Thang Long Investment Group (HSTC:TIG) Earnings Yield (Joel Greenblatt) %: 4.86% (As of Mar. 2026) — 49% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HSTC:TIG Thang Long Investment Group HSTC:TIG
81 GF Score
Price ₫5,700.00
GF Value ₫7,462.63
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Thang Long Investment Group Earnings Yield (Joel Greenblatt) %?

Thang Long Investment Group HSTC:TIG 81 Earnings Yield (Joel Greenblatt) % is 4.86% as of Mar. 2026, which is 49% below its 10-year median of 9.54. GuruFocus rates HSTC:TIG with a GF Score™ of 81/100 and a GF Value™ of ₫7,462.63 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,631 Asset Management companies, Thang Long Investment Group ranks better than 80.01% on this metric.

Thang Long Investment Group's Enterprise Value for the quarter that ended in Mar. 2026 was ₫2,017,890 Mil. Thang Long Investment Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₫98,018 Mil. Thang Long Investment Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.86%.

The historical rank and industry rank for Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HSTC:TIG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.86   Med: 9.54   Max: 44.67
Current: 5.61

During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of Thang Long Investment Group was 44.67%. The lowest was 4.86%. And the median was 9.54%.

HSTC:TIG's Earnings Yield (Joel Greenblatt) % is ranked better than
80.01% of 1631 companies
in the Asset Management industry
Industry Median: 0 vs HSTC:TIG: 5.61

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) %. Thang Long Investment Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.


Thang Long Investment Group  (HSTC:TIG) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Thang Long Investment Group Earnings Yield (Joel Greenblatt) % Related Terms


Thang Long Investment Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thang Long Investment Group'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.

Thang Long Investment Group Earnings Yield (Joel Greenblatt) % Chart

Thang Long Investment Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 7.57 14.41 9.08 4.97 6.72

Thang Long Investment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.93 12.29 6.46 6.72 4.86

HSTC:TIG vs BLK, BX, KKR: Earnings Yield (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Thang Long Investment 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.


Thang Long Investment Group Earnings Yield (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % falls into.


HSTC:TIG
81GF Score
Thang Long Investment Group HSTC:TIG
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thang Long Investment 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.

Thang Long Investment Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=149959.872/2232538.65
=6.72 %

Thang Long Investment Group'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 ₫98,018 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 4.86% mean?
Thang Long Investment Group (HSTC:TIG) has a Earnings Yield (Joel Greenblatt) % of 4.86% 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 Thang Long Investment Group and its competitors. This is 49% below median its historical median of 9.54. Over the past decade, Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % has ranged from 4.86 to 44.67. According to the industry distribution chart, Thang Long Investment Group ranks #326 out of 1631 companies in the Asset Management industry, placing it in the top 20%.
Is Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % too high?
Thang Long Investment Group's current Earnings Yield (Joel Greenblatt) % of 4.86% is 49% below median its 10-year median of 9.54. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 44.67. Based on the distribution chart, Thang Long Investment Group ranks #326 out of 1631 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Thang Long Investment Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thang Long Investment Group's Earnings Yield (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thang Long Investment Group ranks #326 out of 1631 companies for Earnings Yield (Joel Greenblatt) %. This places Thang Long Investment Group in the top 20% of its industry — outperforming the majority of peers. Historically, Thang Long Investment Group's own Earnings Yield (Joel Greenblatt) % has ranged from 4.86 to 44.67 over the past decade. 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 Asset Management company?
A good Earnings Yield (Joel Greenblatt) % depends on the Asset Management industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Thang Long Investment Group and its competitors. Thang Long Investment Group's current Earnings Yield (Joel Greenblatt) % is 4.86%, which is 49% below median its own 10-year median of 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Thang Long Investment Group (HSTC:TIG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫7,462.63, compared to a current price of ₫5,700.00 — trading 23.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.86%, which is 49% below median its 10-year median of 9.54. Thang Long Investment Group's overall GF Score™ is 81/100 with 6 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 Thang Long Investment Group (HSTC:TIG), the current Earnings Yield (Joel Greenblatt) % is 4.86% 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 Thang Long Investment Group (HSTC:TIG) Overvalued in 2026?

Based on GuruFocus' analysis, Thang Long Investment Group stock appears to be undervalued. The current stock price of ₫5,700.00 is trading 23.6% below its estimated GF Value™ of ₫7,462.63. GuruFocus considers Thang Long Investment Group to be Modestly Undervalued.

Key valuation signals for HSTC:TIG:

  • Earnings Yield (Joel Greenblatt) %: 4.86% (49% below median its 10-year median of 9.54)
  • GF Value™: ₫7,462.63 vs. price of ₫5,700.00 (23.6% below fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the HSTC:TIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thang Long Investment Group Business Description

Address Pham Hung Street, My Dinh I Ward, 8th floor, Tower B, Song Da Building, Nam Tu Liem District, Hanoi, VNM
Thang Long Investment Group is an investment company. The company operates in the field of Real Estate, where the company has managed and owned projects. The distribution field deals with the distribution of household products such as electronics and home appliances in Vietnam, and the Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works and transport infrastructure. It is also involved in other sectors such as tourism, trading, and communication services in Vietnam. The Company is organized into three separate business segments, including: real estate operations, trading activities, and Provision of other services.
81GF Score

Get the complete analysis for HSTC:TIG

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫5,700.00
Price
₫7,462.63
GF Value