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BSP:BLCA11's Earnings Yield (Joel Greenblatt) % is ranked better than 93.85% of 960
companies
in the REITs industry
Industry Median: 3.805
vs BSP:BLCA11: 18.10
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) %. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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.
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) 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.
* 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.
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % Chart
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Earnings Yield (Joel Greenblatt) %
0.00
71.94
18.94
27.70
18.80
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Earnings Yield (Joel Greenblatt) %
0.00
71.94
18.94
27.70
18.80
BSP:BLCA11 vs VICI, WPC: Earnings Yield (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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.
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Earnings Yield (Joel Greenblatt) % vs REITs Industry
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario 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.
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 18.80% mean?
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) has a Earnings Yield (Joel Greenblatt) % of 18.80% 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario and its competitors. This is 43% below median its historical median of 33.10. Over the past decade, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % has ranged from 17.45 to 80.02. According to the industry distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #59 out of 960 companies in the REITs industry, placing it in the top 6.1%.
Is Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % too high?
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Earnings Yield (Joel Greenblatt) % of 18.80% is 43% below median its 10-year median of 33.10. Over the past 10 years, this metric has ranged from a low of 17.45 to a high of 80.02. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.81. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's value of 18.80% is 394.1% above this industry median. Based on the distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #59 out of 960 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #59 out of 960 companies for Earnings Yield (Joel Greenblatt) %. This places Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario in the top 6% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.81. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's value of 18.80% is 394.1% above this benchmark. Historically, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's own Earnings Yield (Joel Greenblatt) % has ranged from 17.45 to 80.02 over the past decade. While the company's 10-year median is 33.10 vs. the industry median of 3.81, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario 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 3.81, 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. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Earnings Yield (Joel Greenblatt) % of 18.80% is 394.1% 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Earnings Yield (Joel Greenblatt) % is 18.80%, which is 43% below median its own 10-year median of 33.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) is currently considered Fairly Valued. The stock's GF Value™ is R$104.17, compared to a current price of R$99.01 — trading 5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.80%, which is 43% below median its 10-year median of 33.10 and 394.1% above the REITs industry median of 3.81. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's overall GF Score™ is 59/100 with 4 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11), the current Earnings Yield (Joel Greenblatt) % is 18.80% 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) Overvalued in 2026?
Based on GuruFocus' analysis, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$99.01 is trading 5% below its estimated GF Value™ of R$104.17.
GuruFocus considers Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario to be Fairly Valued.
Key valuation signals for BSP:BLCA11:
Earnings Yield (Joel Greenblatt) %: 18.80% (43% below median its 10-year median of 33.10)
GF Value™: R$104.17 vs. price of R$99.01 (5% below fair value)
Industry Position: 394.1% above the REITs median (#59 of 960)
No single metric tells the full story. See the BSP:BLCA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario is a real estate investment trust. Its goal is to invest in high quality opportunities, long term assets and businesses where disproportionate growth supported by strong global economic and demographic fundamentals.
59GF Score
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