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CapexBUE:CAPX -4.23%68 Earnings Yield (Joel Greenblatt) % is 8.71% as of Apr. 2026, which is 18% below its 10-year median of 10.65. GuruFocus rates BUE:CAPX with a GF Score™ of 68/100 and a GF Value™ of ARS7,310.20 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,040 Oil & Gas companies, Capex ranks better than 72.4% on this metric.
Capex's Enterprise Value for the quarter that ended in Apr. 2026 was ARS1,375,313 Mil.
Capex's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was ARS127,802 Mil. Capex's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 8.71%.
The historical rank and industry rank for Capex's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BUE:CAPX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.74 Med: 10.65 Max: 66.61
Current: 10.58
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Capex was 66.61%. The lowest was -7.74%. And the median was 10.65%.
BUE:CAPX's Earnings Yield (Joel Greenblatt) % is ranked better than 72.4% of 1040
companies
in the Oil & Gas industry
Industry Median: 5.245
vs BUE:CAPX: 10.58
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) %. Capex's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 17.24%. 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.
Capex Earnings Yield (Joel Greenblatt) % Related Terms
Capex Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Capex'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.
For the Oil & Gas E&P subindustry, Capex'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.
Capex Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Capex's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Capex'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.
Capexs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2026 is calculated as
Capex's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS127,802 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.71% mean?
Capex (BUE:CAPX) has a Earnings Yield (Joel Greenblatt) % of 8.71% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Capex and its competitors. This is 18% below median its historical median of 10.65. According to the industry distribution chart, Capex ranks #287 out of 1040 companies in the Oil & Gas industry, placing it in the top 27.6%.
Is Capex's Earnings Yield (Joel Greenblatt) % too high?
Capex's current Earnings Yield (Joel Greenblatt) % of 8.71% is 18% below median its 10-year median of 10.65. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.25. Capex's value of 8.71% is 66.1% above this industry median. Based on the distribution chart, Capex ranks #287 out of 1040 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Capex has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capex's Earnings Yield (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Capex ranks #287 out of 1040 companies for Earnings Yield (Joel Greenblatt) %. This puts Capex in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.25. Capex's value of 8.71% is 66.1% above this benchmark. While the company's 10-year median is 10.65 vs. the industry median of 5.25, Capex 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.25, based on 1,040 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. Capex's current Earnings Yield (Joel Greenblatt) % of 8.71% is 66.1% 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 Capex and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capex's current Earnings Yield (Joel Greenblatt) % is 8.71%, which is 18% below median its own 10-year median of 10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capex stock overvalued right now?
Based on GuruFocus' analysis, Capex (BUE:CAPX) is currently considered Possible Value Trap. The stock's GF Value™ is ARS7,310.20, compared to a current price of ARS3,510.00 — trading 52% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.71%, which is 18% below median its 10-year median of 10.65 and 66.1% above the Oil & Gas industry median of 5.25. Capex's overall GF Score™ is 68/100 with 9 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 Capex (BUE:CAPX), the current Earnings Yield (Joel Greenblatt) % is 8.71% as of Apr. 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 Capex (BUE:CAPX) Overvalued in 2026?
Based on GuruFocus' analysis, Capex stock appears to be undervalued.
The current stock price of ARS3,510.00 is trading 52% below its estimated GF Value™ of ARS7,310.20.
GuruFocus considers Capex to be Possible Value Trap.
Key valuation signals for BUE:CAPX:
Earnings Yield (Joel Greenblatt) %: 8.71% (18% below median its 10-year median of 10.65)
GF Value™: ARS7,310.20 vs. price of ARS3,510.00 (52% below fair value)
Industry Position: 66.1% above the Oil & Gas median (#287 of 1040)
No single metric tells the full story. See the BUE:CAPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capex SA is an Argentina based company predominantly engaged in generation of electricity. It operates in the business segments of Oil and Gas which consists the exploration, production and sale of oil and gas, Energy which is engaged in electric power generation, LPG which involves the production and sale of gas derived liquid fuel, and Renewable energies segment which consists of wind electric power generation activities, Hydrogen Energy which involves generation of electric power with hydrogen activities, and Oxygen which includes the oxygen production and sale operations. It derives a majority of the revenue from the Oil and Gas segment.
68GF Score
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