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Toscana Aeroporti SpAMIL:TYA 76 Earnings Yield (Joel Greenblatt) % is 9.88% as of Mar. 2026, which is 73% above its 10-year median of 5.70. GuruFocus rates MIL:TYA with a GF Score™ of 76/100 and a GF Value™ of €19.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,025 Transportation companies, Toscana Aeroporti SpA ranks better than 65.66% on this metric.
Toscana Aeroporti SpA's Enterprise Value for the quarter that ended in Mar. 2026 was €320.1 Mil.
Toscana Aeroporti SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €31.6 Mil. Toscana Aeroporti SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.88%.
The historical rank and industry rank for Toscana Aeroporti SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MIL:TYA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.68 Med: 5.7 Max: 14.68
Current: 9.34
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Toscana Aeroporti SpA was 14.68%. The lowest was -8.68%. And the median was 5.70%.
MIL:TYA's Earnings Yield (Joel Greenblatt) % is ranked better than 65.66% of 1025
companies
in the Transportation industry
Industry Median: 6.83
vs MIL:TYA: 9.34
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) %. Toscana Aeroporti SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
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.
Toscana Aeroporti SpA Earnings Yield (Joel Greenblatt) % Related Terms
Toscana Aeroporti SpA Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Toscana Aeroporti 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.
MIL:TYA vs JOBY, CAAP: Earnings Yield (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Toscana Aeroporti 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.
Toscana Aeroporti SpA Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Toscana Aeroporti SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Toscana Aeroporti 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.
Toscana Aeroporti SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Toscana Aeroporti SpA'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 €31.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.88% mean?
Toscana Aeroporti SpA (MIL:TYA) has a Earnings Yield (Joel Greenblatt) % of 9.88% 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 Toscana Aeroporti SpA and its competitors. This is 73% above median its historical median of 5.70. According to the industry distribution chart, Toscana Aeroporti SpA ranks #352 out of 1025 companies in the Transportation industry, placing it in the top 34.3%.
Is Toscana Aeroporti SpA's Earnings Yield (Joel Greenblatt) % too high?
Toscana Aeroporti SpA's current Earnings Yield (Joel Greenblatt) % of 9.88% is 73% above median its 10-year median of 5.70. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.83. Toscana Aeroporti SpA's value of 9.88% is 44.7% above this industry median. Based on the distribution chart, Toscana Aeroporti SpA ranks #352 out of 1025 companies in the Transportation industry, which is above the industry midpoint. Overall, Toscana Aeroporti SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toscana Aeroporti SpA's Earnings Yield (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Toscana Aeroporti SpA ranks #352 out of 1025 companies for Earnings Yield (Joel Greenblatt) %. This puts Toscana Aeroporti SpA in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.83. Toscana Aeroporti SpA's value of 9.88% is 44.7% above this benchmark. While the company's 10-year median is 5.70 vs. the industry median of 6.83, Toscana Aeroporti 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.83, based on 1,025 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. Toscana Aeroporti SpA's current Earnings Yield (Joel Greenblatt) % of 9.88% is 44.7% 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 Toscana Aeroporti SpA and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toscana Aeroporti SpA's current Earnings Yield (Joel Greenblatt) % is 9.88%, which is 73% above median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toscana Aeroporti SpA stock overvalued right now?
Based on GuruFocus' analysis, Toscana Aeroporti SpA (MIL:TYA) is currently considered Fairly Valued. The stock's GF Value™ is €19.20, compared to a current price of €18.90 — trading 1.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.88%, which is 73% above median its 10-year median of 5.70 and 44.7% above the Transportation industry median of 6.83. Toscana Aeroporti SpA's overall GF Score™ is 76/100 with 7 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 Toscana Aeroporti SpA (MIL:TYA), the current Earnings Yield (Joel Greenblatt) % is 9.88% 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 Toscana Aeroporti SpA (MIL:TYA) Overvalued in 2026?
Based on GuruFocus' analysis, Toscana Aeroporti SpA stock appears to be undervalued.
The current stock price of €18.90 is trading 1.6% below its estimated GF Value™ of €19.20.
GuruFocus considers Toscana Aeroporti SpA to be Fairly Valued.
Key valuation signals for MIL:TYA:
Earnings Yield (Joel Greenblatt) %: 9.88% (73% above median its 10-year median of 5.70)
GF Value™: €19.20 vs. price of €18.90 (1.6% below fair value)
Industry Position: 44.7% above the Transportation median (#352 of 1025)
No single metric tells the full story. See the MIL:TYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toscana Aeroporti SpA is engaged in the management of the airports of Pisa and Florence in Italy. The company manages handling activities and provides warehousing, freight forwarding, and air courier services.
76GF Score
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