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Dovalue SpAMIL:DOV +1.64%53 Earnings Yield (Joel Greenblatt) % is 3.85% as of Jun. 2026, which is 26% below its 10-year median of 5.17. GuruFocus rates MIL:DOV with a GF Score™ of 53/100 and a GF Value™ of €1.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,629 Asset Management companies, Dovalue SpA ranks better than 73.97% on this metric.
Dovalue SpA's Enterprise Value for the quarter that ended in Jun. 2026 was €1,389.2 Mil.
Dovalue SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €53.4 Mil. Dovalue SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.85%.
The historical rank and industry rank for Dovalue SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:DOV'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.34 Med: 5.17 Max: 11.33
Current: 4.05
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Dovalue SpA was 11.33%. The lowest was -2.34%. And the median was 5.17%.
MIL:DOV's Earnings Yield (Joel Greenblatt) % is ranked better than 73.97% of 1629
companies
in the Asset Management industry
Industry Median: 0
vs MIL:DOV: 4.05
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) %. Dovalue SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -19.89%. 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.
Dovalue SpA Earnings Yield (Joel Greenblatt) % Related Terms
Dovalue SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Dovalue 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 Asset Management subindustry, Dovalue 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.
Dovalue SpA Earnings Yield (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dovalue SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dovalue 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.
Dovalue SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Dovalue SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €53.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.85% mean?
Dovalue SpA (MIL:DOV) has a Earnings Yield (Joel Greenblatt) % of 3.85% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Dovalue SpA and its competitors. This is 26% below median its historical median of 5.17. According to the industry distribution chart, Dovalue SpA ranks #424 out of 1629 companies in the Asset Management industry, placing it in the top 26%.
Is Dovalue SpA's Earnings Yield (Joel Greenblatt) % too high?
Dovalue SpA's current Earnings Yield (Joel Greenblatt) % of 3.85% is 26% below median its 10-year median of 5.17. Based on the distribution chart, Dovalue SpA ranks #424 out of 1629 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dovalue SpA has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dovalue SpA's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Dovalue SpA ranks #424 out of 1629 companies for Earnings Yield (Joel Greenblatt) %. This puts Dovalue SpA in the upper half of its industry. 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 Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. 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 Dovalue SpA and its competitors. Dovalue SpA's current Earnings Yield (Joel Greenblatt) % is 3.85%, which is 26% below median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dovalue SpA stock overvalued right now?
Based on GuruFocus' analysis, Dovalue SpA (MIL:DOV) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.24, compared to a current price of €1.80 — trading 45.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.85%, which is 26% below median its 10-year median of 5.17. Dovalue SpA's overall GF Score™ is 53/100 with 3 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 Dovalue SpA (MIL:DOV), the current Earnings Yield (Joel Greenblatt) % is 3.85% as of Jun. 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 Dovalue SpA (MIL:DOV) Overvalued in 2026?
Based on GuruFocus' analysis, Dovalue SpA stock appears to be overvalued.
The current stock price of €1.80 is trading 45.1% above its estimated GF Value™ of €1.24.
GuruFocus considers Dovalue SpA to be Significantly Overvalued.
Key valuation signals for MIL:DOV:
Earnings Yield (Joel Greenblatt) %: 3.85% (26% below median its 10-year median of 5.17)
GF Value™: €1.24 vs. price of €1.80 (45.1% above fair value)
No single metric tells the full story. See the MIL:DOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dovalue SpA is principally engaged in the management of credit portfolios and real estate arising from non-performing loans. It offers its clients, both banks and investors, services for the management of portfolios of non-performing loans (NPL), unlikely to pay (UTP), early arrears, and performing loans. Along with its subsidiaries, the company is also active in the management and development of real estate assets arising from the management of non-performing loans. In addition, the group offers various ancillary services such as legal services, due diligence services, data management services, and master servicing activities. Geographically, it operates in Italy, the Hellenic Region, and Spain. A majority of its revenue is generated from the Italy.
53GF 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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