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DRETF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.24 Med: 5.65 Max: 12.95
Current: -1.31
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Dream Office Real Estate Investment Trust was 12.95%. The lowest was -16.24%. And the median was 5.65%.
DRETF's Earnings Yield (Joel Greenblatt) % is ranked worse than 92.16% of 957
companies
in the REITs industry
Industry Median: 3.51
vs DRETF: -1.31
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) %. Dream Office Real Estate Investment Trust'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.
* 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 - Office subindustry, Dream Office Real Estate Investment Trust'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.
Dream Office Real Estate Investment Trust Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dream Office Real Estate Investment Trust'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.
Dream Office Real Estate Investment Trust'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 $-14.1 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -1.32% mean?
Dream Office Real Estate Investment Trust (DRETF) has a Earnings Yield (Joel Greenblatt) % of -1.32% 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 Dream Office Real Estate Investment Trust and its competitors. According to the industry distribution chart, Dream Office Real Estate Investment Trust ranks #882 out of 957 companies in the REITs industry, placing it in the top 92.2%.
Is Dream Office Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % too high?
Dream Office Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % is -1.32%. Based on the distribution chart, Dream Office Real Estate Investment Trust ranks #882 out of 957 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Dream Office Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Office Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Dream Office Real Estate Investment Trust ranks #882 out of 957 companies for Earnings Yield (Joel Greenblatt) %. This places Dream Office Real Estate Investment Trust in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.51. 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 3.51, based on 957 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. 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 Dream Office Real Estate Investment Trust and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dream Office Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % is -1.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Office Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust (DRETF) is currently considered Fairly Valued. The stock's GF Value™ is $12.94, compared to a current price of $13.51 — trading 4.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -1.32%. Dream Office Real Estate Investment Trust's overall GF Score™ is 67/100 with 6 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 Dream Office Real Estate Investment Trust (DRETF), the current Earnings Yield (Joel Greenblatt) % is -1.32% 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 Dream Office Real Estate Investment Trust (DRETF) Overvalued in 2026?
Based on GuruFocus' analysis, Dream Office Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $13.51 is trading 4.4% above its estimated GF Value™ of $12.94.
GuruFocus considers Dream Office Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for DRETF:
Earnings Yield (Joel Greenblatt) %: -1.32%
GF Value™: $12.94 vs. price of $13.51 (4.4% above fair value)
No single metric tells the full story. See the DRETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation.
67GF 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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