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TH InternationalTHCH +2.30%53 Earnings Yield (Joel Greenblatt) % is -19.92% as of Mar. 2026. GuruFocus rates THCH with a GF Score™ of 53/100 and a GF Value™ of $2.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 368 Restaurants companies, TH International ranks worse than 93.75% on this metric.
TH International's Enterprise Value for the quarter that ended in Mar. 2026 was $334.2 Mil.
TH International's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-66.6 Mil. TH International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -19.92%.
The historical rank and industry rank for TH International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
THCH'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -34.45 Med: -19.76 Max: -9.26
Current: -20.12
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of TH International was -9.26%. The lowest was -34.45%. And the median was -19.76%.
THCH's Earnings Yield (Joel Greenblatt) % is ranked worse than 93.75% of 368
companies
in the Restaurants industry
Industry Median: 3.965
vs THCH: -20.12
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) %. TH International'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.
TH International (NAS:THCH) 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.
TH International Earnings Yield (Joel Greenblatt) % Related Terms
TH International Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for TH International'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.
TH International Earnings Yield (Joel Greenblatt) % Chart
For the Restaurants subindustry, TH International'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.
TH International Earnings Yield (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, TH International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TH International's Earnings Yield (Joel Greenblatt) % falls into.
TH International 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.
TH Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
TH International'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 $-66.6 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -19.92% mean?
TH International (THCH) has a Earnings Yield (Joel Greenblatt) % of -19.92% 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 TH International and its competitors. According to the industry distribution chart, TH International ranks #345 out of 368 companies in the Restaurants industry, placing it in the top 93.7%.
Is TH International's Earnings Yield (Joel Greenblatt) % too high?
TH International's current Earnings Yield (Joel Greenblatt) % is -19.92%. Based on the distribution chart, TH International ranks #345 out of 368 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, TH International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TH International's Earnings Yield (Joel Greenblatt) % compare to STKS and RAVE?
According to the Restaurants industry distribution chart, TH International ranks #345 out of 368 companies for Earnings Yield (Joel Greenblatt) %. This places TH International in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.97. 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 Restaurants company?
The median Earnings Yield (Joel Greenblatt) % among Restaurants companies is 3.97, based on 368 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 TH International and its competitors. For the Restaurants industry, the median Earnings Yield (Joel Greenblatt) % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TH International's current Earnings Yield (Joel Greenblatt) % is -19.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TH International stock overvalued right now?
Based on GuruFocus' analysis, TH International (THCH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.93, compared to a current price of $1.78 — trading 39.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -19.92%. TH International's overall GF Score™ is 53/100 with 4 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 TH International (THCH), the current Earnings Yield (Joel Greenblatt) % is -19.92% 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 TH International (THCH) Overvalued in 2026?
Based on GuruFocus' analysis, TH International stock appears to be undervalued.
The current stock price of $1.78 is trading 39.2% below its estimated GF Value™ of $2.93.
GuruFocus considers TH International to be Possible Value Trap.
Key valuation signals for THCH:
Earnings Yield (Joel Greenblatt) %: -19.92%
GF Value™: $2.93 vs. price of $1.78 (39.2% below fair value)
No single metric tells the full story. See the THCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TH International Ltd is the exclusive master franchisee in China for Tim Hortons, a world-wide coffee and bakery shop brand. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company operated under a single reportable segment, Tim Hortons. The company's revenue is derived from sales of food, beverages, and packaged products by company-owned and operated stores, franchise fees, and revenue from other franchise support activities. Its geographic revenue is derived from operations in the PRC.
53GF 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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