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BTB Real Estate Investment TrustBTBIF -1.07%69 Earnings Yield (Joel Greenblatt) % is 5.83% as of Jun. 2026, which is 17% below its 10-year median of 7.02. GuruFocus rates BTBIF with a GF Score™ of 69/100 and a GF Value™ of $2.34 (Fairly Valued). The stock has 7 warning signs investors should review. Among 960 REITs companies, BTB Real Estate Investment Trust ranks better than 63.96% on this metric.
BTB Real Estate Investment Trust's Enterprise Value for the quarter that ended in Jun. 2026 was $771.80 Mil.
BTB Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $45.01 Mil. BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.83%.
The historical rank and industry rank for BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BTBIF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.38 Med: 7.02 Max: 10.29
Current: 5.82
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of BTB Real Estate Investment Trust was 10.29%. The lowest was 3.38%. And the median was 7.02%.
BTBIF's Earnings Yield (Joel Greenblatt) % is ranked better than 63.96% of 960
companies
in the REITs industry
Industry Median: 3.805
vs BTBIF: 5.82
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) %. BTB Real Estate Investment Trust's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 6.71%. 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 REIT - Office subindustry, BTB Real Estate Investment Trust'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.
BTB Real Estate Investment Trust Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BTB Real Estate Investment Trust'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.
BTB Real Estate Investment Trust'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 $45.01 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.83% mean?
BTB Real Estate Investment Trust (BTBIF) has a Earnings Yield (Joel Greenblatt) % of 5.83% 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 BTB Real Estate Investment Trust and its competitors. This is 17% below median its historical median of 7.02. Over the past decade, BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % has ranged from 3.38 to 10.29. According to the industry distribution chart, BTB Real Estate Investment Trust ranks #346 out of 960 companies in the REITs industry, placing it in the top 36%.
Is BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % too high?
BTB Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % of 5.83% is 17% below median its 10-year median of 7.02. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 10.29. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.81. BTB Real Estate Investment Trust's value of 5.83% is 53.2% above this industry median. Based on the distribution chart, BTB Real Estate Investment Trust ranks #346 out of 960 companies in the REITs industry, which is above the industry midpoint. Overall, BTB Real Estate Investment Trust has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BTB Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, BTB Real Estate Investment Trust ranks #346 out of 960 companies for Earnings Yield (Joel Greenblatt) %. This puts BTB Real Estate Investment Trust in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.81. BTB Real Estate Investment Trust's value of 5.83% is 53.2% above this benchmark. Historically, BTB Real Estate Investment Trust's own Earnings Yield (Joel Greenblatt) % has ranged from 3.38 to 10.29 over the past decade. While the company's 10-year median is 7.02 vs. the industry median of 3.81, BTB Real Estate Investment Trust 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 3.81, based on 960 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. BTB Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % of 5.83% is 53.2% 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 BTB Real Estate Investment Trust and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTB Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % is 5.83%, which is 17% below median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, BTB Real Estate Investment Trust (BTBIF) is currently considered Fairly Valued. The stock's GF Value™ is $2.34, compared to a current price of $2.58 — trading 10.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.83%, which is 17% below median its 10-year median of 7.02 and 53.2% above the REITs industry median of 3.81. BTB Real Estate Investment Trust's overall GF Score™ is 69/100 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 BTB Real Estate Investment Trust (BTBIF), the current Earnings Yield (Joel Greenblatt) % is 5.83% 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 BTB Real Estate Investment Trust (BTBIF) Overvalued in 2026?
Based on GuruFocus' analysis, BTB Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $2.58 is trading 10.3% above its estimated GF Value™ of $2.34.
GuruFocus considers BTB Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for BTBIF:
Earnings Yield (Joel Greenblatt) %: 5.83% (17% below median its 10-year median of 7.02)
GF Value™: $2.34 vs. price of $2.58 (10.3% above fair value)
Industry Position: 53.2% above the REITs median (#346 of 960)
No single metric tells the full story. See the BTBIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTB Real Estate Investment Trust is a real estate investment trust engaged in owning and managing properties across Canada. Its objective is to generate stable monthly cash distributions that are reliable and fiscally beneficial to unitholders by acquiring properties with high occupancy rates and good tenant quality. The company has three operating segments; Industrial, Suburban office, and Necessity-based retail. Suburban office segment generates the majority of the revenue in the form of rental income.
69GF Score
Get the complete analysis for BTBIF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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