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.
China Resources and Transportation GroupFRA:ZP3C Earnings Yield (Joel Greenblatt) % is 9.40% as of Mar. 2026. The stock has 7 warning signs investors should review. Among 1,798 Construction companies, China Resources and Transportation Group ranks better than 62.74% on this metric.
The historical rank and industry rank for China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:ZP3C'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.54 Med: -2.56 Max: 20.32
Current: 9.4
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Resources and Transportation Group was 20.32%. The lowest was -24.54%. And the median was -2.56%.
FRA:ZP3C's Earnings Yield (Joel Greenblatt) % is ranked better than 62.74% of 1798
companies
in the Construction industry
Industry Median: 6.38
vs FRA:ZP3C: 9.40
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 Resources and Transportation Group'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.
China Resources and Transportation Group (FRA:ZP3C) 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.
* 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 Resources and Transportation Group Earnings Yield (Joel Greenblatt) % Chart
China Resources and Transportation Group Annual Data
China Resources and Transportation Group Earnings Yield (Joel Greenblatt) % Competitor Comparison
For the Infrastructure Operations subindustry, China Resources and Transportation Group'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 Resources and Transportation Group Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % falls into.
China Resources and Transportation Group 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.
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 9.40% mean?
China Resources and Transportation Group (FRA:ZP3C) has a Earnings Yield (Joel Greenblatt) % of 9.40% 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 Resources and Transportation Group and its competitors. According to the industry distribution chart, China Resources and Transportation Group ranks #670 out of 1798 companies in the Construction industry, placing it in the top 37.3%.
Is China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % too high?
China Resources and Transportation Group's current Earnings Yield (Joel Greenblatt) % is 9.40%. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.38. China Resources and Transportation Group's value of 9.40% is 47.3% above this industry median. Based on the distribution chart, China Resources and Transportation Group ranks #670 out of 1798 companies in the Construction industry, which is above the industry midpoint.
How does China Resources and Transportation Group's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, China Resources and Transportation Group ranks #670 out of 1798 companies for Earnings Yield (Joel Greenblatt) %. This puts China Resources and Transportation Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.38. China Resources and Transportation Group's value of 9.40% is 47.3% above this benchmark. 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.38, based on 1,798 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 Resources and Transportation Group's current Earnings Yield (Joel Greenblatt) % of 9.40% is 47.3% 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 Resources and Transportation Group and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources and Transportation Group's current Earnings Yield (Joel Greenblatt) % is 9.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources and Transportation Group stock overvalued right now?
China Resources and Transportation Group (FRA:ZP3C) has a current Earnings Yield (Joel Greenblatt) % of 9.40%. The current Earnings Yield (Joel Greenblatt) % is 9.40% and 47.3% above the Construction industry median of 6.38. 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 Resources and Transportation Group (FRA:ZP3C), the current Earnings Yield (Joel Greenblatt) % is 9.40% 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.
China Resources and Transportation Group Business Description
China Resources and Transportation Group Ltd is a China-based company. It operates through various business segments that are Expressway Operations, which includes operations, management, maintenance and auxiliary facility investment of Zhunxing Expressway; CNG gas stations operation includes operation of CNG gas stations; and Other Operations, which includes sales of timber logs from forest concession, tree plantation area and outside suppliers, sales of seedlings and refined plant oil. The Expressway Operations segment generates maximum revenue for the company. Geographically, the company has business operations in the PRC and Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZP3C has been successfully added to your 
