Real Estate Split (TSX:RS) Earnings Yield (Joel Greenblatt) %: -9.56% (As of Dec. 2025)

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TSX:RS Real Estate Split Corp TSX:RS
80 GF Score
Price C$10.02
GF Value C$11.15
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Real Estate Split Earnings Yield (Joel Greenblatt) %?

Real Estate Split TSX:RS -0.50% 80 Earnings Yield (Joel Greenblatt) % is -9.56% as of Dec. 2025. GuruFocus rates TSX:RS with a GF Score™ of 80/100 and a GF Value™ of C$11.15 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,629 Asset Management companies, Real Estate Split ranks better than 86.07% on this metric.

Real Estate Split's Enterprise Value for the quarter that ended in Dec. 2025 was C$-122.48 Mil. Real Estate Split's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.71 Mil. Real Estate Split's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was -9.56%.

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

TSX:RS' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -31   Med: 1.7   Max: 29.57
Current: -10.46

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Real Estate Split was 29.57%. The lowest was -31.00%. And the median was 1.70%.

TSX:RS's Earnings Yield (Joel Greenblatt) % is ranked better than
86.07% of 1629 companies
in the Asset Management industry
Industry Median: 0 vs TSX:RS: -10.46

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) %. Real Estate Split's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.


Real Estate Split  (TSX:RS) 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.


Real Estate Split Earnings Yield (Joel Greenblatt) % Related Terms


Real Estate Split Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Real Estate Split'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.

Real Estate Split Earnings Yield (Joel Greenblatt) % Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -44.84 37.17 -6.40 6.49 -9.56

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.40 0.00 6.49 0.00 -9.56

TSX:RS vs BLK, BX, KKR: Earnings Yield (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Real Estate Split'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.


Real Estate Split Earnings Yield (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Split's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


TSX:RS
80GF Score
Real Estate Split Corp TSX:RS
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Real Estate Split 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.

Real Estate Splits Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11.707/-122.48332
=-9.56 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of -9.56% mean?
Real Estate Split (TSX:RS) has a Earnings Yield (Joel Greenblatt) % of -9.56% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Real Estate Split and its competitors. According to the industry distribution chart, Real Estate Split ranks #227 out of 1629 companies in the Asset Management industry, placing it in the top 13.9%.
Is Real Estate Split's Earnings Yield (Joel Greenblatt) % too high?
Real Estate Split's current Earnings Yield (Joel Greenblatt) % is -9.56%. Based on the distribution chart, Real Estate Split ranks #227 out of 1629 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Real Estate Split has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Real Estate Split ranks #227 out of 1629 companies for Earnings Yield (Joel Greenblatt) %. This places Real Estate Split in the top 14% of its industry — outperforming the majority of peers. 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 an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. 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 Real Estate Split and its competitors. Real Estate Split's current Earnings Yield (Joel Greenblatt) % is -9.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$11.15, compared to a current price of C$10.02 — trading 10.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -9.56%. Real Estate Split's overall GF Score™ is 80/100 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 Real Estate Split (TSX:RS), the current Earnings Yield (Joel Greenblatt) % is -9.56% as of Dec. 2025. 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 Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$10.02 is trading 10.1% below its estimated GF Value™ of C$11.15. GuruFocus considers Real Estate Split to be Modestly Undervalued.

Key valuation signals for TSX:RS:

  • Earnings Yield (Joel Greenblatt) %: -9.56%
  • GF Value™: C$11.15 vs. price of C$10.02 (10.1% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
80GF Score

Get the complete analysis for TSX:RS

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

C$10.02
Price
C$11.15
GF Value