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.
GPI SpAMIL:GPI -1.47%79 Earnings Yield (Joel Greenblatt) % is 5.82% as of Dec. 2025, which is 10% below its 10-year median of 6.50. GuruFocus rates MIL:GPI with a GF Score™ of 79/100 and a GF Value™ of €16.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 682 Healthcare Providers & Services companies, GPI SpA ranks better than 67.45% on this metric.
GPI SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €783.4 Mil.
GPI SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €45.6 Mil. GPI SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.82%.
The historical rank and industry rank for GPI SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:GPI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.09 Med: 6.5 Max: 9.57
Current: 6.41
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of GPI SpA was 9.57%. The lowest was 2.09%. And the median was 6.50%.
MIL:GPI's Earnings Yield (Joel Greenblatt) % is ranked better than 67.45% of 682
companies
in the Healthcare Providers & Services industry
Industry Median: 3.425
vs MIL:GPI: 6.41
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) %. GPI SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 7.51%. 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.
GPI SpA Earnings Yield (Joel Greenblatt) % Related Terms
GPI SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for GPI 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 Health Information Services subindustry, GPI 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.
GPI SpA Earnings Yield (Joel Greenblatt) % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, GPI SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where GPI 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.
GPI 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 5.82% mean?
GPI SpA (MIL:GPI) has a Earnings Yield (Joel Greenblatt) % of 5.82% 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 GPI SpA and its competitors. This is 10% below median its historical median of 6.50. Over the past decade, GPI SpA's Earnings Yield (Joel Greenblatt) % has ranged from 2.09 to 9.57. According to the industry distribution chart, GPI SpA ranks #222 out of 682 companies in the Healthcare Providers & Services industry, placing it in the top 32.6%.
Is GPI SpA's Earnings Yield (Joel Greenblatt) % too high?
GPI SpA's current Earnings Yield (Joel Greenblatt) % of 5.82% is 10% below median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 9.57. The Healthcare Providers & Services industry median Earnings Yield (Joel Greenblatt) % is 3.43. GPI SpA's value of 5.82% is 69.9% above this industry median. Based on the distribution chart, GPI SpA ranks #222 out of 682 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, GPI SpA has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GPI SpA's Earnings Yield (Joel Greenblatt) % compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, GPI SpA ranks #222 out of 682 companies for Earnings Yield (Joel Greenblatt) %. This puts GPI SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.43. GPI SpA's value of 5.82% is 69.9% above this benchmark. Historically, GPI SpA's own Earnings Yield (Joel Greenblatt) % has ranged from 2.09 to 9.57 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 3.43, GPI SpA 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 Healthcare Providers & Services company?
The median Earnings Yield (Joel Greenblatt) % among Healthcare Providers & Services companies is 3.43, based on 682 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. GPI SpA's current Earnings Yield (Joel Greenblatt) % of 5.82% is 69.9% 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 GPI SpA and its competitors. For the Healthcare Providers & Services industry, the median Earnings Yield (Joel Greenblatt) % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GPI SpA's current Earnings Yield (Joel Greenblatt) % is 5.82%, which is 10% below median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPI SpA stock overvalued right now?
Based on GuruFocus' analysis, GPI SpA (MIL:GPI) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.28, compared to a current price of €13.44 — trading 17.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.82%, which is 10% below median its 10-year median of 6.50 and 69.9% above the Healthcare Providers & Services industry median of 3.43. GPI SpA's overall GF Score™ is 79/100 with 4 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 GPI SpA (MIL:GPI), the current Earnings Yield (Joel Greenblatt) % is 5.82% 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.
Is GPI SpA (MIL:GPI) Overvalued in 2026?
Based on GuruFocus' analysis, GPI SpA stock appears to be undervalued.
The current stock price of €13.44 is trading 17.4% below its estimated GF Value™ of €16.28.
GuruFocus considers GPI SpA to be Modestly Undervalued.
Key valuation signals for MIL:GPI:
Earnings Yield (Joel Greenblatt) %: 5.82% (10% below median its 10-year median of 6.50)
GF Value™: €16.28 vs. price of €13.44 (17.4% below fair value)
Industry Position: 69.9% above the Healthcare Providers & Services median (#222 of 682)
No single metric tells the full story. See the MIL:GPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GPI SpA operates in the field of social-healthcare IT services and hi-tech services for health. It provides services in the areas of IT systems, healthcare, pharmacy logistics, electronic payment solutions, and ICT infrastructures and systemic services.
79GF Score
Get the complete analysis for MIL:GPI
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
MIL:GPI has been successfully added to your 
