Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aims Property Securities FundASX:APW 37 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates ASX:APW with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 960 REITs companies, Aims Property Securities Fund ranks worse than 92.5% on this metric.
Aims Property Securities Fund's Enterprise Value for the quarter that ended in Dec. 2025 was A$137.62 Mil.
Aims Property Securities Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.29 Mil. Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASX:APW'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.31 Med: 0 Max: 0
Current: -1.31
ASX:APW's Earnings Yield (Joel Greenblatt) % is ranked worse than 92.5% of 960
companies
in the REITs industry
Industry Median: 3.4
vs ASX:APW: -1.31
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) %. Aims Property Securities Fund'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.
* 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.
Aims Property Securities Fund Earnings Yield (Joel Greenblatt) % Chart
For the REIT - Diversified subindustry, Aims Property Securities Fund'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.
Aims Property Securities Fund Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) % falls into.
Aims Property Securities Fund 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.
Aims Property Securities Funds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 0.00% mean?
Aims Property Securities Fund (ASX:APW) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 Aims Property Securities Fund and its competitors. According to the industry distribution chart, Aims Property Securities Fund ranks #888 out of 960 companies in the REITs industry, placing it in the top 92.5%.
Is Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) % too high?
Aims Property Securities Fund's current Earnings Yield (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Aims Property Securities Fund ranks #888 out of 960 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Aims Property Securities Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Aims Property Securities Fund's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Aims Property Securities Fund ranks #888 out of 960 companies for Earnings Yield (Joel Greenblatt) %. This places Aims Property Securities Fund in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.40. 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 REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.40, based on 960 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. 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 Aims Property Securities Fund and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aims Property Securities Fund's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aims Property Securities Fund stock overvalued right now?
Aims Property Securities Fund (ASX:APW) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Aims Property Securities Fund's overall GF Score™ is 37/100 with 1 warning sign 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 Aims Property Securities Fund (ASX:APW), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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.
Aims Property Securities Fund Business Description
Aims Property Securities Fund is an Australia-based diversified real estate securities fund listed on the Australian Securities Exchange (ASX). It invests prominently in listed and unlisted property trusts, listed property-related companies, and mortgage funds across various property sectors and geographic locations. The fund aims to provide investors with regular quarterly income and long-term capital growth potential. It maintains a portfolio managed by multiple fund managers and follows prudent investment principles emphasizing conservative gearing and liquidity. Revenue is generated through income distributions and capital appreciation of its property investments.
37GF Score
Get the complete analysis for ASX:APW
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:APW has been successfully added to your 
