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PTT Exploration & Production PCLFRA:NVAL 89 Earnings Yield (Joel Greenblatt) % is 16.56% as of Mar. 2026, which is 1% above its 10-year median of 16.44. GuruFocus rates FRA:NVAL with a GF Score™ of 89/100 and a GF Value™ of €3.44. The stock has 7 warning signs investors should review. Among 1,033 Oil & Gas companies, PTT Exploration & Production PCL ranks better than 87.51% on this metric.
PTT Exploration & Production PCL's Enterprise Value for the quarter that ended in Mar. 2026 was €17,895 Mil.
PTT Exploration & Production PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €3,044 Mil. PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 16.56%.
The historical rank and industry rank for PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:NVAL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.08 Med: 16.44 Max: 39.09
Current: 18.07
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PTT Exploration & Production PCL was 39.09%. The lowest was -3.08%. And the median was 16.44%.
FRA:NVAL's Earnings Yield (Joel Greenblatt) % is ranked better than 87.51% of 1033
companies
in the Oil & Gas industry
Industry Median: 4.94
vs FRA:NVAL: 18.07
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) %. PTT Exploration & Production PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 20.63%. 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.
PTT Exploration & Production PCL (FRA:NVAL) 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.
PTT Exploration & Production PCL Earnings Yield (Joel Greenblatt) % Chart
For the Oil & Gas E&P subindustry, PTT Exploration & Production 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.
PTT Exploration & Production PCL Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) % falls into.
PTT Exploration & Production PCL 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.
PTT Exploration & Production 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 €3,044 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 16.56% mean?
PTT Exploration & Production PCL (FRA:NVAL) has a Earnings Yield (Joel Greenblatt) % of 16.56% 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 PTT Exploration & Production PCL and its competitors. This is near median its historical median of 16.44. According to the industry distribution chart, PTT Exploration & Production PCL ranks #129 out of 1033 companies in the Oil & Gas industry, placing it in the top 12.5%.
Is PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) % too high?
PTT Exploration & Production PCL's current Earnings Yield (Joel Greenblatt) % of 16.56% is near median its 10-year median of 16.44. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.94. PTT Exploration & Production PCL's value of 16.56% is 235.2% above this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #129 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PTT Exploration & Production PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does PTT Exploration & Production PCL's Earnings Yield (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PTT Exploration & Production PCL ranks #129 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places PTT Exploration & Production PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.94. PTT Exploration & Production PCL's value of 16.56% is 235.2% above this benchmark. While the company's 10-year median is 16.44 vs. the industry median of 4.94, PTT Exploration & Production 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.94, based on 1,033 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. PTT Exploration & Production PCL's current Earnings Yield (Joel Greenblatt) % of 16.56% is 235.2% 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 PTT Exploration & Production PCL and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Exploration & Production PCL's current Earnings Yield (Joel Greenblatt) % is 16.56%, which is near median its own 10-year median of 16.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTT Exploration & Production PCL stock overvalued right now?
PTT Exploration & Production PCL (FRA:NVAL) has a current Earnings Yield (Joel Greenblatt) % of 16.56%. The stock's GF Value™ is €3.44, compared to a current price of €3.78 — trading 9.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 16.56%, which is near median its 10-year median of 16.44 and 235.2% above the Oil & Gas industry median of 4.94. PTT Exploration & Production PCL's overall GF Score™ is 89/100 with 7 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 PTT Exploration & Production PCL (FRA:NVAL), the current Earnings Yield (Joel Greenblatt) % is 16.56% 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 PTT Exploration & Production PCL (FRA:NVAL) Overvalued in 2026?
Based on GuruFocus' analysis, PTT Exploration & Production PCL stock appears to be overvalued.
The current stock price of €3.78 is trading 9.9% above its estimated GF Value™ of €3.44.
Key valuation signals for FRA:NVAL:
Earnings Yield (Joel Greenblatt) %: 16.56% (near median its 10-year median of 16.44)
GF Value™: €3.44 vs. price of €3.78 (9.9% above fair value)
Industry Position: 235.2% above the Oil & Gas median (#129 of 1033)
No single metric tells the full story. See the FRA:NVAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTT Exploration & Production PCL is engaged in the exploration and production of petroleum in Thailand and overseas, and related businesses. Its segments include Exploration and production, which operates in oil and gas exploration and production both domestically and overseas, including overseas gas transportation pipeline, either as an operator or as a joint venture partner with international oil and gas companies. Its domestic projects are located in the Gulf of Thailand. Overseas projects are located in Southeast Asia, the Middle East, Africa, and other regions. Other businesses and corporate consist of investments in other businesses, such as new businesses for energy transition, related businesses, and corporate.
89GF Score
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