Techno Medical PCLBKK:TM-R 77 Earnings Yield (Joel Greenblatt) % is 8.67% as of Mar. 2026, which is 83% above its 10-year median of 4.73. GuruFocus rates BKK:TM-R with a GF Score™ of 77/100 and a GF Value™ of ฿2.99. The stock has 6 warning signs investors should review. Among 120 Medical Distribution companies, Techno Medical PCL ranks better than 59.17% on this metric.
Techno Medical PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿1,035.9 Mil.
Techno Medical PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿48.9 Mil. Techno Medical PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.67%.
The historical rank and industry rank for Techno Medical PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:TM-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.24 Med: 4.73 Max: 11.91
Current: 8.01
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Techno Medical PCL was 11.91%. The lowest was -1.24%. And the median was 4.73%.
BKK:TM-R's Earnings Yield (Joel Greenblatt) % is ranked better than 59.17% of 120
companies
in the Medical Distribution industry
Industry Median: 6.36
vs BKK:TM-R: 8.01
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) %. Techno Medical PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 56.34%. 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.
Techno Medical PCL (BKK:TM-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.
Techno Medical PCL Earnings Yield (Joel Greenblatt) % Related Terms
Techno Medical PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Techno Medical 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.
Techno Medical PCL Earnings Yield (Joel Greenblatt) % Chart
For the Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL Earnings Yield (Joel Greenblatt) % vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Techno Medical PCL's Earnings Yield (Joel Greenblatt) % falls into.
Techno Medical 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.
Techno Medical PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Techno Medical 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 ฿48.9 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.67% mean?
Techno Medical PCL (BKK:TM-R) has a Earnings Yield (Joel Greenblatt) % of 8.67% 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 Techno Medical PCL and its competitors. This is 83% above median its historical median of 4.73. According to the industry distribution chart, Techno Medical PCL ranks #49 out of 120 companies in the Medical Distribution industry, placing it in the top 40.8%.
Is Techno Medical PCL's Earnings Yield (Joel Greenblatt) % too high?
Techno Medical PCL's current Earnings Yield (Joel Greenblatt) % of 8.67% is 83% above median its 10-year median of 4.73. The Medical Distribution industry median Earnings Yield (Joel Greenblatt) % is 6.36. Techno Medical PCL's value of 8.67% is 36.3% above this industry median. Based on the distribution chart, Techno Medical PCL ranks #49 out of 120 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Techno Medical PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Earnings Yield (Joel Greenblatt) % compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #49 out of 120 companies for Earnings Yield (Joel Greenblatt) %. This puts Techno Medical PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.36. Techno Medical PCL's value of 8.67% is 36.3% above this benchmark. While the company's 10-year median is 4.73 vs. the industry median of 6.36, Techno Medical 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 Medical Distribution company?
The median Earnings Yield (Joel Greenblatt) % among Medical Distribution companies is 6.36, based on 120 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. Techno Medical PCL's current Earnings Yield (Joel Greenblatt) % of 8.67% is 36.3% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Earnings Yield (Joel Greenblatt) % is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Earnings Yield (Joel Greenblatt) % is 8.67%, which is 83% above median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Earnings Yield (Joel Greenblatt) % of 8.67%. The stock's GF Value™ is ฿2.99, compared to a current price of ฿2.32 — trading 22.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.67%, which is 83% above median its 10-year median of 4.73 and 36.3% above the Medical Distribution industry median of 6.36. Techno Medical PCL's overall GF Score™ is 77/100 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 Techno Medical PCL (BKK:TM-R), the current Earnings Yield (Joel Greenblatt) % is 8.67% 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿2.32 is trading 22.4% below its estimated GF Value™ of ฿2.99.
Key valuation signals for BKK:TM-R:
Earnings Yield (Joel Greenblatt) %: 8.67% (83% above median its 10-year median of 4.73)
GF Value™: ฿2.99 vs. price of ฿2.32 (22.4% below fair value)
Industry Position: 36.3% above the Medical Distribution median (#49 of 120)
No single metric tells the full story. See the BKK:TM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
77GF Score
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