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COPT Defense PropertiesMEX:CDP 73 Earnings Yield (Joel Greenblatt) % is 4.14% as of Mar. 2026, which is 25% above its 10-year median of 3.31. GuruFocus rates MEX:CDP with a GF Score™ of 73/100 and a GF Value™ of MXN408.28. The stock has 11 warning signs investors should review. Among 965 REITs companies, COPT Defense Properties ranks better than 52.95% on this metric.
COPT Defense Properties's Enterprise Value for the quarter that ended in Mar. 2026 was MXN107,858 Mil.
COPT Defense Properties's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN4,632 Mil. COPT Defense Properties's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.14%.
The historical rank and industry rank for COPT Defense Properties's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MEX:CDP'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.91 Med: 3.31 Max: 7.1
Current: 3.68
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of COPT Defense Properties was 7.10%. The lowest was -0.91%. And the median was 3.31%.
MEX:CDP's Earnings Yield (Joel Greenblatt) % is ranked better than 52.95% of 965
companies
in the REITs industry
Industry Median: 3.44
vs MEX:CDP: 3.68
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) %. COPT Defense Properties's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.19%. 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.
COPT Defense Properties Earnings Yield (Joel Greenblatt) % Related Terms
COPT Defense Properties Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for COPT Defense Properties'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.
For the REIT - Office subindustry, COPT Defense Properties'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.
COPT Defense Properties Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, COPT Defense Properties's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where COPT Defense Properties'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.
COPT Defense Propertiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
COPT Defense Properties'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 MXN4,632 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.14% mean?
COPT Defense Properties (MEX:CDP) has a Earnings Yield (Joel Greenblatt) % of 4.14% 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 COPT Defense Properties and its competitors. This is 25% above median its historical median of 3.31. According to the industry distribution chart, COPT Defense Properties ranks #454 out of 965 companies in the REITs industry, placing it in the top 47%.
Is COPT Defense Properties' Earnings Yield (Joel Greenblatt) % too high?
COPT Defense Properties' current Earnings Yield (Joel Greenblatt) % of 4.14% is 25% above median its 10-year median of 3.31. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.44. COPT Defense Properties' value of 4.14% is 20.3% above this industry median. Based on the distribution chart, COPT Defense Properties ranks #454 out of 965 companies in the REITs industry, which is above the industry midpoint. Overall, COPT Defense Properties has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' Earnings Yield (Joel Greenblatt) % compare to KRC and SLG?
According to the REITs industry distribution chart, COPT Defense Properties ranks #454 out of 965 companies for Earnings Yield (Joel Greenblatt) %. This puts COPT Defense Properties in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.44. COPT Defense Properties' value of 4.14% is 20.3% above this benchmark. While the company's 10-year median is 3.31 vs. the industry median of 3.44, COPT Defense Properties 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 3.44, based on 965 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. COPT Defense Properties's current Earnings Yield (Joel Greenblatt) % of 4.14% is 20.3% 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 COPT Defense Properties and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COPT Defense Properties's current Earnings Yield (Joel Greenblatt) % is 4.14%, which is 25% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
COPT Defense Properties (MEX:CDP) has a current Earnings Yield (Joel Greenblatt) % of 4.14%. The stock's GF Value™ is MXN408.28, compared to a current price of MXN531.56 — trading 30.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.14%, which is 25% above median its 10-year median of 3.31 and 20.3% above the REITs industry median of 3.44. COPT Defense Properties' overall GF Score™ is 73/100 with 11 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 COPT Defense Properties (MEX:CDP), the current Earnings Yield (Joel Greenblatt) % is 4.14% 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 COPT Defense Properties (MEX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued.
The current stock price of MXN531.56 is trading 30.2% above its estimated GF Value™ of MXN408.28.
Key valuation signals for MEX:CDP:
Earnings Yield (Joel Greenblatt) %: 4.14% (25% above median its 10-year median of 3.31)
GF Value™: MXN408.28 vs. price of MXN531.56 (30.2% above fair value)
Industry Position: 20.3% above the REITs median (#454 of 965)
No single metric tells the full story. See the MEX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
73GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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