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SM Wirtschaftsberatungs AG's Enterprise Value for the quarter that ended in Dec. 2025 was €28.87 Mil.
SM Wirtschaftsberatungs AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.19 Mil. SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was -0.64%.
The historical rank and industry rank for SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:SMWN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.48 Med: 5.72 Max: 12.63
Current: -0.76
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SM Wirtschaftsberatungs AG was 12.63%. The lowest was -2.48%. And the median was 5.72%.
FRA:SMWN's Earnings Yield (Joel Greenblatt) % is ranked worse than 91.64% of 957
companies
in the REITs industry
Industry Median: 3.5
vs FRA:SMWN: -0.76
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) %. SM Wirtschaftsberatungs AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
SM Wirtschaftsberatungs AG (FRA:SMWN) 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.
SM Wirtschaftsberatungs AG Earnings Yield (Joel Greenblatt) % Related Terms
SM Wirtschaftsberatungs AG Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for SM Wirtschaftsberatungs AG'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.
SM Wirtschaftsberatungs AG Earnings Yield (Joel Greenblatt) % Chart
For the REIT - Diversified subindustry, SM Wirtschaftsberatungs AG'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.
SM Wirtschaftsberatungs AG Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) % falls into.
SM Wirtschaftsberatungs AG 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.
SM Wirtschaftsberatungs AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 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 -0.64% mean?
SM Wirtschaftsberatungs AG (FRA:SMWN) has a Earnings Yield (Joel Greenblatt) % of -0.64% 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 SM Wirtschaftsberatungs AG and its competitors. According to the industry distribution chart, SM Wirtschaftsberatungs AG ranks #877 out of 957 companies in the REITs industry, placing it in the top 91.6%.
Is SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) % too high?
SM Wirtschaftsberatungs AG's current Earnings Yield (Joel Greenblatt) % is -0.64%. Based on the distribution chart, SM Wirtschaftsberatungs AG ranks #877 out of 957 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, SM Wirtschaftsberatungs AG has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does SM Wirtschaftsberatungs AG's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, SM Wirtschaftsberatungs AG ranks #877 out of 957 companies for Earnings Yield (Joel Greenblatt) %. This places SM Wirtschaftsberatungs AG in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.50. 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 3.50, based on 957 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. 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 SM Wirtschaftsberatungs AG and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Wirtschaftsberatungs AG's current Earnings Yield (Joel Greenblatt) % is -0.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Wirtschaftsberatungs AG stock overvalued right now?
SM Wirtschaftsberatungs AG (FRA:SMWN) has a current Earnings Yield (Joel Greenblatt) % of -0.64%. The stock's GF Value™ is €11.55, compared to a current price of €4.44 — trading 61.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -0.64%. SM Wirtschaftsberatungs AG's overall GF Score™ is 46/100 with 3 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 SM Wirtschaftsberatungs AG (FRA:SMWN), the current Earnings Yield (Joel Greenblatt) % is -0.64% 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 SM Wirtschaftsberatungs AG (FRA:SMWN) Overvalued in 2026?
Based on GuruFocus' analysis, SM Wirtschaftsberatungs AG stock appears to be undervalued.
The current stock price of €4.44 is trading 61.6% below its estimated GF Value™ of €11.55.
Key valuation signals for FRA:SMWN:
Earnings Yield (Joel Greenblatt) %: -0.64%
GF Value™: €11.55 vs. price of €4.44 (61.6% below fair value)
No single metric tells the full story. See the FRA:SMWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Wirtschaftsberatungs AG is a diversified financial services company located in Germany. The company focuses on the real estate sector and is involved in capital investment management, project development, and the management of its own assets.
46GF Score
Get the complete analysis for FRA:SMWN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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