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Thoresen Thai Agencies PCLTHAFF 79 Earnings Yield (Joel Greenblatt) % is 11.86% as of Mar. 2026, which is 78% above its 10-year median of 6.66. GuruFocus rates THAFF with a GF Score™ of 79/100 and a GF Value™ of $0.21. The stock has 6 warning signs investors should review. Among 577 Conglomerates companies, Thoresen Thai Agencies PCL ranks better than 72.79% on this metric.
Thoresen Thai Agencies PCL's Enterprise Value for the quarter that ended in Mar. 2026 was $519.1 Mil.
Thoresen Thai Agencies PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $52.0 Mil. Thoresen Thai Agencies PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.86%.
The historical rank and industry rank for Thoresen Thai Agencies PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
THAFF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -68.63 Med: 6.66 Max: 36.68
Current: 11.63
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thoresen Thai Agencies PCL was 36.68%. The lowest was -68.63%. And the median was 6.66%.
THAFF's Earnings Yield (Joel Greenblatt) % is ranked better than 72.79% of 577
companies
in the Conglomerates industry
Industry Median: 6.54
vs THAFF: 11.63
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) %. Thoresen Thai Agencies PCL'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.
The historical data trend for Thoresen Thai Agencies PCL'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.
THAFF vs MMM, HON: Earnings Yield (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Thoresen Thai Agencies 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.
Thoresen Thai Agencies PCL Earnings Yield (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Thoresen Thai Agencies PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thoresen Thai Agencies PCL'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.
Thoresen Thai Agencies PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Thoresen Thai Agencies 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 $52.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 11.86% mean?
Thoresen Thai Agencies PCL (THAFF) has a Earnings Yield (Joel Greenblatt) % of 11.86% 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 Thoresen Thai Agencies PCL and its competitors. This is 78% above median its historical median of 6.66. According to the industry distribution chart, Thoresen Thai Agencies PCL ranks #157 out of 577 companies in the Conglomerates industry, placing it in the top 27.2%.
Is Thoresen Thai Agencies PCL's Earnings Yield (Joel Greenblatt) % too high?
Thoresen Thai Agencies PCL's current Earnings Yield (Joel Greenblatt) % of 11.86% is 78% above median its 10-year median of 6.66. The Conglomerates industry median Earnings Yield (Joel Greenblatt) % is 6.54. Thoresen Thai Agencies PCL's value of 11.86% is 81.3% above this industry median. Based on the distribution chart, Thoresen Thai Agencies PCL ranks #157 out of 577 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Thoresen Thai Agencies PCL has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Thoresen Thai Agencies PCL's Earnings Yield (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Thoresen Thai Agencies PCL ranks #157 out of 577 companies for Earnings Yield (Joel Greenblatt) %. This puts Thoresen Thai Agencies PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.54. Thoresen Thai Agencies PCL's value of 11.86% is 81.3% above this benchmark. While the company's 10-year median is 6.66 vs. the industry median of 6.54, Thoresen Thai Agencies 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 a Conglomerates company?
The median Earnings Yield (Joel Greenblatt) % among Conglomerates companies is 6.54, based on 577 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. Thoresen Thai Agencies PCL's current Earnings Yield (Joel Greenblatt) % of 11.86% is 81.3% 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 Thoresen Thai Agencies PCL and its competitors. For the Conglomerates industry, the median Earnings Yield (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thoresen Thai Agencies PCL's current Earnings Yield (Joel Greenblatt) % is 11.86%, which is 78% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thoresen Thai Agencies PCL stock overvalued right now?
Thoresen Thai Agencies PCL (THAFF) has a current Earnings Yield (Joel Greenblatt) % of 11.86%. The stock's GF Value™ is $0.21, compared to a current price of $0.20 — trading 4.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.86%, which is 78% above median its 10-year median of 6.66 and 81.3% above the Conglomerates industry median of 6.54. Thoresen Thai Agencies PCL's overall GF Score™ is 79/100 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 Thoresen Thai Agencies PCL (THAFF), the current Earnings Yield (Joel Greenblatt) % is 11.86% 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 Thoresen Thai Agencies PCL (THAFF) Overvalued in 2026?
Based on GuruFocus' analysis, Thoresen Thai Agencies PCL stock appears to be undervalued.
The current stock price of $0.20 is trading 4.8% below its estimated GF Value™ of $0.21.
Key valuation signals for THAFF:
Earnings Yield (Joel Greenblatt) %: 11.86% (78% above median its 10-year median of 6.66)
GF Value™: $0.21 vs. price of $0.20 (4.8% below fair value)
Industry Position: 81.3% above the Conglomerates median (#157 of 577)
No single metric tells the full story. See the THAFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from the Offshore Service segment.
79GF 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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