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Taiheiyo CementTHYCF -10.13%72 Earnings Yield (Joel Greenblatt) % is 6.60% as of Mar. 2026, which is 26% below its 10-year median of 8.94. GuruFocus rates THYCF with a GF Scoreâ„¢ of 72/100 and a GF Valueâ„¢ of $25.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 414 Building Materials companies, Taiheiyo Cement ranks better than 54.83% on this metric.
Taiheiyo Cement's Enterprise Value for the quarter that ended in Mar. 2026 was $4,944 Mil.
Taiheiyo Cement's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $337 Mil. Taiheiyo Cement's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.60%.
The historical rank and industry rank for Taiheiyo Cement's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
THYCF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.06 Med: 8.94 Max: 14.51
Current: 6.13
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Taiheiyo Cement was 14.51%. The lowest was -2.06%. And the median was 8.94%.
THYCF's Earnings Yield (Joel Greenblatt) % is ranked better than 54.83% of 414
companies
in the Building Materials industry
Industry Median: 5.475
vs THYCF: 6.13
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) %. Taiheiyo Cement's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 25.47%. 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.
Taiheiyo Cement Earnings Yield (Joel Greenblatt) % Related Terms
Taiheiyo Cement Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Taiheiyo Cement'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.
For the Building Materials subindustry, Taiheiyo Cement'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.
Taiheiyo Cement Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taiheiyo Cement'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.
Taiheiyo Cements Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Taiheiyo Cement'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 $337 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.60% mean?
Taiheiyo Cement (THYCF) has a Earnings Yield (Joel Greenblatt) % of 6.60% 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 Taiheiyo Cement and its competitors. This is 26% below median its historical median of 8.94. According to the industry distribution chart, Taiheiyo Cement ranks #187 out of 414 companies in the Building Materials industry, placing it in the top 45.2%.
Is Taiheiyo Cement's Earnings Yield (Joel Greenblatt) % too high?
Taiheiyo Cement's current Earnings Yield (Joel Greenblatt) % of 6.60% is 26% below median its 10-year median of 8.94. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.48. Taiheiyo Cement's value of 6.60% is 20.5% above this industry median. Based on the distribution chart, Taiheiyo Cement ranks #187 out of 414 companies in the Building Materials industry, which is above the industry midpoint. Overall, Taiheiyo Cement has a GF Scoreâ„¢ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiheiyo Cement's Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiheiyo Cement ranks #187 out of 414 companies for Earnings Yield (Joel Greenblatt) %. This puts Taiheiyo Cement in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.48. Taiheiyo Cement's value of 6.60% is 20.5% above this benchmark. While the company's 10-year median is 8.94 vs. the industry median of 5.48, Taiheiyo Cement 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.48, based on 414 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. Taiheiyo Cement's current Earnings Yield (Joel Greenblatt) % of 6.60% is 20.5% 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 Taiheiyo Cement and its competitors. For the Building Materials 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. Taiheiyo Cement's current Earnings Yield (Joel Greenblatt) % is 6.60%, which is 26% below median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiheiyo Cement stock overvalued right now?
Based on GuruFocus' analysis, Taiheiyo Cement (THYCF) is currently considered Fairly Valued. The stock's GF Value™ is $25.65, compared to a current price of $24.22 — trading 5.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.60%, which is 26% below median its 10-year median of 8.94 and 20.5% above the Building Materials industry median of 5.48. Taiheiyo Cement's overall GF Score™ is 72/100 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 Taiheiyo Cement (THYCF), the current Earnings Yield (Joel Greenblatt) % is 6.60% 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 Taiheiyo Cement (THYCF) Overvalued in 2026?
Based on GuruFocus' analysis, Taiheiyo Cement stock appears to be undervalued.
The current stock price of $24.22 is trading 5.6% below its estimated GF Value™ of $25.65.
GuruFocus considers Taiheiyo Cement to be Fairly Valued.
Key valuation signals for THYCF:
Earnings Yield (Joel Greenblatt) %: 6.60% (26% below median its 10-year median of 8.94)
GF Value™: $25.65 vs. price of $24.22 (5.6% below fair value)
Industry Position: 20.5% above the Building Materials median (#187 of 414)
No single metric tells the full story. See the THYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiheiyo Cement Corp is a Japan-based company mainly engaged in the manufacture and sale of cement products. The company operates through four main segments. The Building Materials and Civil Engineering segment handles secondary concrete products and ALC (lightweight aerated concrete). The Cement segment covers various cement types and ready-mixed concrete. The Environmental Business focuses on waste recycling and desulfurization materials. The Resources segment deals with aggregates and limestone products. The Others segment includes real estate, engineering, information processing, finance, transportation, warehousing, chemical products, sports, and power supply. It generates the majority of its revenue from the Cement segment.
72GF Score
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