Tipco Asphalt PCLBKK:TASCO-R 80 Earnings Yield (Joel Greenblatt) % is 6.83% as of Mar. 2026, which is 28% below its 10-year median of 9.51. GuruFocus rates BKK:TASCO-R with a GF Score™ of 80/100 and a GF Value™ of ฿13.02. The stock has 6 warning signs investors should review. Among 414 Building Materials companies, Tipco Asphalt PCL ranks better than 57.49% on this metric.
Tipco Asphalt PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿22,518 Mil.
Tipco Asphalt PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,582 Mil. Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.83%.
The historical rank and industry rank for Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:TASCO-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.66 Med: 9.51 Max: 19.46
Current: 6.74
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tipco Asphalt PCL was 19.46%. The lowest was 2.66%. And the median was 9.51%.
BKK:TASCO-R's Earnings Yield (Joel Greenblatt) % is ranked better than 57.49% of 414
companies
in the Building Materials industry
Industry Median: 5.52
vs BKK:TASCO-R: 6.74
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) %. Tipco Asphalt PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -5.18%. 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.
Tipco Asphalt PCL Earnings Yield (Joel Greenblatt) % Related Terms
Tipco Asphalt PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Tipco Asphalt 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 Building Materials subindustry, Tipco Asphalt 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.
Tipco Asphalt PCL Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tipco Asphalt 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.
Tipco Asphalt PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Tipco Asphalt 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 ฿1,582 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.83% mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Earnings Yield (Joel Greenblatt) % of 6.83% 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 Tipco Asphalt PCL and its competitors. This is 28% below median its historical median of 9.51. Over the past decade, Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) % has ranged from 2.66 to 19.46. According to the industry distribution chart, Tipco Asphalt PCL ranks #176 out of 414 companies in the Building Materials industry, placing it in the top 42.5%.
Is Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) % too high?
Tipco Asphalt PCL's current Earnings Yield (Joel Greenblatt) % of 6.83% is 28% below median its 10-year median of 9.51. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 19.46. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.52. Tipco Asphalt PCL's value of 6.83% is 23.7% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #176 out of 414 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #176 out of 414 companies for Earnings Yield (Joel Greenblatt) %. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.52. Tipco Asphalt PCL's value of 6.83% is 23.7% above this benchmark. Historically, Tipco Asphalt PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 2.66 to 19.46 over the past decade. While the company's 10-year median is 9.51 vs. the industry median of 5.52, Tipco Asphalt 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.52, based on 414 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. Tipco Asphalt PCL's current Earnings Yield (Joel Greenblatt) % of 6.83% is 23.7% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Earnings Yield (Joel Greenblatt) % is 6.83%, which is 28% below median its own 10-year median of 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Earnings Yield (Joel Greenblatt) % of 6.83%. The stock's GF Value™ is ฿13.02, compared to a current price of ฿13.09 — trading 0.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.83%, which is 28% below median its 10-year median of 9.51 and 23.7% above the Building Materials industry median of 5.52. Tipco Asphalt PCL's overall GF Score™ is 80/100 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Earnings Yield (Joel Greenblatt) % is 6.83% 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be overvalued.
The current stock price of ฿13.09 is trading 0.5% above its estimated GF Value™ of ฿13.02.
Key valuation signals for BKK:TASCO-R:
Earnings Yield (Joel Greenblatt) %: 6.83% (28% below median its 10-year median of 9.51)
GF Value™: ฿13.02 vs. price of ฿13.09 (0.5% above fair value)
Industry Position: 23.7% above the Building Materials median (#176 of 414)
No single metric tells the full story. See the BKK:TASCO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
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