iGrandiViaggi SpA (MIL:IGV) Earnings Yield (Joel Greenblatt) %: 2.63% (As of Apr. 2026) — 19% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:IGV iGrandiViaggi SpA MIL:IGV
59 GF Score
Price €1.88
GF Value €1.21
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is iGrandiViaggi SpA Earnings Yield (Joel Greenblatt) %?

iGrandiViaggi SpA MIL:IGV -0.84% 59 Earnings Yield (Joel Greenblatt) % is 2.63% as of Apr. 2026, which is 19% above its 10-year median of 2.21. GuruFocus rates MIL:IGV with a GF Score™ of 59/100 and a GF Value™ of €1.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 859 Travel & Leisure companies, iGrandiViaggi SpA ranks worse than 59.02% on this metric.

iGrandiViaggi SpA's Enterprise Value for the quarter that ended in Apr. 2026 was €87.92 Mil. iGrandiViaggi SpA's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €2.31 Mil. iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 2.63%.

The historical rank and industry rank for iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MIL:IGV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32.69   Med: 2.21   Max: 20.23
Current: 3.41

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of iGrandiViaggi SpA was 20.23%. The lowest was -32.69%. And the median was 2.21%.

MIL:IGV's Earnings Yield (Joel Greenblatt) % is ranked worse than
59.02% of 859 companies
in the Travel & Leisure industry
Industry Median: 4.81 vs MIL:IGV: 3.41

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) %. iGrandiViaggi SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 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.


iGrandiViaggi SpA  (MIL:IGV) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


iGrandiViaggi SpA Earnings Yield (Joel Greenblatt) % Related Terms


iGrandiViaggi SpA Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for iGrandiViaggi 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.

iGrandiViaggi SpA Earnings Yield (Joel Greenblatt) % Chart

iGrandiViaggi SpA Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.32 -1.11 12.85 10.14 4.44

iGrandiViaggi SpA Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.62 2.10 4.44 3.75 2.63

MIL:IGV vs LVS, MGM, WYNN: Earnings Yield (Joel Greenblatt) % Comparison

For the Resorts & Casinos subindustry, iGrandiViaggi 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.


iGrandiViaggi SpA Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) % falls into.


MIL:IGV
59GF Score
iGrandiViaggi SpA MIL:IGV
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iGrandiViaggi SpA 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.

iGrandiViaggi SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=3.886/87.49052
=4.44 %

iGrandiViaggi SpA's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.31 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.63% mean?
iGrandiViaggi SpA (MIL:IGV) has a Earnings Yield (Joel Greenblatt) % of 2.63% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on iGrandiViaggi SpA and its competitors. This is 19% above median its historical median of 2.21. According to the industry distribution chart, iGrandiViaggi SpA ranks #507 out of 859 companies in the Travel & Leisure industry, placing it in the top 59%.
Is iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) % too high?
iGrandiViaggi SpA's current Earnings Yield (Joel Greenblatt) % of 2.63% is 19% above median its 10-year median of 2.21. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.81. iGrandiViaggi SpA's value of 2.63% is 45.3% below this industry median. Based on the distribution chart, iGrandiViaggi SpA ranks #507 out of 859 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, iGrandiViaggi SpA has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iGrandiViaggi SpA's Earnings Yield (Joel Greenblatt) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, iGrandiViaggi SpA ranks #507 out of 859 companies for Earnings Yield (Joel Greenblatt) %. This places iGrandiViaggi SpA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.81. iGrandiViaggi SpA's value of 2.63% is 45.3% below this benchmark. While the company's 10-year median is 2.21 vs. the industry median of 4.81, iGrandiViaggi 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 a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.81, based on 859 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. iGrandiViaggi SpA's current Earnings Yield (Joel Greenblatt) % of 2.63% is 45.3% 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 iGrandiViaggi SpA and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iGrandiViaggi SpA's current Earnings Yield (Joel Greenblatt) % is 2.63%, which is 19% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGrandiViaggi SpA stock overvalued right now?
Based on GuruFocus' analysis, iGrandiViaggi SpA (MIL:IGV) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €1.88 — trading 55.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.63%, which is 19% above median its 10-year median of 2.21 and 45.3% below the Travel & Leisure industry median of 4.81. iGrandiViaggi SpA's overall GF Score™ is 59/100 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 iGrandiViaggi SpA (MIL:IGV), the current Earnings Yield (Joel Greenblatt) % is 2.63% as of Apr. 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 iGrandiViaggi SpA (MIL:IGV) Overvalued in 2026?

Based on GuruFocus' analysis, iGrandiViaggi SpA stock appears to be overvalued. The current stock price of €1.88 is trading 55.7% above its estimated GF Value™ of €1.21. GuruFocus considers iGrandiViaggi SpA to be Significantly Overvalued.

Key valuation signals for MIL:IGV:

  • Earnings Yield (Joel Greenblatt) %: 2.63% (19% above median its 10-year median of 2.21)
  • GF Value™: €1.21 vs. price of €1.88 (55.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 45.3% below the Travel & Leisure median (#507 of 859)

No single metric tells the full story. See the MIL:IGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iGrandiViaggi SpA Business Description

Other Exchanges 95H:Germany
Address Via Della Moscova, 36, Milan, ITA, 20121
iGrandiViaggi SpA owns and manages hotels and resorts in Italy. It operates in Mexico, Oman, United States, UAE, Thailand, Qatar, Kenya, Greece, and Zanzibar.
59GF Score

Get the complete analysis for MIL:IGV

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.88
Price
€1.21
GF Value