CEWE Stiftung KGaA (HAM:CWC) Earnings Yield (Joel Greenblatt) %: 14.93% (As of Mar. 2026) — 54% Above Median


HAM:CWC CEWE Stiftung & Co KGaA HAM:CWC
76 GF Score
Price €91.10
GF Value €137.47
Valuation Significantly Undervalued
! 3 Warning Signs
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What is CEWE Stiftung KGaA Earnings Yield (Joel Greenblatt) %?

CEWE Stiftung KGaA HAM:CWC -1.73% 76 Earnings Yield (Joel Greenblatt) % is 14.93% as of Mar. 2026, which is 54% above its 10-year median of 9.68. GuruFocus rates HAM:CWC with a GF Score™ of 76/100 and a GF Value™ of €137.47 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 96 Personal Services companies, CEWE Stiftung KGaA ranks better than 81.25% on this metric.

CEWE Stiftung KGaA's Enterprise Value for the quarter that ended in Mar. 2026 was €576.0 Mil. CEWE Stiftung KGaA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €87.4 Mil. CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 14.93%.

The historical rank and industry rank for CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HAM:CWC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.03   Med: 9.68   Max: 17.41
Current: 15.27

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of CEWE Stiftung KGaA was 17.41%. The lowest was 7.03%. And the median was 9.68%.

HAM:CWC's Earnings Yield (Joel Greenblatt) % is ranked better than
81.25% of 96 companies
in the Personal Services industry
Industry Median: 6.195 vs HAM:CWC: 15.27

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) %. CEWE Stiftung KGaA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -3.40%. 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.


CEWE Stiftung KGaA  (HAM:CWC) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


CEWE Stiftung KGaA Earnings Yield (Joel Greenblatt) % Related Terms


CEWE Stiftung KGaA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Earnings Yield (Joel Greenblatt) % Chart

CEWE Stiftung KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.31 12.44 13.87 14.33 14.73

CEWE Stiftung KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.11 12.84 12.24 14.73 14.93

HAM:CWC vs ROL, SCI, HRB: Earnings Yield (Joel Greenblatt) % Comparison

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA Earnings Yield (Joel Greenblatt) % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % falls into.


HAM:CWC
76GF Score
CEWE Stiftung & Co KGaA HAM:CWC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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CEWE Stiftung KGaA 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.

CEWE Stiftung KGaAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=88.022/583.8582
=15.08 %

CEWE Stiftung KGaA'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 €87.4 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 14.93% mean?
CEWE Stiftung KGaA (HAM:CWC) has a Earnings Yield (Joel Greenblatt) % of 14.93% 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 CEWE Stiftung KGaA and its competitors. This is 54% above median its historical median of 9.68. Over the past decade, CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % has ranged from 7.03 to 17.41. According to the industry distribution chart, CEWE Stiftung KGaA ranks #18 out of 96 companies in the Personal Services industry, placing it in the top 18.7%.
Is CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % too high?
CEWE Stiftung KGaA's current Earnings Yield (Joel Greenblatt) % of 14.93% is 54% above median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 17.41. The Personal Services industry median Earnings Yield (Joel Greenblatt) % is 6.20. CEWE Stiftung KGaA's value of 14.93% is 141% above this industry median. Based on the distribution chart, CEWE Stiftung KGaA ranks #18 out of 96 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Earnings Yield (Joel Greenblatt) % compare to ROL and SCI?
According to the Personal Services industry distribution chart, CEWE Stiftung KGaA ranks #18 out of 96 companies for Earnings Yield (Joel Greenblatt) %. This places CEWE Stiftung KGaA in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.20. CEWE Stiftung KGaA's value of 14.93% is 141% above this benchmark. Historically, CEWE Stiftung KGaA's own Earnings Yield (Joel Greenblatt) % has ranged from 7.03 to 17.41 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 6.20, CEWE Stiftung KGaA 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 Personal Services company?
The median Earnings Yield (Joel Greenblatt) % among Personal Services companies is 6.20, based on 96 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. CEWE Stiftung KGaA's current Earnings Yield (Joel Greenblatt) % of 14.93% is 141% 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 CEWE Stiftung KGaA and its competitors. For the Personal Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEWE Stiftung KGaA's current Earnings Yield (Joel Greenblatt) % is 14.93%, which is 54% above median its own 10-year median of 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (HAM:CWC) is currently considered Significantly Undervalued. The stock's GF Value™ is €137.47, compared to a current price of €91.10 — trading 33.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 14.93%, which is 54% above median its 10-year median of 9.68 and 141% above the Personal Services industry median of 6.20. CEWE Stiftung KGaA's overall GF Score™ is 76/100 with 3 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 CEWE Stiftung KGaA (HAM:CWC), the current Earnings Yield (Joel Greenblatt) % is 14.93% 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 CEWE Stiftung KGaA (HAM:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of €91.10 is trading 33.7% below its estimated GF Value™ of €137.47. GuruFocus considers CEWE Stiftung KGaA to be Significantly Undervalued.

Key valuation signals for HAM:CWC:

  • Earnings Yield (Joel Greenblatt) %: 14.93% (54% above median its 10-year median of 9.68)
  • GF Value™: €137.47 vs. price of €91.10 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 141% above the Personal Services median (#18 of 96)

No single metric tells the full story. See the HAM:CWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CEWE Stiftung KGaA Business Description

Other Exchanges CWCd:UK0N8F:UKCWC:Germany
Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

Get the complete analysis for HAM:CWC

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€91.10
Price
€137.47
GF Value