Kaufman & Broad (XPAR:KOF) Earnings Yield (Joel Greenblatt) %: 29.41% (As of May. 2026) — 78% 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.

XPAR:KOF Kaufman & Broad SA XPAR:KOF
77 GF Score
Price €25.05
GF Value €30.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Kaufman & Broad Earnings Yield (Joel Greenblatt) %?

Kaufman & Broad XPAR:KOF 77 Earnings Yield (Joel Greenblatt) % is 29.41% as of May. 2026, which is 78% above its 10-year median of 16.55. GuruFocus rates XPAR:KOF with a GF Score™ of 77/100 and a GF Value™ of €30.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 99 Homebuilding & Construction companies, Kaufman & Broad ranks better than 96.97% on this metric.

Kaufman & Broad's Enterprise Value for the quarter that ended in May. 2026 was €317 Mil. Kaufman & Broad's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €93 Mil. Kaufman & Broad's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was 29.41%.

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

XPAR:KOF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.54   Med: 16.55   Max: 41.11
Current: 29.94

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Kaufman & Broad was 41.11%. The lowest was 7.54%. And the median was 16.55%.

XPAR:KOF's Earnings Yield (Joel Greenblatt) % is ranked better than
96.97% of 99 companies
in the Homebuilding & Construction industry
Industry Median: 6.24 vs XPAR:KOF: 29.94

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) %. Kaufman & Broad's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.


Kaufman & Broad  (XPAR:KOF) 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.


Kaufman & Broad Earnings Yield (Joel Greenblatt) % Related Terms


Kaufman & Broad Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kaufman & Broad'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.

Kaufman & Broad Earnings Yield (Joel Greenblatt) % Chart

Kaufman & Broad Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.23 13.35 25.64 30.30 28.33

Kaufman & Broad Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 25.91 38.46 28.33 24.21 29.41

XPAR:KOF vs DHI, PHM, LEN: Earnings Yield (Joel Greenblatt) % Comparison

For the Residential Construction subindustry, Kaufman & Broad'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.


Kaufman & Broad Earnings Yield (Joel Greenblatt) % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Kaufman & Broad's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kaufman & Broad's Earnings Yield (Joel Greenblatt) % falls into.


XPAR:KOF
77GF Score
Kaufman & Broad SA XPAR:KOF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaufman & Broad 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.

Kaufman & Broads Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=92.831/327.929
=28.31 %

Kaufman & Broad's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €93 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 29.41% mean?
Kaufman & Broad (XPAR:KOF) has a Earnings Yield (Joel Greenblatt) % of 29.41% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Kaufman & Broad and its competitors. This is 78% above median its historical median of 16.55. Over the past decade, Kaufman & Broad's Earnings Yield (Joel Greenblatt) % has ranged from 7.54 to 41.11. According to the industry distribution chart, Kaufman & Broad ranks #3 out of 99 companies in the Homebuilding & Construction industry, placing it in the top 3%.
Is Kaufman & Broad's Earnings Yield (Joel Greenblatt) % too high?
Kaufman & Broad's current Earnings Yield (Joel Greenblatt) % of 29.41% is 78% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 7.54 to a high of 41.11. The Homebuilding & Construction industry median Earnings Yield (Joel Greenblatt) % is 6.24. Kaufman & Broad's value of 29.41% is 371.3% above this industry median. Based on the distribution chart, Kaufman & Broad ranks #3 out of 99 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kaufman & Broad has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaufman & Broad's Earnings Yield (Joel Greenblatt) % compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Kaufman & Broad ranks #3 out of 99 companies for Earnings Yield (Joel Greenblatt) %. This places Kaufman & Broad in the top 3% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.24. Kaufman & Broad's value of 29.41% is 371.3% above this benchmark. Historically, Kaufman & Broad's own Earnings Yield (Joel Greenblatt) % has ranged from 7.54 to 41.11 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 6.24, Kaufman & Broad 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 Homebuilding & Construction company?
The median Earnings Yield (Joel Greenblatt) % among Homebuilding & Construction companies is 6.24, based on 99 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. Kaufman & Broad's current Earnings Yield (Joel Greenblatt) % of 29.41% is 371.3% 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 Kaufman & Broad and its competitors. For the Homebuilding & Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaufman & Broad's current Earnings Yield (Joel Greenblatt) % is 29.41%, which is 78% above median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaufman & Broad stock overvalued right now?
Based on GuruFocus' analysis, Kaufman & Broad (XPAR:KOF) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.29, compared to a current price of €25.05 — trading 17.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 29.41%, which is 78% above median its 10-year median of 16.55 and 371.3% above the Homebuilding & Construction industry median of 6.24. Kaufman & Broad's overall GF Score™ is 77/100 with 3 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 Kaufman & Broad (XPAR:KOF), the current Earnings Yield (Joel Greenblatt) % is 29.41% as of May. 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 Kaufman & Broad (XPAR:KOF) Overvalued in 2026?

Based on GuruFocus' analysis, Kaufman & Broad stock appears to be undervalued. The current stock price of €25.05 is trading 17.3% below its estimated GF Value™ of €30.29. GuruFocus considers Kaufman & Broad to be Modestly Undervalued.

Key valuation signals for XPAR:KOF:

  • Earnings Yield (Joel Greenblatt) %: 29.41% (78% above median its 10-year median of 16.55)
  • GF Value™: €30.29 vs. price of €25.05 (17.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 371.3% above the Homebuilding & Construction median (#3 of 99)

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


Kaufman & Broad Business Description

Other Exchanges KOFp:UK0F07:UK3GH:Germany
Address 127, Avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92207
Kaufman & Broad SA is a real estate property builder and developer. The company's operating business segments include Housing and Commercial Property segment. Through its Housing segments, it develops single-family homes, apartments, and assisted living facilities. Other business activities include land and building lot sales, contracted project management and showroom services. The company derives the majority of revenue from housing segment.
77GF Score

Get the complete analysis for XPAR:KOF

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

€25.05
Price
€30.29
GF Value