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China Merchants Port Holdings CoFRA:CPM -0.50%72 Earnings Yield (Joel Greenblatt) % is 10.68% as of Dec. 2025, which is 6% below its 10-year median of 11.33. GuruFocus rates FRA:CPM with a GF Score™ of 72/100 and a GF Value™ of €1.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,024 Transportation companies, China Merchants Port Holdings Co ranks better than 69.92% on this metric.
China Merchants Port Holdings Co's Enterprise Value for the quarter that ended in Dec. 2025 was €10,738 Mil.
China Merchants Port Holdings Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1,165 Mil. China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 10.68%.
The historical rank and industry rank for China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:CPM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.38 Med: 11.33 Max: 17.7
Current: 10.63
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Merchants Port Holdings Co was 17.70%. The lowest was 5.38%. And the median was 11.33%.
FRA:CPM's Earnings Yield (Joel Greenblatt) % is ranked better than 69.92% of 1024
companies
in the Transportation industry
Industry Median: 6.75
vs FRA:CPM: 10.63
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) %. China Merchants Port Holdings Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 11.68%. 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.
China Merchants Port Holdings Co (FRA:CPM) 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.
* 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.
China Merchants Port Holdings Co Earnings Yield (Joel Greenblatt) % Chart
China Merchants Port Holdings Co Earnings Yield (Joel Greenblatt) % Competitor Comparison
For the Marine Shipping subindustry, China Merchants Port Holdings 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.
China Merchants Port Holdings Co Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % falls into.
China Merchants Port Holdings 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.
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 10.68% mean?
China Merchants Port Holdings Co (FRA:CPM) has a Earnings Yield (Joel Greenblatt) % of 10.68% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Merchants Port Holdings Co and its competitors. This is near median its historical median of 11.33. Over the past decade, China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % has ranged from 5.38 to 17.70. According to the industry distribution chart, China Merchants Port Holdings Co ranks #308 out of 1024 companies in the Transportation industry, placing it in the top 30.1%.
Is China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % too high?
China Merchants Port Holdings Co's current Earnings Yield (Joel Greenblatt) % of 10.68% is near median its 10-year median of 11.33. Over the past 10 years, this metric has ranged from a low of 5.38 to a high of 17.70. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.75. China Merchants Port Holdings Co's value of 10.68% is 58.2% above this industry median. Based on the distribution chart, China Merchants Port Holdings Co ranks #308 out of 1024 companies in the Transportation industry, which is above the industry midpoint. Overall, China Merchants Port Holdings Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Merchants Port Holdings Co's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, China Merchants Port Holdings Co ranks #308 out of 1024 companies for Earnings Yield (Joel Greenblatt) %. This puts China Merchants Port Holdings Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.75. China Merchants Port Holdings Co's value of 10.68% is 58.2% above this benchmark. Historically, China Merchants Port Holdings Co's own Earnings Yield (Joel Greenblatt) % has ranged from 5.38 to 17.70 over the past decade. While the company's 10-year median is 11.33 vs. the industry median of 6.75, China Merchants Port Holdings Co 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.75, 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. China Merchants Port Holdings Co's current Earnings Yield (Joel Greenblatt) % of 10.68% is 58.2% 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 China Merchants Port Holdings Co and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Merchants Port Holdings Co's current Earnings Yield (Joel Greenblatt) % is 10.68%, which is near median its own 10-year median of 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Port Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, China Merchants Port Holdings Co (FRA:CPM) is currently considered Fairly Valued. The stock's GF Value™ is €1.51, compared to a current price of €1.60 — trading 5.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.68%, which is near median its 10-year median of 11.33 and 58.2% above the Transportation industry median of 6.75. China Merchants Port Holdings Co's overall GF Score™ is 72/100 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 China Merchants Port Holdings Co (FRA:CPM), the current Earnings Yield (Joel Greenblatt) % is 10.68% as of Dec. 2025. 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 China Merchants Port Holdings Co (FRA:CPM) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Port Holdings Co stock appears to be overvalued.
The current stock price of €1.60 is trading 5.8% above its estimated GF Value™ of €1.51.
GuruFocus considers China Merchants Port Holdings Co to be Fairly Valued.
Key valuation signals for FRA:CPM:
Earnings Yield (Joel Greenblatt) %: 10.68% (near median its 10-year median of 11.33)
GF Value™: €1.51 vs. price of €1.60 (5.8% above fair value)
Industry Position: 58.2% above the Transportation median (#308 of 1024)
No single metric tells the full story. See the FRA:CPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Port Holdings Co Ltd is a port service provider principally engaged in port operations, bonded logistics operations, and property investment. Its segments are port operations, bonded logistics operations, and other operations. Port operations generate maximum revenue, including container terminal operations and bulk and general cargo terminal operations conducted by the Group, its associates, and joint ventures across Mainland China, Hong Kong, and Taiwan, as well as other international locations. Bonded logistics operations include logistics park operations, port transportation, and airport cargo handling. Other operations mainly include property development and investment, logistics operations by associates, and corporate functions.
72GF 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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