FairPlay Properties REIT (XBUL:FPP) Earnings Yield (Joel Greenblatt) %: 9.37% (As of Jun. 2026) — 281% Above Median

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XBUL:FPP FairPlay Properties REIT XBUL:FPP
52 GF Score
Price €0.68
GF Value €0.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is FairPlay Properties REIT Earnings Yield (Joel Greenblatt) %?

FairPlay Properties REIT XBUL:FPP 52 Earnings Yield (Joel Greenblatt) % is 9.37% as of Jun. 2026, which is 281% above its 10-year median of 2.46. GuruFocus rates XBUL:FPP with a GF Score™ of 52/100 and a GF Value™ of €0.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 948 REITs companies, FairPlay Properties REIT ranks better than 76.27% on this metric.

FairPlay Properties REIT's Enterprise Value for the quarter that ended in Jun. 2026 was €48.28 Mil. FairPlay Properties REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €4.53 Mil. FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.37%.

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

XBUL:FPP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.72   Med: 2.46   Max: 24.32
Current: 7.44

During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of FairPlay Properties REIT was 24.32%. The lowest was -2.72%. And the median was 2.46%.

XBUL:FPP's Earnings Yield (Joel Greenblatt) % is ranked better than
76.27% of 948 companies
in the REITs industry
Industry Median: 3.525 vs XBUL:FPP: 7.44

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) %. FairPlay Properties REIT's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.


FairPlay Properties REIT  (XBUL:FPP) 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.


FairPlay Properties REIT Earnings Yield (Joel Greenblatt) % Related Terms


FairPlay Properties REIT Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for FairPlay Properties 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.

FairPlay Properties REIT Earnings Yield (Joel Greenblatt) % Chart

FairPlay Properties REIT 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 -0.30 5.19 2.21 5.40 7.77

FairPlay Properties REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.27 8.45 7.77 18.08 9.37

XBUL:FPP vs VICI, WPC: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Diversified subindustry, FairPlay Properties 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.


FairPlay Properties REIT Earnings Yield (Joel Greenblatt) % vs REITs Industry

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

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


XBUL:FPP
52GF Score
FairPlay Properties REIT XBUL:FPP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FairPlay Properties 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10.103/130.03565
=7.77 %

FairPlay Properties REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.53 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.37% mean?
FairPlay Properties REIT (XBUL:FPP) has a Earnings Yield (Joel Greenblatt) % of 9.37% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on FairPlay Properties REIT and its competitors. This is 281% above median its historical median of 2.46. According to the industry distribution chart, FairPlay Properties REIT ranks #225 out of 948 companies in the REITs industry, placing it in the top 23.7%.
Is FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) % too high?
FairPlay Properties REIT's current Earnings Yield (Joel Greenblatt) % of 9.37% is 281% above median its 10-year median of 2.46. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.53. FairPlay Properties REIT's value of 9.37% is 165.8% above this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #225 out of 948 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #225 out of 948 companies for Earnings Yield (Joel Greenblatt) %. This places FairPlay Properties REIT in the top 24% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.53. FairPlay Properties REIT's value of 9.37% is 165.8% above this benchmark. While the company's 10-year median is 2.46 vs. the industry median of 3.53, FairPlay Properties 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 3.53, based on 948 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. FairPlay Properties REIT's current Earnings Yield (Joel Greenblatt) % of 9.37% is 165.8% 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 FairPlay Properties REIT and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FairPlay Properties REIT's current Earnings Yield (Joel Greenblatt) % is 9.37%, which is 281% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.88, compared to a current price of €0.68 — trading 22.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.37%, which is 281% above median its 10-year median of 2.46 and 165.8% above the REITs industry median of 3.53. FairPlay Properties REIT's overall GF Score™ is 52/100 with 4 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 FairPlay Properties REIT (XBUL:FPP), the current Earnings Yield (Joel Greenblatt) % is 9.37% as of Jun. 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?

Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued. The current stock price of €0.68 is trading 22.7% below its estimated GF Value™ of €0.88. GuruFocus considers FairPlay Properties REIT to be Modestly Undervalued.

Key valuation signals for XBUL:FPP:

  • Earnings Yield (Joel Greenblatt) %: 9.37% (281% above median its 10-year median of 2.46)
  • GF Value™: €0.88 vs. price of €0.68 (22.7% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 165.8% above the REITs median (#225 of 948)

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


FairPlay Properties REIT Business Description

Industry Real EstateREITs
Address 51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
52GF Score

Get the complete analysis for XBUL:FPP

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

€0.68
Price
€0.88
GF Value