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.
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.
L E Lundbergforetagen ABFRA:LU3B -1.82%72 Earnings Yield (Joel Greenblatt) % is 9.78% as of Mar. 2026, which is 27% above its 10-year median of 7.70. GuruFocus rates FRA:LU3B with a GF Score™ of 72/100 and a GF Value™ of €44.75 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 566 Conglomerates companies, L E Lundbergforetagen AB ranks better than 60.42% on this metric.
L E Lundbergforetagen AB's Enterprise Value for the quarter that ended in Mar. 2026 was €16,625 Mil.
L E Lundbergforetagen AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,639 Mil. L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.78%.
The historical rank and industry rank for L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:LU3B'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.63 Med: 7.7 Max: 17.58
Current: 8.52
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of L E Lundbergforetagen AB was 17.58%. The lowest was 2.63%. And the median was 7.70%.
FRA:LU3B's Earnings Yield (Joel Greenblatt) % is ranked better than 60.42% of 566
companies
in the Conglomerates industry
Industry Median: 6.62
vs FRA:LU3B: 8.52
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) %. L E Lundbergforetagen AB's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 6.04%. 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.
L E Lundbergforetagen AB (FRA:LU3B) 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.
L E Lundbergforetagen AB Earnings Yield (Joel Greenblatt) % Related Terms
L E Lundbergforetagen AB Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for L E Lundbergforetagen 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.
L E Lundbergforetagen AB Earnings Yield (Joel Greenblatt) % Chart
FRA:LU3B vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, L E Lundbergforetagen 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.
L E Lundbergforetagen AB Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % falls into.
L E Lundbergforetagen 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.
L E Lundbergforetagen ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
L E Lundbergforetagen 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 €1,639 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.78% mean?
L E Lundbergforetagen AB (FRA:LU3B) has a Earnings Yield (Joel Greenblatt) % of 9.78% 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 L E Lundbergforetagen AB and its competitors. This is 27% above median its historical median of 7.70. Over the past decade, L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % has ranged from 2.63 to 17.58. According to the industry distribution chart, L E Lundbergforetagen AB ranks #224 out of 566 companies in the Conglomerates industry, placing it in the top 39.6%.
Is L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % too high?
L E Lundbergforetagen AB's current Earnings Yield (Joel Greenblatt) % of 9.78% is 27% above median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 17.58. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.62. L E Lundbergforetagen AB's value of 9.78% is 47.7% above this industry median. Based on the distribution chart, L E Lundbergforetagen AB ranks #224 out of 566 companies in the Conglomerates industry, which is above the industry midpoint. Overall, L E Lundbergforetagen AB has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L E Lundbergforetagen AB's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, L E Lundbergforetagen AB ranks #224 out of 566 companies for Earnings Yield (Joel Greenblatt) %. This puts L E Lundbergforetagen AB in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.62. L E Lundbergforetagen AB's value of 9.78% is 47.7% above this benchmark. Historically, L E Lundbergforetagen AB's own Earnings Yield (Joel Greenblatt) % has ranged from 2.63 to 17.58 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 6.62, L E Lundbergforetagen AB 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 Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.62, based on 566 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. L E Lundbergforetagen AB's current Earnings Yield (Joel Greenblatt) % of 9.78% is 47.7% 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 L E Lundbergforetagen AB and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L E Lundbergforetagen AB's current Earnings Yield (Joel Greenblatt) % is 9.78%, which is 27% above median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L E Lundbergforetagen AB stock overvalued right now?
Based on GuruFocus' analysis, L E Lundbergforetagen AB (FRA:LU3B) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.75, compared to a current price of €49.68 — trading 11% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.78%, which is 27% above median its 10-year median of 7.70 and 47.7% above the Conglomerates industry median of 6.62. L E Lundbergforetagen AB's overall GF Score™ is 72/100 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 L E Lundbergforetagen AB (FRA:LU3B), the current Earnings Yield (Joel Greenblatt) % is 9.78% 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 L E Lundbergforetagen AB (FRA:LU3B) Overvalued in 2026?
Based on GuruFocus' analysis, L E Lundbergforetagen AB stock appears to be overvalued.
The current stock price of €49.68 is trading 11% above its estimated GF Value™ of €44.75.
GuruFocus considers L E Lundbergforetagen AB to be Modestly Overvalued.
Key valuation signals for FRA:LU3B:
Earnings Yield (Joel Greenblatt) %: 9.78% (27% above median its 10-year median of 7.70)
GF Value™: €44.75 vs. price of €49.68 (11% above fair value)
Industry Position: 47.7% above the Conglomerates median (#224 of 566)
No single metric tells the full story. See the FRA:LU3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.
72GF Score
Get the complete analysis for FRA:LU3B
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:LU3B has been successfully added to your 
