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CIA Energetica Do Ceara - COELCEBSP:COCE3 -2.37%64 Earnings Yield (Joel Greenblatt) % is 13.07% as of Jun. 2026, which is 6% above its 10-year median of 12.35. GuruFocus rates BSP:COCE3 with a GF Score™ of 64/100 and a GF Value™ of R$32.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 509 Utilities - Regulated companies, CIA Energetica Do Ceara - COELCE ranks better than 82.12% on this metric.
CIA Energetica Do Ceara - COELCE's Enterprise Value for the quarter that ended in Jun. 2026 was R$9,583 Mil.
CIA Energetica Do Ceara - COELCE's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$1,252 Mil. CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 13.07%.
The historical rank and industry rank for CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:COCE3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.25 Med: 12.35 Max: 16.58
Current: 13.42
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CIA Energetica Do Ceara - COELCE was 16.58%. The lowest was 5.25%. And the median was 12.35%.
BSP:COCE3's Earnings Yield (Joel Greenblatt) % is ranked better than 82.12% of 509
companies
in the Utilities - Regulated industry
Industry Median: 6.88
vs BSP:COCE3: 13.42
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) %. CIA Energetica Do Ceara - COELCE's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 40.76%. 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.
CIA Energetica Do Ceara - COELCE (BSP:COCE3) 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.
CIA Energetica Do Ceara - COELCE Earnings Yield (Joel Greenblatt) % Chart
BSP:COCE3 vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, CIA Energetica Do Ceara - COELCE'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.
CIA Energetica Do Ceara - COELCE Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % falls into.
CIA Energetica Do Ceara - COELCE 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.
CIA Energetica Do Ceara - COELCE's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,252 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 13.07% mean?
CIA Energetica Do Ceara - COELCE (BSP:COCE3) has a Earnings Yield (Joel Greenblatt) % of 13.07% 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 CIA Energetica Do Ceara - COELCE and its competitors. This is near median its historical median of 12.35. Over the past decade, CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % has ranged from 5.25 to 16.58. According to the industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #91 out of 509 companies in the Utilities - Regulated industry, placing it in the top 17.9%.
Is CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % too high?
CIA Energetica Do Ceara - COELCE's current Earnings Yield (Joel Greenblatt) % of 13.07% is near median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 16.58. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.88. CIA Energetica Do Ceara - COELCE's value of 13.07% is 90% above this industry median. Based on the distribution chart, CIA Energetica Do Ceara - COELCE ranks #91 out of 509 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CIA Energetica Do Ceara - COELCE has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Energetica Do Ceara - COELCE's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CIA Energetica Do Ceara - COELCE ranks #91 out of 509 companies for Earnings Yield (Joel Greenblatt) %. This places CIA Energetica Do Ceara - COELCE in the top 18% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.88. CIA Energetica Do Ceara - COELCE's value of 13.07% is 90% above this benchmark. Historically, CIA Energetica Do Ceara - COELCE's own Earnings Yield (Joel Greenblatt) % has ranged from 5.25 to 16.58 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 6.88, CIA Energetica Do Ceara - COELCE 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.88, based on 509 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. CIA Energetica Do Ceara - COELCE's current Earnings Yield (Joel Greenblatt) % of 13.07% is 90% 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 CIA Energetica Do Ceara - COELCE and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA Energetica Do Ceara - COELCE's current Earnings Yield (Joel Greenblatt) % is 13.07%, which is near median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Energetica Do Ceara - COELCE stock overvalued right now?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE (BSP:COCE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$32.62, compared to a current price of R$28.80 — trading 11.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 13.07%, which is near median its 10-year median of 12.35 and 90% above the Utilities - Regulated industry median of 6.88. CIA Energetica Do Ceara - COELCE's overall GF Score™ is 64/100 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3), the current Earnings Yield (Joel Greenblatt) % is 13.07% 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE stock appears to be undervalued.
The current stock price of R$28.80 is trading 11.7% below its estimated GF Value™ of R$32.62.
GuruFocus considers CIA Energetica Do Ceara - COELCE to be Modestly Undervalued.
Key valuation signals for BSP:COCE3:
Earnings Yield (Joel Greenblatt) %: 13.07% (near median its 10-year median of 12.35)
GF Value™: R$32.62 vs. price of R$28.80 (11.7% below fair value)
Industry Position: 90% above the Utilities - Regulated median (#91 of 509)
No single metric tells the full story. See the BSP:COCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.
64GF Score
Get the complete analysis for BSP:COCE3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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