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Warsaw Stock ExchangeFRA:WSX +4.45%77 Earnings Yield (Joel Greenblatt) % is 10.55% as of Mar. 2026, which is 50% below its 10-year median of 21.05. GuruFocus rates FRA:WSX with a GF Score™ of 77/100 and a GF Value™ of €12.94 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 775 Capital Markets companies, Warsaw Stock Exchange ranks better than 65.03% on this metric.
Warsaw Stock Exchange's Enterprise Value for the quarter that ended in Mar. 2026 was €567.1 Mil.
Warsaw Stock Exchange's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €62.7 Mil. Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.55%.
The historical rank and industry rank for Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:WSX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.76 Med: 21.05 Max: 49.32
Current: 7.14
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Warsaw Stock Exchange was 49.32%. The lowest was 6.76%. And the median was 21.05%.
FRA:WSX's Earnings Yield (Joel Greenblatt) % is ranked better than 65.03% of 775
companies
in the Capital Markets industry
Industry Median: 2.86
vs FRA:WSX: 7.14
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) %. Warsaw Stock Exchange's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -6.11%. 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.
Warsaw Stock Exchange Earnings Yield (Joel Greenblatt) % Related Terms
Warsaw Stock Exchange Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Warsaw Stock Exchange'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.
For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.
Warsaw Stock Exchange Earnings Yield (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Warsaw Stock Exchange'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.
Warsaw Stock Exchanges Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Warsaw Stock Exchange'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 €62.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.55% mean?
Warsaw Stock Exchange (FRA:WSX) has a Earnings Yield (Joel Greenblatt) % of 10.55% 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 Warsaw Stock Exchange and its competitors. This is 50% below median its historical median of 21.05. Over the past decade, Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) % has ranged from 6.76 to 49.32. According to the industry distribution chart, Warsaw Stock Exchange ranks #271 out of 775 companies in the Capital Markets industry, placing it in the top 35%.
Is Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) % too high?
Warsaw Stock Exchange's current Earnings Yield (Joel Greenblatt) % of 10.55% is 50% below median its 10-year median of 21.05. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 49.32. The Capital Markets industry median Earnings Yield (Joel Greenblatt) % is 2.86. Warsaw Stock Exchange's value of 10.55% is 268.9% above this industry median. Based on the distribution chart, Warsaw Stock Exchange ranks #271 out of 775 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Warsaw Stock Exchange has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Earnings Yield (Joel Greenblatt) % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Warsaw Stock Exchange ranks #271 out of 775 companies for Earnings Yield (Joel Greenblatt) %. This puts Warsaw Stock Exchange in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.86. Warsaw Stock Exchange's value of 10.55% is 268.9% above this benchmark. Historically, Warsaw Stock Exchange's own Earnings Yield (Joel Greenblatt) % has ranged from 6.76 to 49.32 over the past decade. While the company's 10-year median is 21.05 vs. the industry median of 2.86, Warsaw Stock Exchange 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 Capital Markets company?
The median Earnings Yield (Joel Greenblatt) % among Capital Markets companies is 2.86, based on 775 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. Warsaw Stock Exchange's current Earnings Yield (Joel Greenblatt) % of 10.55% is 268.9% 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 Warsaw Stock Exchange and its competitors. For the Capital Markets industry, the median Earnings Yield (Joel Greenblatt) % is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warsaw Stock Exchange's current Earnings Yield (Joel Greenblatt) % is 10.55%, which is 50% below median its own 10-year median of 21.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (FRA:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.94, compared to a current price of €23.46 — trading 81.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.55%, which is 50% below median its 10-year median of 21.05 and 268.9% above the Capital Markets industry median of 2.86. Warsaw Stock Exchange's overall GF Score™ is 77/100 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 Warsaw Stock Exchange (FRA:WSX), the current Earnings Yield (Joel Greenblatt) % is 10.55% 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 Warsaw Stock Exchange (FRA:WSX) Overvalued in 2026?
Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued.
The current stock price of €23.46 is trading 81.3% above its estimated GF Value™ of €12.94.
GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.
Key valuation signals for FRA:WSX:
Earnings Yield (Joel Greenblatt) %: 10.55% (50% below median its 10-year median of 21.05)
GF Value™: €12.94 vs. price of €23.46 (81.3% above fair value)
Industry Position: 268.9% above the Capital Markets median (#271 of 775)
No single metric tells the full story. See the FRA:WSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
77GF Score
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