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Thai Wire Products PCLBKK:TWP-R -1.84%56 Earnings Yield (Joel Greenblatt) % is 1.79% as of Jun. 2026, which is 52% below its 10-year median of 3.71. GuruFocus rates BKK:TWP-R with a GF Score™ of 56/100 and a GF Value™ of ฿1.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 633 Steel companies, Thai Wire Products PCL ranks worse than 69.51% on this metric.
Thai Wire Products PCL's Enterprise Value for the quarter that ended in Jun. 2026 was ฿684 Mil.
Thai Wire Products PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ฿12 Mil. Thai Wire Products PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 1.79%.
The historical rank and industry rank for Thai Wire Products PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:TWP-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.08 Med: 3.71 Max: 12.46
Current: 1.52
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thai Wire Products PCL was 12.46%. The lowest was -23.08%. And the median was 3.71%.
BKK:TWP-R's Earnings Yield (Joel Greenblatt) % is ranked worse than 69.51% of 633
companies
in the Steel industry
Industry Median: 5.61
vs BKK:TWP-R: 1.52
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) %. Thai Wire Products PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 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.
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.
The historical data trend for Thai Wire Products 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 Steel subindustry, Thai Wire Products 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.
Thai Wire Products PCL Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Thai Wire Products PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thai Wire Products 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.
Thai Wire Products PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Thai Wire Products PCL's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿12 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.79% mean?
Thai Wire Products PCL (BKK:TWP-R) has a Earnings Yield (Joel Greenblatt) % of 1.79% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Thai Wire Products PCL and its competitors. This is 52% below median its historical median of 3.71. According to the industry distribution chart, Thai Wire Products PCL ranks #440 out of 633 companies in the Steel industry, placing it in the top 69.5%.
Is Thai Wire Products PCL's Earnings Yield (Joel Greenblatt) % too high?
Thai Wire Products PCL's current Earnings Yield (Joel Greenblatt) % of 1.79% is 52% below median its 10-year median of 3.71. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.61. Thai Wire Products PCL's value of 1.79% is 68.1% below this industry median. Based on the distribution chart, Thai Wire Products PCL ranks #440 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Thai Wire Products PCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Wire Products PCL's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Thai Wire Products PCL ranks #440 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This places Thai Wire Products PCL in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.61. Thai Wire Products PCL's value of 1.79% is 68.1% below this benchmark. While the company's 10-year median is 3.71 vs. the industry median of 5.61, Thai Wire Products PCL has consistently been below 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.61, based on 633 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. Thai Wire Products PCL's current Earnings Yield (Joel Greenblatt) % of 1.79% is 68.1% below 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 Thai Wire Products PCL and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wire Products PCL's current Earnings Yield (Joel Greenblatt) % is 1.79%, which is 52% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wire Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wire Products PCL (BKK:TWP-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.18, compared to a current price of ฿1.60 — trading 35.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.79%, which is 52% below median its 10-year median of 3.71 and 68.1% below the Steel industry median of 5.61. Thai Wire Products PCL's overall GF Score™ is 56/100 with 3 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 Thai Wire Products PCL (BKK:TWP-R), the current Earnings Yield (Joel Greenblatt) % is 1.79% as of Jun. 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 Thai Wire Products PCL (BKK:TWP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wire Products PCL stock appears to be overvalued.
The current stock price of ฿1.60 is trading 35.6% above its estimated GF Value™ of ฿1.18.
GuruFocus considers Thai Wire Products PCL to be Significantly Overvalued.
Key valuation signals for BKK:TWP-R:
Earnings Yield (Joel Greenblatt) %: 1.79% (52% below median its 10-year median of 3.71)
GF Value™: ฿1.18 vs. price of ฿1.60 (35.6% above fair value)
Industry Position: 68.1% below the Steel median (#440 of 633)
No single metric tells the full story. See the BKK:TWP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wire Products PCL is a Thailand-based manufacturer and seller of high-tensile steel wire (prestressed concrete wire) for the construction industry. Additionally, its product offerings also include galvanized steel wire, cold drawn steel wire, hard drawn steel wire, ordinary low carbon steel wire, etc. Geographically, the company generates maximum revenue from its domestic region and also has some exposure to overseas markets.
56GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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