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China Unicom (Hong Kong)FRA:XCI 85 Earnings Yield (Joel Greenblatt) % is 12.82% as of Mar. 2026, which is 15% above its 10-year median of 11.10. GuruFocus rates FRA:XCI with a GF Score™ of 85/100 and a GF Value™ of €1.01. The stock has 4 warning signs investors should review. Among 373 Telecommunication Services companies, China Unicom (Hong Kong) ranks better than 91.69% on this metric.
China Unicom (Hong Kong)'s Enterprise Value for the quarter that ended in Mar. 2026 was €23,866 Mil.
China Unicom (Hong Kong)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €2,476 Mil. China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 12.82%.
The historical rank and industry rank for China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:XCI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.61 Med: 11.1 Max: 29.23
Current: 18.28
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Unicom (Hong Kong) was 29.23%. The lowest was 1.61%. And the median was 11.10%.
FRA:XCI's Earnings Yield (Joel Greenblatt) % is ranked better than 91.69% of 373
companies
in the Telecommunication Services industry
Industry Median: 5.88
vs FRA:XCI: 18.28
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 Unicom (Hong Kong)'s Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 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.
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.
China Unicom (Hong Kong) Earnings Yield (Joel Greenblatt) % Related Terms
China Unicom (Hong Kong) Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for China Unicom (Hong Kong)'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.
China Unicom (Hong Kong) Earnings Yield (Joel Greenblatt) % Chart
For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong) Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % falls into.
China Unicom (Hong Kong) 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.
China Unicom (Hong Kong)s Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
China Unicom (Hong Kong)'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 €2,476 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.82% mean?
China Unicom (Hong Kong) (FRA:XCI) has a Earnings Yield (Joel Greenblatt) % of 12.82% 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 China Unicom (Hong Kong) and its competitors. This is 15% above median its historical median of 11.10. Over the past decade, China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % has ranged from 1.61 to 29.23. According to the industry distribution chart, China Unicom (Hong Kong) ranks #31 out of 373 companies in the Telecommunication Services industry, placing it in the top 8.3%.
Is China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % too high?
China Unicom (Hong Kong)'s current Earnings Yield (Joel Greenblatt) % of 12.82% is 15% above median its 10-year median of 11.10. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 29.23. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.88. China Unicom (Hong Kong)'s value of 12.82% is 118% above this industry median. Based on the distribution chart, China Unicom (Hong Kong) ranks #31 out of 373 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, China Unicom (Hong Kong) has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does China Unicom (Hong Kong)'s Earnings Yield (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, China Unicom (Hong Kong) ranks #31 out of 373 companies for Earnings Yield (Joel Greenblatt) %. This places China Unicom (Hong Kong) in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.88. China Unicom (Hong Kong)'s value of 12.82% is 118% above this benchmark. Historically, China Unicom (Hong Kong)'s own Earnings Yield (Joel Greenblatt) % has ranged from 1.61 to 29.23 over the past decade. While the company's 10-year median is 11.10 vs. the industry median of 5.88, China Unicom (Hong Kong) 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 Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.88, based on 373 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 Unicom (Hong Kong)'s current Earnings Yield (Joel Greenblatt) % of 12.82% is 118% 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 Unicom (Hong Kong) and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Unicom (Hong Kong)'s current Earnings Yield (Joel Greenblatt) % is 12.82%, which is 15% above median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Unicom (Hong Kong) stock overvalued right now?
China Unicom (Hong Kong) (FRA:XCI) has a current Earnings Yield (Joel Greenblatt) % of 12.82%. The stock's GF Value™ is €1.01, compared to a current price of €0.78 — trading 22.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.82%, which is 15% above median its 10-year median of 11.10 and 118% above the Telecommunication Services industry median of 5.88. China Unicom (Hong Kong)'s overall GF Score™ is 85/100 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 Unicom (Hong Kong) (FRA:XCI), the current Earnings Yield (Joel Greenblatt) % is 12.82% 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 China Unicom (Hong Kong) (FRA:XCI) Overvalued in 2026?
Based on GuruFocus' analysis, China Unicom (Hong Kong) stock appears to be undervalued.
The current stock price of €0.78 is trading 22.8% below its estimated GF Value™ of €1.01.
Key valuation signals for FRA:XCI:
Earnings Yield (Joel Greenblatt) %: 12.82% (15% above median its 10-year median of 11.10)
GF Value™: €1.01 vs. price of €0.78 (22.8% below fair value)
Industry Position: 118% above the Telecommunication Services median (#31 of 373)
No single metric tells the full story. See the FRA:XCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of June 2025, it had around 355 million billing wireless customers and over 125 million fixed-line subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China with 420,000 cabinets and its Cloud Service revenue is also showing strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.
85GF Score
Get the complete analysis for FRA:XCI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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