DM Wenceslao & Associates (PHS:DMW) Earnings Yield (Joel Greenblatt) %: 12.00% (As of Mar. 2026) — Near Median

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PHS:DMW DM Wenceslao & Associates Inc PHS:DMW
61 GF Score
Price ₱4.90
GF Value ₱5.18
Valuation Fairly Valued
! 6 Warning Signs
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What is DM Wenceslao & Associates Earnings Yield (Joel Greenblatt) %?

DM Wenceslao & Associates PHS:DMW -2.00% 61 Earnings Yield (Joel Greenblatt) % is 12.00% as of Mar. 2026, which is 6% below its 10-year median of 12.72. GuruFocus rates PHS:DMW with a GF Score™ of 61/100 and a GF Value™ of ₱5.18 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,829 Real Estate companies, DM Wenceslao & Associates ranks better than 80.86% on this metric.

DM Wenceslao & Associates's Enterprise Value for the quarter that ended in Mar. 2026 was ₱21,875 Mil. DM Wenceslao & Associates's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱2,625 Mil. DM Wenceslao & Associates's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 12.00%.

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

PHS:DMW' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.67   Med: 12.72   Max: 36.29
Current: 12.09

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of DM Wenceslao & Associates was 36.29%. The lowest was 7.67%. And the median was 12.72%.

PHS:DMW's Earnings Yield (Joel Greenblatt) % is ranked better than
80.86% of 1829 companies
in the Real Estate industry
Industry Median: 4.78 vs PHS:DMW: 12.09

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) %. DM Wenceslao & Associates's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 16.50%. 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.


DM Wenceslao & Associates  (PHS:DMW) 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.


DM Wenceslao & Associates Earnings Yield (Joel Greenblatt) % Related Terms


DM Wenceslao & Associates Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DM Wenceslao & Associates'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.

DM Wenceslao & Associates Earnings Yield (Joel Greenblatt) % Chart

DM Wenceslao & Associates 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 11.64 13.05 35.46 12.21 11.82

DM Wenceslao & Associates 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 13.85 12.39 12.36 11.82 12.00

PHS:DMW vs CBRE, BEKE, JLL: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, DM Wenceslao & Associates'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.


DM Wenceslao & Associates Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

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

* The bar in red indicates where DM Wenceslao & Associates's Earnings Yield (Joel Greenblatt) % falls into.


PHS:DMW
61GF Score
DM Wenceslao & Associates Inc PHS:DMW
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DM Wenceslao & Associates 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.

DM Wenceslao & Associatess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2638.755/22327.927
=11.82 %

DM Wenceslao & Associates'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 ₱2,625 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 12.00% mean?
DM Wenceslao & Associates (PHS:DMW) has a Earnings Yield (Joel Greenblatt) % of 12.00% 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 DM Wenceslao & Associates and its competitors. This is near median its historical median of 12.72. Over the past decade, DM Wenceslao & Associates' Earnings Yield (Joel Greenblatt) % has ranged from 7.67 to 36.29. According to the industry distribution chart, DM Wenceslao & Associates ranks #350 out of 1829 companies in the Real Estate industry, placing it in the top 19.1%.
Is DM Wenceslao & Associates' Earnings Yield (Joel Greenblatt) % too high?
DM Wenceslao & Associates' current Earnings Yield (Joel Greenblatt) % of 12.00% is near median its 10-year median of 12.72. Over the past 10 years, this metric has ranged from a low of 7.67 to a high of 36.29. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. DM Wenceslao & Associates' value of 12.00% is 151% above this industry median. Based on the distribution chart, DM Wenceslao & Associates ranks #350 out of 1829 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, DM Wenceslao & Associates has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DM Wenceslao & Associates' Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, DM Wenceslao & Associates ranks #350 out of 1829 companies for Earnings Yield (Joel Greenblatt) %. This places DM Wenceslao & Associates in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. DM Wenceslao & Associates' value of 12.00% is 151% above this benchmark. Historically, DM Wenceslao & Associates' own Earnings Yield (Joel Greenblatt) % has ranged from 7.67 to 36.29 over the past decade. While the company's 10-year median is 12.72 vs. the industry median of 4.78, DM Wenceslao & Associates 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 4.78, based on 1,829 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. DM Wenceslao & Associates's current Earnings Yield (Joel Greenblatt) % of 12.00% is 151% 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 DM Wenceslao & Associates and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DM Wenceslao & Associates's current Earnings Yield (Joel Greenblatt) % is 12.00%, which is near median its own 10-year median of 12.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DM Wenceslao & Associates stock overvalued right now?
Based on GuruFocus' analysis, DM Wenceslao & Associates (PHS:DMW) is currently considered Fairly Valued. The stock's GF Value™ is ₱5.18, compared to a current price of ₱4.90 — trading 5.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.00%, which is near median its 10-year median of 12.72 and 151% above the Real Estate industry median of 4.78. DM Wenceslao & Associates' overall GF Score™ is 61/100 with 6 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 DM Wenceslao & Associates (PHS:DMW), the current Earnings Yield (Joel Greenblatt) % is 12.00% 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 DM Wenceslao & Associates (PHS:DMW) Overvalued in 2026?

Based on GuruFocus' analysis, DM Wenceslao & Associates stock appears to be undervalued. The current stock price of ₱4.90 is trading 5.4% below its estimated GF Value™ of ₱5.18. GuruFocus considers DM Wenceslao & Associates to be Fairly Valued.

Key valuation signals for PHS:DMW:

  • Earnings Yield (Joel Greenblatt) %: 12.00% (near median its 10-year median of 12.72)
  • GF Value™: ₱5.18 vs. price of ₱4.90 (5.4% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 151% above the Real Estate median (#350 of 1829)

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


DM Wenceslao & Associates Business Description

Address Pres D. Macapagal Boulevard, Corner Asean Avenue, 15th Floor, Aseana 3 Building, Aseana City, Metro Manila, Paranaque, PHL, 1701
DM Wenceslao & Associates Inc is an integrated property developer specializing in land reclamation, construction, and real estate development. It operates in three business segments: Construction, which refers to the general construction business that involves site development, earthworks, structural and civil works, masonry works, architectural finishes, electrical works, plumbing and sanitary works, fire protection works, and mechanical works; Residential segment involves the development and sale of residential units and land; and Leasing, which includes leasing refers to leasing of real estate properties, including land and building and other structures. The maximum revenue is from Leasing.
61GF Score

Get the complete analysis for PHS:DMW

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

₱4.90
Price
₱5.18
GF Value