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Airports Of ThailandAPTPF 89 Earnings Yield (Joel Greenblatt) % is 3.27% as of Mar. 2026, which is 5% above its 10-year median of 3.11. GuruFocus rates APTPF with a GF Score™ of 89/100 and a GF Value™ of $1.33 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,022 Transportation companies, Airports Of Thailand ranks worse than 75.73% on this metric.
Airports Of Thailand's Enterprise Value for the quarter that ended in Mar. 2026 was $17,049 Mil.
Airports Of Thailand's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $788 Mil. Airports Of Thailand's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.27%.
The historical rank and industry rank for Airports Of Thailand's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
APTPF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.03 Med: 3.11 Max: 6.14
Current: 2.7
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Airports Of Thailand was 6.14%. The lowest was -2.03%. And the median was 3.11%.
APTPF's Earnings Yield (Joel Greenblatt) % is ranked worse than 75.73% of 1022
companies
in the Transportation industry
Industry Median: 6.855
vs APTPF: 2.70
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) %. Airports Of Thailand's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Airports Of Thailand (OTCPK:APTPF) 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.
Airports Of Thailand Earnings Yield (Joel Greenblatt) % Related Terms
Airports Of Thailand Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Airports Of Thailand'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.
Airports Of Thailand Earnings Yield (Joel Greenblatt) % Chart
APTPF vs JOBY, CAAP: Earnings Yield (Joel Greenblatt) % Comparison
For the Airports & Air Services subindustry, Airports Of Thailand'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.
Airports Of Thailand Earnings Yield (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Earnings Yield (Joel Greenblatt) % falls into.
Airports Of Thailand 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.
Airports Of Thailands Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2025 is calculated as
Airports Of Thailand's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $788 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.27% mean?
Airports Of Thailand (APTPF) has a Earnings Yield (Joel Greenblatt) % of 3.27% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Airports Of Thailand and its competitors. This is near median its historical median of 3.11. According to the industry distribution chart, Airports Of Thailand ranks #774 out of 1022 companies in the Transportation industry, placing it in the top 75.7%.
Is Airports Of Thailand's Earnings Yield (Joel Greenblatt) % too high?
Airports Of Thailand's current Earnings Yield (Joel Greenblatt) % of 3.27% is near median its 10-year median of 3.11. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.86. Airports Of Thailand's value of 3.27% is 52.3% below this industry median. Based on the distribution chart, Airports Of Thailand ranks #774 out of 1022 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Airports Of Thailand has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Earnings Yield (Joel Greenblatt) % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #774 out of 1022 companies for Earnings Yield (Joel Greenblatt) %. This places Airports Of Thailand in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.86. Airports Of Thailand's value of 3.27% is 52.3% below this benchmark. While the company's 10-year median is 3.11 vs. the industry median of 6.86, Airports Of Thailand has consistently been below 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.86, based on 1,022 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. Airports Of Thailand's current Earnings Yield (Joel Greenblatt) % of 3.27% is 52.3% below 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 Airports Of Thailand and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Earnings Yield (Joel Greenblatt) % is 3.27%, which is near median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.33, compared to a current price of $1.73 — trading 29.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.27%, which is near median its 10-year median of 3.11 and 52.3% below the Transportation industry median of 6.86. Airports Of Thailand's overall GF Score™ is 89/100 with 7 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 Airports Of Thailand (APTPF), the current Earnings Yield (Joel Greenblatt) % is 3.27% as of Mar. 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 Airports Of Thailand (APTPF) Overvalued in 2026?
Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued.
The current stock price of $1.73 is trading 29.7% above its estimated GF Value™ of $1.33.
GuruFocus considers Airports Of Thailand to be Modestly Overvalued.
Key valuation signals for APTPF:
Earnings Yield (Joel Greenblatt) %: 3.27% (near median its 10-year median of 3.11)
GF Value™: $1.33 vs. price of $1.73 (29.7% above fair value)
Industry Position: 52.3% below the Transportation median (#774 of 1022)
No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
89GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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