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Thai BeverageTBVPF -1.21%60 Earnings Yield (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates TBVPF with a GF Score™ of 60/100 and a GF Value™ of $0.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 213 Beverages - Alcoholic companies, Thai Beverage ranks better than 69.95% on this metric.
Thai Beverage's Enterprise Value for the quarter that ended in Mar. 2026 was $16,905 Mil.
Thai Beverage's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,471 Mil. Thai Beverage's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Thai Beverage's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TBVPF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.63 Med: 6.67 Max: 9.78
Current: 8.67
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thai Beverage was 9.78%. The lowest was 3.63%. And the median was 6.67%.
TBVPF's Earnings Yield (Joel Greenblatt) % is ranked better than 69.95% of 213
companies
in the Beverages - Alcoholic industry
Industry Median: 5.31
vs TBVPF: 8.67
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) %. Thai Beverage'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.
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.
Thai Beverage Earnings Yield (Joel Greenblatt) % Related Terms
Thai Beverage Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Thai Beverage'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.
TBVPF vs BF.B: Earnings Yield (Joel Greenblatt) % Comparison
For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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.
Thai Beverage Earnings Yield (Joel Greenblatt) % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thai Beverage's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Thai Beverages Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 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 0.00% mean?
Thai Beverage (TBVPF) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 Thai Beverage and its competitors. Over the past decade, Thai Beverage's Earnings Yield (Joel Greenblatt) % has ranged from 3.63 to 9.78. According to the industry distribution chart, Thai Beverage ranks #64 out of 213 companies in the Beverages - Alcoholic industry, placing it in the top 30%.
Is Thai Beverage's Earnings Yield (Joel Greenblatt) % too high?
Thai Beverage's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 9.78. Based on the distribution chart, Thai Beverage ranks #64 out of 213 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Thai Beverage has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Beverage's Earnings Yield (Joel Greenblatt) % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Thai Beverage ranks #64 out of 213 companies for Earnings Yield (Joel Greenblatt) %. This puts Thai Beverage in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.31. Historically, Thai Beverage's own Earnings Yield (Joel Greenblatt) % has ranged from 3.63 to 9.78 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 a Beverages - Alcoholic company?
The median Earnings Yield (Joel Greenblatt) % among Beverages - Alcoholic companies is 5.31, based on 213 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. 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 Thai Beverage and its competitors. For the Beverages - Alcoholic industry, the median Earnings Yield (Joel Greenblatt) % is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Beverage's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Beverage stock overvalued right now?
Based on GuruFocus' analysis, Thai Beverage (TBVPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.40, compared to a current price of $0.34 — trading 15% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Thai Beverage's overall GF Score™ is 60/100 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 Thai Beverage (TBVPF), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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 Thai Beverage (TBVPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Beverage stock appears to be undervalued.
The current stock price of $0.34 is trading 15% below its estimated GF Value™ of $0.40.
GuruFocus considers Thai Beverage to be Modestly Undervalued.
Key valuation signals for TBVPF:
Earnings Yield (Joel Greenblatt) %: 0.00%
GF Value™: $0.40 vs. price of $0.34 (15% below fair value)
No single metric tells the full story. See the TBVPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segments include Spirits; production and sales of branded spirits products and soda. Beer: production and sales of raw materials, branded beer products, Chang soda and Chang water. Non-alcoholic beverages: production and sales of branded water, ready-to-drink coffee, energy drink, green tea, fruit flavored drinks and dairy products. Food: restaurants and distribution of food and beverages; and Others: publishing and printing. Key revenue is generated from Beer. It operates in Thailand, which generates the majority of revenue, Vietnam, Malaysia, Myanmar, Singapore and others.
60GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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