Millcon Steel PCL (BKK:MILL-R) Earnings Yield (Joel Greenblatt) %: 0.04% (As of Sep. 2025) — 99% Below Median


What is Millcon Steel PCL Earnings Yield (Joel Greenblatt) %?

Millcon Steel PCL BKK:MILL-R Earnings Yield (Joel Greenblatt) % is 0.04% as of Sep. 2025, which is 99% below its 10-year median of 3.17. The stock has 8 warning signs investors should review. Among 630 Steel companies, Millcon Steel PCL ranks worse than 75.71% on this metric.

Millcon Steel PCL's Enterprise Value for the quarter that ended in Sep. 2025 was ฿12,369 Mil. Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was ฿5 Mil. Millcon Steel PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2025 was 0.04%.

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

BKK:MILL-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.73   Med: 3.17   Max: 14.62
Current: 0.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Millcon Steel PCL was 14.62%. The lowest was -41.73%. And the median was 3.17%.

BKK:MILL-R's Earnings Yield (Joel Greenblatt) % is ranked worse than
75.71% of 630 companies
in the Steel industry
Industry Median: 4.97 vs BKK:MILL-R: 0.04

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) %. Millcon Steel PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2025 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.


Millcon Steel PCL  (BKK:MILL-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.


Millcon Steel PCL Earnings Yield (Joel Greenblatt) % Related Terms


Millcon Steel PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Earnings Yield (Joel Greenblatt) % Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 1.65 5.69 4.76 -1.94

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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 -19.12 -40.98 -34.48 -22.32 0.04

BKK:MILL-R vs NUE, STLD, RS: Earnings Yield (Joel Greenblatt) % Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL Earnings Yield (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Millcon Steel 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.

Millcon Steel PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-277.261/14127.297658936
=-1.96 %

Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿5 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 0.04% mean?
Millcon Steel PCL (BKK:MILL-R) has a Earnings Yield (Joel Greenblatt) % of 0.04% as of Sep. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Millcon Steel PCL and its competitors. This is 99% below median its historical median of 3.17. According to the industry distribution chart, Millcon Steel PCL ranks #477 out of 630 companies in the Steel industry, placing it in the top 75.7%.
Is Millcon Steel PCL's Earnings Yield (Joel Greenblatt) % too high?
Millcon Steel PCL's current Earnings Yield (Joel Greenblatt) % of 0.04% is 99% below median its 10-year median of 3.17. The Steel industry median Earnings Yield (Joel Greenblatt) % is 4.97. Millcon Steel PCL's value of 0.04% is 99.2% below this industry median. Based on the distribution chart, Millcon Steel PCL ranks #477 out of 630 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #477 out of 630 companies for Earnings Yield (Joel Greenblatt) %. This places Millcon Steel PCL in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.97. Millcon Steel PCL's value of 0.04% is 99.2% below this benchmark. While the company's 10-year median is 3.17 vs. the industry median of 4.97, Millcon Steel PCL 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 4.97, based on 630 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. Millcon Steel PCL's current Earnings Yield (Joel Greenblatt) % of 0.04% is 99.2% 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 Millcon Steel PCL and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Earnings Yield (Joel Greenblatt) % is 0.04%, which is 99% below median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Earnings Yield (Joel Greenblatt) % of 0.04%. The current Earnings Yield (Joel Greenblatt) % is 0.04%, which is 99% below median its 10-year median of 3.17 and 99.2% below the Steel industry median of 4.97. 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 Millcon Steel PCL (BKK:MILL-R), the current Earnings Yield (Joel Greenblatt) % is 0.04% as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.