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Thermal Energy InternationalTMGEF 53 Earnings Yield (Joel Greenblatt) % is 6.37% as of Feb. 2026, which is 131% above its 10-year median of 2.76. GuruFocus rates TMGEF with a GF Score™ of 53/100 and a GF Value™ of $0.18 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,088 Industrial Products companies, Thermal Energy International ranks better than 72.6% on this metric.
Thermal Energy International's Enterprise Value for the quarter that ended in Feb. 2026 was $18.99 Mil.
Thermal Energy International's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was $1.20 Mil. Thermal Energy International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2026 was 6.37%.
The historical rank and industry rank for Thermal Energy International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TMGEF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.33 Med: 2.76 Max: 27.66
Current: 7.06
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Thermal Energy International was 27.66%. The lowest was -22.33%. And the median was 2.76%.
TMGEF's Earnings Yield (Joel Greenblatt) % is ranked better than 72.6% of 3088
companies
in the Industrial Products industry
Industry Median: 3.455
vs TMGEF: 7.06
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) %. Thermal Energy International's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 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.
Thermal Energy International (OTCPK:TMGEF) 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.
Thermal Energy International Earnings Yield (Joel Greenblatt) % Related Terms
Thermal Energy International Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Thermal Energy 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.
Thermal Energy International Earnings Yield (Joel Greenblatt) % Chart
For the Pollution & Treatment Controls subindustry, Thermal Energy 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.
Thermal Energy International Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermal Energy International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thermal Energy International's Earnings Yield (Joel Greenblatt) % falls into.
Thermal Energy 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.
Thermal Energy Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2025 is calculated as
Thermal Energy International's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.20 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.37% mean?
Thermal Energy International (TMGEF) has a Earnings Yield (Joel Greenblatt) % of 6.37% as of Feb. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Thermal Energy International and its competitors. This is 131% above median its historical median of 2.76. According to the industry distribution chart, Thermal Energy International ranks #846 out of 3088 companies in the Industrial Products industry, placing it in the top 27.4%.
Is Thermal Energy International's Earnings Yield (Joel Greenblatt) % too high?
Thermal Energy International's current Earnings Yield (Joel Greenblatt) % of 6.37% is 131% above median its 10-year median of 2.76. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.46. Thermal Energy International's value of 6.37% is 84.4% above this industry median. Based on the distribution chart, Thermal Energy International ranks #846 out of 3088 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thermal Energy 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 Thermal Energy International's Earnings Yield (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #846 out of 3088 companies for Earnings Yield (Joel Greenblatt) %. This puts Thermal Energy International in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. Thermal Energy International's value of 6.37% is 84.4% above this benchmark. While the company's 10-year median is 2.76 vs. the industry median of 3.46, Thermal Energy International 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,088 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. Thermal Energy International's current Earnings Yield (Joel Greenblatt) % of 6.37% is 84.4% 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 Thermal Energy International and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current Earnings Yield (Joel Greenblatt) % is 6.37%, which is 131% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.18, compared to a current price of $0.11 — trading 38.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.37%, which is 131% above median its 10-year median of 2.76 and 84.4% above the Industrial Products industry median of 3.46. Thermal Energy 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 Thermal Energy International (TMGEF), the current Earnings Yield (Joel Greenblatt) % is 6.37% as of Feb. 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 Thermal Energy International (TMGEF) Overvalued in 2026?
Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued.
The current stock price of $0.11 is trading 38.9% below its estimated GF Value™ of $0.18.
GuruFocus considers Thermal Energy International to be Possible Value Trap.
Key valuation signals for TMGEF:
Earnings Yield (Joel Greenblatt) %: 6.37% (131% above median its 10-year median of 2.76)
GF Value™: $0.18 vs. price of $0.11 (38.9% below fair value)
Industry Position: 84.4% above the Industrial Products median (#846 of 3088)
No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
53GF Score
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