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Takasago Thermal Engineering CoTKSNF 83 Earnings Yield (Joel Greenblatt) % is 9.50% as of Mar. 2026, which is 32% below its 10-year median of 14.01. GuruFocus rates TKSNF with a GF Score™ of 83/100 and a GF Value™ of $19.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,802 Construction companies, Takasago Thermal Engineering Co ranks better than 60.27% on this metric.
Takasago Thermal Engineering Co's Enterprise Value for the quarter that ended in Mar. 2026 was $4,155 Mil.
Takasago Thermal Engineering Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $328 Mil. Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.50%.
The historical rank and industry rank for Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TKSNF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.55 Med: 14.01 Max: 25.16
Current: 9.04
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Takasago Thermal Engineering Co was 25.16%. The lowest was 6.55%. And the median was 14.01%.
TKSNF's Earnings Yield (Joel Greenblatt) % is ranked better than 60.27% of 1802
companies
in the Construction industry
Industry Median: 6.445
vs TKSNF: 9.04
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) %. Takasago Thermal Engineering Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 20.62%. 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.
* 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.
Takasago Thermal Engineering Co Earnings Yield (Joel Greenblatt) % Chart
For the Building Products & Equipment subindustry, Takasago Thermal Engineering Co'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.
Takasago Thermal Engineering Co Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % falls into.
Takasago Thermal Engineering Co 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.
Takasago Thermal Engineering Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Takasago Thermal Engineering Co'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 $328 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.50% mean?
Takasago Thermal Engineering Co (TKSNF) has a Earnings Yield (Joel Greenblatt) % of 9.50% 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 Takasago Thermal Engineering Co and its competitors. This is 32% below median its historical median of 14.01. Over the past decade, Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % has ranged from 6.55 to 25.16. According to the industry distribution chart, Takasago Thermal Engineering Co ranks #716 out of 1802 companies in the Construction industry, placing it in the top 39.7%.
Is Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % too high?
Takasago Thermal Engineering Co's current Earnings Yield (Joel Greenblatt) % of 9.50% is 32% below median its 10-year median of 14.01. Over the past 10 years, this metric has ranged from a low of 6.55 to a high of 25.16. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.45. Takasago Thermal Engineering Co's value of 9.50% is 47.4% above this industry median. Based on the distribution chart, Takasago Thermal Engineering Co ranks #716 out of 1802 companies in the Construction industry, which is above the industry midpoint. Overall, Takasago Thermal Engineering Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Takasago Thermal Engineering Co's Earnings Yield (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Takasago Thermal Engineering Co ranks #716 out of 1802 companies for Earnings Yield (Joel Greenblatt) %. This puts Takasago Thermal Engineering Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.45. Takasago Thermal Engineering Co's value of 9.50% is 47.4% above this benchmark. Historically, Takasago Thermal Engineering Co's own Earnings Yield (Joel Greenblatt) % has ranged from 6.55 to 25.16 over the past decade. While the company's 10-year median is 14.01 vs. the industry median of 6.45, Takasago Thermal Engineering Co 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.45, based on 1,802 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. Takasago Thermal Engineering Co's current Earnings Yield (Joel Greenblatt) % of 9.50% is 47.4% 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 Takasago Thermal Engineering Co and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Takasago Thermal Engineering Co's current Earnings Yield (Joel Greenblatt) % is 9.50%, which is 32% below median its own 10-year median of 14.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Takasago Thermal Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co (TKSNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.15, compared to a current price of $26.20 — trading 36.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.50%, which is 32% below median its 10-year median of 14.01 and 47.4% above the Construction industry median of 6.45. Takasago Thermal Engineering Co's overall GF Score™ is 83/100 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 Takasago Thermal Engineering Co (TKSNF), the current Earnings Yield (Joel Greenblatt) % is 9.50% 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 Takasago Thermal Engineering Co (TKSNF) Overvalued in 2026?
Based on GuruFocus' analysis, Takasago Thermal Engineering Co stock appears to be overvalued.
The current stock price of $26.20 is trading 36.8% above its estimated GF Value™ of $19.15.
GuruFocus considers Takasago Thermal Engineering Co to be Significantly Overvalued.
Key valuation signals for TKSNF:
Earnings Yield (Joel Greenblatt) %: 9.50% (32% below median its 10-year median of 14.01)
GF Value™: $19.15 vs. price of $26.20 (36.8% above fair value)
Industry Position: 47.4% above the Construction median (#716 of 1802)
No single metric tells the full story. See the TKSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Takasago Thermal Engineering Co Ltd is a Japan-based company that designs, constructs, manufactures, and installs heating, ventilation, and air conditioning, or HVAC, systems, clean room and related systems, plumbing and sanitation systems, cogeneration systems, electrical systems, instrumentation systems, equipment diagnosis/failure diagnosis systems, dehumidifying/drying systems, vacuum conveying systems for waste, discharged-heat recovery systems, heating/cooling systems, refrigerating/freezing systems, other types of environmental control systems and thermal engineering systems, and so on. In addition, the company is engaged in coordinating construction work, security, and cleaning, with further focus on energy supply, power generation, and water treatment.
83GF Score
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