FNS Holdings PCL (BKK:FNS-R) Earnings Yield (Joel Greenblatt) %: -45.87% (As of Jun. 2026)

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.

BKK:FNS-R FNS Holdings PCL BKK:FNS-R
21 GF Score
Price ฿0.62
GF Value ฿2.23
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is FNS Holdings PCL Earnings Yield (Joel Greenblatt) %?

FNS Holdings PCL BKK:FNS-R 21 Earnings Yield (Joel Greenblatt) % is -45.87% as of Jun. 2026. GuruFocus rates BKK:FNS-R with a GF Score™ of 21/100 and a GF Value™ of ฿2.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,633 Asset Management companies, FNS Holdings PCL ranks worse than 96.88% on this metric.

FNS Holdings PCL's Enterprise Value for the quarter that ended in Jun. 2026 was ฿1,440.5 Mil. FNS Holdings PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ฿-655.7 Mil. FNS Holdings PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -45.87%.

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

BKK:FNS-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -46.11   Med: 4.96   Max: 33.42
Current: -46.03

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of FNS Holdings PCL was 33.42%. The lowest was -46.11%. And the median was 4.96%.

BKK:FNS-R's Earnings Yield (Joel Greenblatt) % is ranked worse than
96.88% of 1633 companies
in the Asset Management industry
Industry Median: 0 vs BKK:FNS-R: -46.03

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) %. FNS Holdings PCL'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.


FNS Holdings PCL  (BKK:FNS-R) 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.


FNS Holdings PCL Earnings Yield (Joel Greenblatt) % Related Terms


FNS Holdings PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for FNS Holdings PCL'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.

FNS Holdings PCL Earnings Yield (Joel Greenblatt) % Chart

FNS Holdings PCL 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 -2.51 18.87 -0.63 -11.49 -39.37

FNS Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -23.09 -23.64 -39.37 -38.61 -45.87

BKK:FNS-R vs BLK, BX, KKR: Earnings Yield (Joel Greenblatt) % Comparison

For the Asset Management subindustry, FNS Holdings PCL'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.


FNS Holdings PCL Earnings Yield (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FNS Holdings PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where FNS Holdings PCL's Earnings Yield (Joel Greenblatt) % falls into.


BKK:FNS-R
21GF Score
FNS Holdings PCL BKK:FNS-R
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FNS Holdings PCL 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.

FNS Holdings PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-586.954/1574.0608228
=-37.29 %

FNS Holdings PCL'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 ฿-655.7 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -45.87% mean?
FNS Holdings PCL (BKK:FNS-R) has a Earnings Yield (Joel Greenblatt) % of -45.87% 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 FNS Holdings PCL and its competitors. According to the industry distribution chart, FNS Holdings PCL ranks #1582 out of 1633 companies in the Asset Management industry, placing it in the top 96.9%.
Is FNS Holdings PCL's Earnings Yield (Joel Greenblatt) % too high?
FNS Holdings PCL's current Earnings Yield (Joel Greenblatt) % is -45.87%. Based on the distribution chart, FNS Holdings PCL ranks #1582 out of 1633 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, FNS Holdings PCL has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FNS Holdings PCL's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, FNS Holdings PCL ranks #1582 out of 1633 companies for Earnings Yield (Joel Greenblatt) %. This places FNS Holdings PCL in the lower half of its industry. 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 an Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 FNS Holdings PCL and its competitors. FNS Holdings PCL's current Earnings Yield (Joel Greenblatt) % is -45.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FNS Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, FNS Holdings PCL (BKK:FNS-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.23, compared to a current price of ฿0.62 — trading 72.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -45.87%. FNS Holdings PCL's overall GF Score™ is 21/100 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 FNS Holdings PCL (BKK:FNS-R), the current Earnings Yield (Joel Greenblatt) % is -45.87% 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 FNS Holdings PCL (BKK:FNS-R) Overvalued in 2026?

Based on GuruFocus' analysis, FNS Holdings PCL stock appears to be undervalued. The current stock price of ฿0.62 is trading 72.2% below its estimated GF Value™ of ฿2.23. GuruFocus considers FNS Holdings PCL to be Possible Value Trap.

Key valuation signals for BKK:FNS-R:

  • Earnings Yield (Joel Greenblatt) %: -45.87%
  • GF Value™: ฿2.23 vs. price of ฿0.62 (72.2% below fair value)
  • GF Score™: 21/100 with 5 warning signs

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


FNS Holdings PCL Business Description

Other Exchanges FNS:Thailand
Address 48/45 North Sathorn Road, TISCO Tower, 20th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500
FNS Holdings PCL is a Thailand-based company engaged in investing in and providing finance and management advisory services to its affiliated and related parties, property development for sale including land, land and house, construction for the Group's projects, building and parking rental, and health and wellness center. The company operates through business segments which are Investment, advisory and management business (Real estate, Rental warehouse, factory and others, Property management) and Health and wellness center. The majority of revenue is from the Health and wellness center segment. Geographically, the company operates only in Thailand.
21GF Score

Get the complete analysis for BKK:FNS-R

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

฿0.62
Price
฿2.23
GF Value