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Tpi Polene PCLBKK:TPIPL 70 Earnings Yield (Joel Greenblatt) % is 5.64% as of Mar. 2026, which is 2% above its 10-year median of 5.54. GuruFocus rates BKK:TPIPL with a GF Score™ of 70/100 and a GF Value™ of ฿1.16 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 416 Building Materials companies, Tpi Polene PCL ranks better than 50.72% on this metric.
Tpi Polene PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿99,857 Mil.
Tpi Polene PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿5,632 Mil. Tpi Polene PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 5.64%.
The historical rank and industry rank for Tpi Polene PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:TPIPL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.63 Med: 5.54 Max: 11.25
Current: 5.46
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tpi Polene PCL was 11.25%. The lowest was 0.63%. And the median was 5.54%.
BKK:TPIPL's Earnings Yield (Joel Greenblatt) % is ranked better than 50.72% of 416
companies
in the Building Materials industry
Industry Median: 5.345
vs BKK:TPIPL: 5.46
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) %. Tpi Polene PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -3.72%. 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.
Tpi Polene PCL Earnings Yield (Joel Greenblatt) % Related Terms
Tpi Polene PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Tpi Polene 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, Tpi Polene 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.
Tpi Polene PCL Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Tpi Polene 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.
Tpi Polene PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Tpi Polene 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 ฿5,632 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.64% mean?
Tpi Polene PCL (BKK:TPIPL) has a Earnings Yield (Joel Greenblatt) % of 5.64% 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 Tpi Polene PCL and its competitors. This is near median its historical median of 5.54. Over the past decade, Tpi Polene PCL's Earnings Yield (Joel Greenblatt) % has ranged from 0.63 to 11.25. According to the industry distribution chart, Tpi Polene PCL ranks #205 out of 416 companies in the Building Materials industry, placing it in the top 49.3%.
Is Tpi Polene PCL's Earnings Yield (Joel Greenblatt) % too high?
Tpi Polene PCL's current Earnings Yield (Joel Greenblatt) % of 5.64% is near median its 10-year median of 5.54. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 11.25. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.35. Tpi Polene PCL's value of 5.64% is 5.5% above this industry median. Based on the distribution chart, Tpi Polene PCL ranks #205 out of 416 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #205 out of 416 companies for Earnings Yield (Joel Greenblatt) %. This puts Tpi Polene PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.35. Tpi Polene PCL's value of 5.64% is 5.5% above this benchmark. Historically, Tpi Polene PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 0.63 to 11.25 over the past decade. While the company's 10-year median is 5.54 vs. the industry median of 5.35, Tpi Polene 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 5.35, based on 416 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. Tpi Polene PCL's current Earnings Yield (Joel Greenblatt) % of 5.64% is 5.5% 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 Tpi Polene PCL and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current Earnings Yield (Joel Greenblatt) % is 5.64%, which is near median its own 10-year median of 5.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.16, compared to a current price of ฿0.89 — trading 23.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.64%, which is near median its 10-year median of 5.54 and 5.5% above the Building Materials industry median of 5.35. Tpi Polene PCL's overall GF Score™ is 70/100 with 12 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 Tpi Polene PCL (BKK:TPIPL), the current Earnings Yield (Joel Greenblatt) % is 5.64% 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.89 is trading 23.3% below its estimated GF Value™ of ฿1.16.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
Earnings Yield (Joel Greenblatt) %: 5.64% (near median its 10-year median of 5.54)
GF Value™: ฿1.16 vs. price of ฿0.89 (23.3% below fair value)
Industry Position: 5.5% above the Building Materials median (#205 of 416)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score
Get the complete analysis for BKK:TPIPL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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