Top Line Business Development (PHS:TOP) Earnings Yield (Joel Greenblatt) %: 2.13% (As of Mar. 2026) — Near Median


PHS:TOP Top Line Business Development Corp PHS:TOP
6 GF Score
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! 2 Warning Signs
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What is Top Line Business Development Earnings Yield (Joel Greenblatt) %?

Top Line Business Development PHS:TOP +2.53% 6 Earnings Yield (Joel Greenblatt) % is 2.13% as of Mar. 2026, which is 8% above its 10-year median of 1.98. GuruFocus rates PHS:TOP with a GF Score™ of 6/100. The stock has 2 warning signs investors should review. Among 1,123 Retail - Cyclical companies, Top Line Business Development ranks worse than 69.63% on this metric.

Top Line Business Development's Enterprise Value for the quarter that ended in Mar. 2026 was ₱18,041 Mil. Top Line Business Development's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₱384 Mil. Top Line Business Development's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 2.13%.

The historical rank and industry rank for Top Line Business Development's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

PHS:TOP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.52   Med: 1.98   Max: 8.17
Current: 1.88

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Top Line Business Development was 8.17%. The lowest was 1.52%. And the median was 1.98%.

PHS:TOP's Earnings Yield (Joel Greenblatt) % is ranked worse than
69.63% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 5.48 vs PHS:TOP: 1.88

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) %. Top Line Business Development'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.


Top Line Business Development  (PHS:TOP) 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.


Top Line Business Development Earnings Yield (Joel Greenblatt) % Related Terms


Top Line Business Development Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Top Line Business Development'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.

Top Line Business Development Earnings Yield (Joel Greenblatt) % Chart

Top Line Business Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
0.00 0.00 0.00 0.00 1.66

Top Line Business Development Quarterly Data
Dec21 Dec22 Sep23 Dec23 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 0.00 4.68 1.89 1.66 2.13

PHS:TOP vs CASY, WSM, DKS: Earnings Yield (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, Top Line Business Development'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.


Top Line Business Development Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Top Line Business Development's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Top Line Business Development's Earnings Yield (Joel Greenblatt) % falls into.


PHS:TOP
6GF Score
Top Line Business Development Corp PHS:TOP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Line Business Development 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.

Top Line Business Developments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=335.337/20224.7708
=1.66 %

Top Line Business Development'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 ₱384 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.13% mean?
Top Line Business Development (PHS:TOP) has a Earnings Yield (Joel Greenblatt) % of 2.13% 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 Top Line Business Development and its competitors. This is near median its historical median of 1.98. Over the past decade, Top Line Business Development's Earnings Yield (Joel Greenblatt) % has ranged from 1.52 to 8.17. According to the industry distribution chart, Top Line Business Development ranks #782 out of 1123 companies in the Retail - Cyclical industry, placing it in the top 69.6%.
Is Top Line Business Development's Earnings Yield (Joel Greenblatt) % too high?
Top Line Business Development's current Earnings Yield (Joel Greenblatt) % of 2.13% is near median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 8.17. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.48. Top Line Business Development's value of 2.13% is 61.1% below this industry median. Based on the distribution chart, Top Line Business Development ranks #782 out of 1123 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Top Line Business Development has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Top Line Business Development's Earnings Yield (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Top Line Business Development ranks #782 out of 1123 companies for Earnings Yield (Joel Greenblatt) %. This places Top Line Business Development in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.48. Top Line Business Development's value of 2.13% is 61.1% below this benchmark. Historically, Top Line Business Development's own Earnings Yield (Joel Greenblatt) % has ranged from 1.52 to 8.17 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 5.48, Top Line Business Development has consistently been below 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.48, based on 1,123 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. Top Line Business Development's current Earnings Yield (Joel Greenblatt) % of 2.13% is 61.1% below 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 Top Line Business Development and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Line Business Development's current Earnings Yield (Joel Greenblatt) % is 2.13%, which is near median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Line Business Development stock overvalued right now?
Top Line Business Development (PHS:TOP) has a current Earnings Yield (Joel Greenblatt) % of 2.13%. The current Earnings Yield (Joel Greenblatt) % is 2.13%, which is near median its 10-year median of 1.98 and 61.1% below the Retail - Cyclical industry median of 5.48. Top Line Business Development's overall GF Score™ is 6/100 with 2 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 Top Line Business Development (PHS:TOP), the current Earnings Yield (Joel Greenblatt) % is 2.13% 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.

Top Line Business Development Business Description

Address Mindanao Avenue, 19th Floor, Latitude Corporate Center, Cebu Business Park, Barangay Luz, Cebu, PHL, 6000
Top Line Business Development Corp is providing consistent and reliable fuel solutions that power industries with efficiency and sustainability. It is mainly focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The company is engaged in the business of petroleum and petroleum products, mineral oils, and other sources of energy.
6GF Score

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