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Fomento de Construcciones y ContratasXMAD:FCC +1.71%75 Earnings Yield (Joel Greenblatt) % is 6.73% as of Dec. 2025, which is 20% below its 10-year median of 8.37. GuruFocus rates XMAD:FCC with a GF Score™ of 75/100 and a GF Value™ of €10.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 248 Waste Management companies, Fomento de Construcciones y Contratas ranks worse than 50.81% on this metric.
The historical rank and industry rank for Fomento de Construcciones y Contratas's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XMAD:FCC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.35 Med: 8.37 Max: 15.26
Current: 3.64
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Fomento de Construcciones y Contratas was 15.26%. The lowest was 1.35%. And the median was 8.37%.
XMAD:FCC's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.81% of 248
companies
in the Waste Management industry
Industry Median: 3.735
vs XMAD:FCC: 3.64
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) %. Fomento de Construcciones y Contratas's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 10.05%. 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.
Fomento de Construcciones y Contratas (XMAD:FCC) 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.
* 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.
Fomento de Construcciones y Contratas Earnings Yield (Joel Greenblatt) % Chart
For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.
Fomento de Construcciones y Contratas Earnings Yield (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fomento de Construcciones y Contratas's Earnings Yield (Joel Greenblatt) % falls into.
Fomento de Construcciones y Contratas 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.
Fomento de Construcciones y Contratas's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €350 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.73% mean?
Fomento de Construcciones y Contratas (XMAD:FCC) has a Earnings Yield (Joel Greenblatt) % of 6.73% 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 Fomento de Construcciones y Contratas and its competitors. This is 20% below median its historical median of 8.37. Over the past decade, Fomento de Construcciones y Contratas' Earnings Yield (Joel Greenblatt) % has ranged from 1.35 to 15.26. According to the industry distribution chart, Fomento de Construcciones y Contratas ranks #126 out of 248 companies in the Waste Management industry, placing it in the top 50.8%.
Is Fomento de Construcciones y Contratas' Earnings Yield (Joel Greenblatt) % too high?
Fomento de Construcciones y Contratas' current Earnings Yield (Joel Greenblatt) % of 6.73% is 20% below median its 10-year median of 8.37. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 15.26. The Waste Management industry median Earnings Yield (Joel Greenblatt) % is 3.74. Fomento de Construcciones y Contratas' value of 6.73% is 80.2% above this industry median. Based on the distribution chart, Fomento de Construcciones y Contratas ranks #126 out of 248 companies in the Waste Management industry, which is below the industry midpoint. Overall, Fomento de Construcciones y Contratas has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fomento de Construcciones y Contratas' Earnings Yield (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Fomento de Construcciones y Contratas ranks #126 out of 248 companies for Earnings Yield (Joel Greenblatt) %. This places Fomento de Construcciones y Contratas in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.74. Fomento de Construcciones y Contratas' value of 6.73% is 80.2% above this benchmark. Historically, Fomento de Construcciones y Contratas' own Earnings Yield (Joel Greenblatt) % has ranged from 1.35 to 15.26 over the past decade. While the company's 10-year median is 8.37 vs. the industry median of 3.74, Fomento de Construcciones y Contratas 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 Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.74, based on 248 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. Fomento de Construcciones y Contratas's current Earnings Yield (Joel Greenblatt) % of 6.73% is 80.2% 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 Fomento de Construcciones y Contratas and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento de Construcciones y Contratas's current Earnings Yield (Joel Greenblatt) % is 6.73%, which is 20% below median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento de Construcciones y Contratas stock overvalued right now?
Based on GuruFocus' analysis, Fomento de Construcciones y Contratas (XMAD:FCC) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.68, compared to a current price of €11.88 — trading 11.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.73%, which is 20% below median its 10-year median of 8.37 and 80.2% above the Waste Management industry median of 3.74. Fomento de Construcciones y Contratas' overall GF Score™ is 75/100 with 9 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 Fomento de Construcciones y Contratas (XMAD:FCC), the current Earnings Yield (Joel Greenblatt) % is 6.73% 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 Fomento de Construcciones y Contratas (XMAD:FCC) Overvalued in 2026?
Based on GuruFocus' analysis, Fomento de Construcciones y Contratas stock appears to be overvalued.
The current stock price of €11.88 is trading 11.2% above its estimated GF Value™ of €10.68.
GuruFocus considers Fomento de Construcciones y Contratas to be Modestly Overvalued.
Key valuation signals for XMAD:FCC:
Earnings Yield (Joel Greenblatt) %: 6.73% (20% below median its 10-year median of 8.37)
GF Value™: €10.68 vs. price of €11.88 (11.2% above fair value)
Industry Position: 80.2% above the Waste Management median (#126 of 248)
No single metric tells the full story. See the XMAD:FCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fomento de Construcciones y Contratas Business Description
Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.
75GF Score
Get the complete analysis for XMAD:FCC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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