Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AXF1 Construcciones y Auxiliar de Ferrocarriles SA FRA:AXF1
91 GF Score
Price €69.10
GF Value €45.93
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Construcciones y Auxiliar de Ferrocarriles Earnings Yield (Joel Greenblatt) %?

Construcciones y Auxiliar de Ferrocarriles FRA:AXF1 +11.81% 91 Earnings Yield (Joel Greenblatt) % is 0.00% as of Jun. 2026. GuruFocus rates FRA:AXF1 with a GF Score™ of 91/100 and a GF Value™ of €45.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,024 Transportation companies, Construcciones y Auxiliar de Ferrocarriles ranks better than 72.75% on this metric.

Construcciones y Auxiliar de Ferrocarriles's Enterprise Value for the quarter that ended in Jun. 2026 was €2,349 Mil. Construcciones y Auxiliar de Ferrocarriles's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €301 Mil. Construcciones y Auxiliar de Ferrocarriles's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 0.00%.

The historical rank and industry rank for Construcciones y Auxiliar de Ferrocarriles's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FRA:AXF1' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.35   Med: 9.26   Max: 15.16
Current: 11.93

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Construcciones y Auxiliar de Ferrocarriles was 15.16%. The lowest was 5.35%. And the median was 9.26%.

FRA:AXF1's Earnings Yield (Joel Greenblatt) % is ranked better than
72.75% of 1024 companies
in the Transportation industry
Industry Median: 6.78 vs FRA:AXF1: 11.93

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) %. Construcciones y Auxiliar de Ferrocarriles'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.


Construcciones y Auxiliar de Ferrocarriles  (FRA:AXF1) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Construcciones y Auxiliar de Ferrocarriles Earnings Yield (Joel Greenblatt) % Related Terms


Construcciones y Auxiliar de Ferrocarriles Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Construcciones y Auxiliar de Ferrocarriles'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.

Construcciones y Auxiliar de Ferrocarriles Earnings Yield (Joel Greenblatt) % Chart

Construcciones y Auxiliar de Ferrocarriles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.80 12.82 13.21 13.93 11.17

Construcciones y Auxiliar de Ferrocarriles Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.19 13.93 6.02 11.17 0.00

FRA:AXF1 vs UNP, CSX, NSC: Earnings Yield (Joel Greenblatt) % Comparison

For the Railroads subindustry, Construcciones y Auxiliar de Ferrocarriles'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.


Construcciones y Auxiliar de Ferrocarriles Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Construcciones y Auxiliar de Ferrocarriles's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Construcciones y Auxiliar de Ferrocarriles's Earnings Yield (Joel Greenblatt) % falls into.


FRA:AXF1
91GF Score
Construcciones y Auxiliar de Ferrocarriles SA FRA:AXF1
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construcciones y Auxiliar de Ferrocarriles 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.

Construcciones y Auxiliar de Ferrocarriless Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=247.514/2184.445
=11.33 %

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 0.00% mean?
Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 Construcciones y Auxiliar de Ferrocarriles and its competitors. Over the past decade, Construcciones y Auxiliar de Ferrocarriles' Earnings Yield (Joel Greenblatt) % has ranged from 5.35 to 15.16. According to the industry distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #279 out of 1024 companies in the Transportation industry, placing it in the top 27.2%.
Is Construcciones y Auxiliar de Ferrocarriles' Earnings Yield (Joel Greenblatt) % too high?
Construcciones y Auxiliar de Ferrocarriles' current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 15.16. Based on the distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #279 out of 1024 companies in the Transportation industry, which is above the industry midpoint. Overall, Construcciones y Auxiliar de Ferrocarriles has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construcciones y Auxiliar de Ferrocarriles' Earnings Yield (Joel Greenblatt) % compare to UNP and CSX?
According to the Transportation industry distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #279 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This puts Construcciones y Auxiliar de Ferrocarriles in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.78. Historically, Construcciones y Auxiliar de Ferrocarriles' own Earnings Yield (Joel Greenblatt) % has ranged from 5.35 to 15.16 over the past decade. 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.78, based on 1,024 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 Construcciones y Auxiliar de Ferrocarriles and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construcciones y Auxiliar de Ferrocarriles's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construcciones y Auxiliar de Ferrocarriles stock overvalued right now?
Based on GuruFocus' analysis, Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) is currently considered Significantly Overvalued. The stock's GF Value™ is €45.93, compared to a current price of €69.10 — trading 50.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Construcciones y Auxiliar de Ferrocarriles' overall GF Score™ is 91/100 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 Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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 Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Overvalued in 2026?

Based on GuruFocus' analysis, Construcciones y Auxiliar de Ferrocarriles stock appears to be overvalued. The current stock price of €69.10 is trading 50.4% above its estimated GF Value™ of €45.93. GuruFocus considers Construcciones y Auxiliar de Ferrocarriles to be Significantly Overvalued.

Key valuation signals for FRA:AXF1:

  • Earnings Yield (Joel Greenblatt) %: 0.00%
  • GF Value™: €45.93 vs. price of €69.10 (50.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the FRA:AXF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construcciones y Auxiliar de Ferrocarriles Business Description

Address Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200
Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.
91GF Score

Get the complete analysis for FRA:AXF1

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.10
Price
€45.93
GF Value