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LondonMetric PropertyCHIX:LMPL -0.52%79 Earnings Yield (Joel Greenblatt) % is 6.04% as of Mar. 2026, which is 6% below its 10-year median of 6.43. GuruFocus rates CHIX:LMPL with a GF Score™ of 79/100 and a GF Value™ of £2.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 966 REITs companies, LondonMetric Property ranks better than 67.6% on this metric.
LondonMetric Property's Enterprise Value for the quarter that ended in Mar. 2026 was £7,163.6 Mil.
LondonMetric Property's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £432.1 Mil. LondonMetric Property's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.04%.
The historical rank and industry rank for LondonMetric Property's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CHIX:LMPl'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.31 Med: 6.43 Max: 29.89
Current: 5.83
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of LondonMetric Property was 29.89%. The lowest was -18.31%. And the median was 6.43%.
CHIX:LMPl's Earnings Yield (Joel Greenblatt) % is ranked better than 67.6% of 966
companies
in the REITs industry
Industry Median: 3.445
vs CHIX:LMPl: 5.83
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) %. LondonMetric Property'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.
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.
LondonMetric Property Earnings Yield (Joel Greenblatt) % Related Terms
LondonMetric Property Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for LondonMetric Property'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 REIT - Industrial subindustry, LondonMetric Property'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.
LondonMetric Property Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, LondonMetric Property's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where LondonMetric Property'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.
LondonMetric Propertys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 6.04% mean?
LondonMetric Property (CHIX:LMPL) has a Earnings Yield (Joel Greenblatt) % of 6.04% 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 LondonMetric Property and its competitors. This is near median its historical median of 6.43. According to the industry distribution chart, LondonMetric Property ranks #313 out of 966 companies in the REITs industry, placing it in the top 32.4%.
Is LondonMetric Property's Earnings Yield (Joel Greenblatt) % too high?
LondonMetric Property's current Earnings Yield (Joel Greenblatt) % of 6.04% is near median its 10-year median of 6.43. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.45. LondonMetric Property's value of 6.04% is 75.3% above this industry median. Based on the distribution chart, LondonMetric Property ranks #313 out of 966 companies in the REITs industry, which is above the industry midpoint. Overall, LondonMetric Property has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LondonMetric Property's Earnings Yield (Joel Greenblatt) % compare to PLD and PSA?
According to the REITs industry distribution chart, LondonMetric Property ranks #313 out of 966 companies for Earnings Yield (Joel Greenblatt) %. This puts LondonMetric Property in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.45. LondonMetric Property's value of 6.04% is 75.3% above this benchmark. While the company's 10-year median is 6.43 vs. the industry median of 3.45, LondonMetric Property 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 3.45, based on 966 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. LondonMetric Property's current Earnings Yield (Joel Greenblatt) % of 6.04% is 75.3% 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 LondonMetric Property and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LondonMetric Property's current Earnings Yield (Joel Greenblatt) % is 6.04%, which is near median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LondonMetric Property stock overvalued right now?
Based on GuruFocus' analysis, LondonMetric Property (CHIX:LMPL) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.24, compared to a current price of £1.92 — trading 14.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.04%, which is near median its 10-year median of 6.43 and 75.3% above the REITs industry median of 3.45. LondonMetric Property's overall GF Score™ is 79/100 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 LondonMetric Property (CHIX:LMPL), the current Earnings Yield (Joel Greenblatt) % is 6.04% 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 LondonMetric Property (CHIX:LMPL) Overvalued in 2026?
Based on GuruFocus' analysis, LondonMetric Property stock appears to be undervalued.
The current stock price of £1.92 is trading 14.5% below its estimated GF Value™ of £2.24.
GuruFocus considers LondonMetric Property to be Modestly Undervalued.
Key valuation signals for CHIX:LMPL:
Earnings Yield (Joel Greenblatt) %: 6.04% (near median its 10-year median of 6.43)
GF Value™: £2.24 vs. price of £1.92 (14.5% below fair value)
Industry Position: 75.3% above the REITs median (#313 of 966)
No single metric tells the full story. See the CHIX:LMPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LondonMetric Property PLC is a real estate company that is engaged in property investment and development across the United Kingdom. The Group operates predominantly in the United Kingdom.
79GF Score
Get the complete analysis for CHIX:LMPL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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