Thessaloniki Port Authority (ATH:OLTH) Earnings Yield (Joel Greenblatt) %: 13.50% (As of Dec. 2025) — Near Median

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ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
95 GF Score
Price €38.60
GF Value €31.76
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) %?

Thessaloniki Port Authority ATH:OLTH +0.78% 95 Earnings Yield (Joel Greenblatt) % is 13.50% as of Dec. 2025, which is 2% below its 10-year median of 13.79. GuruFocus rates ATH:OLTH with a GF Score™ of 95/100 and a GF Value™ of €31.76 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,024 Transportation companies, Thessaloniki Port Authority ranks better than 80.08% on this metric.

Thessaloniki Port Authority's Enterprise Value for the quarter that ended in Dec. 2025 was €311.0 Mil. Thessaloniki Port Authority's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €42.0 Mil. Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 13.50%.

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

ATH:OLTH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.85   Med: 13.79   Max: 25.93
Current: 13.63

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thessaloniki Port Authority was 25.93%. The lowest was 5.85%. And the median was 13.79%.

ATH:OLTH's Earnings Yield (Joel Greenblatt) % is ranked better than
80.08% of 1024 companies
in the Transportation industry
Industry Median: 6.78 vs ATH:OLTH: 13.63

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) %. Thessaloniki Port Authority's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 14.01%. 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.


Thessaloniki Port Authority  (ATH:OLTH) 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.


Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) % Related Terms


Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) % Chart

Thessaloniki Port Authority Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.14 14.20 15.41 25.25 13.50

Thessaloniki Port Authority Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 15.41 0.00 25.25 0.00 13.50

Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) % falls into.


ATH:OLTH
95GF Score
Thessaloniki Port Authority SA ATH:OLTH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thessaloniki Port Authority 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.

Thessaloniki Port Authoritys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=41.959/311.04
=13.49 %

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 13.50% mean?
Thessaloniki Port Authority (ATH:OLTH) has a Earnings Yield (Joel Greenblatt) % of 13.50% 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 Thessaloniki Port Authority and its competitors. This is near median its historical median of 13.79. Over the past decade, Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) % has ranged from 5.85 to 25.93. According to the industry distribution chart, Thessaloniki Port Authority ranks #204 out of 1024 companies in the Transportation industry, placing it in the top 19.9%.
Is Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) % too high?
Thessaloniki Port Authority's current Earnings Yield (Joel Greenblatt) % of 13.50% is near median its 10-year median of 13.79. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 25.93. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.78. Thessaloniki Port Authority's value of 13.50% is 99.1% above this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #204 out of 1024 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Thessaloniki Port Authority has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #204 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This places Thessaloniki Port Authority in the top 20% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.78. Thessaloniki Port Authority's value of 13.50% is 99.1% above this benchmark. Historically, Thessaloniki Port Authority's own Earnings Yield (Joel Greenblatt) % has ranged from 5.85 to 25.93 over the past decade. While the company's 10-year median is 13.79 vs. the industry median of 6.78, Thessaloniki Port Authority 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.78, based on 1,024 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. Thessaloniki Port Authority's current Earnings Yield (Joel Greenblatt) % of 13.50% is 99.1% 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 Thessaloniki Port Authority and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Earnings Yield (Joel Greenblatt) % is 13.50%, which is near median its own 10-year median of 13.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.76, compared to a current price of €38.60 — trading 21.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 13.50%, which is near median its 10-year median of 13.79 and 99.1% above the Transportation industry median of 6.78. Thessaloniki Port Authority's overall GF Score™ is 95/100 with 3 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 Thessaloniki Port Authority (ATH:OLTH), the current Earnings Yield (Joel Greenblatt) % is 13.50% 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 Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued. The current stock price of €38.60 is trading 21.5% above its estimated GF Value™ of €31.76. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • Earnings Yield (Joel Greenblatt) %: 13.50% (near median its 10-year median of 13.79)
  • GF Value™: €31.76 vs. price of €38.60 (21.5% above fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 99.1% above the Transportation median (#204 of 1024)

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


Thessaloniki Port Authority Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
95GF Score

Get the complete analysis for ATH:OLTH

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

€38.60
Price
€31.76
GF Value