Ratch Group PCL (BKK:RATCH) Earnings Yield (Joel Greenblatt) %: 6.88% (As of Mar. 2026) — 10% Below Median


BKK:RATCH Ratch Group PCL BKK:RATCH
59 GF Score
Price ฿36.25
GF Value ฿27.14
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ratch Group PCL Earnings Yield (Joel Greenblatt) %?

Ratch Group PCL BKK:RATCH +2.11% 59 Earnings Yield (Joel Greenblatt) % is 6.88% as of Mar. 2026, which is 10% below its 10-year median of 7.62. GuruFocus rates BKK:RATCH with a GF Score™ of 59/100 and a GF Value™ of ฿27.14 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 509 Utilities - Regulated companies, Ratch Group PCL ranks worse than 51.47% on this metric.

Ratch Group PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿170,134 Mil. Ratch Group PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿11,711 Mil. Ratch Group PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.88%.

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

BKK:RATCH' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.62   Med: 7.62   Max: 11.9
Current: 6.37

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ratch Group PCL was 11.90%. The lowest was 5.62%. And the median was 7.62%.

BKK:RATCH's Earnings Yield (Joel Greenblatt) % is ranked worse than
51.47% of 509 companies
in the Utilities - Regulated industry
Industry Median: 6.62 vs BKK:RATCH: 6.37

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) %. Ratch Group PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.50%. 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.


Ratch Group PCL  (BKK:RATCH) 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.


Ratch Group PCL Earnings Yield (Joel Greenblatt) % Related Terms


Ratch Group PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ratch 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.

Ratch Group PCL Earnings Yield (Joel Greenblatt) % Chart

Ratch Group 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 7.87 5.85 7.84 7.68 6.86

Ratch Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.13 7.66 7.96 6.86 6.88

BKK:RATCH vs NEE, SO, DUK: Earnings Yield (Joel Greenblatt) % Comparison

For the Utilities - Regulated Electric subindustry, Ratch 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.


Ratch Group PCL Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


BKK:RATCH
59GF Score
Ratch Group PCL BKK:RATCH
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratch 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11774.902/171506.64
=6.87 %

Ratch 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 ฿11,711 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.88% mean?
Ratch Group PCL (BKK:RATCH) has a Earnings Yield (Joel Greenblatt) % of 6.88% 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 Ratch Group PCL and its competitors. This is 10% below median its historical median of 7.62. Over the past decade, Ratch Group PCL's Earnings Yield (Joel Greenblatt) % has ranged from 5.62 to 11.90. According to the industry distribution chart, Ratch Group PCL ranks #262 out of 509 companies in the Utilities - Regulated industry, placing it in the top 51.5%.
Is Ratch Group PCL's Earnings Yield (Joel Greenblatt) % too high?
Ratch Group PCL's current Earnings Yield (Joel Greenblatt) % of 6.88% is 10% below median its 10-year median of 7.62. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 11.90. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.62. Ratch Group PCL's value of 6.88% is 3.9% above this industry median. Based on the distribution chart, Ratch Group PCL ranks #262 out of 509 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ratch Group PCL has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's Earnings Yield (Joel Greenblatt) % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #262 out of 509 companies for Earnings Yield (Joel Greenblatt) %. This places Ratch Group PCL in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.62. Ratch Group PCL's value of 6.88% is 3.9% above this benchmark. Historically, Ratch Group PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 5.62 to 11.90 over the past decade. While the company's 10-year median is 7.62 vs. the industry median of 6.62, Ratch 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 an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.62, based on 509 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. Ratch Group PCL's current Earnings Yield (Joel Greenblatt) % of 6.88% is 3.9% 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 Ratch Group PCL and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratch Group PCL's current Earnings Yield (Joel Greenblatt) % is 6.88%, which is 10% below median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Ratch Group PCL (BKK:RATCH) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿27.14, compared to a current price of ฿36.25 — trading 33.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.88%, which is 10% below median its 10-year median of 7.62 and 3.9% above the Utilities - Regulated industry median of 6.62. Ratch Group PCL's overall GF Score™ is 59/100 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 Ratch Group PCL (BKK:RATCH), the current Earnings Yield (Joel Greenblatt) % is 6.88% 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 Ratch Group PCL (BKK:RATCH) Overvalued in 2026?

Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued. The current stock price of ฿36.25 is trading 33.6% above its estimated GF Value™ of ฿27.14. GuruFocus considers Ratch Group PCL to be Significantly Overvalued.

Key valuation signals for BKK:RATCH:

  • Earnings Yield (Joel Greenblatt) %: 6.88% (10% below median its 10-year median of 7.62)
  • GF Value™: ฿27.14 vs. price of ฿36.25 (33.6% above fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 3.9% above the Utilities - Regulated median (#262 of 509)

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


Ratch Group PCL Business Description

Other Exchanges RATCH-F:Thailand
Address 72 Ngamwongwan Road, Muang Nonthaburi, Bangkhen, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
59GF Score

Get the complete analysis for BKK:RATCH

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

฿36.25
Price
฿27.14
GF Value