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BSP:SAPI11's Earnings Yield (Joel Greenblatt) % is ranked better than 87.03% of 1634
companies
in the Asset Management industry
Industry Median: 0
vs BSP:SAPI11: 11.29
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.
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.
* 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
What does a Earnings Yield (Joel Greenblatt) % of 11.10% mean?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a Earnings Yield (Joel Greenblatt) % of 11.10% 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. This is 32% above median its historical median of 8.38. Over the past decade, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % has ranged from 7.81 to 11.45. According to the industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #212 out of 1634 companies in the Asset Management industry, placing it in the top 13%.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % too high?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Earnings Yield (Joel Greenblatt) % of 11.10% is 32% above median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 7.81 to a high of 11.45. Based on the distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #212 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #212 out of 1634 companies for Earnings Yield (Joel Greenblatt) %. This places Santander Papeis Imobiliarios Fundo De Investimento Imobiliario in the top 13% of its industry — outperforming the majority of peers. Historically, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's own Earnings Yield (Joel Greenblatt) % has ranged from 7.81 to 11.45 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current Earnings Yield (Joel Greenblatt) % is 11.10%, which is 32% above median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario stock overvalued right now?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a current Earnings Yield (Joel Greenblatt) % of 11.10%. The current Earnings Yield (Joel Greenblatt) % is 11.10%, which is 32% above median its 10-year median of 8.38. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's overall GF Score™ is 17/100 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11), the current Earnings Yield (Joel Greenblatt) % is 11.10% 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Business Description
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is a Real Estate Fund that invests mainly in CRI's (Real Estate Receivables Certificates). The Fund's objective is to seek out businesses with low credit risk, diversifying the allocation in CRIs indexed to the IPCA and/or CDI, in addition to having monthly distribution of dividends.
17GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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