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Meridia Real Estate III SocimiXMAD:YMRE 51 Earnings Yield (Joel Greenblatt) % is 5.83% as of Jun. 2026, which is 15% below its 10-year median of 6.85. GuruFocus rates XMAD:YMRE with a GF Score™ of 51/100 and a GF Value™ of €6.54 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 953 REITs companies, Meridia Real Estate III Socimi ranks worse than 61.59% on this metric.
Meridia Real Estate III Socimi's Enterprise Value for the quarter that ended in Jun. 2026 was €129.90 Mil.
Meridia Real Estate III Socimi's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €2.57 Mil. Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.83%.
The historical rank and industry rank for Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
XMAD:YMRE'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.22 Med: 6.85 Max: 86.88
Current: 1.99
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Meridia Real Estate III Socimi was 86.88%. The lowest was -14.22%. And the median was 6.85%.
XMAD:YMRE's Earnings Yield (Joel Greenblatt) % is ranked worse than 61.59% of 953
companies
in the REITs industry
Industry Median: 3.53
vs XMAD:YMRE: 1.99
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) %. Meridia Real Estate III Socimi'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.
Meridia Real Estate III Socimi (XMAD:YMRE) 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.
Meridia Real Estate III Socimi Earnings Yield (Joel Greenblatt) % Chart
For the REIT - Office subindustry, Meridia Real Estate III 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.
Meridia Real Estate III Socimi Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) % falls into.
Meridia Real Estate III 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.
Meridia Real Estate III Socimis Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Meridia Real Estate III Socimi'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 €2.57 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.83% mean?
Meridia Real Estate III Socimi (XMAD:YMRE) has a Earnings Yield (Joel Greenblatt) % of 5.83% 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 Meridia Real Estate III Socimi and its competitors. This is 15% below median its historical median of 6.85. According to the industry distribution chart, Meridia Real Estate III Socimi ranks #587 out of 953 companies in the REITs industry, placing it in the top 61.6%.
Is Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) % too high?
Meridia Real Estate III Socimi's current Earnings Yield (Joel Greenblatt) % of 5.83% is 15% below median its 10-year median of 6.85. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.53. Meridia Real Estate III Socimi's value of 5.83% is 65.2% above this industry median. Based on the distribution chart, Meridia Real Estate III Socimi ranks #587 out of 953 companies in the REITs industry, which is below the industry midpoint. Overall, Meridia Real Estate III Socimi has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridia Real Estate III Socimi's Earnings Yield (Joel Greenblatt) % compare to BXP and ARE?
According to the REITs industry distribution chart, Meridia Real Estate III Socimi ranks #587 out of 953 companies for Earnings Yield (Joel Greenblatt) %. This places Meridia Real Estate III Socimi in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.53. Meridia Real Estate III Socimi's value of 5.83% is 65.2% above this benchmark. While the company's 10-year median is 6.85 vs. the industry median of 3.53, Meridia Real Estate III 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 3.53, based on 953 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. Meridia Real Estate III Socimi's current Earnings Yield (Joel Greenblatt) % of 5.83% is 65.2% 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 Meridia Real Estate III Socimi 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. Meridia Real Estate III Socimi's current Earnings Yield (Joel Greenblatt) % is 5.83%, which is 15% below median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridia Real Estate III Socimi stock overvalued right now?
Based on GuruFocus' analysis, Meridia Real Estate III Socimi (XMAD:YMRE) is currently considered Possible Value Trap. The stock's GF Value™ is €6.54, compared to a current price of €0.77 — trading 88.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.83%, which is 15% below median its 10-year median of 6.85 and 65.2% above the REITs industry median of 3.53. Meridia Real Estate III Socimi's overall GF Score™ is 51/100 with 5 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 Meridia Real Estate III Socimi (XMAD:YMRE), the current Earnings Yield (Joel Greenblatt) % is 5.83% 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 Meridia Real Estate III Socimi (XMAD:YMRE) Overvalued in 2026?
Based on GuruFocus' analysis, Meridia Real Estate III Socimi stock appears to be undervalued.
The current stock price of €0.77 is trading 88.2% below its estimated GF Value™ of €6.54.
GuruFocus considers Meridia Real Estate III Socimi to be Possible Value Trap.
Key valuation signals for XMAD:YMRE:
Earnings Yield (Joel Greenblatt) %: 5.83% (15% below median its 10-year median of 6.85)
GF Value™: €6.54 vs. price of €0.77 (88.2% below fair value)
Industry Position: 65.2% above the REITs median (#587 of 953)
No single metric tells the full story. See the XMAD:YMRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridia Real Estate III Socimi SA operates as a real estate investment trust. It invests in all real estate segments, especially offices and logistics, in Madrid and Barcelona.
51GF Score
Get the complete analysis for XMAD:YMRE
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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