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China TowerCTOWY 83 Earnings Yield (Joel Greenblatt) % is 6.82% as of Dec. 2025, which is 16% above its 10-year median of 5.89. GuruFocus rates CTOWY with a GF Score™ of 83/100 and a GF Value™ of $17.84. The stock has 3 warning signs investors should review. Among 373 Telecommunication Services companies, China Tower ranks better than 66.76% on this metric.
China Tower's Enterprise Value for the quarter that ended in Dec. 2025 was $38,192 Mil.
China Tower's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,918 Mil. China Tower's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 6.82%.
The historical rank and industry rank for China Tower's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CTOWY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.31 Med: 5.89 Max: 8.33
Current: 8.33
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of China Tower was 8.33%. The lowest was 2.31%. And the median was 5.89%.
CTOWY's Earnings Yield (Joel Greenblatt) % is ranked better than 66.76% of 373
companies
in the Telecommunication Services industry
Industry Median: 5.88
vs CTOWY: 8.33
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 Tower's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 11.81%. 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 Tower (OTCPK:CTOWY) 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.
China Tower Earnings Yield (Joel Greenblatt) % Related Terms
China Tower Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for China Tower'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.
China Tower Earnings Yield (Joel Greenblatt) % Chart
For the Telecom Services subindustry, China Tower'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 Tower Earnings Yield (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Tower's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Tower's Earnings Yield (Joel Greenblatt) % falls into.
China Tower 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.
China Towers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 6.82% mean?
China Tower (CTOWY) has a Earnings Yield (Joel Greenblatt) % of 6.82% 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 Tower and its competitors. This is 16% above median its historical median of 5.89. Over the past decade, China Tower's Earnings Yield (Joel Greenblatt) % has ranged from 2.31 to 8.33. According to the industry distribution chart, China Tower ranks #124 out of 373 companies in the Telecommunication Services industry, placing it in the top 33.2%.
Is China Tower's Earnings Yield (Joel Greenblatt) % too high?
China Tower's current Earnings Yield (Joel Greenblatt) % of 6.82% is 16% above median its 10-year median of 5.89. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 8.33. The Telecommunication Services industry median Earnings Yield (Joel Greenblatt) % is 5.88. China Tower's value of 6.82% is 16% above this industry median. Based on the distribution chart, China Tower ranks #124 out of 373 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, China Tower has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Tower's Earnings Yield (Joel Greenblatt) % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, China Tower ranks #124 out of 373 companies for Earnings Yield (Joel Greenblatt) %. This puts China Tower in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.88. China Tower's value of 6.82% is 16% above this benchmark. Historically, China Tower's own Earnings Yield (Joel Greenblatt) % has ranged from 2.31 to 8.33 over the past decade. While the company's 10-year median is 5.89 vs. the industry median of 5.88, China Tower 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 Telecommunication Services company?
The median Earnings Yield (Joel Greenblatt) % among Telecommunication Services companies is 5.88, based on 373 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 Tower's current Earnings Yield (Joel Greenblatt) % of 6.82% is 16% 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 Tower and its competitors. For the Telecommunication Services industry, the median Earnings Yield (Joel Greenblatt) % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tower's current Earnings Yield (Joel Greenblatt) % is 6.82%, which is 16% above 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 China Tower stock overvalued right now?
China Tower (CTOWY) has a current Earnings Yield (Joel Greenblatt) % of 6.82%. The stock's GF Value™ is $17.84, compared to a current price of $14.93 — trading 16.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.82%, which is 16% above median its 10-year median of 5.89 and 16% above the Telecommunication Services industry median of 5.88. China Tower's overall GF Score™ is 83/100 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 China Tower (CTOWY), the current Earnings Yield (Joel Greenblatt) % is 6.82% 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 Tower (CTOWY) Overvalued in 2026?
Based on GuruFocus' analysis, China Tower stock appears to be undervalued.
The current stock price of $14.93 is trading 16.3% below its estimated GF Value™ of $17.84.
Key valuation signals for CTOWY:
Earnings Yield (Joel Greenblatt) %: 6.82% (16% above median its 10-year median of 5.89)
GF Value™: $17.84 vs. price of $14.93 (16.3% below fair value)
Industry Position: 16% above the Telecommunication Services median (#124 of 373)
No single metric tells the full story. See the CTOWY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. It is principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The Group's various operating divisions are Tower business, DAS business, Smart Tower business, and Energy business. Geographically, the Group derives all of its revenue from Mainland China.
83GF Score
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