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BKK:MII's Earnings Yield (Joel Greenblatt) % is ranked better than 88.54% of 960
companies
in the REITs industry
Industry Median: 3.465
vs BKK:MII: 11.37
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) %. MFC Industrial Investment Freehold and Leasehold REIT's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 9.85%. 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.
For the REIT - Diversified subindustry, MFC Industrial Investment Freehold and Leasehold REIT'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.
MFC Industrial Investment Freehold and Leasehold REIT Earnings Yield (Joel Greenblatt) % vs REITs Industry
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
MFC Industrial Investment Freehold and Leasehold REIT'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 ฿141.1 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 14.39% mean?
MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) has a Earnings Yield (Joel Greenblatt) % of 14.39% 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 MFC Industrial Investment Freehold and Leasehold REIT and its competitors. This is 62% above median its historical median of 8.86. Over the past decade, MFC Industrial Investment Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % has ranged from 1.36 to 15.80. According to the industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #110 out of 960 companies in the REITs industry, placing it in the top 11.5%.
Is MFC Industrial Investment Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % too high?
MFC Industrial Investment Freehold and Leasehold REIT's current Earnings Yield (Joel Greenblatt) % of 14.39% is 62% above median its 10-year median of 8.86. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 15.80. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.47. MFC Industrial Investment Freehold and Leasehold REIT's value of 14.39% is 315.3% above this industry median. Based on the distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #110 out of 960 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, MFC Industrial Investment Freehold and Leasehold REIT has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MFC Industrial Investment Freehold and Leasehold REIT's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, MFC Industrial Investment Freehold and Leasehold REIT ranks #110 out of 960 companies for Earnings Yield (Joel Greenblatt) %. This places MFC Industrial Investment Freehold and Leasehold REIT in the top 12% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.47. MFC Industrial Investment Freehold and Leasehold REIT's value of 14.39% is 315.3% above this benchmark. Historically, MFC Industrial Investment Freehold and Leasehold REIT's own Earnings Yield (Joel Greenblatt) % has ranged from 1.36 to 15.80 over the past decade. While the company's 10-year median is 8.86 vs. the industry median of 3.47, MFC Industrial Investment Freehold and Leasehold REIT 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 REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.47, 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. MFC Industrial Investment Freehold and Leasehold REIT's current Earnings Yield (Joel Greenblatt) % of 14.39% is 315.3% 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 MFC Industrial Investment Freehold and Leasehold REIT 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. MFC Industrial Investment Freehold and Leasehold REIT's current Earnings Yield (Joel Greenblatt) % is 14.39%, which is 62% above median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFC Industrial Investment Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.21, compared to a current price of ฿6.45 — trading 3.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 14.39%, which is 62% above median its 10-year median of 8.86 and 315.3% above the REITs industry median of 3.47. MFC Industrial Investment Freehold and Leasehold REIT's overall GF Score™ is 65/100 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII), the current Earnings Yield (Joel Greenblatt) % is 14.39% 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 MFC Industrial Investment Freehold and Leasehold REIT (BKK:MII) Overvalued in 2026?
Based on GuruFocus' analysis, MFC Industrial Investment Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.45 is trading 3.9% above its estimated GF Value™ of ฿6.21.
GuruFocus considers MFC Industrial Investment Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:MII:
Earnings Yield (Joel Greenblatt) %: 14.39% (62% above median its 10-year median of 8.86)
GF Value™: ฿6.21 vs. price of ฿6.45 (3.9% above fair value)
Industry Position: 315.3% above the REITs median (#110 of 960)
No single metric tells the full story. See the BKK:MII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MFC Industrial Investment Freehold and Leasehold REIT is a close-ended property fund with no maturity date. Its objective of supporting the conversion from a Fund and to raise funds to invest in real estate or accept the transfer of leasehold rights to real estate, sub-leasehold rights to real estate, including movable properties and equipment related to operations and to generate benefits from real estate. The Trust has operated under one geographical activity for segment information which is the rental of properties in Thailand.
65GF Score
Get the complete analysis for BKK:MII
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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