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Allwyn AGATH:ALWN +1.79%72 Earnings Yield (Joel Greenblatt) % is 4.13% as of Mar. 2026, which is 51% below its 10-year median of 8.45. GuruFocus rates ATH:ALWN with a GF Score™ of 72/100 and a GF Value™ of €20.67 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 857 Travel & Leisure companies, Allwyn AG ranks worse than 54.96% on this metric.
Allwyn AG's Enterprise Value for the quarter that ended in Mar. 2026 was €16,919 Mil.
Allwyn AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €698 Mil. Allwyn AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.13%.
The historical rank and industry rank for Allwyn AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ATH:ALWN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.01 Med: 8.45 Max: 15.62
Current: 4.01
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Allwyn AG was 15.62%. The lowest was 4.01%. And the median was 8.45%.
ATH:ALWN's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.96% of 857
companies
in the Travel & Leisure industry
Industry Median: 4.8
vs ATH:ALWN: 4.01
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) %. Allwyn AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 22.55%. 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.
Allwyn AG (ATH:ALWN) 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.
Allwyn AG Earnings Yield (Joel Greenblatt) % Related Terms
Allwyn AG Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Allwyn AG'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.
Allwyn AG Earnings Yield (Joel Greenblatt) % Chart
For the Gambling subindustry, Allwyn AG'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.
Allwyn AG Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Allwyn AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Allwyn AG's Earnings Yield (Joel Greenblatt) % falls into.
Allwyn AG 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.
Allwyn AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Allwyn AG'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 €698 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.13% mean?
Allwyn AG (ATH:ALWN) has a Earnings Yield (Joel Greenblatt) % of 4.13% 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 Allwyn AG and its competitors. This is 51% below median its historical median of 8.45. Over the past decade, Allwyn AG's Earnings Yield (Joel Greenblatt) % has ranged from 4.01 to 15.62. According to the industry distribution chart, Allwyn AG ranks #471 out of 857 companies in the Travel & Leisure industry, placing it in the top 55%.
Is Allwyn AG's Earnings Yield (Joel Greenblatt) % too high?
Allwyn AG's current Earnings Yield (Joel Greenblatt) % of 4.13% is 51% below median its 10-year median of 8.45. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 15.62. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.80. Allwyn AG's value of 4.13% is 14% below this industry median. Based on the distribution chart, Allwyn AG ranks #471 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Allwyn AG has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Allwyn AG's Earnings Yield (Joel Greenblatt) % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Allwyn AG ranks #471 out of 857 companies for Earnings Yield (Joel Greenblatt) %. This places Allwyn AG in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.80. Allwyn AG's value of 4.13% is 14% below this benchmark. Historically, Allwyn AG's own Earnings Yield (Joel Greenblatt) % has ranged from 4.01 to 15.62 over the past decade. While the company's 10-year median is 8.45 vs. the industry median of 4.80, Allwyn AG has consistently been below 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 Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.80, based on 857 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. Allwyn AG's current Earnings Yield (Joel Greenblatt) % of 4.13% is 14% below 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 Allwyn AG and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allwyn AG's current Earnings Yield (Joel Greenblatt) % is 4.13%, which is 51% below median its own 10-year median of 8.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allwyn AG stock overvalued right now?
Based on GuruFocus' analysis, Allwyn AG (ATH:ALWN) is currently considered Possible Value Trap. The stock's GF Value™ is €20.67, compared to a current price of €13.68 — trading 33.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.13%, which is 51% below median its 10-year median of 8.45 and 14% below the Travel & Leisure industry median of 4.80. Allwyn AG's overall GF Score™ is 72/100 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 Allwyn AG (ATH:ALWN), the current Earnings Yield (Joel Greenblatt) % is 4.13% 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 Allwyn AG (ATH:ALWN) Overvalued in 2026?
Based on GuruFocus' analysis, Allwyn AG stock appears to be undervalued.
The current stock price of €13.68 is trading 33.8% below its estimated GF Value™ of €20.67.
GuruFocus considers Allwyn AG to be Possible Value Trap.
Key valuation signals for ATH:ALWN:
Earnings Yield (Joel Greenblatt) %: 4.13% (51% below median its 10-year median of 8.45)
GF Value™: €20.67 vs. price of €13.68 (33.8% below fair value)
Industry Position: 14% below the Travel & Leisure median (#471 of 857)
No single metric tells the full story. See the ATH:ALWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Allwyn AG, formerly known as OPAP Holding SA, is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, Other online games, Instant and Passives, VLTs, Telecommunication and eMoney services. It generates the majority of its revenue from the Lotteries segment. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.
72GF Score
Get the complete analysis for ATH:ALWN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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