Filinvest REIT (PHS:FILRT) Earnings Yield (Joel Greenblatt) %: 7.34% (As of Mar. 2026) — 25% Below 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.

PHS:FILRT Filinvest REIT Corp PHS:FILRT
63 GF Score
Price ₱2.92
GF Value ₱2.95
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Filinvest REIT Earnings Yield (Joel Greenblatt) %?

Filinvest REIT PHS:FILRT 63 Earnings Yield (Joel Greenblatt) % is 7.34% as of Mar. 2026, which is 25% below its 10-year median of 9.77. GuruFocus rates PHS:FILRT with a GF Score™ of 63/100 and a GF Value™ of ₱2.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 973 REITs companies, Filinvest REIT ranks better than 77.6% on this metric.

Filinvest REIT's Enterprise Value for the quarter that ended in Mar. 2026 was ₱24,705 Mil. Filinvest REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱1,812 Mil. Filinvest REIT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.34%.

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

PHS:FILRT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.31   Med: 9.77   Max: 39.48
Current: 7.37

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Filinvest REIT was 39.48%. The lowest was -1.31%. And the median was 9.77%.

PHS:FILRT's Earnings Yield (Joel Greenblatt) % is ranked better than
77.6% of 973 companies
in the REITs industry
Industry Median: 3.49 vs PHS:FILRT: 7.37

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) %. Filinvest REIT'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.


Filinvest REIT  (PHS:FILRT) 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.


Filinvest REIT Earnings Yield (Joel Greenblatt) % Related Terms


Filinvest REIT Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Filinvest REIT'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.

Filinvest REIT Earnings Yield (Joel Greenblatt) % Chart

Filinvest REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 30.67 -1.08 12.50 10.46 6.54

Filinvest REIT 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 9.91 7.98 8.12 6.54 7.34

PHS:FILRT vs BXP, ARE, VNO: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Office subindustry, Filinvest REIT'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.


Filinvest REIT Earnings Yield (Joel Greenblatt) % vs REITs Industry

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

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


PHS:FILRT
63GF Score
Filinvest REIT Corp PHS:FILRT
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Filinvest REIT 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.

Filinvest REITs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1682.455/25734.3651
=6.54 %

Filinvest REIT'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 ₱1,812 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 7.34% mean?
Filinvest REIT (PHS:FILRT) has a Earnings Yield (Joel Greenblatt) % of 7.34% 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 Filinvest REIT and its competitors. This is 25% below median its historical median of 9.77. According to the industry distribution chart, Filinvest REIT ranks #218 out of 973 companies in the REITs industry, placing it in the top 22.4%.
Is Filinvest REIT's Earnings Yield (Joel Greenblatt) % too high?
Filinvest REIT's current Earnings Yield (Joel Greenblatt) % of 7.34% is 25% below median its 10-year median of 9.77. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.49. Filinvest REIT's value of 7.34% is 110.3% above this industry median. Based on the distribution chart, Filinvest REIT ranks #218 out of 973 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Filinvest REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Filinvest REIT's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Filinvest REIT ranks #218 out of 973 companies for Earnings Yield (Joel Greenblatt) %. This places Filinvest REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.49. Filinvest REIT's value of 7.34% is 110.3% above this benchmark. While the company's 10-year median is 9.77 vs. the industry median of 3.49, Filinvest REIT 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 REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.49, based on 973 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. Filinvest REIT's current Earnings Yield (Joel Greenblatt) % of 7.34% is 110.3% 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 Filinvest REIT and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filinvest REIT's current Earnings Yield (Joel Greenblatt) % is 7.34%, which is 25% below median its own 10-year median of 9.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filinvest REIT stock overvalued right now?
Based on GuruFocus' analysis, Filinvest REIT (PHS:FILRT) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.95, compared to a current price of ₱2.92 — trading 1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.34%, which is 25% below median its 10-year median of 9.77 and 110.3% above the REITs industry median of 3.49. Filinvest REIT's overall GF Score™ is 63/100 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 Filinvest REIT (PHS:FILRT), the current Earnings Yield (Joel Greenblatt) % is 7.34% 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 Filinvest REIT (PHS:FILRT) Overvalued in 2026?

Based on GuruFocus' analysis, Filinvest REIT stock appears to be undervalued. The current stock price of ₱2.92 is trading 1% below its estimated GF Value™ of ₱2.95. GuruFocus considers Filinvest REIT to be Fairly Valued.

Key valuation signals for PHS:FILRT:

  • Earnings Yield (Joel Greenblatt) %: 7.34% (25% below median its 10-year median of 9.77)
  • GF Value™: ₱2.95 vs. price of ₱2.92 (1% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 110.3% above the REITs median (#218 of 973)

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


Filinvest REIT Business Description

Industry Real EstateREITs
Address 5th-7th Floor, Vector One Building, Northgate Cyberzon, Filinvest City, Alabang, Muntinlupa, PHL, 1770
Filinvest REIT Corp maintains a competitive and attractive portfolio of office buildings that cater mainly to multinational Business process outsourcing firms. Its portfolio consists of residential, office, retail and industrial developments around the country.
63GF Score

Get the complete analysis for PHS:FILRT

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

₱2.92
Price
₱2.95
GF Value