Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO) Earnings Yield (Joel Greenblatt) %: 14.10% (As of Mar. 2026) — 27% Above Median

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IST:MSGYO Mistral Gayrimenkul Yatirim Ortakligi AS IST:MSGYO
74 GF Score
Price ₺5.72
GF Value ₺22.13
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mistral Gayrimenkul Yatirim Ortakligi AS Earnings Yield (Joel Greenblatt) %?

Mistral Gayrimenkul Yatirim Ortakligi AS IST:MSGYO +0.35% 74 Earnings Yield (Joel Greenblatt) % is 14.10% as of Mar. 2026, which is 27% above its 10-year median of 11.11. GuruFocus rates IST:MSGYO with a GF Score™ of 74/100 and a GF Value™ of ₺22.13 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 958 REITs companies, Mistral Gayrimenkul Yatirim Ortakligi AS ranks better than 95.51% on this metric.

Mistral Gayrimenkul Yatirim Ortakligi AS's Enterprise Value for the quarter that ended in Mar. 2026 was ₺2,738 Mil. Mistral Gayrimenkul Yatirim Ortakligi AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺386 Mil. Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 14.10%.

The historical rank and industry rank for Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:MSGYO' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.15   Med: 11.11   Max: 164.42
Current: 19.27

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mistral Gayrimenkul Yatirim Ortakligi AS was 164.42%. The lowest was -3.15%. And the median was 11.11%.

IST:MSGYO's Earnings Yield (Joel Greenblatt) % is ranked better than
95.51% of 958 companies
in the REITs industry
Industry Median: 3.515 vs IST:MSGYO: 19.27

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) %. Mistral Gayrimenkul Yatirim Ortakligi AS'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.


Mistral Gayrimenkul Yatirim Ortakligi AS  (IST:MSGYO) 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.


Mistral Gayrimenkul Yatirim Ortakligi AS Earnings Yield (Joel Greenblatt) % Related Terms


Mistral Gayrimenkul Yatirim Ortakligi AS Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mistral Gayrimenkul Yatirim Ortakligi AS'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.

Mistral Gayrimenkul Yatirim Ortakligi AS Earnings Yield (Joel Greenblatt) % Chart

Mistral Gayrimenkul Yatirim Ortakligi AS 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 42.37 94.34 8.20 9.80 15.08

Mistral Gayrimenkul Yatirim Ortakligi AS 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 9.30 -2.57 -2.80 15.08 14.10

IST:MSGYO vs VICI, WPC: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Diversified subindustry, Mistral Gayrimenkul Yatirim Ortakligi AS'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.


Mistral Gayrimenkul Yatirim Ortakligi AS Earnings Yield (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % falls into.


IST:MSGYO
74GF Score
Mistral Gayrimenkul Yatirim Ortakligi AS IST:MSGYO
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mistral Gayrimenkul Yatirim Ortakligi AS 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.

Mistral Gayrimenkul Yatirim Ortakligi ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=407.553/2702.4074
=15.08 %

Mistral Gayrimenkul Yatirim Ortakligi AS'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 ₺386 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 14.10% mean?
Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO) has a Earnings Yield (Joel Greenblatt) % of 14.10% 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 Mistral Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 27% above median its historical median of 11.11. According to the industry distribution chart, Mistral Gayrimenkul Yatirim Ortakligi AS ranks #43 out of 958 companies in the REITs industry, placing it in the top 4.5%.
Is Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % too high?
Mistral Gayrimenkul Yatirim Ortakligi AS's current Earnings Yield (Joel Greenblatt) % of 14.10% is 27% above median its 10-year median of 11.11. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.52. Mistral Gayrimenkul Yatirim Ortakligi AS's value of 14.10% is 301.1% above this industry median. Based on the distribution chart, Mistral Gayrimenkul Yatirim Ortakligi AS ranks #43 out of 958 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Mistral Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mistral Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Mistral Gayrimenkul Yatirim Ortakligi AS ranks #43 out of 958 companies for Earnings Yield (Joel Greenblatt) %. This places Mistral Gayrimenkul Yatirim Ortakligi AS in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.52. Mistral Gayrimenkul Yatirim Ortakligi AS's value of 14.10% is 301.1% above this benchmark. While the company's 10-year median is 11.11 vs. the industry median of 3.52, Mistral Gayrimenkul Yatirim Ortakligi AS 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 REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.52, based on 958 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. Mistral Gayrimenkul Yatirim Ortakligi AS's current Earnings Yield (Joel Greenblatt) % of 14.10% is 301.1% 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 Mistral Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mistral Gayrimenkul Yatirim Ortakligi AS's current Earnings Yield (Joel Greenblatt) % is 14.10%, which is 27% above median its own 10-year median of 11.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mistral Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺22.13, compared to a current price of ₺5.72 — trading 74.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 14.10%, which is 27% above median its 10-year median of 11.11 and 301.1% above the REITs industry median of 3.52. Mistral Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 74/100 with 6 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 Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO), the current Earnings Yield (Joel Greenblatt) % is 14.10% 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 Mistral Gayrimenkul Yatirim Ortakligi AS (IST:MSGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Mistral Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺5.72 is trading 74.2% below its estimated GF Value™ of ₺22.13. GuruFocus considers Mistral Gayrimenkul Yatirim Ortakligi AS to be Possible Value Trap.

Key valuation signals for IST:MSGYO:

  • Earnings Yield (Joel Greenblatt) %: 14.10% (27% above median its 10-year median of 11.11)
  • GF Value™: ₺22.13 vs. price of ₺5.72 (74.2% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 301.1% above the REITs median (#43 of 958)

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


Mistral Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Cinarli Mah.Ankara Asfalti, Cad. Mistral Office Tower No: 15 Floor: 20 D, 202 Konak iZMiR, Izmir, TUR
Mistral Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate properties, real estate based capital market instruments, real estate projects and real estate based rights.
74GF Score

Get the complete analysis for IST:MSGYO

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

₺5.72
Price
₺22.13
GF Value