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Hochtief AGHOCFF +4.90%71 Earnings Yield (Joel Greenblatt) % is 5.65% as of Jun. 2026, which is 60% below its 10-year median of 14.23. GuruFocus rates HOCFF with a GF Score™ of 71/100 and a GF Value™ of $203.78 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,803 Construction companies, Hochtief AG ranks better than 50.14% on this metric.
Hochtief AG's Enterprise Value for the quarter that ended in Jun. 2026 was $34,146 Mil.
Hochtief AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $1,972 Mil. Hochtief AG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.65%.
The historical rank and industry rank for Hochtief AG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HOCFF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4115.24 Med: 14.23 Max: 13712.92
Current: 6.11
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hochtief AG was 13712.92%. The lowest was -4115.24%. And the median was 14.23%.
HOCFF's Earnings Yield (Joel Greenblatt) % is ranked better than 50.14% of 1803
companies
in the Construction industry
Industry Median: 6.42
vs HOCFF: 6.11
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) %. Hochtief AG's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 19.70%. 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.
Hochtief AG (OTCPK:HOCFF) 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.
Hochtief AG Earnings Yield (Joel Greenblatt) % Related Terms
Hochtief AG Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hochtief 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.
Hochtief AG Earnings Yield (Joel Greenblatt) % Chart
For the Engineering & Construction subindustry, Hochtief 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.
Hochtief AG Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Hochtief AG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hochtief AG's Earnings Yield (Joel Greenblatt) % falls into.
Hochtief 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.
Hochtief AGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Hochtief AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,972 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.65% mean?
Hochtief AG (HOCFF) has a Earnings Yield (Joel Greenblatt) % of 5.65% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Hochtief AG and its competitors. This is 60% below median its historical median of 14.23. According to the industry distribution chart, Hochtief AG ranks #899 out of 1803 companies in the Construction industry, placing it in the top 49.9%.
Is Hochtief AG's Earnings Yield (Joel Greenblatt) % too high?
Hochtief AG's current Earnings Yield (Joel Greenblatt) % of 5.65% is 60% below median its 10-year median of 14.23. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.42. Hochtief AG's value of 5.65% is 12% below this industry median. Based on the distribution chart, Hochtief AG ranks #899 out of 1803 companies in the Construction industry, which is above the industry midpoint. Overall, Hochtief AG has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hochtief AG's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Hochtief AG ranks #899 out of 1803 companies for Earnings Yield (Joel Greenblatt) %. This puts Hochtief AG in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.42. Hochtief AG's value of 5.65% is 12% below this benchmark. While the company's 10-year median is 14.23 vs. the industry median of 6.42, Hochtief AG has consistently been below 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.42, based on 1,803 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. Hochtief AG's current Earnings Yield (Joel Greenblatt) % of 5.65% is 12% below 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 Hochtief AG and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hochtief AG's current Earnings Yield (Joel Greenblatt) % is 5.65%, which is 60% below median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hochtief AG stock overvalued right now?
Based on GuruFocus' analysis, Hochtief AG (HOCFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $203.78, compared to a current price of $535.00 — trading 162.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.65%, which is 60% below median its 10-year median of 14.23 and 12% below the Construction industry median of 6.42. Hochtief AG's overall GF Score™ is 71/100 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 Hochtief AG (HOCFF), the current Earnings Yield (Joel Greenblatt) % is 5.65% as of Jun. 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 Hochtief AG (HOCFF) Overvalued in 2026?
Based on GuruFocus' analysis, Hochtief AG stock appears to be overvalued.
The current stock price of $535.00 is trading 162.5% above its estimated GF Value™ of $203.78.
GuruFocus considers Hochtief AG to be Significantly Overvalued.
Key valuation signals for HOCFF:
Earnings Yield (Joel Greenblatt) %: 5.65% (60% below median its 10-year median of 14.23)
GF Value™: $203.78 vs. price of $535.00 (162.5% above fair value)
Industry Position: 12% below the Construction median (#899 of 1803)
No single metric tells the full story. See the HOCFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Its regional divisions are Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where the company's assets are located.
71GF Score
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