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LEG Immobilien SECHIX:LEGD 63 Earnings Yield (Joel Greenblatt) % is 29.41% as of Mar. 2026, which is 88% above its 10-year median of 15.68. GuruFocus rates CHIX:LEGD with a GF Score™ of 63/100 and a GF Value™ of €73.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,827 Real Estate companies, LEG Immobilien SE ranks better than 68.75% on this metric.
LEG Immobilien SE's Enterprise Value for the quarter that ended in Mar. 2026 was €3,615 Mil.
LEG Immobilien SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,132 Mil. LEG Immobilien SE's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 29.41%.
The historical rank and industry rank for LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:LEGd'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -54.33 Med: 15.68 Max: 59.64
Current: 8.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of LEG Immobilien SE was 59.64%. The lowest was -54.33%. And the median was 15.68%.
CHIX:LEGd's Earnings Yield (Joel Greenblatt) % is ranked better than 68.75% of 1827
companies
in the Real Estate industry
Industry Median: 4.78
vs CHIX:LEGd: 8.41
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) %. LEG Immobilien SE's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
LEG Immobilien SE (CHIX:LEGd) 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.
LEG Immobilien SE Earnings Yield (Joel Greenblatt) % Related Terms
LEG Immobilien SE Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for LEG Immobilien SE'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.
LEG Immobilien SE Earnings Yield (Joel Greenblatt) % Chart
For the Real Estate Services subindustry, LEG Immobilien SE'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.
LEG Immobilien SE Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % falls into.
LEG Immobilien SE 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.
LEG Immobilien SEs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
LEG Immobilien SE'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 €1,132 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 29.41% mean?
LEG Immobilien SE (CHIX:LEGD) has a Earnings Yield (Joel Greenblatt) % of 29.41% 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 LEG Immobilien SE and its competitors. This is 88% above median its historical median of 15.68. According to the industry distribution chart, LEG Immobilien SE ranks #571 out of 1827 companies in the Real Estate industry, placing it in the top 31.3%.
Is LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % too high?
LEG Immobilien SE's current Earnings Yield (Joel Greenblatt) % of 29.41% is 88% above median its 10-year median of 15.68. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. LEG Immobilien SE's value of 29.41% is 515.3% above this industry median. Based on the distribution chart, LEG Immobilien SE ranks #571 out of 1827 companies in the Real Estate industry, which is above the industry midpoint. Overall, LEG Immobilien SE has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEG Immobilien SE's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, LEG Immobilien SE ranks #571 out of 1827 companies for Earnings Yield (Joel Greenblatt) %. This puts LEG Immobilien SE in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. LEG Immobilien SE's value of 29.41% is 515.3% above this benchmark. While the company's 10-year median is 15.68 vs. the industry median of 4.78, LEG Immobilien SE 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.78, based on 1,827 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. LEG Immobilien SE's current Earnings Yield (Joel Greenblatt) % of 29.41% is 515.3% 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 LEG Immobilien SE and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEG Immobilien SE's current Earnings Yield (Joel Greenblatt) % is 29.41%, which is 88% above median its own 10-year median of 15.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEG Immobilien SE stock overvalued right now?
Based on GuruFocus' analysis, LEG Immobilien SE (CHIX:LEGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €73.09, compared to a current price of €52.68 — trading 27.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 29.41%, which is 88% above median its 10-year median of 15.68 and 515.3% above the Real Estate industry median of 4.78. LEG Immobilien SE's overall GF Score™ is 63/100 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 LEG Immobilien SE (CHIX:LEGD), the current Earnings Yield (Joel Greenblatt) % is 29.41% 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 LEG Immobilien SE (CHIX:LEGD) Overvalued in 2026?
Based on GuruFocus' analysis, LEG Immobilien SE stock appears to be undervalued.
The current stock price of €52.68 is trading 27.9% below its estimated GF Value™ of €73.09.
GuruFocus considers LEG Immobilien SE to be Modestly Undervalued.
Key valuation signals for CHIX:LEGD:
Earnings Yield (Joel Greenblatt) %: 29.41% (88% above median its 10-year median of 15.68)
GF Value™: €73.09 vs. price of €52.68 (27.9% below fair value)
Industry Position: 515.3% above the Real Estate median (#571 of 1827)
No single metric tells the full story. See the CHIX:LEGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEG Immobilien SE is a property company that manages its own residential portfolio. The company's property portfolio includes residential units, commercial units and garages and parking spaces. It divides the portfolio into three overarching clusters: high-growth, stable, and higher yielding markets. The company holds properties in North Rhine-Westphalia, Bremen, Schleswig-Holstein, Hesse, and Rhineland-Palatinate.
63GF Score
Get the complete analysis for CHIX:LEGD
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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