STP&I PCL (BKK:STPI-R) Earnings Yield (Joel Greenblatt) %: 3.44% (As of Mar. 2026) — 34% Above Median


What is STP&I PCL Earnings Yield (Joel Greenblatt) %?

STP&I PCL BKK:STPI-R 57 Earnings Yield (Joel Greenblatt) % is 3.44% as of Mar. 2026, which is 34% above its 10-year median of 2.56. GuruFocus rates BKK:STPI-R with a GF Score™ of 57/100. The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, STP&I PCL ranks worse than 53.46% on this metric.

STP&I PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿0.00 Mil. STP&I PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿377.23 Mil. STP&I PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 3.44%.

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

BKK:STPI-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -51.87   Med: 2.56   Max: 44.04
Current: 2.89

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of STP&I PCL was 44.04%. The lowest was -51.87%. And the median was 2.56%.

BKK:STPI-R's Earnings Yield (Joel Greenblatt) % is ranked worse than
53.46% of 3079 companies
in the Industrial Products industry
Industry Median: 3.31 vs BKK:STPI-R: 2.89

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) %. STP&I PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


STP&I PCL  (BKK:STPI-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.


STP&I PCL Earnings Yield (Joel Greenblatt) % Related Terms


STP&I PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for STP&I 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.

STP&I PCL Earnings Yield (Joel Greenblatt) % Chart

STP&I 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 5.74 -2.55 2.72 2.17 3.88

STP&I 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 1.57 2.18 4.69 3.88 3.44

BKK:STPI-R vs CRS, ATI, MLI: Earnings Yield (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, STP&I 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.


STP&I PCL Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



STP&I 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=457.478/0
= %

STP&I 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 ฿377.23 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 3.44% mean?
STP&I PCL (BKK:STPI-R) has a Earnings Yield (Joel Greenblatt) % of 3.44% 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 STP&I PCL and its competitors. This is 34% above median its historical median of 2.56. According to the industry distribution chart, STP&I PCL ranks #1646 out of 3079 companies in the Industrial Products industry, placing it in the top 53.5%.
Is STP&I PCL's Earnings Yield (Joel Greenblatt) % too high?
STP&I PCL's current Earnings Yield (Joel Greenblatt) % of 3.44% is 34% above median its 10-year median of 2.56. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.31. STP&I PCL's value of 3.44% is 3.9% above this industry median. Based on the distribution chart, STP&I PCL ranks #1646 out of 3079 companies in the Industrial Products industry, which is below the industry midpoint. Overall, STP&I PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's Earnings Yield (Joel Greenblatt) % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, STP&I PCL ranks #1646 out of 3079 companies for Earnings Yield (Joel Greenblatt) %. This places STP&I PCL in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.31. STP&I PCL's value of 3.44% is 3.9% above this benchmark. While the company's 10-year median is 2.56 vs. the industry median of 3.31, STP&I 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 Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.31, based on 3,079 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. STP&I PCL's current Earnings Yield (Joel Greenblatt) % of 3.44% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current Earnings Yield (Joel Greenblatt) % is 3.44%, which is 34% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
STP&I PCL (BKK:STPI-R) has a current Earnings Yield (Joel Greenblatt) % of 3.44%. The current Earnings Yield (Joel Greenblatt) % is 3.44%, which is 34% above median its 10-year median of 2.56 and 3.9% above the Industrial Products industry median of 3.31. STP&I PCL's overall GF Score™ is 57/100 with 4 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 STP&I PCL (BKK:STPI-R), the current Earnings Yield (Joel Greenblatt) % is 3.44% 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.

STP&I PCL Business Description

Other Exchanges STPI:Thailand
Address Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.