Garda Property Group (ASX:GDF) Earnings Yield (Joel Greenblatt) %: 13.37% (As of Jun. 2026) — 55% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:GDF Garda Property Group ASX:GDF
39 GF Score
Price A$1.02
GF Value A$0.81
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Garda Property Group Earnings Yield (Joel Greenblatt) %?

Garda Property Group ASX:GDF 39 Earnings Yield (Joel Greenblatt) % is 13.37% as of Jun. 2026, which is 55% above its 10-year median of 8.61. GuruFocus rates ASX:GDF with a GF Score™ of 39/100 and a GF Value™ of A$0.81 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,827 Real Estate companies, Garda Property Group ranks better than 84.29% on this metric.

Garda Property Group's Enterprise Value for the quarter that ended in Jun. 2026 was A$232.97 Mil. Garda Property Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was A$31.15 Mil. Garda Property Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 13.37%.

The historical rank and industry rank for Garda Property Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

ASX:GDF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.17   Med: 8.61   Max: 28.79
Current: 13.5

During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Garda Property Group was 28.79%. The lowest was -8.17%. And the median was 8.61%.

ASX:GDF's Earnings Yield (Joel Greenblatt) % is ranked better than
84.29% of 1827 companies
in the Real Estate industry
Industry Median: 4.92 vs ASX:GDF: 13.50

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) %. Garda Property Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


Garda Property Group  (ASX:GDF) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Garda Property Group Earnings Yield (Joel Greenblatt) % Related Terms


Garda Property Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Garda Property 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.

Garda Property Group Earnings Yield (Joel Greenblatt) % Chart

Garda Property Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.84 0.31 -8.45 0.40 13.37

Garda Property Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.45 0.00 0.40 0.00 13.37

ASX:GDF vs CBRE, BEKE, JLL: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, Garda Property 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.


Garda Property Group Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Garda Property Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Garda Property Group's Earnings Yield (Joel Greenblatt) % falls into.


ASX:GDF
39GF Score
Garda Property Group ASX:GDF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garda Property 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.

Garda Property Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=31.149/232.97255
=13.37 %

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 13.37% mean?
Garda Property Group (ASX:GDF) has a Earnings Yield (Joel Greenblatt) % of 13.37% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Garda Property Group and its competitors. This is 55% above median its historical median of 8.61. According to the industry distribution chart, Garda Property Group ranks #287 out of 1827 companies in the Real Estate industry, placing it in the top 15.7%.
Is Garda Property Group's Earnings Yield (Joel Greenblatt) % too high?
Garda Property Group's current Earnings Yield (Joel Greenblatt) % of 13.37% is 55% above median its 10-year median of 8.61. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.92. Garda Property Group's value of 13.37% is 171.7% above this industry median. Based on the distribution chart, Garda Property Group ranks #287 out of 1827 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Garda Property Group has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garda Property Group's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Garda Property Group ranks #287 out of 1827 companies for Earnings Yield (Joel Greenblatt) %. This places Garda Property Group in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.92. Garda Property Group's value of 13.37% is 171.7% above this benchmark. While the company's 10-year median is 8.61 vs. the industry median of 4.92, Garda Property Group 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.92, based on 1,827 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. Garda Property Group's current Earnings Yield (Joel Greenblatt) % of 13.37% is 171.7% 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 Garda Property Group and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garda Property Group's current Earnings Yield (Joel Greenblatt) % is 13.37%, which is 55% above median its own 10-year median of 8.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garda Property Group stock overvalued right now?
Based on GuruFocus' analysis, Garda Property Group (ASX:GDF) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.81, compared to a current price of A$1.02 — trading 25.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 13.37%, which is 55% above median its 10-year median of 8.61 and 171.7% above the Real Estate industry median of 4.92. Garda Property Group's overall GF Score™ is 39/100 with 7 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 Garda Property Group (ASX:GDF), the current Earnings Yield (Joel Greenblatt) % is 13.37% as of Jun. 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 Garda Property Group (ASX:GDF) Overvalued in 2026?

Based on GuruFocus' analysis, Garda Property Group stock appears to be overvalued. The current stock price of A$1.02 is trading 25.9% above its estimated GF Value™ of A$0.81. GuruFocus considers Garda Property Group to be Modestly Overvalued.

Key valuation signals for ASX:GDF:

  • Earnings Yield (Joel Greenblatt) %: 13.37% (55% above median its 10-year median of 8.61)
  • GF Value™: A$0.81 vs. price of A$1.02 (25.9% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 171.7% above the Real Estate median (#287 of 1827)

No single metric tells the full story. See the ASX:GDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garda Property Group Business Description

Address 12 Creek Street, Level 21, Brisbane, QLD, AUS, 4000
Garda Property Group invests in commercial and industrial properties and other assets by the provisions of Its constitution. The company's operating segment includes Direct investment, Debt investment, and Funds management. It generates maximum revenue from the Direct investment segment in the form of rental income. The Direct investment segment includes investment in Australian commercial and industrial property.
39GF Score

Get the complete analysis for ASX:GDF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.02
Price
A$0.81
GF Value