Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Land Securities GroupLSGOF 66 Earnings Yield (Joel Greenblatt) % is 5.52% as of Mar. 2026, which is 1944% above its 10-year median of 0.27. GuruFocus rates LSGOF with a GF Score™ of 66/100 and a GF Value™ of $7.88 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 964 REITs companies, Land Securities Group ranks better than 62.97% on this metric.
Land Securities Group's Enterprise Value for the quarter that ended in Mar. 2026 was $11,203 Mil.
Land Securities Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $630 Mil. Land Securities Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.52%.
The historical rank and industry rank for Land Securities Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LSGOF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.55 Med: 0.27 Max: 14.48
Current: 4.89
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Land Securities Group was 14.48%. The lowest was -15.55%. And the median was 0.27%.
LSGOF's Earnings Yield (Joel Greenblatt) % is ranked better than 62.97% of 964
companies
in the REITs industry
Industry Median: 3.48
vs LSGOF: 4.89
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) %. Land Securities Group'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.
Land Securities Group (OTCPK:LSGOF) 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.
Land Securities Group Earnings Yield (Joel Greenblatt) % Related Terms
Land Securities Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Land Securities Group'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.
Land Securities Group Earnings Yield (Joel Greenblatt) % Chart
LSGOF vs VICI, WPC: Earnings Yield (Joel Greenblatt) % Comparison
For the REIT - Diversified subindustry, Land Securities Group'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.
Land Securities Group Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Land Securities Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Land Securities Group's Earnings Yield (Joel Greenblatt) % falls into.
Land Securities Group 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.
Land Securities Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 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 5.52% mean?
Land Securities Group (LSGOF) has a Earnings Yield (Joel Greenblatt) % of 5.52% 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 Land Securities Group and its competitors. This is 1944% above median its historical median of 0.27. According to the industry distribution chart, Land Securities Group ranks #357 out of 964 companies in the REITs industry, placing it in the top 37%.
Is Land Securities Group's Earnings Yield (Joel Greenblatt) % too high?
Land Securities Group's current Earnings Yield (Joel Greenblatt) % of 5.52% is 1944% above median its 10-year median of 0.27. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.48. Land Securities Group's value of 5.52% is 58.6% above this industry median. Based on the distribution chart, Land Securities Group ranks #357 out of 964 companies in the REITs industry, which is above the industry midpoint. Overall, Land Securities Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Land Securities Group's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Land Securities Group ranks #357 out of 964 companies for Earnings Yield (Joel Greenblatt) %. This puts Land Securities Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.48. Land Securities Group's value of 5.52% is 58.6% above this benchmark. While the company's 10-year median is 0.27 vs. the industry median of 3.48, Land Securities Group 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 3.48, based on 964 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. Land Securities Group's current Earnings Yield (Joel Greenblatt) % of 5.52% is 58.6% 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 Land Securities Group 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. Land Securities Group's current Earnings Yield (Joel Greenblatt) % is 5.52%, which is 1944% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Land Securities Group stock overvalued right now?
Based on GuruFocus' analysis, Land Securities Group (LSGOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.88, compared to a current price of $8.90 — trading 12.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.52%, which is 1944% above median its 10-year median of 0.27 and 58.6% above the REITs industry median of 3.48. Land Securities Group's overall GF Score™ is 66/100 with 8 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 Land Securities Group (LSGOF), the current Earnings Yield (Joel Greenblatt) % is 5.52% 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 Land Securities Group (LSGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Land Securities Group stock appears to be overvalued.
The current stock price of $8.90 is trading 12.9% above its estimated GF Value™ of $7.88.
GuruFocus considers Land Securities Group to be Modestly Overvalued.
Key valuation signals for LSGOF:
Earnings Yield (Joel Greenblatt) %: 5.52% (1944% above median its 10-year median of 0.27)
GF Value™: $7.88 vs. price of $8.90 (12.9% above fair value)
Industry Position: 58.6% above the REITs median (#357 of 964)
No single metric tells the full story. See the LSGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London. It segments as Office-led, Retail-led, Residential-led and Other assets.
66GF Score
Get the complete analysis for LSGOF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSGOF has been successfully added to your 
