TNIPF (Theon International) Earnings Yield (Joel Greenblatt) %: 5.91% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TNIPF Theon International PLC TNIPF
38 GF Score
Price $39.25
! 3 Warning Signs
View Full Analysis

What is Theon International Earnings Yield (Joel Greenblatt) %?

Theon International TNIPF 38 Earnings Yield (Joel Greenblatt) % is 5.91% as of Dec. 2025, which is 2% above its 10-year median of 5.79. GuruFocus rates TNIPF with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 361 Aerospace & Defense companies, Theon International ranks better than 73.13% on this metric.

Theon International's Enterprise Value for the quarter that ended in Dec. 2025 was $0.0 Mil. Theon International's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $114.2 Mil. Theon International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 5.91%.

The historical rank and industry rank for Theon International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TNIPF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.78   Med: 5.79   Max: 10.48
Current: 4.69

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Theon International was 10.48%. The lowest was 3.78%. And the median was 5.79%.

TNIPF's Earnings Yield (Joel Greenblatt) % is ranked better than
73.13% of 361 companies
in the Aerospace & Defense industry
Industry Median: 2.23 vs TNIPF: 4.69

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) %. Theon International's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was -10.62%. 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.


Theon International  (OTCPK:TNIPF) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Theon International Earnings Yield (Joel Greenblatt) % Related Terms


Theon International Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Theon 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.

Theon International Earnings Yield (Joel Greenblatt) % Chart

Theon International Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.00 10.71 5.91

Theon International Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 10.71 0.00 5.91

TNIPF vs : Earnings Yield (Joel Greenblatt) % Comparison

For the Aerospace & Defense subindustry, Theon 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.


Theon International Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Theon International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Theon International's Earnings Yield (Joel Greenblatt) % falls into.


TNIPF
38GF Score
Theon International PLC TNIPF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Theon 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.

Theon Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=114.223/0
= %

Theon International's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $114.2 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 5.91% mean?
Theon International (TNIPF) has a Earnings Yield (Joel Greenblatt) % of 5.91% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Theon International and its competitors. This is near median its historical median of 5.79. Over the past decade, Theon International's Earnings Yield (Joel Greenblatt) % has ranged from 3.78 to 10.48. According to the industry distribution chart, Theon International ranks #97 out of 361 companies in the Aerospace & Defense industry, placing it in the top 26.9%.
Is Theon International's Earnings Yield (Joel Greenblatt) % too high?
Theon International's current Earnings Yield (Joel Greenblatt) % of 5.91% is near median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 10.48. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.23. Theon International's value of 5.91% is 165% above this industry median. Based on the distribution chart, Theon International ranks #97 out of 361 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Theon International has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Theon International's Earnings Yield (Joel Greenblatt) % compare to ?
According to the Aerospace & Defense industry distribution chart, Theon International ranks #97 out of 361 companies for Earnings Yield (Joel Greenblatt) %. This puts Theon International in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.23. Theon International's value of 5.91% is 165% above this benchmark. Historically, Theon International's own Earnings Yield (Joel Greenblatt) % has ranged from 3.78 to 10.48 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 2.23, Theon 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 Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.23, based on 361 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. Theon International's current Earnings Yield (Joel Greenblatt) % of 5.91% is 165% 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 Theon International and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theon International's current Earnings Yield (Joel Greenblatt) % is 5.91%, which is near median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theon International stock overvalued right now?
Theon International (TNIPF) has a current Earnings Yield (Joel Greenblatt) % of 5.91%. The current Earnings Yield (Joel Greenblatt) % is 5.91%, which is near median its 10-year median of 5.79 and 165% above the Aerospace & Defense industry median of 2.23. Theon International's overall GF Score™ is 38/100 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 Theon International (TNIPF), the current Earnings Yield (Joel Greenblatt) % is 5.91% as of Dec. 2025. 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.

Theon International Business Description

Comparable Companies
Address 5 Agios Antonios Street, 1st floor, Office 102, Nicosia, CYP, 2002
Theon International PLC is a defense and security technology company specializing in electro-optical systems and integrated solutions for military and security applications. It develops and manufactures night vision and thermal imaging systems used by defense and security organizations. The company operates internationally through subsidiaries and production facilities across multiple regions. Its products are used by armed forces and security agencies in various countries. In addition to electro-optical systems, it develops integrated soldier systems, ISR optronics, and platform solutions for land and maritime environments.
38GF Score

Get the complete analysis for TNIPF

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.25
Price