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Hoevelrat Holding AGHAM:C9T 68 Earnings Yield (Joel Greenblatt) % is 16.56% as of Dec. 2025, which is 189% above its 10-year median of 5.73. GuruFocus rates HAM:C9T with a GF Score™ of 68/100 and a GF Value™ of €13.27 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,622 Asset Management companies, Hoevelrat Holding AG ranks better than 90.75% on this metric.
Hoevelrat Holding AG's Enterprise Value for the quarter that ended in Dec. 2025 was €13.56 Mil.
Hoevelrat Holding AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.24 Mil. Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 16.56%.
The historical rank and industry rank for Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HAM:C9T'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.94 Med: 5.73 Max: 16.95
Current: 15.8
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Hoevelrat Holding AG was 16.95%. The lowest was -10.94%. And the median was 5.73%.
HAM:C9T's Earnings Yield (Joel Greenblatt) % is ranked better than 90.75% of 1622
companies
in the Asset Management industry
Industry Median: 0
vs HAM:C9T: 15.80
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) %. Hoevelrat Holding 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.
Hoevelrat Holding AG (HAM:C9T) 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.
Hoevelrat Holding AG Earnings Yield (Joel Greenblatt) % Related Terms
Hoevelrat Holding AG Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hoevelrat Holding 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.
Hoevelrat Holding AG Earnings Yield (Joel Greenblatt) % Chart
For the Asset Management subindustry, Hoevelrat Holding 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.
Hoevelrat Holding AG Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % falls into.
Hoevelrat Holding 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.
Hoevelrat Holding 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 16.56% mean?
Hoevelrat Holding AG (HAM:C9T) has a Earnings Yield (Joel Greenblatt) % of 16.56% 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 Hoevelrat Holding AG and its competitors. This is 189% above median its historical median of 5.73. According to the industry distribution chart, Hoevelrat Holding AG ranks #150 out of 1622 companies in the Asset Management industry, placing it in the top 9.2%.
Is Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % too high?
Hoevelrat Holding AG's current Earnings Yield (Joel Greenblatt) % of 16.56% is 189% above median its 10-year median of 5.73. Based on the distribution chart, Hoevelrat Holding AG ranks #150 out of 1622 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hoevelrat Holding AG has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoevelrat Holding AG's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Hoevelrat Holding AG ranks #150 out of 1622 companies for Earnings Yield (Joel Greenblatt) %. This places Hoevelrat Holding AG in the top 9% of its industry — outperforming the majority of peers. 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 an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. 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 Hoevelrat Holding AG and its competitors. Hoevelrat Holding AG's current Earnings Yield (Joel Greenblatt) % is 16.56%, which is 189% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoevelrat Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Hoevelrat Holding AG (HAM:C9T) is currently considered Possible Value Trap. The stock's GF Value™ is €13.27, compared to a current price of €6.70 — trading 49.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 16.56%, which is 189% above median its 10-year median of 5.73. Hoevelrat Holding AG's overall GF Score™ is 68/100 with 2 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 Hoevelrat Holding AG (HAM:C9T), the current Earnings Yield (Joel Greenblatt) % is 16.56% 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 Hoevelrat Holding AG (HAM:C9T) Overvalued in 2026?
Based on GuruFocus' analysis, Hoevelrat Holding AG stock appears to be undervalued.
The current stock price of €6.70 is trading 49.5% below its estimated GF Value™ of €13.27.
GuruFocus considers Hoevelrat Holding AG to be Possible Value Trap.
Key valuation signals for HAM:C9T:
Earnings Yield (Joel Greenblatt) %: 16.56% (189% above median its 10-year median of 5.73)
GF Value™: €13.27 vs. price of €6.70 (49.5% below fair value)
No single metric tells the full story. See the HAM:C9T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoevelrat Holding AG is an independent asset manager. It is engaged in offering financial services. The firm provides various services such as research, marketing, controlling, distribution, staff, and sustainability.
68GF Score
Get the complete analysis for HAM:C9T
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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