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Cromwell Property GroupFRA:C4Q +0.09%46 Earnings Yield (Joel Greenblatt) % is 9.59% as of Jun. 2026, which is 15% above its 10-year median of 8.31. GuruFocus rates FRA:C4Q with a GF Score™ of 46/100 and a GF Value™ of €0.24. The stock has 7 warning signs investors should review. Among 948 REITs companies, Cromwell Property Group ranks better than 86.71% on this metric.
Cromwell Property Group's Enterprise Value for the quarter that ended in Jun. 2026 was €1,104.5 Mil.
Cromwell Property Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €104.0 Mil. Cromwell Property Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.59%.
The historical rank and industry rank for Cromwell Property Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:C4Q'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.22 Med: 8.31 Max: 14.71
Current: 10.29
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cromwell Property Group was 14.71%. The lowest was -14.22%. And the median was 8.31%.
FRA:C4Q's Earnings Yield (Joel Greenblatt) % is ranked better than 86.71% of 948
companies
in the REITs industry
Industry Median: 3.525
vs FRA:C4Q: 10.29
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) %. Cromwell Property Group'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.
Cromwell Property Group (FRA:C4Q) 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.
Cromwell Property Group Earnings Yield (Joel Greenblatt) % Related Terms
Cromwell Property Group Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Cromwell Property Group'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.
Cromwell Property Group Earnings Yield (Joel Greenblatt) % Chart
For the REIT - Office subindustry, Cromwell Property Group'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.
Cromwell Property Group Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Cromwell Property Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cromwell Property Group's Earnings Yield (Joel Greenblatt) % falls into.
Cromwell Property Group 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.
Cromwell Property Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2026 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 9.59% mean?
Cromwell Property Group (FRA:C4Q) has a Earnings Yield (Joel Greenblatt) % of 9.59% 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 Cromwell Property Group and its competitors. This is 15% above median its historical median of 8.31. According to the industry distribution chart, Cromwell Property Group ranks #126 out of 948 companies in the REITs industry, placing it in the top 13.3%.
Is Cromwell Property Group's Earnings Yield (Joel Greenblatt) % too high?
Cromwell Property Group's current Earnings Yield (Joel Greenblatt) % of 9.59% is 15% above median its 10-year median of 8.31. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.53. Cromwell Property Group's value of 9.59% is 172.1% above this industry median. Based on the distribution chart, Cromwell Property Group ranks #126 out of 948 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Cromwell Property Group has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Cromwell Property Group's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Cromwell Property Group ranks #126 out of 948 companies for Earnings Yield (Joel Greenblatt) %. This places Cromwell Property Group in the top 13% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.53. Cromwell Property Group's value of 9.59% is 172.1% above this benchmark. While the company's 10-year median is 8.31 vs. the industry median of 3.53, Cromwell Property Group 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 REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.53, based on 948 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. Cromwell Property Group's current Earnings Yield (Joel Greenblatt) % of 9.59% is 172.1% 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 Cromwell Property Group and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cromwell Property Group's current Earnings Yield (Joel Greenblatt) % is 9.59%, which is 15% above median its own 10-year median of 8.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cromwell Property Group stock overvalued right now?
Cromwell Property Group (FRA:C4Q) has a current Earnings Yield (Joel Greenblatt) % of 9.59%. The stock's GF Value™ is €0.24, compared to a current price of €0.22 — trading 8.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.59%, which is 15% above median its 10-year median of 8.31 and 172.1% above the REITs industry median of 3.53. Cromwell Property Group's overall GF Score™ is 46/100 with 7 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 Cromwell Property Group (FRA:C4Q), the current Earnings Yield (Joel Greenblatt) % is 9.59% 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 Cromwell Property Group (FRA:C4Q) Overvalued in 2026?
Based on GuruFocus' analysis, Cromwell Property Group stock appears to be undervalued.
The current stock price of €0.22 is trading 8.8% below its estimated GF Value™ of €0.24.
Key valuation signals for FRA:C4Q:
Earnings Yield (Joel Greenblatt) %: 9.59% (15% above median its 10-year median of 8.31)
GF Value™: €0.24 vs. price of €0.22 (8.8% below fair value)
Industry Position: 172.1% above the REITs median (#126 of 948)
No single metric tells the full story. See the FRA:C4Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management vows to operate as a capital-light investment manager with a domestic focus. As of Dec. 31, 2025, the funds platform managed third-party assets of AUD 2.8 billion across Australia and New Zealand.
46GF 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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