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.
BWP GroupASX:BWP +0.51%57 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates ASX:BWP with a GF Score™ of 57/100 and a GF Value™ of A$2.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 969 REITs companies, BWP Group ranks better than 69.35% on this metric.
BWP Group's Enterprise Value for the quarter that ended in Dec. 2025 was A$3,780.1 Mil.
BWP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$242.7 Mil. BWP Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for BWP Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASX:BWP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.88 Med: 8.2 Max: 18.37
Current: 6.08
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of BWP Group was 18.37%. The lowest was 1.88%. And the median was 8.20%.
ASX:BWP's Earnings Yield (Joel Greenblatt) % is ranked better than 69.35% of 969
companies
in the REITs industry
Industry Median: 3.47
vs ASX:BWP: 6.08
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) %. BWP Group'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.
BWP Group (ASX:BWP) 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.
BWP Group Earnings Yield (Joel Greenblatt) % Related Terms
BWP Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for BWP Group'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.
BWP Group Earnings Yield (Joel Greenblatt) % Chart
For the REIT - Industrial subindustry, BWP Group'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.
BWP Group Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, BWP Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BWP Group's Earnings Yield (Joel Greenblatt) % falls into.
BWP Group 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.
BWP Groups 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?
BWP Group (ASX:BWP) 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 BWP Group and its competitors. Over the past decade, BWP Group's Earnings Yield (Joel Greenblatt) % has ranged from 1.88 to 18.37. According to the industry distribution chart, BWP Group ranks #297 out of 969 companies in the REITs industry, placing it in the top 30.7%.
Is BWP Group's Earnings Yield (Joel Greenblatt) % too high?
BWP Group's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 18.37. Based on the distribution chart, BWP Group ranks #297 out of 969 companies in the REITs industry, which is above the industry midpoint. Overall, BWP Group has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BWP Group's Earnings Yield (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, BWP Group ranks #297 out of 969 companies for Earnings Yield (Joel Greenblatt) %. This puts BWP Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.47. Historically, BWP Group's own Earnings Yield (Joel Greenblatt) % has ranged from 1.88 to 18.37 over the past decade. 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 3.47, based on 969 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 BWP Group and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWP Group'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 BWP Group stock overvalued right now?
Based on GuruFocus' analysis, BWP Group (ASX:BWP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.04, compared to a current price of A$3.89 — trading 90.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. BWP Group's overall GF Score™ is 57/100 with 6 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 BWP Group (ASX:BWP), 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.
Is BWP Group (ASX:BWP) Overvalued in 2026?
Based on GuruFocus' analysis, BWP Group stock appears to be overvalued.
The current stock price of A$3.89 is trading 90.7% above its estimated GF Value™ of A$2.04.
GuruFocus considers BWP Group to be Significantly Overvalued.
Key valuation signals for ASX:BWP:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: A$2.04 vs. price of A$3.89 (90.7% above fair value)
No single metric tells the full story. See the ASX:BWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWP Group is an Australian REIT focused on owning warehouse or bulky goods retailing properties with relatively large sites and high visibility and access to arterial roads. The portfolio of properties it owns is diversified across most Australian states and is on long-term leases to Australia's dominant home improvement chain: Bunnings Group. Bunnings is a wholly owned subsidiary of Wesfarmers, a top-10 ASX-listed company by market capitalization. Wesfarmers owns 23% of BWP units.
57GF Score
Get the complete analysis for ASX:BWP
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:BWP has been successfully added to your 
