Fund Estates REIT (XBUL:FUES) Earnings Yield (Joel Greenblatt) %: 4.53% (As of Jun. 2026) — 95% Above Median

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What is Fund Estates REIT Earnings Yield (Joel Greenblatt) %?

Fund Estates REIT XBUL:FUES Earnings Yield (Joel Greenblatt) % is 4.53% as of Jun. 2026, which is 95% above its 10-year median of 2.32. The stock has 4 warning signs investors should review. Among 957 REITs companies, Fund Estates REIT ranks better than 61.34% on this metric.

Fund Estates REIT's Enterprise Value for the quarter that ended in Jun. 2026 was €10.45 Mil. Fund Estates REIT's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €0.47 Mil. Fund Estates REIT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.53%.

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

XBUL:FUES' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.62   Med: 2.32   Max: 14.57
Current: 4.72

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Fund Estates REIT was 14.57%. The lowest was -10.62%. And the median was 2.32%.

XBUL:FUES's Earnings Yield (Joel Greenblatt) % is ranked better than
61.34% of 957 companies
in the REITs industry
Industry Median: 3.5 vs XBUL:FUES: 4.72

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) %. Fund Estates 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.


Fund Estates REIT  (XBUL:FUES) 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.


Fund Estates REIT Earnings Yield (Joel Greenblatt) % Related Terms


Fund Estates REIT Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fund Estates 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.

Fund Estates REIT Earnings Yield (Joel Greenblatt) % Chart

Fund Estates 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 1.45 2.32 6.03 8.71 6.24

Fund Estates 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 14.60 14.08 6.24 7.08 4.53

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

For the REIT - Diversified subindustry, Fund Estates 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.


Fund Estates REIT Earnings Yield (Joel Greenblatt) % vs REITs Industry

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

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



Fund Estates 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.831/13.31255
=6.24 %

Fund Estates 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 €0.47 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 4.53% mean?
Fund Estates REIT (XBUL:FUES) has a Earnings Yield (Joel Greenblatt) % of 4.53% 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 Fund Estates REIT and its competitors. This is 95% above median its historical median of 2.32. According to the industry distribution chart, Fund Estates REIT ranks #370 out of 957 companies in the REITs industry, placing it in the top 38.7%.
Is Fund Estates REIT's Earnings Yield (Joel Greenblatt) % too high?
Fund Estates REIT's current Earnings Yield (Joel Greenblatt) % of 4.53% is 95% above median its 10-year median of 2.32. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.50. Fund Estates REIT's value of 4.53% is 29.4% above this industry median. Based on the distribution chart, Fund Estates REIT ranks #370 out of 957 companies in the REITs industry, which is above the industry midpoint.
How does Fund Estates REIT's Earnings Yield (Joel Greenblatt) % compare to VICI and WPC?
According to the REITs industry distribution chart, Fund Estates REIT ranks #370 out of 957 companies for Earnings Yield (Joel Greenblatt) %. This puts Fund Estates REIT in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.50. Fund Estates REIT's value of 4.53% is 29.4% above this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 3.50, Fund Estates 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 3.50, based on 957 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. Fund Estates REIT's current Earnings Yield (Joel Greenblatt) % of 4.53% is 29.4% 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 Fund Estates REIT and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fund Estates REIT's current Earnings Yield (Joel Greenblatt) % is 4.53%, which is 95% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fund Estates REIT stock overvalued right now?
Based on GuruFocus' analysis, Fund Estates REIT (XBUL:FUES) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.03, compared to a current price of €0.03 — trading 10% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.53%, which is 95% above median its 10-year median of 2.32 and 29.4% above the REITs industry median of 3.50. 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 Fund Estates REIT (XBUL:FUES), the current Earnings Yield (Joel Greenblatt) % is 4.53% 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.

Fund Estates REIT Business Description

Industry Real EstateREITs
Address Bul. Tsarigradsko shose 159, Sofia, BGR, 1784
Fund Estates REIT is engaged in the securitization of real estate. The scope of activity of the company includes fundraising through the issuance of securities and subsequent investment of the raised funds in real estate and real rights on real estates, construction works, improvements and furnishing in the latter, in order to provide them with management, rent, lease or lease and/or subsequent sale.