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Hapvida Participacoes InvestimentoBSP:HAPV3 +7.39%67 Earnings Yield (Joel Greenblatt) % is 21.37% as of Jun. 2026, which is 574% above its 10-year median of 3.17. GuruFocus rates BSP:HAPV3 with a GF Score™ of 67/100 and a GF Value™ of R$42.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 511 Insurance companies, Hapvida Participacoes Investimento ranks better than 89.63% on this metric.
The historical rank and industry rank for Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:HAPV3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.31 Med: 3.17 Max: 24.81
Current: 24.81
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Hapvida Participacoes Investimento was 24.81%. The lowest was 0.31%. And the median was 3.17%.
BSP:HAPV3's Earnings Yield (Joel Greenblatt) % is ranked better than 89.63% of 511
companies
in the Insurance industry
Industry Median: 6.96
vs BSP:HAPV3: 24.81
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) %. Hapvida Participacoes Investimento's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 32.85%. 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 Insurance - Life subindustry, Hapvida Participacoes Investimento'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.
Hapvida Participacoes Investimento Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Hapvida Participacoes Investimento'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$2,671 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 21.37% mean?
Hapvida Participacoes Investimento (BSP:HAPV3) has a Earnings Yield (Joel Greenblatt) % of 21.37% 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 Hapvida Participacoes Investimento and its competitors. This is 574% above median its historical median of 3.17. Over the past decade, Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % has ranged from 0.31 to 24.81. According to the industry distribution chart, Hapvida Participacoes Investimento ranks #53 out of 511 companies in the Insurance industry, placing it in the top 10.4%.
Is Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % too high?
Hapvida Participacoes Investimento's current Earnings Yield (Joel Greenblatt) % of 21.37% is 574% above median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 24.81. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 6.96. Hapvida Participacoes Investimento's value of 21.37% is 207% above this industry median. Based on the distribution chart, Hapvida Participacoes Investimento ranks #53 out of 511 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Hapvida Participacoes Investimento has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % compare to AFL and MET?
According to the Insurance industry distribution chart, Hapvida Participacoes Investimento ranks #53 out of 511 companies for Earnings Yield (Joel Greenblatt) %. This places Hapvida Participacoes Investimento in the top 10% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.96. Hapvida Participacoes Investimento's value of 21.37% is 207% above this benchmark. Historically, Hapvida Participacoes Investimento's own Earnings Yield (Joel Greenblatt) % has ranged from 0.31 to 24.81 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 6.96, Hapvida Participacoes Investimento 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 Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 6.96, based on 511 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. Hapvida Participacoes Investimento's current Earnings Yield (Joel Greenblatt) % of 21.37% is 207% 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 Hapvida Participacoes Investimento and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hapvida Participacoes Investimento's current Earnings Yield (Joel Greenblatt) % is 21.37%, which is 574% above median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapvida Participacoes Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento (BSP:HAPV3) is currently considered Possible Value Trap. The stock's GF Value™ is R$42.51, compared to a current price of R$6.54 — trading 84.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 21.37%, which is 574% above median its 10-year median of 3.17 and 207% above the Insurance industry median of 6.96. Hapvida Participacoes Investimento's overall GF Score™ is 67/100 with 5 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 Hapvida Participacoes Investimento (BSP:HAPV3), the current Earnings Yield (Joel Greenblatt) % is 21.37% 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 Hapvida Participacoes Investimento (BSP:HAPV3) Overvalued in 2026?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento stock appears to be undervalued.
The current stock price of R$6.54 is trading 84.6% below its estimated GF Value™ of R$42.51.
GuruFocus considers Hapvida Participacoes Investimento to be Possible Value Trap.
Key valuation signals for BSP:HAPV3:
Earnings Yield (Joel Greenblatt) %: 21.37% (574% above median its 10-year median of 3.17)
GF Value™: R$42.51 vs. price of R$6.54 (84.6% below fair value)
Industry Position: 207% above the Insurance median (#53 of 511)
No single metric tells the full story. See the BSP:HAPV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The company and its subsidiaries are mainly engaged in the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and the sale of dental insurance plans for services provided by an accredited network.
67GF Score
Get the complete analysis for BSP:HAPV3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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