General De Galerias Comerciales Socimi (XMAD:GGC) Earnings Yield (Joel Greenblatt) %: 5.22% (As of Dec. 2025) — 33% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:GGC General De Galerias Comerciales Socimi SA XMAD:GGC
93 GF Score
Price €161.00
GF Value €156.19
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is General De Galerias Comerciales Socimi Earnings Yield (Joel Greenblatt) %?

General De Galerias Comerciales Socimi XMAD:GGC 93 Earnings Yield (Joel Greenblatt) % is 5.22% as of Dec. 2025, which is 33% above its 10-year median of 3.93. GuruFocus rates XMAD:GGC with a GF Score™ of 93/100 and a GF Value™ of €156.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 958 REITs companies, General De Galerias Comerciales Socimi ranks better than 64.51% on this metric.

General De Galerias Comerciales Socimi's Enterprise Value for the quarter that ended in Dec. 2025 was €3,936.6 Mil. General De Galerias Comerciales Socimi's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €205.4 Mil. General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.22%.

The historical rank and industry rank for General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

XMAD:GGC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.13   Med: 3.93   Max: 5.22
Current: 5.22

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of General De Galerias Comerciales Socimi was 5.22%. The lowest was 2.13%. And the median was 3.93%.

XMAD:GGC's Earnings Yield (Joel Greenblatt) % is ranked better than
64.51% of 958 companies
in the REITs industry
Industry Median: 3.43 vs XMAD:GGC: 5.22

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) %. General De Galerias Comerciales Socimi's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 20.76%. 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.


General De Galerias Comerciales Socimi  (XMAD:GGC) 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.


General De Galerias Comerciales Socimi Earnings Yield (Joel Greenblatt) % Related Terms


General De Galerias Comerciales Socimi Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for General De Galerias Comerciales Socimi'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.

General De Galerias Comerciales Socimi Earnings Yield (Joel Greenblatt) % Chart

General De Galerias Comerciales Socimi 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 2.89 3.53 4.32 4.79 5.22

General De Galerias Comerciales Socimi Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 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 4.32 0.00 4.79 0.00 5.22

XMAD:GGC vs SPG, O, KIM: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Retail subindustry, General De Galerias Comerciales Socimi'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.


General De Galerias Comerciales Socimi Earnings Yield (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % falls into.


XMAD:GGC
93GF Score
General De Galerias Comerciales Socimi SA XMAD:GGC
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General De Galerias Comerciales Socimi 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.

General De Galerias Comerciales Socimis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=205.368/3936.636
=5.22 %

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 5.22% mean?
General De Galerias Comerciales Socimi (XMAD:GGC) has a Earnings Yield (Joel Greenblatt) % of 5.22% 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 General De Galerias Comerciales Socimi and its competitors. This is 33% above median its historical median of 3.93. Over the past decade, General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % has ranged from 2.13 to 5.22. According to the industry distribution chart, General De Galerias Comerciales Socimi ranks #340 out of 958 companies in the REITs industry, placing it in the top 35.5%.
Is General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % too high?
General De Galerias Comerciales Socimi's current Earnings Yield (Joel Greenblatt) % of 5.22% is 33% above median its 10-year median of 3.93. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 5.22. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.43. General De Galerias Comerciales Socimi's value of 5.22% is 52.2% above this industry median. Based on the distribution chart, General De Galerias Comerciales Socimi ranks #340 out of 958 companies in the REITs industry, which is above the industry midpoint. Overall, General De Galerias Comerciales Socimi has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General De Galerias Comerciales Socimi's Earnings Yield (Joel Greenblatt) % compare to SPG and O?
According to the REITs industry distribution chart, General De Galerias Comerciales Socimi ranks #340 out of 958 companies for Earnings Yield (Joel Greenblatt) %. This puts General De Galerias Comerciales Socimi in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.43. General De Galerias Comerciales Socimi's value of 5.22% is 52.2% above this benchmark. Historically, General De Galerias Comerciales Socimi's own Earnings Yield (Joel Greenblatt) % has ranged from 2.13 to 5.22 over the past decade. While the company's 10-year median is 3.93 vs. the industry median of 3.43, General De Galerias Comerciales Socimi 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 3.43, based on 958 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. General De Galerias Comerciales Socimi's current Earnings Yield (Joel Greenblatt) % of 5.22% is 52.2% 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 General De Galerias Comerciales Socimi and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General De Galerias Comerciales Socimi's current Earnings Yield (Joel Greenblatt) % is 5.22%, which is 33% above median its own 10-year median of 3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General De Galerias Comerciales Socimi stock overvalued right now?
Based on GuruFocus' analysis, General De Galerias Comerciales Socimi (XMAD:GGC) is currently considered Fairly Valued. The stock's GF Value™ is €156.19, compared to a current price of €161.00 — trading 3.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.22%, which is 33% above median its 10-year median of 3.93 and 52.2% above the REITs industry median of 3.43. General De Galerias Comerciales Socimi's overall GF Score™ is 93/100 with 1 warning sign 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 General De Galerias Comerciales Socimi (XMAD:GGC), the current Earnings Yield (Joel Greenblatt) % is 5.22% 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 General De Galerias Comerciales Socimi (XMAD:GGC) Overvalued in 2026?

Based on GuruFocus' analysis, General De Galerias Comerciales Socimi stock appears to be overvalued. The current stock price of €161.00 is trading 3.1% above its estimated GF Value™ of €156.19. GuruFocus considers General De Galerias Comerciales Socimi to be Fairly Valued.

Key valuation signals for XMAD:GGC:

  • Earnings Yield (Joel Greenblatt) %: 5.22% (33% above median its 10-year median of 3.93)
  • GF Value™: €156.19 vs. price of €161.00 (3.1% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 52.2% above the REITs median (#340 of 958)

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


General De Galerias Comerciales Socimi Business Description

Industry Real EstateREITs
Address Ctra. Ojen S/N. P. C. La Canada, Marbella, ESP, 29603
General De Galerías Comerciales Socimi SA is a Spanish investment real estate company. The company is specialized in developing, acquiring and managing quality tertiary real estate assets in the Spanish market. It manages six shopping centres, being five of them located in Andalucía and the other one in Cataluna.
93GF Score

Get the complete analysis for XMAD:GGC

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

€161.00
Price
€156.19
GF Value