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.
Cogefeed SpAMIL:CGF 16 Earnings Yield (Joel Greenblatt) % is 2.55% as of Dec. 2025, which is 98% below its 10-year median of 114.01. GuruFocus rates MIL:CGF with a GF Score™ of 16/100. The stock has 9 warning signs investors should review. Among 483 Utilities - Independent Power Producers companies, Cogefeed SpA ranks worse than 57.35% on this metric.
Cogefeed SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €9.98 Mil.
Cogefeed SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.25 Mil. Cogefeed SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 2.55%.
The historical rank and industry rank for Cogefeed SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:CGF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.17 Med: 114.01 Max: 126.7
Current: 2.17
During the past 4 years, the highest Earnings Yield (Joel Greenblatt) of Cogefeed SpA was 126.70%. The lowest was 2.17%. And the median was 114.01%.
MIL:CGF's Earnings Yield (Joel Greenblatt) % is ranked worse than 57.35% of 483
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.31
vs MIL:CGF: 2.17
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) %. Cogefeed SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
Cogefeed SpA Earnings Yield (Joel Greenblatt) % Related Terms
Cogefeed SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Cogefeed SpA'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 Utilities - Renewable subindustry, Cogefeed SpA'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.
Cogefeed SpA Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Cogefeed SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cogefeed SpA'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.
Cogefeed SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 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 2.55% mean?
Cogefeed SpA (MIL:CGF) has a Earnings Yield (Joel Greenblatt) % of 2.55% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Cogefeed SpA and its competitors. This is 98% below median its historical median of 114.01. Over the past decade, Cogefeed SpA's Earnings Yield (Joel Greenblatt) % has ranged from 2.17 to 126.70. According to the industry distribution chart, Cogefeed SpA ranks #277 out of 483 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.3%.
Is Cogefeed SpA's Earnings Yield (Joel Greenblatt) % too high?
Cogefeed SpA's current Earnings Yield (Joel Greenblatt) % of 2.55% is 98% below median its 10-year median of 114.01. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 126.70. The Utilities - Independent Power Producers industry median Earnings Yield (Joel Greenblatt) % is 3.31. Cogefeed SpA's value of 2.55% is 23% below this industry median. Based on the distribution chart, Cogefeed SpA ranks #277 out of 483 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Cogefeed SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cogefeed SpA's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Cogefeed SpA ranks #277 out of 483 companies for Earnings Yield (Joel Greenblatt) %. This places Cogefeed SpA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.31. Cogefeed SpA's value of 2.55% is 23% below this benchmark. Historically, Cogefeed SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 2.17 to 126.70 over the past decade. While the company's 10-year median is 114.01 vs. the industry median of 3.31, Cogefeed SpA 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 an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.31, based on 483 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. Cogefeed SpA's current Earnings Yield (Joel Greenblatt) % of 2.55% is 23% 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 Cogefeed SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogefeed SpA's current Earnings Yield (Joel Greenblatt) % is 2.55%, which is 98% below median its own 10-year median of 114.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogefeed SpA stock overvalued right now?
Cogefeed SpA (MIL:CGF) has a current Earnings Yield (Joel Greenblatt) % of 2.55%. The current Earnings Yield (Joel Greenblatt) % is 2.55%, which is 98% below median its 10-year median of 114.01 and 23% below the Utilities - Independent Power Producers industry median of 3.31. Cogefeed SpA's overall GF Score™ is 16/100 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 Cogefeed SpA (MIL:CGF), the current Earnings Yield (Joel Greenblatt) % is 2.55% as of Dec. 2025. 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:CGF has been successfully added to your 
