KCE Electronics PCLBKK:KCE-R 69 Earnings Yield (Joel Greenblatt) % is 3.90% as of Mar. 2026, which is 16% below its 10-year median of 4.63. GuruFocus rates BKK:KCE-R with a GF Score™ of 69/100 and a GF Value™ of ฿17.61. The stock has 10 warning signs investors should review. Among 2,494 Hardware companies, KCE Electronics PCL ranks better than 51.72% on this metric.
KCE Electronics PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿27,647 Mil.
KCE Electronics PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,018 Mil. KCE Electronics PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.90%.
The historical rank and industry rank for KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:KCE-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.65 Med: 4.63 Max: 9.26
Current: 2.15
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of KCE Electronics PCL was 9.26%. The lowest was 1.65%. And the median was 4.63%.
BKK:KCE-R's Earnings Yield (Joel Greenblatt) % is ranked better than 51.72% of 2494
companies
in the Hardware industry
Industry Median: 1.93
vs BKK:KCE-R: 2.15
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) %. KCE Electronics PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -1.64%. 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.
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.
KCE Electronics PCL Earnings Yield (Joel Greenblatt) % Related Terms
KCE Electronics PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for KCE Electronics 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.
For the Electronic Components subindustry, KCE Electronics 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.
KCE Electronics PCL Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
KCE Electronics PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
KCE Electronics PCL'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 ฿1,018 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.90% mean?
KCE Electronics PCL (BKK:KCE-R) has a Earnings Yield (Joel Greenblatt) % of 3.90% 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 KCE Electronics PCL and its competitors. This is 16% below median its historical median of 4.63. Over the past decade, KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % has ranged from 1.65 to 9.26. According to the industry distribution chart, KCE Electronics PCL ranks #1204 out of 2494 companies in the Hardware industry, placing it in the top 48.3%.
Is KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % too high?
KCE Electronics PCL's current Earnings Yield (Joel Greenblatt) % of 3.90% is 16% below median its 10-year median of 4.63. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 9.26. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 1.93. KCE Electronics PCL's value of 3.90% is 102.1% above this industry median. Based on the distribution chart, KCE Electronics PCL ranks #1204 out of 2494 companies in the Hardware industry, which is above the industry midpoint. Overall, KCE Electronics PCL has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does KCE Electronics PCL's Earnings Yield (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, KCE Electronics PCL ranks #1204 out of 2494 companies for Earnings Yield (Joel Greenblatt) %. This puts KCE Electronics PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.93. KCE Electronics PCL's value of 3.90% is 102.1% above this benchmark. Historically, KCE Electronics PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 1.65 to 9.26 over the past decade. While the company's 10-year median is 4.63 vs. the industry median of 1.93, KCE Electronics PCL 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 1.93, based on 2,494 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. KCE Electronics PCL's current Earnings Yield (Joel Greenblatt) % of 3.90% is 102.1% 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 KCE Electronics PCL and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KCE Electronics PCL's current Earnings Yield (Joel Greenblatt) % is 3.90%, which is 16% below median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KCE Electronics PCL stock overvalued right now?
KCE Electronics PCL (BKK:KCE-R) has a current Earnings Yield (Joel Greenblatt) % of 3.90%. The stock's GF Value™ is ฿17.61, compared to a current price of ฿24.00 — trading 36.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.90%, which is 16% below median its 10-year median of 4.63 and 102.1% above the Hardware industry median of 1.93. KCE Electronics PCL's overall GF Score™ is 69/100 with 10 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 KCE Electronics PCL (BKK:KCE-R), the current Earnings Yield (Joel Greenblatt) % is 3.90% 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 KCE Electronics PCL (BKK:KCE-R) Overvalued in 2026?
Based on GuruFocus' analysis, KCE Electronics PCL stock appears to be overvalued.
The current stock price of ฿24.00 is trading 36.3% above its estimated GF Value™ of ฿17.61.
Key valuation signals for BKK:KCE-R:
Earnings Yield (Joel Greenblatt) %: 3.90% (16% below median its 10-year median of 4.63)
GF Value™: ฿17.61 vs. price of ฿24.00 (36.3% above fair value)
Industry Position: 102.1% above the Hardware median (#1204 of 2494)
No single metric tells the full story. See the BKK:KCE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns the majority of its revenue internationally. It has three segments: Manufacturing and distributing of Prepreg and Laminate; Manufacturing and distributing of Printed Circuit Board; and Manufacturing and distributing of Chemical. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of its revenue is earned in Europe.
69GF 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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