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ZTEZTCOF 83 Earnings Yield (Joel Greenblatt) % is 4.62% as of Mar. 2026, which is 18% below its 10-year median of 5.63. GuruFocus rates ZTCOF with a GF Score™ of 83/100 and a GF Value™ of $3.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,492 Hardware companies, ZTE ranks better than 64.25% on this metric.
ZTE's Enterprise Value for the quarter that ended in Mar. 2026 was $16,999 Mil.
ZTE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,148 Mil. ZTE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.62%.
The historical rank and industry rank for ZTE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ZTCOF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.13 Med: 5.63 Max: 15.82
Current: 4.49
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of ZTE was 15.82%. The lowest was -7.13%. And the median was 5.63%.
ZTCOF's Earnings Yield (Joel Greenblatt) % is ranked better than 64.25% of 2492
companies
in the Hardware industry
Industry Median: 2.33
vs ZTCOF: 4.49
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) %. ZTE's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 6.98%. 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.
ZTE Earnings Yield (Joel Greenblatt) % Related Terms
ZTE Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for ZTE'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 Communication Equipment subindustry, ZTE'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.
ZTE Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, ZTE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where ZTE'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.
ZTEs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
ZTE'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 $1,148 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.62% mean?
ZTE (ZTCOF) has a Earnings Yield (Joel Greenblatt) % of 4.62% 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 ZTE and its competitors. This is 18% below median its historical median of 5.63. According to the industry distribution chart, ZTE ranks #891 out of 2492 companies in the Hardware industry, placing it in the top 35.8%.
Is ZTE's Earnings Yield (Joel Greenblatt) % too high?
ZTE's current Earnings Yield (Joel Greenblatt) % of 4.62% is 18% below median its 10-year median of 5.63. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.33. ZTE's value of 4.62% is 98.3% above this industry median. Based on the distribution chart, ZTE ranks #891 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, ZTE has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTE's Earnings Yield (Joel Greenblatt) % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ZTE ranks #891 out of 2492 companies for Earnings Yield (Joel Greenblatt) %. This puts ZTE in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.33. ZTE's value of 4.62% is 98.3% above this benchmark. While the company's 10-year median is 5.63 vs. the industry median of 2.33, ZTE 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. ZTE's current Earnings Yield (Joel Greenblatt) % of 4.62% is 98.3% 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 ZTE 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. ZTE's current Earnings Yield (Joel Greenblatt) % is 4.62%, which is 18% below median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTE stock overvalued right now?
Based on GuruFocus' analysis, ZTE (ZTCOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.40, compared to a current price of $3.00 — trading 11.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.62%, which is 18% below median its 10-year median of 5.63 and 98.3% above the Hardware industry median of 2.33. ZTE's overall GF Score™ is 83/100 with 5 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 ZTE (ZTCOF), the current Earnings Yield (Joel Greenblatt) % is 4.62% 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 ZTE (ZTCOF) Overvalued in 2026?
Based on GuruFocus' analysis, ZTE stock appears to be undervalued.
The current stock price of $3.00 is trading 11.8% below its estimated GF Value™ of $3.40.
GuruFocus considers ZTE to be Modestly Undervalued.
Key valuation signals for ZTCOF:
Earnings Yield (Joel Greenblatt) %: 4.62% (18% below median its 10-year median of 5.63)
GF Value™: $3.40 vs. price of $3.00 (11.8% below fair value)
Industry Position: 98.3% above the Hardware median (#891 of 2492)
No single metric tells the full story. See the ZTCOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers networks, government and corporate business, and consumer business. It operates in three segments Carriers network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.
83GF 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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