Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
China Treasures New Materials GroupCTNMF 65 Earnings Yield (Joel Greenblatt) % is 7.94% as of Dec. 2025, which is 29% above its 10-year median of 6.15. GuruFocus rates CTNMF with a GF Score™ of 65/100 and a GF Value™ of $0.02. The stock has 8 warning signs investors should review. Among 1,630 Chemicals companies, China Treasures New Materials Group ranks better than 68.22% on this metric.
The historical rank and industry rank for China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CTNMF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3795.73 Med: 6.15 Max: 6445.54
Current: 7.24
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of China Treasures New Materials Group was 6445.54%. The lowest was -3795.73%. And the median was 6.15%.
CTNMF's Earnings Yield (Joel Greenblatt) % is ranked better than 68.22% of 1630
companies
in the Chemicals industry
Industry Median: 4.06
vs CTNMF: 7.24
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) %. China Treasures New Materials Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was -22.71%. 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.
China Treasures New Materials Group (OTCPK:CTNMF) 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.
* 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.
China Treasures New Materials Group Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Chemicals subindustry, China Treasures New Materials Group'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.
China Treasures New Materials Group Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % falls into.
China Treasures New Materials Group 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.
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 7.94% mean?
China Treasures New Materials Group (CTNMF) has a Earnings Yield (Joel Greenblatt) % of 7.94% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Treasures New Materials Group and its competitors. This is 29% above median its historical median of 6.15. According to the industry distribution chart, China Treasures New Materials Group ranks #518 out of 1630 companies in the Chemicals industry, placing it in the top 31.8%.
Is China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % too high?
China Treasures New Materials Group's current Earnings Yield (Joel Greenblatt) % of 7.94% is 29% above median its 10-year median of 6.15. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.06. China Treasures New Materials Group's value of 7.94% is 95.6% above this industry median. Based on the distribution chart, China Treasures New Materials Group ranks #518 out of 1630 companies in the Chemicals industry, which is above the industry midpoint. Overall, China Treasures New Materials Group has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does China Treasures New Materials Group's Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Treasures New Materials Group ranks #518 out of 1630 companies for Earnings Yield (Joel Greenblatt) %. This puts China Treasures New Materials Group in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.06. China Treasures New Materials Group's value of 7.94% is 95.6% above this benchmark. While the company's 10-year median is 6.15 vs. the industry median of 4.06, China Treasures New Materials Group 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 4.06, based on 1,630 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. China Treasures New Materials Group's current Earnings Yield (Joel Greenblatt) % of 7.94% is 95.6% 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 China Treasures New Materials Group and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Treasures New Materials Group's current Earnings Yield (Joel Greenblatt) % is 7.94%, which is 29% above median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Treasures New Materials Group stock overvalued right now?
China Treasures New Materials Group (CTNMF) has a current Earnings Yield (Joel Greenblatt) % of 7.94%. The stock's GF Value™ is $0.02, compared to a current price of $0.03 — trading 35% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.94%, which is 29% above median its 10-year median of 6.15 and 95.6% above the Chemicals industry median of 4.06. China Treasures New Materials Group's overall GF Score™ is 65/100 with 8 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 China Treasures New Materials Group (CTNMF), the current Earnings Yield (Joel Greenblatt) % is 7.94% as of Dec. 2025. 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 China Treasures New Materials Group (CTNMF) Overvalued in 2026?
Based on GuruFocus' analysis, China Treasures New Materials Group stock appears to be overvalued.
The current stock price of $0.03 is trading 35% above its estimated GF Value™ of $0.02.
Key valuation signals for CTNMF:
Earnings Yield (Joel Greenblatt) %: 7.94% (29% above median its 10-year median of 6.15)
GF Value™: $0.02 vs. price of $0.03 (35% above fair value)
Industry Position: 95.6% above the Chemicals median (#518 of 1630)
No single metric tells the full story. See the CTNMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Treasures New Materials Group Ltd mainly engages in developing and manufacturing biodegradable plastic products in Northeast China. Its biodegradable plastic products mainly come in biodegradable roll bags. The Group provides biodegradable plastic products, including biodegradable masterbatches that can be used to produce biodegradable plastic products. It has two reportable and operating segments: development and manufacture of biodegradable plastic products, and development and manufacture of non-biodegradable automobile plastic parts. The Group generates the majority of its revenue from the development and manufacture of biodegradable plastic products. Geographically, it generates maximum revenue from the People's Republic of China (PRC).
65GF Score
Get the complete analysis for CTNMF
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
CTNMF has been successfully added to your 
