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Thaire Life Assurance PCL (BKK:THREL-R) Earnings Yield (Joel Greenblatt) % : -14.58% (As of Mar. 2025)


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What is Thaire Life Assurance PCL Earnings Yield (Joel Greenblatt) %?

Thaire Life Assurance PCL's Enterprise Value for the quarter that ended in Mar. 2025 was ฿890 Mil. Thaire Life Assurance PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was ฿-126 Mil. Thaire Life Assurance PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2025 was -14.58%.

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

BKK:THREL-R' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.28   Med: 5.69   Max: 16.54
Current: -18.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thaire Life Assurance PCL was 16.54%. The lowest was -19.28%. And the median was 5.69%.

BKK:THREL-R's Earnings Yield (Joel Greenblatt) % is ranked worse than
98.04% of 511 companies
in the Insurance industry
Industry Median: 5.99 vs BKK:THREL-R: -18.08

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) %. Thaire Life Assurance PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2025 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.


Thaire Life Assurance PCL Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Thaire Life Assurance 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.

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Thaire Life Assurance PCL Earnings Yield (Joel Greenblatt) % Chart

Thaire Life Assurance PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.69 6.24 7.34 4.50 -11.33

Thaire Life Assurance PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.56 -3.45 -4.93 -11.33 -14.58

Competitive Comparison of Thaire Life Assurance PCL's Earnings Yield (Joel Greenblatt) %

For the Insurance - Reinsurance subindustry, Thaire Life Assurance 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.


Thaire Life Assurance PCL's Earnings Yield (Joel Greenblatt) % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


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Thaire Life Assurance 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.

Thaire Life Assurance PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-109.337/1002.366
=-10.91 %

Thaire Life Assurance PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-126 Mil.



Thaire Life Assurance PCL  (BKK:THREL-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.


Thaire Life Assurance PCL Earnings Yield (Joel Greenblatt) % Related Terms

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Thaire Life Assurance PCL Business Description

Traded in Other Exchanges
Address
North Sathorn Road, No. 92/7 Sathorn Thani 2 Building, 6th Floor, Silom Sub-district, Bang Rak District, Bangkok, THA, 10500
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance services such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refers to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

Thaire Life Assurance PCL Headlines

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