MITEF (Mitsubishi Estate Co) Earnings Yield (Joel Greenblatt) %: 5.34% (As of Mar. 2026) — Near Median

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MITEF Mitsubishi Estate Co Ltd MITEF
84 GF Score
Price $23.87
GF Value $19.08
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) %?

Mitsubishi Estate Co MITEF 84 Earnings Yield (Joel Greenblatt) % is 5.34% as of Mar. 2026, which is 2% above its 10-year median of 5.23. GuruFocus rates MITEF with a GF Score™ of 84/100 and a GF Value™ of $19.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,828 Real Estate companies, Mitsubishi Estate Co ranks better than 55.96% on this metric.

Mitsubishi Estate Co's Enterprise Value for the quarter that ended in Mar. 2026 was $48,207 Mil. Mitsubishi Estate Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,633 Mil. Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.34%.

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

MITEF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.14   Med: 5.23   Max: 7.29
Current: 6.01

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mitsubishi Estate Co was 7.29%. The lowest was 3.14%. And the median was 5.23%.

MITEF's Earnings Yield (Joel Greenblatt) % is ranked better than
55.96% of 1828 companies
in the Real Estate industry
Industry Median: 4.695 vs MITEF: 6.01

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) %. Mitsubishi Estate Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.47%. 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.


Mitsubishi Estate Co  (OTCPK:MITEF) 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.


Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) % Related Terms


Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) % Chart

Mitsubishi Estate Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 6.63 5.51 6.98 5.34

Mitsubishi Estate Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.98 6.41 5.57 5.97 5.34

Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.


Mitsubishi Estate Co Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % falls into.


MITEF
84GF Score
Mitsubishi Estate Co Ltd MITEF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Estate Co 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.

Mitsubishi Estate Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2548.929/48207.444
=5.29 %

Mitsubishi Estate Co'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 $2,633 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 5.34% mean?
Mitsubishi Estate Co (MITEF) has a Earnings Yield (Joel Greenblatt) % of 5.34% 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 Mitsubishi Estate Co and its competitors. This is near median its historical median of 5.23. Over the past decade, Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % has ranged from 3.14 to 7.29. According to the industry distribution chart, Mitsubishi Estate Co ranks #805 out of 1828 companies in the Real Estate industry, placing it in the top 44%.
Is Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % too high?
Mitsubishi Estate Co's current Earnings Yield (Joel Greenblatt) % of 5.34% is near median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 7.29. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.70. Mitsubishi Estate Co's value of 5.34% is 13.7% above this industry median. Based on the distribution chart, Mitsubishi Estate Co ranks #805 out of 1828 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mitsubishi Estate Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Co's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Mitsubishi Estate Co ranks #805 out of 1828 companies for Earnings Yield (Joel Greenblatt) %. This puts Mitsubishi Estate Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.70. Mitsubishi Estate Co's value of 5.34% is 13.7% above this benchmark. Historically, Mitsubishi Estate Co's own Earnings Yield (Joel Greenblatt) % has ranged from 3.14 to 7.29 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 4.70, Mitsubishi Estate Co 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.70, based on 1,828 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. Mitsubishi Estate Co's current Earnings Yield (Joel Greenblatt) % of 5.34% is 13.7% 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 Mitsubishi Estate Co and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Estate Co's current Earnings Yield (Joel Greenblatt) % is 5.34%, which is near median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Co (MITEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.08, compared to a current price of $23.87 — trading 25.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.34%, which is near median its 10-year median of 5.23 and 13.7% above the Real Estate industry median of 4.70. Mitsubishi Estate Co's overall GF Score™ is 84/100 with 2 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 Mitsubishi Estate Co (MITEF), the current Earnings Yield (Joel Greenblatt) % is 5.34% 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 Mitsubishi Estate Co (MITEF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Estate Co stock appears to be overvalued. The current stock price of $23.87 is trading 25.1% above its estimated GF Value™ of $19.08. GuruFocus considers Mitsubishi Estate Co to be Modestly Overvalued.

Key valuation signals for MITEF:

  • Earnings Yield (Joel Greenblatt) %: 5.34% (near median its 10-year median of 5.23)
  • GF Value™: $19.08 vs. price of $23.87 (25.1% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 13.7% above the Real Estate median (#805 of 1828)

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


Mitsubishi Estate Co Business Description

Address 1-1, Otemachi 1-chome, Otemachi Park Building, Chiyoda-ku, Tokyo, JPN, 100-8133
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.
84GF Score

Get the complete analysis for MITEF

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

$23.87
Price
$19.08
GF Value