WHA PCLBKK:WHA-R 80 Earnings Yield (Joel Greenblatt) % is 6.06% as of Mar. 2026, which is 3% above its 10-year median of 5.89. GuruFocus rates BKK:WHA-R with a GF Score™ of 80/100 and a GF Value™ of ฿3.76. The stock has 11 warning signs investors should review. Among 1,827 Real Estate companies, WHA PCL ranks better than 53.04% on this metric.
WHA PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿112,529 Mil.
WHA PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿6,826 Mil. WHA PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.06%.
The historical rank and industry rank for WHA PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BKK:WHA-R'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.76 Med: 5.89 Max: 9.22
Current: 5.35
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of WHA PCL was 9.22%. The lowest was 3.76%. And the median was 5.89%.
BKK:WHA-R's Earnings Yield (Joel Greenblatt) % is ranked better than 53.04% of 1827
companies
in the Real Estate industry
Industry Median: 4.73
vs BKK:WHA-R: 5.35
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) %. WHA PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 17.69%. 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.
WHA PCL Earnings Yield (Joel Greenblatt) % Related Terms
WHA PCL Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for WHA 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 Real Estate Services subindustry, WHA 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.
WHA PCL Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, WHA PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where WHA 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.
WHA PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
WHA 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 ฿6,826 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.06% mean?
WHA PCL (BKK:WHA-R) has a Earnings Yield (Joel Greenblatt) % of 6.06% 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 WHA PCL and its competitors. This is near median its historical median of 5.89. Over the past decade, WHA PCL's Earnings Yield (Joel Greenblatt) % has ranged from 3.76 to 9.22. According to the industry distribution chart, WHA PCL ranks #858 out of 1827 companies in the Real Estate industry, placing it in the top 47%.
Is WHA PCL's Earnings Yield (Joel Greenblatt) % too high?
WHA PCL's current Earnings Yield (Joel Greenblatt) % of 6.06% is near median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 9.22. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.73. WHA PCL's value of 6.06% is 28.1% above this industry median. Based on the distribution chart, WHA PCL ranks #858 out of 1827 companies in the Real Estate industry, which is above the industry midpoint. Overall, WHA PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #858 out of 1827 companies for Earnings Yield (Joel Greenblatt) %. This puts WHA PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.73. WHA PCL's value of 6.06% is 28.1% above this benchmark. Historically, WHA PCL's own Earnings Yield (Joel Greenblatt) % has ranged from 3.76 to 9.22 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 4.73, WHA 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.73, based on 1,827 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. WHA PCL's current Earnings Yield (Joel Greenblatt) % of 6.06% is 28.1% 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 WHA PCL and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA PCL's current Earnings Yield (Joel Greenblatt) % is 6.06%, which is near median its own 10-year median of 5.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Earnings Yield (Joel Greenblatt) % of 6.06%. The stock's GF Value™ is ฿3.76, compared to a current price of ฿4.19 — trading 11.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.06%, which is near median its 10-year median of 5.89 and 28.1% above the Real Estate industry median of 4.73. WHA PCL's overall GF Score™ is 80/100 with 11 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 WHA PCL (BKK:WHA-R), the current Earnings Yield (Joel Greenblatt) % is 6.06% 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?
Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued.
The current stock price of ฿4.19 is trading 11.4% above its estimated GF Value™ of ฿3.76.
Key valuation signals for BKK:WHA-R:
Earnings Yield (Joel Greenblatt) %: 6.06% (near median its 10-year median of 5.89)
GF Value™: ฿3.76 vs. price of ฿4.19 (11.4% above fair value)
Industry Position: 28.1% above the Real Estate median (#858 of 1827)
No single metric tells the full story. See the BKK:WHA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
80GF Score
Get the complete analysis for BKK:WHA-R
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:WHA-R has been successfully added to your 
