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GrifolsGRFS -0.95%82 Earnings Yield (Joel Greenblatt) % is 6.64% as of Mar. 2026, which is 26% above its 10-year median of 5.25. GuruFocus rates GRFS with a GF Score™ of 82/100 and a GF Value™ of $8.79 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,013 Drug Manufacturers companies, Grifols ranks better than 70.09% on this metric.
Grifols's Enterprise Value for the quarter that ended in Mar. 2026 was $18,522 Mil.
Grifols's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,343 Mil. Grifols's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.64%.
The historical rank and industry rank for Grifols's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
GRFS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3 Med: 5.25 Max: 20.39
Current: 6.87
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Grifols was 20.39%. The lowest was 3.00%. And the median was 5.25%.
GRFS's Earnings Yield (Joel Greenblatt) % is ranked better than 70.09% of 1013
companies
in the Drug Manufacturers industry
Industry Median: 3.29
vs GRFS: 6.87
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) %. Grifols's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.76%. 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.
Grifols Earnings Yield (Joel Greenblatt) % Related Terms
Grifols Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Grifols'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 Drug Manufacturers - General subindustry, Grifols'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.
Grifols Earnings Yield (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Grifols's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grifols'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.
Grifolss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Grifols'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 $1,343 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.64% mean?
Grifols (GRFS) has a Earnings Yield (Joel Greenblatt) % of 6.64% 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 Grifols and its competitors. This is 26% above median its historical median of 5.25. Over the past decade, Grifols' Earnings Yield (Joel Greenblatt) % has ranged from 3.00 to 20.39. According to the industry distribution chart, Grifols ranks #303 out of 1013 companies in the Drug Manufacturers industry, placing it in the top 29.9%.
Is Grifols' Earnings Yield (Joel Greenblatt) % too high?
Grifols' current Earnings Yield (Joel Greenblatt) % of 6.64% is 26% above median its 10-year median of 5.25. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 20.39. The Drug Manufacturers industry median Earnings Yield (Joel Greenblatt) % is 3.29. Grifols' value of 6.64% is 101.8% above this industry median. Based on the distribution chart, Grifols ranks #303 out of 1013 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Grifols has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grifols' Earnings Yield (Joel Greenblatt) % compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Grifols ranks #303 out of 1013 companies for Earnings Yield (Joel Greenblatt) %. This puts Grifols in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.29. Grifols' value of 6.64% is 101.8% above this benchmark. Historically, Grifols' own Earnings Yield (Joel Greenblatt) % has ranged from 3.00 to 20.39 over the past decade. While the company's 10-year median is 5.25 vs. the industry median of 3.29, Grifols 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 Drug Manufacturers company?
The median Earnings Yield (Joel Greenblatt) % among Drug Manufacturers companies is 3.29, based on 1,013 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. Grifols's current Earnings Yield (Joel Greenblatt) % of 6.64% is 101.8% 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 Grifols and its competitors. For the Drug Manufacturers industry, the median Earnings Yield (Joel Greenblatt) % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grifols's current Earnings Yield (Joel Greenblatt) % is 6.64%, which is 26% above median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grifols stock overvalued right now?
Based on GuruFocus' analysis, Grifols (GRFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.79, compared to a current price of $7.27 — trading 17.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.64%, which is 26% above median its 10-year median of 5.25 and 101.8% above the Drug Manufacturers industry median of 3.29. Grifols' overall GF Score™ is 82/100 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 Grifols (GRFS), the current Earnings Yield (Joel Greenblatt) % is 6.64% 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 Grifols (GRFS) Overvalued in 2026?
Based on GuruFocus' analysis, Grifols stock appears to be undervalued.
The current stock price of $7.27 is trading 17.3% below its estimated GF Value™ of $8.79.
GuruFocus considers Grifols to be Modestly Undervalued.
Key valuation signals for GRFS:
Earnings Yield (Joel Greenblatt) %: 6.64% (26% above median its 10-year median of 5.25)
GF Value™: $8.79 vs. price of $7.27 (17.3% below fair value)
Industry Position: 101.8% above the Drug Manufacturers median (#303 of 1013)
No single metric tells the full story. See the GRFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grifols SA is a healthcare company engaged in activities related to plasma-derived products and diagnostic solutions. The group has four reportable segments: Biopharma, Diagnostic, Bio Supplies, and Others. The Biopharma segment focuses on products derived from human plasma for therapeutic use, while the Diagnostic segment includes the marketing of diagnostic testing equipment and reagents. The Bio Supplies segment covers biological products for non-therapeutic use and plasma sales to third parties, and the Others segment includes manufacturing services, research activities, and complementary pharmaceutical products.
82GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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