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Ferrovial NVCHIX:FERE +0.57%79 Earnings Yield (Joel Greenblatt) % is 2.50% as of Jun. 2026, which is 10% above its 10-year median of 2.28. GuruFocus rates CHIX:FERE with a GF Score™ of 79/100 and a GF Value™ of €46.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,799 Construction companies, Ferrovial NV ranks worse than 69.37% on this metric.
Ferrovial NV's Enterprise Value for the quarter that ended in Jun. 2026 was €51,929 Mil.
Ferrovial NV's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €1,293 Mil. Ferrovial NV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.50%.
The historical rank and industry rank for Ferrovial NV's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:FERe'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.43 Med: 2.28 Max: 15.26
Current: 2.62
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ferrovial NV was 15.26%. The lowest was 0.43%. And the median was 2.28%.
CHIX:FERe's Earnings Yield (Joel Greenblatt) % is ranked worse than 69.37% of 1799
companies
in the Construction industry
Industry Median: 6.45
vs CHIX:FERe: 2.62
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) %. Ferrovial NV's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.
Ferrovial NV Earnings Yield (Joel Greenblatt) % Related Terms
Ferrovial NV Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Ferrovial NV'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 Engineering & Construction subindustry, Ferrovial NV'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.
Ferrovial NV Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Ferrovial NV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ferrovial NV'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.
Ferrovial NVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Ferrovial NV'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 €1,293 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.50% mean?
Ferrovial NV (CHIX:FERE) has a Earnings Yield (Joel Greenblatt) % of 2.50% 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 Ferrovial NV and its competitors. This is 10% above median its historical median of 2.28. Over the past decade, Ferrovial NV's Earnings Yield (Joel Greenblatt) % has ranged from 0.43 to 15.26. According to the industry distribution chart, Ferrovial NV ranks #1248 out of 1799 companies in the Construction industry, placing it in the top 69.4%.
Is Ferrovial NV's Earnings Yield (Joel Greenblatt) % too high?
Ferrovial NV's current Earnings Yield (Joel Greenblatt) % of 2.50% is 10% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 15.26. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.45. Ferrovial NV's value of 2.50% is 61.2% below this industry median. Based on the distribution chart, Ferrovial NV ranks #1248 out of 1799 companies in the Construction industry, which is below the industry midpoint. Overall, Ferrovial NV has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrovial NV's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Ferrovial NV ranks #1248 out of 1799 companies for Earnings Yield (Joel Greenblatt) %. This places Ferrovial NV in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.45. Ferrovial NV's value of 2.50% is 61.2% below this benchmark. Historically, Ferrovial NV's own Earnings Yield (Joel Greenblatt) % has ranged from 0.43 to 15.26 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 6.45, Ferrovial NV 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.45, based on 1,799 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. Ferrovial NV's current Earnings Yield (Joel Greenblatt) % of 2.50% is 61.2% 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 Ferrovial NV and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrovial NV's current Earnings Yield (Joel Greenblatt) % is 2.50%, which is 10% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrovial NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrovial NV (CHIX:FERE) is currently considered Modestly Overvalued. The stock's GF Value™ is €46.03, compared to a current price of €56.72 — trading 23.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.50%, which is 10% above median its 10-year median of 2.28 and 61.2% below the Construction industry median of 6.45. Ferrovial NV's overall GF Score™ is 79/100 with 3 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 Ferrovial NV (CHIX:FERE), the current Earnings Yield (Joel Greenblatt) % is 2.50% 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 Ferrovial NV (CHIX:FERE) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrovial NV stock appears to be overvalued.
The current stock price of €56.72 is trading 23.2% above its estimated GF Value™ of €46.03.
GuruFocus considers Ferrovial NV to be Modestly Overvalued.
Key valuation signals for CHIX:FERE:
Earnings Yield (Joel Greenblatt) %: 2.50% (10% above median its 10-year median of 2.28)
GF Value™: €46.03 vs. price of €56.72 (23.2% above fair value)
Industry Position: 61.2% below the Construction median (#1248 of 1799)
No single metric tells the full story. See the CHIX:FERE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferrovial is a global transportation infrastructure investor, developer, and operator, with a strong presence in North American toll roads. In recent years, it shifted its portfolio toward North America and India, and lowered its exposure to Europe (including selling its stake in Heathrow Airport). The jewels in its crown include its stake in the 99-year lease to operate the Highway 407 ETR toll road in Toronto and its concession to develop and operate New Terminal One at JFK until 2060.
79GF Score
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