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Patria InvestmentsBSP:P2AX34 -0.44%67 Earnings Yield (Joel Greenblatt) % is 4.54% as of Mar. 2026, which is 8% below its 10-year median of 4.96. GuruFocus rates BSP:P2AX34 with a GF Score™ of 67/100 and a GF Value™ of R$34.26 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,635 Asset Management companies, Patria Investments ranks better than 79.39% on this metric.
Patria Investments's Enterprise Value for the quarter that ended in Mar. 2026 was R$6,227 Mil.
Patria Investments's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R$563 Mil. Patria Investments's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.54%.
The historical rank and industry rank for Patria Investments's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BSP:P2AX34'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.22 Med: 4.96 Max: 7.34
Current: 5.14
During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Patria Investments was 7.34%. The lowest was 2.22%. And the median was 4.96%.
BSP:P2AX34's Earnings Yield (Joel Greenblatt) % is ranked better than 79.39% of 1635
companies
in the Asset Management industry
Industry Median: 0
vs BSP:P2AX34: 5.14
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) %. Patria Investments's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.63%. 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.
Patria Investments (BSP:P2AX34) 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.
Patria Investments Earnings Yield (Joel Greenblatt) % Related Terms
Patria Investments Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Patria Investments'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.
Patria Investments Earnings Yield (Joel Greenblatt) % Chart
For the Asset Management subindustry, Patria Investments'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.
Patria Investments Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Patria Investments's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Patria Investments's Earnings Yield (Joel Greenblatt) % falls into.
Patria Investments 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.
Patria Investmentss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Patria Investments'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 R$563 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.54% mean?
Patria Investments (BSP:P2AX34) has a Earnings Yield (Joel Greenblatt) % of 4.54% 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 Patria Investments and its competitors. This is near median its historical median of 4.96. Over the past decade, Patria Investments' Earnings Yield (Joel Greenblatt) % has ranged from 2.22 to 7.34. According to the industry distribution chart, Patria Investments ranks #337 out of 1635 companies in the Asset Management industry, placing it in the top 20.6%.
Is Patria Investments' Earnings Yield (Joel Greenblatt) % too high?
Patria Investments' current Earnings Yield (Joel Greenblatt) % of 4.54% is near median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 7.34. Based on the distribution chart, Patria Investments ranks #337 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Patria Investments has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patria Investments' Earnings Yield (Joel Greenblatt) % compare to GAB and RQI?
According to the Asset Management industry distribution chart, Patria Investments ranks #337 out of 1635 companies for Earnings Yield (Joel Greenblatt) %. This places Patria Investments in the top 21% of its industry — outperforming the majority of peers. Historically, Patria Investments' own Earnings Yield (Joel Greenblatt) % has ranged from 2.22 to 7.34 over the past decade. 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 Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Patria Investments and its competitors. Patria Investments's current Earnings Yield (Joel Greenblatt) % is 4.54%, which is near median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Investments stock overvalued right now?
Based on GuruFocus' analysis, Patria Investments (BSP:P2AX34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.26, compared to a current price of R$27.13 — trading 20.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.54%, which is near median its 10-year median of 4.96. Patria Investments' overall GF Score™ is 67/100 with 7 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 Patria Investments (BSP:P2AX34), the current Earnings Yield (Joel Greenblatt) % is 4.54% 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 Patria Investments (BSP:P2AX34) Overvalued in 2026?
Based on GuruFocus' analysis, Patria Investments stock appears to be undervalued.
The current stock price of R$27.13 is trading 20.8% below its estimated GF Value™ of R$34.26.
GuruFocus considers Patria Investments to be Modestly Undervalued.
Key valuation signals for BSP:P2AX34:
Earnings Yield (Joel Greenblatt) %: 4.54% (near median its 10-year median of 4.96)
GF Value™: R$34.26 vs. price of R$27.13 (20.8% below fair value)
No single metric tells the full story. See the BSP:P2AX34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patria Investments Ltd is an alternative asset management firm specializing in resilient sectors across select regions. It seeks to provide world-wide and Latin American investors with attractive investment products that allows portfolio diversification and consistent returns. The group promotes inclusive and sustainable development in the Asset Classes: Private Equity, Private Equity Solutions, Credit, Real Estate, Infrastructure, and Public Equities Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services Investment Regions.
67GF Score
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