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Taiyo Kagaku CoNGO:2902 +1.12%75 Earnings Yield (Joel Greenblatt) % is 24.04% as of Mar. 2026, which is 30% above its 10-year median of 18.43. GuruFocus rates NGO:2902 with a GF Score™ of 75/100 and a GF Value™ of 円1,848.70 (Significantly Overvalued). Among 1,629 Chemicals companies, Taiyo Kagaku Co ranks better than 94.17% on this metric.
Taiyo Kagaku Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円31,410 Mil.
Taiyo Kagaku Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円8,100 Mil. Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 24.04%.
The historical rank and industry rank for Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NGO:2902'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.03 Med: 18.43 Max: 29.32
Current: 22.68
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Taiyo Kagaku Co was 29.32%. The lowest was 11.03%. And the median was 18.43%.
NGO:2902's Earnings Yield (Joel Greenblatt) % is ranked better than 94.17% of 1629
companies
in the Chemicals industry
Industry Median: 4.14
vs NGO:2902: 22.68
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) %. Taiyo Kagaku Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 16.13%. 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.
Taiyo Kagaku Co (NGO:2902) 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.
Taiyo Kagaku Co Earnings Yield (Joel Greenblatt) % Related Terms
Taiyo Kagaku Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Taiyo Kagaku Co'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.
Taiyo Kagaku Co Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Chemicals subindustry, Taiyo Kagaku Co'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.
Taiyo Kagaku Co Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % falls into.
Taiyo Kagaku Co 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.
Taiyo Kagaku Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Taiyo Kagaku Co'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 円8,100 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 24.04% mean?
Taiyo Kagaku Co (NGO:2902) has a Earnings Yield (Joel Greenblatt) % of 24.04% 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 Taiyo Kagaku Co and its competitors. This is 30% above median its historical median of 18.43. Over the past decade, Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % has ranged from 11.03 to 29.32. According to the industry distribution chart, Taiyo Kagaku Co ranks #95 out of 1629 companies in the Chemicals industry, placing it in the top 5.8%.
Is Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % too high?
Taiyo Kagaku Co's current Earnings Yield (Joel Greenblatt) % of 24.04% is 30% above median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 11.03 to a high of 29.32. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.14. Taiyo Kagaku Co's value of 24.04% is 480.7% above this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #95 out of 1629 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Kagaku Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Earnings Yield (Joel Greenblatt) % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #95 out of 1629 companies for Earnings Yield (Joel Greenblatt) %. This places Taiyo Kagaku Co in the top 6% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.14. Taiyo Kagaku Co's value of 24.04% is 480.7% above this benchmark. Historically, Taiyo Kagaku Co's own Earnings Yield (Joel Greenblatt) % has ranged from 11.03 to 29.32 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 4.14, Taiyo Kagaku Co 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 4.14, based on 1,629 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. Taiyo Kagaku Co's current Earnings Yield (Joel Greenblatt) % of 24.04% is 480.7% 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 Taiyo Kagaku Co and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Earnings Yield (Joel Greenblatt) % is 24.04%, which is 30% above median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,848.70, compared to a current price of 円2,720.00 — trading 47.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 24.04%, which is 30% above median its 10-year median of 18.43 and 480.7% above the Chemicals industry median of 4.14. Taiyo Kagaku Co's overall GF Score™ is 75/100. 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 Taiyo Kagaku Co (NGO:2902), the current Earnings Yield (Joel Greenblatt) % is 24.04% 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?
Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued.
The current stock price of 円2,720.00 is trading 47.1% above its estimated GF Value™ of 円1,848.70.
GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.
Key valuation signals for NGO:2902:
Earnings Yield (Joel Greenblatt) %: 24.04% (30% above median its 10-year median of 18.43)
GF Value™: 円1,848.70 vs. price of 円2,720.00 (47.1% above fair value)
Industry Position: 480.7% above the Chemicals median (#95 of 1629)
No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
75GF Score
Get the complete analysis for NGO:2902
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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