Ratchthani Leasing PCLBKK:THANI-R 60 Earnings Yield (Joel Greenblatt) % is 2.61% as of Mar. 2026, which is 12% below its 10-year median of 2.98. GuruFocus rates BKK:THANI-R with a GF Score™ of 60/100 and a GF Value™ of ฿2.75. The stock has 7 warning signs investors should review. Among 541 Credit Services companies, Ratchthani Leasing PCL ranks better than 59.7% on this metric.
Ratchthani Leasing PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿42,047 Mil.
Ratchthani Leasing PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿880 Mil. Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.61%.
The historical rank and industry rank for Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:THANI-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.23 Med: 2.98 Max: 4.41
Current: 2.54
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ratchthani Leasing PCL was 4.41%. The lowest was 1.23%. And the median was 2.98%.
BKK:THANI-R's Earnings Yield (Joel Greenblatt) % is ranked better than 59.7% of 541
companies
in the Credit Services industry
Industry Median: 1.01
vs BKK:THANI-R: 2.54
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) %. Ratchthani Leasing PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 15.70%. 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.
Ratchthani Leasing PCL Earnings Yield (Joel Greenblatt) % Related Terms
Ratchthani Leasing PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Ratchthani Leasing 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 Credit Services subindustry, Ratchthani Leasing 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.
Ratchthani Leasing PCL Earnings Yield (Joel Greenblatt) % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ratchthani Leasing 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.
Ratchthani Leasing PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Ratchthani Leasing 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 ฿880 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.61% mean?
Ratchthani Leasing PCL (BKK:THANI-R) has a Earnings Yield (Joel Greenblatt) % of 2.61% 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 Ratchthani Leasing PCL and its competitors. This is 12% below median its historical median of 2.98. Over the past decade, Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) % has ranged from 1.23 to 4.41. According to the industry distribution chart, Ratchthani Leasing PCL ranks #218 out of 541 companies in the Credit Services industry, placing it in the top 40.3%.
Is Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) % too high?
Ratchthani Leasing PCL's current Earnings Yield (Joel Greenblatt) % of 2.61% is 12% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 4.41. The Credit Services industry median Earnings Yield (Joel Greenblatt) % is 1.01. Ratchthani Leasing PCL's value of 2.61% is 158.4% above this industry median. Based on the distribution chart, Ratchthani Leasing PCL ranks #218 out of 541 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ratchthani Leasing PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ratchthani Leasing PCL's Earnings Yield (Joel Greenblatt) % compare to V and MA?
According to the Credit Services industry distribution chart, Ratchthani Leasing PCL ranks #218 out of 541 companies for Earnings Yield (Joel Greenblatt) %. This puts Ratchthani Leasing PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.01. Ratchthani Leasing PCL's value of 2.61% is 158.4% above this benchmark. Historically, Ratchthani Leasing PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 1.23 to 4.41 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.01, Ratchthani Leasing 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 Credit Services company?
The median Earnings Yield (Joel Greenblatt) % among Credit Services companies is 1.01, based on 541 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. Ratchthani Leasing PCL's current Earnings Yield (Joel Greenblatt) % of 2.61% is 158.4% 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 Ratchthani Leasing PCL and its competitors. For the Credit Services industry, the median Earnings Yield (Joel Greenblatt) % is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratchthani Leasing PCL's current Earnings Yield (Joel Greenblatt) % is 2.61%, which is 12% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratchthani Leasing PCL stock overvalued right now?
Ratchthani Leasing PCL (BKK:THANI-R) has a current Earnings Yield (Joel Greenblatt) % of 2.61%. The stock's GF Value™ is ฿2.75, compared to a current price of ฿2.94 — trading 6.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.61%, which is 12% below median its 10-year median of 2.98 and 158.4% above the Credit Services industry median of 1.01. Ratchthani Leasing PCL's overall GF Score™ is 60/100 with 7 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 Ratchthani Leasing PCL (BKK:THANI-R), the current Earnings Yield (Joel Greenblatt) % is 2.61% 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 Ratchthani Leasing PCL (BKK:THANI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ratchthani Leasing PCL stock appears to be overvalued.
The current stock price of ฿2.94 is trading 6.9% above its estimated GF Value™ of ฿2.75.
Key valuation signals for BKK:THANI-R:
Earnings Yield (Joel Greenblatt) %: 2.61% (12% below median its 10-year median of 2.98)
GF Value™: ฿2.75 vs. price of ฿2.94 (6.9% above fair value)
Industry Position: 158.4% above the Credit Services median (#218 of 541)
No single metric tells the full story. See the BKK:THANI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratchthani Leasing PCL is engaged in providing financial services specifically hire-purchase and leasing. It conducts business by providing hire-purchase credit services and financial leasing services for commercial cars, vehicles, and other assets, including one-stop relevant services. The company's business consists of primary activities, including inbound logistics management, operations, outbound logistics, marketing and sales, and customer services.
60GF Score
Get the complete analysis for BKK:THANI-R
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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