX:CSCO), the current Earnings Yield (Joel Greenblatt) % is 4.14% as of Apr. 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 Cisco Systems (XSWX:CSCO) Overvalued in 2026?
Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued.
The current stock price of CHF90.00 is trading 62.6% above its estimated GF Value™ of CHF55.36.
Key valuation signals for XSWX:CSCO:
Earnings Yield (Joel Greenblatt) %: 4.14% (45% below median its 10-year median of 7.58)
GF Value™: CHF55.36 vs. price of CHF90.00 (62.6% above fair value)
Industry Position: 77.7% above the Hardware median (#1051 of 2492)
No single metric tells the full story. See the XSWX:CSCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
81GF 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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