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Altri SGPSFRA:ACJ -0.96%71 Earnings Yield (Joel Greenblatt) % is 2.60% as of Mar. 2026, which is 78% below its 10-year median of 11.58. GuruFocus rates FRA:ACJ with a GF Score™ of 71/100 and a GF Value™ of €4.45 (Fairly Valued). The stock has 11 warning signs investors should review. Among 288 Forest Products companies, Altri SGPS ranks worse than 54.51% on this metric.
Altri SGPS's Enterprise Value for the quarter that ended in Mar. 2026 was €1,441.5 Mil.
Altri SGPS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €37.8 Mil. Altri SGPS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.60%.
The historical rank and industry rank for Altri SGPS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:ACJ'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.48 Med: 11.58 Max: 22.02
Current: 2.66
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Altri SGPS was 22.02%. The lowest was 2.48%. And the median was 11.58%.
FRA:ACJ's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.51% of 288
companies
in the Forest Products industry
Industry Median: 3.77
vs FRA:ACJ: 2.66
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) %. Altri SGPS's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 2.83%. 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.
Altri SGPS (FRA:ACJ) 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.
Altri SGPS Earnings Yield (Joel Greenblatt) % Related Terms
Altri SGPS Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Altri SGPS'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.
Altri SGPS Earnings Yield (Joel Greenblatt) % Chart
FRA:ACJ vs SLVM: Earnings Yield (Joel Greenblatt) % Comparison
For the Paper & Paper Products subindustry, Altri SGPS'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.
Altri SGPS Earnings Yield (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Altri SGPS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Altri SGPS's Earnings Yield (Joel Greenblatt) % falls into.
Altri SGPS 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.
Altri SGPSs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Altri SGPS'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 €37.8 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.60% mean?
Altri SGPS (FRA:ACJ) has a Earnings Yield (Joel Greenblatt) % of 2.60% 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 Altri SGPS and its competitors. This is 78% below median its historical median of 11.58. Over the past decade, Altri SGPS's Earnings Yield (Joel Greenblatt) % has ranged from 2.48 to 22.02. According to the industry distribution chart, Altri SGPS ranks #157 out of 288 companies in the Forest Products industry, placing it in the top 54.5%.
Is Altri SGPS's Earnings Yield (Joel Greenblatt) % too high?
Altri SGPS's current Earnings Yield (Joel Greenblatt) % of 2.60% is 78% below median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 2.48 to a high of 22.02. The Forest Products industry median Earnings Yield (Joel Greenblatt) % is 3.77. Altri SGPS's value of 2.60% is 31% below this industry median. Based on the distribution chart, Altri SGPS ranks #157 out of 288 companies in the Forest Products industry, which is below the industry midpoint. Overall, Altri SGPS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altri SGPS's Earnings Yield (Joel Greenblatt) % compare to SLVM?
According to the Forest Products industry distribution chart, Altri SGPS ranks #157 out of 288 companies for Earnings Yield (Joel Greenblatt) %. This places Altri SGPS in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.77. Altri SGPS's value of 2.60% is 31% below this benchmark. Historically, Altri SGPS's own Earnings Yield (Joel Greenblatt) % has ranged from 2.48 to 22.02 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 3.77, Altri SGPS 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 Forest Products company?
The median Earnings Yield (Joel Greenblatt) % among Forest Products companies is 3.77, based on 288 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. Altri SGPS's current Earnings Yield (Joel Greenblatt) % of 2.60% is 31% 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 Altri SGPS and its competitors. For the Forest Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altri SGPS's current Earnings Yield (Joel Greenblatt) % is 2.60%, which is 78% below median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altri SGPS stock overvalued right now?
Based on GuruFocus' analysis, Altri SGPS (FRA:ACJ) is currently considered Fairly Valued. The stock's GF Value™ is €4.45, compared to a current price of €4.63 — trading 4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.60%, which is 78% below median its 10-year median of 11.58 and 31% below the Forest Products industry median of 3.77. Altri SGPS's overall GF Score™ is 71/100 with 11 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 Altri SGPS (FRA:ACJ), the current Earnings Yield (Joel Greenblatt) % is 2.60% 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 Altri SGPS (FRA:ACJ) Overvalued in 2026?
Based on GuruFocus' analysis, Altri SGPS stock appears to be overvalued.
The current stock price of €4.63 is trading 4% above its estimated GF Value™ of €4.45.
GuruFocus considers Altri SGPS to be Fairly Valued.
Key valuation signals for FRA:ACJ:
Earnings Yield (Joel Greenblatt) %: 2.60% (78% below median its 10-year median of 11.58)
GF Value™: €4.45 vs. price of €4.63 (4% above fair value)
Industry Position: 31% below the Forest Products median (#157 of 288)
No single metric tells the full story. See the FRA:ACJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. It focuses on the production of cellulosic fibers through three production units. The group comprises twenty-one companies, including three industrial plants dedicated to the production of cellulose fibres: Biotek, Caima, and Celbi. The company generates maximum revenue from the sale of Cellulosic Fiber. Geographically, the company operates in the Domestic market and the foreign market. The majority of its revenue is generated from the Foreign market.
71GF Score
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