Axfood ABCHIX:AXFOS -0.58%85 Earnings Yield (Joel Greenblatt) % is 4.33% as of Mar. 2026, which is 13% below its 10-year median of 4.95. GuruFocus rates CHIX:AXFOS with a GF Score™ of 85/100 and a GF Value™ of kr287.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 316 Retail - Defensive companies, Axfood AB ranks worse than 58.86% on this metric.
Axfood AB's Enterprise Value for the quarter that ended in Mar. 2026 was kr83,127 Mil.
Axfood AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr3,704 Mil. Axfood AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.33%.
The historical rank and industry rank for Axfood AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:AXFOs'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.87 Med: 4.95 Max: 7.21
Current: 5.03
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Axfood AB was 7.21%. The lowest was 3.87%. And the median was 4.95%.
CHIX:AXFOs's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.86% of 316
companies
in the Retail - Defensive industry
Industry Median: 6.285
vs CHIX:AXFOs: 5.03
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) %. Axfood AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 19.07%. 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.
Axfood AB (CHIX:AXFOs) 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.
Axfood AB Earnings Yield (Joel Greenblatt) % Related Terms
Axfood AB Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Axfood AB'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.
Axfood AB Earnings Yield (Joel Greenblatt) % Chart
CHIX:AXFOS vs KR, SFM: Earnings Yield (Joel Greenblatt) % Comparison
For the Grocery Stores subindustry, Axfood AB'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.
Axfood AB Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Axfood AB's Earnings Yield (Joel Greenblatt) % falls into.
Axfood AB 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.
Axfood ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Axfood AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3,704 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.33% mean?
Axfood AB (CHIX:AXFOS) has a Earnings Yield (Joel Greenblatt) % of 4.33% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Axfood AB and its competitors. This is 13% below median its historical median of 4.95. Over the past decade, Axfood AB's Earnings Yield (Joel Greenblatt) % has ranged from 3.87 to 7.21. According to the industry distribution chart, Axfood AB ranks #186 out of 316 companies in the Retail - Defensive industry, placing it in the top 58.9%.
Is Axfood AB's Earnings Yield (Joel Greenblatt) % too high?
Axfood AB's current Earnings Yield (Joel Greenblatt) % of 4.33% is 13% below median its 10-year median of 4.95. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 7.21. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.29. Axfood AB's value of 4.33% is 31.1% below this industry median. Based on the distribution chart, Axfood AB ranks #186 out of 316 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Axfood AB has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's Earnings Yield (Joel Greenblatt) % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #186 out of 316 companies for Earnings Yield (Joel Greenblatt) %. This places Axfood AB in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.29. Axfood AB's value of 4.33% is 31.1% below this benchmark. Historically, Axfood AB's own Earnings Yield (Joel Greenblatt) % has ranged from 3.87 to 7.21 over the past decade. While the company's 10-year median is 4.95 vs. the industry median of 6.29, Axfood AB has consistently been below 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 Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.29, based on 316 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. Axfood AB's current Earnings Yield (Joel Greenblatt) % of 4.33% is 31.1% below 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 Axfood AB and its competitors. For the Retail - Defensive industry, the median Earnings Yield (Joel Greenblatt) % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current Earnings Yield (Joel Greenblatt) % is 4.33%, which is 13% below median its own 10-year median of 4.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (CHIX:AXFOS) is currently considered Fairly Valued. The stock's GF Value™ is kr287.71, compared to a current price of kr265.85 — trading 7.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.33%, which is 13% below median its 10-year median of 4.95 and 31.1% below the Retail - Defensive industry median of 6.29. Axfood AB's overall GF Score™ is 85/100 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 Axfood AB (CHIX:AXFOS), the current Earnings Yield (Joel Greenblatt) % is 4.33% as of Mar. 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 Axfood AB (CHIX:AXFOS) Overvalued in 2026?
Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued.
The current stock price of kr265.85 is trading 7.6% below its estimated GF Value™ of kr287.71.
GuruFocus considers Axfood AB to be Fairly Valued.
Key valuation signals for CHIX:AXFOS:
Earnings Yield (Joel Greenblatt) %: 4.33% (13% below median its 10-year median of 4.95)
GF Value™: kr287.71 vs. price of kr265.85 (7.6% below fair value)
Industry Position: 31.1% below the Retail - Defensive median (#186 of 316)
No single metric tells the full story. See the CHIX:AXFOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
85GF 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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