Thantawan Industry PCL (BKK:THIP) Earnings Yield (Joel Greenblatt) %: 15.63% (As of Mar. 2026) — 15% Below Median

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BKK:THIP Thantawan Industry PCL BKK:THIP
65 GF Score
Price ฿21.10
GF Value ฿33.14
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Thantawan Industry PCL Earnings Yield (Joel Greenblatt) %?

Thantawan Industry PCL BKK:THIP +0.48% 65 Earnings Yield (Joel Greenblatt) % is 15.63% as of Mar. 2026, which is 15% below its 10-year median of 18.43. GuruFocus rates BKK:THIP with a GF Score™ of 65/100 and a GF Value™ of ฿33.14 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 415 Packaging & Containers companies, Thantawan Industry PCL ranks better than 88.67% on this metric.

Thantawan Industry PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿1,575 Mil. Thantawan Industry PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿246 Mil. Thantawan Industry PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 15.63%.

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

BKK:THIP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.19   Med: 18.43   Max: 42.75
Current: 17.1

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thantawan Industry PCL was 42.75%. The lowest was 12.19%. And the median was 18.43%.

BKK:THIP's Earnings Yield (Joel Greenblatt) % is ranked better than
88.67% of 415 companies
in the Packaging & Containers industry
Industry Median: 5.76 vs BKK:THIP: 17.10

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) %. Thantawan Industry PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 4.25%. 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.


Thantawan Industry PCL  (BKK:THIP) 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.


Thantawan Industry PCL Earnings Yield (Joel Greenblatt) % Related Terms


Thantawan Industry PCL Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thantawan Industry 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.

Thantawan Industry PCL Earnings Yield (Joel Greenblatt) % Chart

Thantawan Industry 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 18.55 12.97 22.99 20.79 21.01

Thantawan Industry 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 23.47 25.13 20.53 21.01 15.63

BKK:THIP vs SW, PKG, IP: Earnings Yield (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, Thantawan Industry 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.


Thantawan Industry PCL Earnings Yield (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


BKK:THIP
65GF Score
Thantawan Industry PCL BKK:THIP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thantawan Industry 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=313.484/1493.068
=21.00 %

Thantawan Industry 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 ฿246 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 15.63% mean?
Thantawan Industry PCL (BKK:THIP) has a Earnings Yield (Joel Greenblatt) % of 15.63% 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 Thantawan Industry PCL and its competitors. This is 15% below median its historical median of 18.43. Over the past decade, Thantawan Industry PCL's Earnings Yield (Joel Greenblatt) % has ranged from 12.19 to 42.75. According to the industry distribution chart, Thantawan Industry PCL ranks #47 out of 415 companies in the Packaging & Containers industry, placing it in the top 11.3%.
Is Thantawan Industry PCL's Earnings Yield (Joel Greenblatt) % too high?
Thantawan Industry PCL's current Earnings Yield (Joel Greenblatt) % of 15.63% is 15% below median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 12.19 to a high of 42.75. The Packaging & Containers industry median Earnings Yield (Joel Greenblatt) % is 5.76. Thantawan Industry PCL's value of 15.63% is 171.4% above this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #47 out of 415 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thantawan Industry PCL has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Earnings Yield (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #47 out of 415 companies for Earnings Yield (Joel Greenblatt) %. This places Thantawan Industry PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.76. Thantawan Industry PCL's value of 15.63% is 171.4% above this benchmark. Historically, Thantawan Industry PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 12.19 to 42.75 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 5.76, Thantawan Industry 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 Packaging & Containers company?
The median Earnings Yield (Joel Greenblatt) % among Packaging & Containers companies is 5.76, based on 415 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. Thantawan Industry PCL's current Earnings Yield (Joel Greenblatt) % of 15.63% is 171.4% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Earnings Yield (Joel Greenblatt) % is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Earnings Yield (Joel Greenblatt) % is 15.63%, which is 15% below median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thantawan Industry PCL (BKK:THIP) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿33.14, compared to a current price of ฿21.10 — trading 36.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 15.63%, which is 15% below median its 10-year median of 18.43 and 171.4% above the Packaging & Containers industry median of 5.76. Thantawan Industry PCL's overall GF Score™ is 65/100 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 Thantawan Industry PCL (BKK:THIP), the current Earnings Yield (Joel Greenblatt) % is 15.63% 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 Thantawan Industry PCL (BKK:THIP) Overvalued in 2026?

Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued. The current stock price of ฿21.10 is trading 36.3% below its estimated GF Value™ of ฿33.14. GuruFocus considers Thantawan Industry PCL to be Significantly Undervalued.

Key valuation signals for BKK:THIP:

  • Earnings Yield (Joel Greenblatt) %: 15.63% (15% below median its 10-year median of 18.43)
  • GF Value™: ฿33.14 vs. price of ฿21.10 (36.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 171.4% above the Packaging & Containers median (#47 of 415)

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


Thantawan Industry PCL Business Description

Other Exchanges THIP-F:Thailand
Address Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
65GF Score

Get the complete analysis for BKK:THIP

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

฿21.10
Price
฿33.14
GF Value