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EnergaFRA:EN2 +0.46%70 Earnings Yield (Joel Greenblatt) % is 12.55% as of Jun. 2026, which is 12% above its 10-year median of 11.24. GuruFocus rates FRA:EN2 with a GF Score™ of 70/100 and a GF Value™ of €2.80 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 508 Utilities - Regulated companies, Energa ranks better than 81.3% on this metric.
Energa's Enterprise Value for the quarter that ended in Jun. 2026 was €5,218 Mil.
Energa's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €659 Mil. Energa's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 12.55%.
The historical rank and industry rank for Energa's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:EN2'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.33 Med: 11.24 Max: 50.08
Current: 10.14
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Energa was 50.08%. The lowest was -11.33%. And the median was 11.24%.
FRA:EN2's Earnings Yield (Joel Greenblatt) % is ranked better than 81.3% of 508
companies
in the Utilities - Regulated industry
Industry Median: 6.58
vs FRA:EN2: 10.14
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) %. Energa's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -8.63%. 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.
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.
Energa Earnings Yield (Joel Greenblatt) % Related Terms
Energa Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Energa'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.
FRA:EN2 vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Electric subindustry, Energa'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.
Energa Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Energa's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Energa's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Energas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Energa's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €659 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.55% mean?
Energa (FRA:EN2) has a Earnings Yield (Joel Greenblatt) % of 12.55% 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 Energa and its competitors. This is 12% above median its historical median of 11.24. According to the industry distribution chart, Energa ranks #95 out of 508 companies in the Utilities - Regulated industry, placing it in the top 18.7%.
Is Energa's Earnings Yield (Joel Greenblatt) % too high?
Energa's current Earnings Yield (Joel Greenblatt) % of 12.55% is 12% above median its 10-year median of 11.24. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.58. Energa's value of 12.55% is 90.7% above this industry median. Based on the distribution chart, Energa ranks #95 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Energa has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energa's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Energa ranks #95 out of 508 companies for Earnings Yield (Joel Greenblatt) %. This places Energa in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.58. Energa's value of 12.55% is 90.7% above this benchmark. While the company's 10-year median is 11.24 vs. the industry median of 6.58, Energa 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.58, based on 508 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. Energa's current Earnings Yield (Joel Greenblatt) % of 12.55% is 90.7% 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 Energa and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energa's current Earnings Yield (Joel Greenblatt) % is 12.55%, which is 12% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energa stock overvalued right now?
Based on GuruFocus' analysis, Energa (FRA:EN2) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.80, compared to a current price of €4.38 — trading 56.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.55%, which is 12% above median its 10-year median of 11.24 and 90.7% above the Utilities - Regulated industry median of 6.58. Energa's overall GF Score™ is 70/100 with 6 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 Energa (FRA:EN2), the current Earnings Yield (Joel Greenblatt) % is 12.55% 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 Energa (FRA:EN2) Overvalued in 2026?
Based on GuruFocus' analysis, Energa stock appears to be overvalued.
The current stock price of €4.38 is trading 56.3% above its estimated GF Value™ of €2.80.
GuruFocus considers Energa to be Significantly Overvalued.
Key valuation signals for FRA:EN2:
Earnings Yield (Joel Greenblatt) %: 12.55% (12% above median its 10-year median of 11.24)
GF Value™: €2.80 vs. price of €4.38 (56.3% above fair value)
Industry Position: 90.7% above the Utilities - Regulated median (#95 of 508)
No single metric tells the full story. See the FRA:EN2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energa SA is a Polish electric utility company of which the State Treasury of Poland is the majority shareholder. Energa SA is involved in the distribution, generation, and sale of electrical energy. The company segments its activities into Electricity Distribution, Generation, and Sales units. The Distribution division operates an electricity transmission system in Northern and Central Poland, where it is the sole distributor. Energa's Generation business controls a portfolio of coal, hydro, biomass, and wind power plants throughout the country. Coal-fired facilities account for a majority of the company's energy production. The majority of Energa's earnings are derived from the business of distributing electricity.
70GF Score
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