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BSP:VISC11's Earnings Yield (Joel Greenblatt) % is ranked better than 54.21% of 961
companies
in the REITs industry
Industry Median: 3.48
vs BSP:VISC11: 3.81
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) %. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 19.36%. 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.
BSP:VISC11 vs SPG, O, KIM: Earnings Yield (Joel Greenblatt) % Comparison
For the REIT - Retail subindustry, Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.
Vinci Shopping Centers Fundo Investimento Imobiliario-FII Earnings Yield (Joel Greenblatt) % vs REITs 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.
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 3.56% mean?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) has a Earnings Yield (Joel Greenblatt) % of 3.56% 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. This is 67% below median its historical median of 10.78. Over the past decade, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Earnings Yield (Joel Greenblatt) % has ranged from 2.02 to 49.99. According to the industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #440 out of 961 companies in the REITs industry, placing it in the top 45.8%.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Earnings Yield (Joel Greenblatt) % too high?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Earnings Yield (Joel Greenblatt) % of 3.56% is 67% below median its 10-year median of 10.78. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 49.99. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.48. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 3.56% is 2.3% above this industry median. Based on the distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #440 out of 961 companies in the REITs industry, which is above the industry midpoint. Overall, Vinci Shopping Centers Fundo Investimento Imobiliario-FII has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Earnings Yield (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #440 out of 961 companies for Earnings Yield (Joel Greenblatt) %. This puts Vinci Shopping Centers Fundo Investimento Imobiliario-FII in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.48. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 3.56% is 2.3% above this benchmark. Historically, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's own Earnings Yield (Joel Greenblatt) % has ranged from 2.02 to 49.99 over the past decade. While the company's 10-year median is 10.78 vs. the industry median of 3.48, Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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 3.48, based on 961 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. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Earnings Yield (Joel Greenblatt) % of 3.56% is 2.3% 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Earnings Yield (Joel Greenblatt) % is 3.56%, which is 67% below median its own 10-year median of 10.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock overvalued right now?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$115.97, compared to a current price of R$102.79 — trading 11.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.56%, which is 67% below median its 10-year median of 10.78 and 2.3% above the REITs industry median of 3.48. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's overall GF Score™ is 76/100 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11), the current Earnings Yield (Joel Greenblatt) % is 3.56% 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Overvalued in 2026?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock appears to be undervalued.
The current stock price of R$102.79 is trading 11.4% below its estimated GF Value™ of R$115.97.
GuruFocus considers Vinci Shopping Centers Fundo Investimento Imobiliario-FII to be Modestly Undervalued.
Key valuation signals for BSP:VISC11:
Earnings Yield (Joel Greenblatt) %: 3.56% (67% below median its 10-year median of 10.78)
GF Value™: R$115.97 vs. price of R$102.79 (11.4% below fair value)
Industry Position: 2.3% above the REITs median (#440 of 961)
No single metric tells the full story. See the BSP:VISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.
76GF Score
Get the complete analysis for BSP:VISC11
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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