Italpinas Development (PHS:IDC) Earnings Yield (Joel Greenblatt) %: 32.36% (As of Mar. 2026) — 169% Above Median

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PHS:IDC Italpinas Development Corp PHS:IDC
75 GF Score
Price ₱0.69
GF Value ₱1.38
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Italpinas Development Earnings Yield (Joel Greenblatt) %?

Italpinas Development PHS:IDC +2.99% 75 Earnings Yield (Joel Greenblatt) % is 32.36% as of Mar. 2026, which is 169% above its 10-year median of 12.02. GuruFocus rates PHS:IDC with a GF Score™ of 75/100 and a GF Value™ of ₱1.38 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,827 Real Estate companies, Italpinas Development ranks better than 95.29% on this metric.

Italpinas Development's Enterprise Value for the quarter that ended in Mar. 2026 was ₱1,312.5 Mil. Italpinas Development's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱424.7 Mil. Italpinas Development's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 32.36%.

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

PHS:IDC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.27   Med: 12.02   Max: 45.53
Current: 34.43

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Italpinas Development was 45.53%. The lowest was 1.27%. And the median was 12.02%.

PHS:IDC's Earnings Yield (Joel Greenblatt) % is ranked better than
95.29% of 1827 companies
in the Real Estate industry
Industry Median: 4.78 vs PHS:IDC: 34.43

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) %. Italpinas Development's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 4.76%. 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.


Italpinas Development  (PHS:IDC) 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.


Italpinas Development Earnings Yield (Joel Greenblatt) % Related Terms


Italpinas Development Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Italpinas Development'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.

Italpinas Development Earnings Yield (Joel Greenblatt) % Chart

Italpinas Development 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 10.50 17.06 22.47 34.13 31.15

Italpinas Development 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 41.84 41.49 38.17 31.15 32.36

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

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

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

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


PHS:IDC
75GF Score
Italpinas Development Corp PHS:IDC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italpinas Development 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=412.561/1322.80748
=31.19 %

Italpinas Development'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 ₱424.7 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 32.36% mean?
Italpinas Development (PHS:IDC) has a Earnings Yield (Joel Greenblatt) % of 32.36% 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 Italpinas Development and its competitors. This is 169% above median its historical median of 12.02. Over the past decade, Italpinas Development's Earnings Yield (Joel Greenblatt) % has ranged from 1.27 to 45.53. According to the industry distribution chart, Italpinas Development ranks #86 out of 1827 companies in the Real Estate industry, placing it in the top 4.7%.
Is Italpinas Development's Earnings Yield (Joel Greenblatt) % too high?
Italpinas Development's current Earnings Yield (Joel Greenblatt) % of 32.36% is 169% above median its 10-year median of 12.02. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 45.53. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. Italpinas Development's value of 32.36% is 577% above this industry median. Based on the distribution chart, Italpinas Development ranks #86 out of 1827 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Italpinas Development has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Italpinas Development ranks #86 out of 1827 companies for Earnings Yield (Joel Greenblatt) %. This places Italpinas Development in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. Italpinas Development's value of 32.36% is 577% above this benchmark. Historically, Italpinas Development's own Earnings Yield (Joel Greenblatt) % has ranged from 1.27 to 45.53 over the past decade. While the company's 10-year median is 12.02 vs. the industry median of 4.78, Italpinas Development 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 1,827 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. Italpinas Development's current Earnings Yield (Joel Greenblatt) % of 32.36% is 577% 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 Italpinas Development 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. Italpinas Development's current Earnings Yield (Joel Greenblatt) % is 32.36%, which is 169% above median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.38, compared to a current price of ₱0.69 — trading 50% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 32.36%, which is 169% above median its 10-year median of 12.02 and 577% above the Real Estate industry median of 4.78. Italpinas Development's overall GF Score™ is 75/100 with 8 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 Italpinas Development (PHS:IDC), the current Earnings Yield (Joel Greenblatt) % is 32.36% 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.69 is trading 50% below its estimated GF Value™ of ₱1.38. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • Earnings Yield (Joel Greenblatt) %: 32.36% (169% above median its 10-year median of 12.02)
  • GF Value™: ₱1.38 vs. price of ₱0.69 (50% below fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 577% above the Real Estate median (#86 of 1827)

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
75GF Score

Get the complete analysis for PHS:IDC

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

₱0.69
Price
₱1.38
GF Value