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Park24 CoFRA:3WN 75 Earnings Yield (Joel Greenblatt) % is 5.75% as of Apr. 2026, which is 38% above its 10-year median of 4.17. GuruFocus rates FRA:3WN with a GF Score™ of 75/100 and a GF Value™ of €11.39. The stock has 4 warning signs investors should review. Among 1,804 Construction companies, Park24 Co ranks worse than 54.71% on this metric.
Park24 Co's Enterprise Value for the quarter that ended in Apr. 2026 was €2,404 Mil.
Park24 Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €146 Mil. Park24 Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 5.75%.
The historical rank and industry rank for Park24 Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:3WN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.96 Med: 4.17 Max: 8.57
Current: 5.38
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Park24 Co was 8.57%. The lowest was -12.96%. And the median was 4.17%.
FRA:3WN's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.71% of 1804
companies
in the Construction industry
Industry Median: 6.405
vs FRA:3WN: 5.38
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) %. Park24 Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 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.
Park24 Co (FRA:3WN) 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.
Park24 Co Earnings Yield (Joel Greenblatt) % Related Terms
Park24 Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Park24 Co'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.
Park24 Co Earnings Yield (Joel Greenblatt) % Chart
Park24 Co Earnings Yield (Joel Greenblatt) % Competitor Comparison
For the Infrastructure Operations subindustry, Park24 Co'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.
Park24 Co Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Park24 Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Park24 Co's Earnings Yield (Joel Greenblatt) % falls into.
Park24 Co 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.
Park24 Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2025 is calculated as
Park24 Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €146 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.75% mean?
Park24 Co (FRA:3WN) has a Earnings Yield (Joel Greenblatt) % of 5.75% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Park24 Co and its competitors. This is 38% above median its historical median of 4.17. According to the industry distribution chart, Park24 Co ranks #987 out of 1804 companies in the Construction industry, placing it in the top 54.7%.
Is Park24 Co's Earnings Yield (Joel Greenblatt) % too high?
Park24 Co's current Earnings Yield (Joel Greenblatt) % of 5.75% is 38% above median its 10-year median of 4.17. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.41. Park24 Co's value of 5.75% is 10.2% below this industry median. Based on the distribution chart, Park24 Co ranks #987 out of 1804 companies in the Construction industry, which is below the industry midpoint. Overall, Park24 Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Park24 Co's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, Park24 Co ranks #987 out of 1804 companies for Earnings Yield (Joel Greenblatt) %. This places Park24 Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.41. Park24 Co's value of 5.75% is 10.2% below this benchmark. While the company's 10-year median is 4.17 vs. the industry median of 6.41, Park24 Co 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 6.41, based on 1,804 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. Park24 Co's current Earnings Yield (Joel Greenblatt) % of 5.75% is 10.2% 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 Park24 Co and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Park24 Co's current Earnings Yield (Joel Greenblatt) % is 5.75%, which is 38% above median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Park24 Co stock overvalued right now?
Park24 Co (FRA:3WN) has a current Earnings Yield (Joel Greenblatt) % of 5.75%. The stock's GF Value™ is €11.39, compared to a current price of €10.40 — trading 8.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.75%, which is 38% above median its 10-year median of 4.17 and 10.2% below the Construction industry median of 6.41. Park24 Co's overall GF Score™ is 75/100 with 4 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 Park24 Co (FRA:3WN), the current Earnings Yield (Joel Greenblatt) % is 5.75% as of Apr. 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 Park24 Co (FRA:3WN) Overvalued in 2026?
Based on GuruFocus' analysis, Park24 Co stock appears to be undervalued.
The current stock price of €10.40 is trading 8.7% below its estimated GF Value™ of €11.39.
Key valuation signals for FRA:3WN:
Earnings Yield (Joel Greenblatt) %: 5.75% (38% above median its 10-year median of 4.17)
GF Value™: €11.39 vs. price of €10.40 (8.7% below fair value)
Industry Position: 10.2% below the Construction median (#987 of 1804)
No single metric tells the full story. See the FRA:3WN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into three segments: Parking Business Japan, Parking Business International, and Mobility Business. The parking business, which contributes the majority of revenue, operates fully automated parking facilities and related services. The Parking business in the international segment provides Parking facility management overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While the company operates in Japan, Taiwan, and South Korea, the company earns the majority of its revenue domestically.
75GF 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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