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Modernform Group PCLBKK:MODERN 58 Earnings Yield (Joel Greenblatt) % is 12.06% as of Mar. 2026, which is 54% above its 10-year median of 7.85. GuruFocus rates BKK:MODERN with a GF Score™ of 58/100 and a GF Value™ of ฿2.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 440 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 78.41% on this metric.
Modernform Group PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿910 Mil.
Modernform Group PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿110 Mil. Modernform Group PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 12.06%.
The historical rank and industry rank for Modernform Group PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:MODERN'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.5 Med: 7.85 Max: 21.1
Current: 12.84
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Modernform Group PCL was 21.10%. The lowest was 1.50%. And the median was 7.85%.
BKK:MODERN's Earnings Yield (Joel Greenblatt) % is ranked better than 78.41% of 440
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.405
vs BKK:MODERN: 12.84
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) %. Modernform Group PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 11.93%. 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.
Modernform Group PCL (BKK:MODERN) 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.
Modernform Group PCL Earnings Yield (Joel Greenblatt) % Related Terms
Modernform Group PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Modernform Group 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.
Modernform Group PCL Earnings Yield (Joel Greenblatt) % Chart
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL Earnings Yield (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Modernform Group PCL's Earnings Yield (Joel Greenblatt) % falls into.
Modernform Group 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.
Modernform Group PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Modernform Group 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 ฿110 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.06% mean?
Modernform Group PCL (BKK:MODERN) has a Earnings Yield (Joel Greenblatt) % of 12.06% 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 Modernform Group PCL and its competitors. This is 54% above median its historical median of 7.85. Over the past decade, Modernform Group PCL's Earnings Yield (Joel Greenblatt) % has ranged from 1.50 to 21.10. According to the industry distribution chart, Modernform Group PCL ranks #95 out of 440 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.6%.
Is Modernform Group PCL's Earnings Yield (Joel Greenblatt) % too high?
Modernform Group PCL's current Earnings Yield (Joel Greenblatt) % of 12.06% is 54% above median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 21.10. The Furnishings, Fixtures & Appliances industry median Earnings Yield (Joel Greenblatt) % is 4.41. Modernform Group PCL's value of 12.06% is 173.8% above this industry median. Based on the distribution chart, Modernform Group PCL ranks #95 out of 440 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Modernform Group PCL has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Earnings Yield (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #95 out of 440 companies for Earnings Yield (Joel Greenblatt) %. This places Modernform Group PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.41. Modernform Group PCL's value of 12.06% is 173.8% above this benchmark. Historically, Modernform Group PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 1.50 to 21.10 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 4.41, Modernform Group 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 Furnishings, Fixtures & Appliances company?
The median Earnings Yield (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 4.41, based on 440 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. Modernform Group PCL's current Earnings Yield (Joel Greenblatt) % of 12.06% is 173.8% 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Earnings Yield (Joel Greenblatt) % is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Earnings Yield (Joel Greenblatt) % is 12.06%, which is 54% above median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.05, compared to a current price of ฿2.00 — trading 2.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.06%, which is 54% above median its 10-year median of 7.85 and 173.8% above the Furnishings, Fixtures & Appliances industry median of 4.41. Modernform Group PCL's overall GF Score™ is 58/100 with 6 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 Modernform Group PCL (BKK:MODERN), the current Earnings Yield (Joel Greenblatt) % is 12.06% 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued.
The current stock price of ฿2.00 is trading 2.4% below its estimated GF Value™ of ฿2.05.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Earnings Yield (Joel Greenblatt) %: 12.06% (54% above median its 10-year median of 7.85)
GF Value™: ฿2.05 vs. price of ฿2.00 (2.4% below fair value)
Industry Position: 173.8% above the Furnishings, Fixtures & Appliances median (#95 of 440)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
58GF Score
Get the complete analysis for BKK:MODERN
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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