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Active Biotech ABFRA:BTP +0.23%30 Earnings Yield (Joel Greenblatt) % is -38.31% as of Mar. 2026. GuruFocus rates FRA:BTP with a GF Score™ of 30/100 and a GF Value™ of €0.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,326 Biotechnology companies, Active Biotech AB ranks worse than 79.41% on this metric.
Active Biotech AB's Enterprise Value for the quarter that ended in Mar. 2026 was €7.44 Mil.
Active Biotech AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-3.21 Mil. Active Biotech AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -38.31%.
The historical rank and industry rank for Active Biotech AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:BTP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12659.15 Med: -16.3 Max: 825.64
Current: -44.27
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Active Biotech AB was 825.64%. The lowest was -12659.15%. And the median was -16.30%.
FRA:BTP's Earnings Yield (Joel Greenblatt) % is ranked worse than 79.41% of 1326
companies
in the Biotechnology industry
Industry Median: -10.03
vs FRA:BTP: -44.27
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) %. Active Biotech AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Active Biotech AB (FRA:BTP) 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.
Active Biotech AB Earnings Yield (Joel Greenblatt) % Related Terms
Active Biotech AB Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Active Biotech AB'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.
Active Biotech AB Earnings Yield (Joel Greenblatt) % Chart
For the Biotechnology subindustry, Active Biotech AB'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.
Active Biotech AB Earnings Yield (Joel Greenblatt) % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Active Biotech AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Active Biotech AB's Earnings Yield (Joel Greenblatt) % falls into.
Active Biotech AB 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.
Active Biotech ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Active Biotech AB'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 €-3.21 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -38.31% mean?
Active Biotech AB (FRA:BTP) has a Earnings Yield (Joel Greenblatt) % of -38.31% 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 Active Biotech AB and its competitors. According to the industry distribution chart, Active Biotech AB ranks #1053 out of 1326 companies in the Biotechnology industry, placing it in the top 79.4%.
Is Active Biotech AB's Earnings Yield (Joel Greenblatt) % too high?
Active Biotech AB's current Earnings Yield (Joel Greenblatt) % is -38.31%. Based on the distribution chart, Active Biotech AB ranks #1053 out of 1326 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Active Biotech AB has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Active Biotech AB's Earnings Yield (Joel Greenblatt) % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Active Biotech AB ranks #1053 out of 1326 companies for Earnings Yield (Joel Greenblatt) %. This places Active Biotech AB in the lower half of its industry. 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 Biotechnology company?
A good Earnings Yield (Joel Greenblatt) % depends on the Biotechnology industry context. 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 Active Biotech AB and its competitors. Active Biotech AB's current Earnings Yield (Joel Greenblatt) % is -38.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Biotech AB stock overvalued right now?
Based on GuruFocus' analysis, Active Biotech AB (FRA:BTP) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.13, compared to a current price of €0.43 — trading 231.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -38.31%. Active Biotech AB's overall GF Score™ is 30/100 with 1 warning sign 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 Active Biotech AB (FRA:BTP), the current Earnings Yield (Joel Greenblatt) % is -38.31% 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 Active Biotech AB (FRA:BTP) Overvalued in 2026?
Based on GuruFocus' analysis, Active Biotech AB stock appears to be overvalued.
The current stock price of €0.43 is trading 231.5% above its estimated GF Value™ of €0.13.
GuruFocus considers Active Biotech AB to be Significantly Overvalued.
Key valuation signals for FRA:BTP:
Earnings Yield (Joel Greenblatt) %: -38.31%
GF Value™: €0.13 vs. price of €0.43 (231.5% above fair value)
No single metric tells the full story. See the FRA:BTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Active Biotech AB focuses on the research and development of pharmaceuticals products within medical areas including neurodegenerative diseases, autoimmune/inflammatory disease and various forms of cancer. Its project portfolio contains both small molecules that are orally active immunomodulatory agents and antibody based immunotherapy. Its project portfolio includes both small orally active immunomodulatory molecules and antibody-based immunotherapy. Its pipeline products are: Tasquinimod, Laquinimod, and Naptumomab.
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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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