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First HartfordFHRT 50 Earnings Yield (Joel Greenblatt) % is 11.51% as of Apr. 2025, which is 90% above its 10-year median of 6.06. GuruFocus rates FHRT with a GF Scoreâ„¢ of 50/100 and a GF Valueâ„¢ of $13.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,829 Real Estate companies, First Hartford ranks better than 79.44% on this metric.
First Hartford's Enterprise Value for the quarter that ended in Apr. 2025 was $253.4 Mil.
First Hartford's EBIT for the trailing twelve months (TTM) ended in Apr. 2025 was $29.2 Mil. First Hartford's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2025 was 11.51%.
The historical rank and industry rank for First Hartford's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FHRT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.85 Med: 6.06 Max: 12.11
Current: 11.36
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of First Hartford was 12.11%. The lowest was 2.85%. And the median was 6.06%.
FHRT's Earnings Yield (Joel Greenblatt) % is ranked better than 79.44% of 1829
companies
in the Real Estate industry
Industry Median: 4.78
vs FHRT: 11.36
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) %. First Hartford's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2025 was 4.06%. 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.
First Hartford (OTCPK:FHRT) 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.
First Hartford Earnings Yield (Joel Greenblatt) % Related Terms
First Hartford Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for First Hartford'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.
First Hartford Earnings Yield (Joel Greenblatt) % Chart
For the Real Estate - Development subindustry, First Hartford'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.
First Hartford Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Hartford's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where First Hartford's Earnings Yield (Joel Greenblatt) % falls into.
First Hartford 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.
First Hartfords Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2025 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 11.51% mean?
First Hartford (FHRT) has a Earnings Yield (Joel Greenblatt) % of 11.51% as of Apr. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on First Hartford and its competitors. This is 90% above median its historical median of 6.06. Over the past decade, First Hartford's Earnings Yield (Joel Greenblatt) % has ranged from 2.85 to 12.11. According to the industry distribution chart, First Hartford ranks #376 out of 1829 companies in the Real Estate industry, placing it in the top 20.6%.
Is First Hartford's Earnings Yield (Joel Greenblatt) % too high?
First Hartford's current Earnings Yield (Joel Greenblatt) % of 11.51% is 90% above median its 10-year median of 6.06. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 12.11. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. First Hartford's value of 11.51% is 140.8% above this industry median. Based on the distribution chart, First Hartford ranks #376 out of 1829 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Hartford has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hartford's Earnings Yield (Joel Greenblatt) % compare to KANP and AEI?
According to the Real Estate industry distribution chart, First Hartford ranks #376 out of 1829 companies for Earnings Yield (Joel Greenblatt) %. This places First Hartford in the top 21% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. First Hartford's value of 11.51% is 140.8% above this benchmark. Historically, First Hartford's own Earnings Yield (Joel Greenblatt) % has ranged from 2.85 to 12.11 over the past decade. While the company's 10-year median is 6.06 vs. the industry median of 4.78, First Hartford 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 1,829 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. First Hartford's current Earnings Yield (Joel Greenblatt) % of 11.51% is 140.8% 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 First Hartford 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. First Hartford's current Earnings Yield (Joel Greenblatt) % is 11.51%, which is 90% above median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hartford stock overvalued right now?
Based on GuruFocus' analysis, First Hartford (FHRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.90, compared to a current price of $26.50 — trading 90.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.51%, which is 90% above median its 10-year median of 6.06 and 140.8% above the Real Estate industry median of 4.78. First Hartford's overall GF Score™ is 50/100 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 First Hartford (FHRT), the current Earnings Yield (Joel Greenblatt) % is 11.51% as of Apr. 2025. 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 First Hartford (FHRT) Overvalued in 2026?
Based on GuruFocus' analysis, First Hartford stock appears to be overvalued.
The current stock price of $26.50 is trading 90.6% above its estimated GF Value™ of $13.90.
GuruFocus considers First Hartford to be Significantly Overvalued.
Key valuation signals for FHRT:
Earnings Yield (Joel Greenblatt) %: 11.51% (90% above median its 10-year median of 6.06)
GF Value™: $13.90 vs. price of $26.50 (90.6% above fair value)
Industry Position: 140.8% above the Real Estate median (#376 of 1829)
No single metric tells the full story. See the FHRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Hartford Corp is a real estate company. It is engaged in the purchase, development, ownership, management, and sale of real estate. The company is also a preferred developer for CVS, Cumberland Farms, and others.
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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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