Freja eID Group AB (OSTO:FREJA) Earnings Yield (Joel Greenblatt) %: -3.18% (As of Mar. 2026)

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.

OSTO:FREJA Freja eID Group AB OSTO:FREJA
56 GF Score
Price kr22.70
GF Value kr11.74
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Freja eID Group AB Earnings Yield (Joel Greenblatt) %?

Freja eID Group AB OSTO:FREJA -2.99% 56 Earnings Yield (Joel Greenblatt) % is -3.18% as of Mar. 2026. GuruFocus rates OSTO:FREJA with a GF Score™ of 56/100 and a GF Value™ of kr11.74 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,910 Software companies, Freja eID Group AB ranks worse than 69.38% on this metric.

Freja eID Group AB's Enterprise Value for the quarter that ended in Mar. 2026 was kr424.97 Mil. Freja eID Group AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr-13.52 Mil. Freja eID Group AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -3.18%.

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

OSTO:FREJA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -58.14   Med: -7.11   Max: -1.92
Current: -2.09

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Freja eID Group AB was -1.92%. The lowest was -58.14%. And the median was -7.11%.

OSTO:FREJA's Earnings Yield (Joel Greenblatt) % is ranked worse than
69.38% of 2910 companies
in the Software industry
Industry Median: 1.995 vs OSTO:FREJA: -2.09

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) %. Freja eID Group AB'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.


Freja eID Group AB  (OSTO:FREJA) 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.


Freja eID Group AB Earnings Yield (Joel Greenblatt) % Related Terms


Freja eID Group AB Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Freja eID Group AB'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.

Freja eID Group AB Earnings Yield (Joel Greenblatt) % Chart

Freja eID Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.97 -46.51 -17.76 -8.22 -2.98

Freja eID Group AB 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 -5.64 -3.95 -3.01 -2.98 -3.18

OSTO:FREJA vs MSFT, ORCL, PLTR: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Freja eID Group AB'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.


Freja eID Group AB Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Freja eID Group AB's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Freja eID Group AB's Earnings Yield (Joel Greenblatt) % falls into.


OSTO:FREJA
56GF Score
Freja eID Group AB OSTO:FREJA
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freja eID Group AB 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.

Freja eID Group ABs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-13.053/438.6715
=-2.98 %

Freja eID Group AB'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 kr-13.52 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -3.18% mean?
Freja eID Group AB (OSTO:FREJA) has a Earnings Yield (Joel Greenblatt) % of -3.18% 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 Freja eID Group AB and its competitors. According to the industry distribution chart, Freja eID Group AB ranks #2019 out of 2910 companies in the Software industry, placing it in the top 69.4%.
Is Freja eID Group AB's Earnings Yield (Joel Greenblatt) % too high?
Freja eID Group AB's current Earnings Yield (Joel Greenblatt) % is -3.18%. Based on the distribution chart, Freja eID Group AB ranks #2019 out of 2910 companies in the Software industry, which is below the industry midpoint. Overall, Freja eID Group AB has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's Earnings Yield (Joel Greenblatt) % compare to MSFT and ORCL?
According to the Software industry distribution chart, Freja eID Group AB ranks #2019 out of 2910 companies for Earnings Yield (Joel Greenblatt) %. This places Freja eID Group AB in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.00. 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 Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.00, based on 2,910 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. 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 Freja eID Group AB and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freja eID Group AB's current Earnings Yield (Joel Greenblatt) % is -3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr11.74, compared to a current price of kr22.70 — trading 93.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -3.18%. Freja eID Group AB's overall GF Score™ is 56/100 with 1 warning sign 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 Freja eID Group AB (OSTO:FREJA), the current Earnings Yield (Joel Greenblatt) % is -3.18% 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?

Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued. The current stock price of kr22.70 is trading 93.4% above its estimated GF Value™ of kr11.74. GuruFocus considers Freja eID Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:FREJA:

  • Earnings Yield (Joel Greenblatt) %: -3.18%
  • GF Value™: kr11.74 vs. price of kr22.70 (93.4% above fair value)
  • GF Score™: 56/100 with 1 warning sign

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


Freja eID Group AB Business Description

Address Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
56GF Score

Get the complete analysis for OSTO:FREJA

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

kr22.70
Price
kr11.74
GF Value