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BSP:PMLL11's Earnings Yield (Joel Greenblatt) % is ranked better than 89.3% of 963
companies
in the REITs industry
Industry Median: 3.45
vs BSP:PMLL11: 11.77
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 Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) 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.
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Earnings Yield (Joel Greenblatt) % Chart
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Annual Data
* 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 Malls Fundo de Investimento Imobiliario Responsabilidade Earnings Yield (Joel Greenblatt) % vs REITs Industry
Patria Malls Fundo de Investimento Imobiliario Responsabilidade 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 11.20% mean?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) has a Earnings Yield (Joel Greenblatt) % of 11.20% 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors. This is 89% above median its historical median of 5.92. Over the past decade, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Earnings Yield (Joel Greenblatt) % has ranged from 1.87 to 14.77. According to the industry distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #103 out of 963 companies in the REITs industry, placing it in the top 10.7%.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Earnings Yield (Joel Greenblatt) % too high?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Earnings Yield (Joel Greenblatt) % of 11.20% is 89% above median its 10-year median of 5.92. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 14.77. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.45. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's value of 11.20% is 224.6% above this industry median. Based on the distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #103 out of 963 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Patria Malls Fundo de Investimento Imobiliario Responsabilidade has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Earnings Yield (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #103 out of 963 companies for Earnings Yield (Joel Greenblatt) %. This places Patria Malls Fundo de Investimento Imobiliario Responsabilidade in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.45. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's value of 11.20% is 224.6% above this benchmark. Historically, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's own Earnings Yield (Joel Greenblatt) % has ranged from 1.87 to 14.77 over the past decade. While the company's 10-year median is 5.92 vs. the industry median of 3.45, Patria Malls Fundo de Investimento Imobiliario Responsabilidade 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 3.45, based on 963 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. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Earnings Yield (Joel Greenblatt) % of 11.20% is 224.6% 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Earnings Yield (Joel Greenblatt) % is 11.20%, which is 89% above median its own 10-year median of 5.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock overvalued right now?
Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$126.42, compared to a current price of R$100.50 — trading 20.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.20%, which is 89% above median its 10-year median of 5.92 and 224.6% above the REITs industry median of 3.45. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's overall GF Score™ is 79/100 with 2 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 Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11), the current Earnings Yield (Joel Greenblatt) % is 11.20% 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) Overvalued in 2026?
Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock appears to be undervalued.
The current stock price of R$100.50 is trading 20.5% below its estimated GF Value™ of R$126.42.
GuruFocus considers Patria Malls Fundo de Investimento Imobiliario Responsabilidade to be Modestly Undervalued.
Key valuation signals for BSP:PMLL11:
Earnings Yield (Joel Greenblatt) %: 11.20% (89% above median its 10-year median of 5.92)
GF Value™: R$126.42 vs. price of R$100.50 (20.5% below fair value)
Industry Position: 224.6% above the REITs median (#103 of 963)
No single metric tells the full story. See the BSP:PMLL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd Formerly Malls Brasil Fundo Investimento Imobiliario, formerly Malls Brasil Plural Fundo De Investimento Imobiliario is a Brazalian real estate investment firm. The company is engaged in investing in malls and shopping centres including Maceio Shopping.
79GF Score
Get the complete analysis for BSP:PMLL11
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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