The historical rank and industry rank for Inovalis Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
IVREF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -30.15 Med: 5.24 Max: 20.94
Current: -17.61
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Inovalis Real Estate Investment Trust was 20.94%. The lowest was -30.15%. And the median was 5.24%.
IVREF's Earnings Yield (Joel Greenblatt) % is ranked worse than 98.26% of 975
companies
in the REITs industry
Industry Median: 3.48
vs IVREF: -17.61
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) %. Inovalis Real Estate Investment Trust'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.
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.
* 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 REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.
Inovalis Real Estate Investment Trust Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Inovalis Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Inovalis Real Estate Investment Trust'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.
Inovalis Real Estate Investment Trust'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 $-22.44 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -17.33% mean?
Inovalis Real Estate Investment Trust (IVREF) has a Earnings Yield (Joel Greenblatt) % of -17.33% 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 Inovalis Real Estate Investment Trust and its competitors. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #958 out of 975 companies in the REITs industry, placing it in the top 98.3%.
Is Inovalis Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % too high?
Inovalis Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % is -17.33%. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #958 out of 975 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #958 out of 975 companies for Earnings Yield (Joel Greenblatt) %. This places Inovalis Real Estate Investment Trust in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.48. 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 3.48, based on 975 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. 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 Inovalis Real Estate Investment Trust and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inovalis Real Estate Investment Trust's current Earnings Yield (Joel Greenblatt) % is -17.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -17.33%. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 with 9 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 Inovalis Real Estate Investment Trust (IVREF), the current Earnings Yield (Joel Greenblatt) % is -17.33% 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued.
The current stock price of $0.60 is trading 15.8% below its estimated GF Value™ of $0.71.
GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.
Key valuation signals for IVREF:
Earnings Yield (Joel Greenblatt) %: -17.33%
GF Value™: $0.71 vs. price of $0.60 (15.8% below fair value)
No single metric tells the full story. See the IVREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inovalis Real Estate Investment Trust Business Description
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
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