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.
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.
Hsing Ta Cement CoTPE:1109 +0.37%69 Earnings Yield (Joel Greenblatt) % is 9.52% as of Jun. 2026, which is 64% below its 10-year median of 26.51. GuruFocus rates TPE:1109 with a GF Score™ of 69/100 and a GF Value™ of NT$13.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 419 Building Materials companies, Hsing Ta Cement Co ranks better than 73.99% on this metric.
Hsing Ta Cement Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$3,197 Mil.
Hsing Ta Cement Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$304 Mil. Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.52%.
The historical rank and industry rank for Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:1109'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.7 Med: 26.51 Max: 46.77
Current: 10.09
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hsing Ta Cement Co was 46.77%. The lowest was 1.70%. And the median was 26.51%.
TPE:1109's Earnings Yield (Joel Greenblatt) % is ranked better than 73.99% of 419
companies
in the Building Materials industry
Industry Median: 5.41
vs TPE:1109: 10.09
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) %. Hsing Ta Cement Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -9.28%. 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.
Hsing Ta Cement Co (TPE:1109) 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.
Hsing Ta Cement Co Earnings Yield (Joel Greenblatt) % Related Terms
Hsing Ta Cement Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Hsing Ta Cement Co'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.
Hsing Ta Cement Co Earnings Yield (Joel Greenblatt) % Chart
For the Building Materials subindustry, Hsing Ta Cement 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.
Hsing Ta Cement Co Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % falls into.
Hsing Ta Cement 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.
Hsing Ta Cement Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Hsing Ta Cement Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$304 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.52% mean?
Hsing Ta Cement Co (TPE:1109) has a Earnings Yield (Joel Greenblatt) % of 9.52% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Hsing Ta Cement Co and its competitors. This is 64% below median its historical median of 26.51. Over the past decade, Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.70 to 46.77. According to the industry distribution chart, Hsing Ta Cement Co ranks #109 out of 419 companies in the Building Materials industry, placing it in the top 26%.
Is Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % too high?
Hsing Ta Cement Co's current Earnings Yield (Joel Greenblatt) % of 9.52% is 64% below median its 10-year median of 26.51. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 46.77. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.41. Hsing Ta Cement Co's value of 9.52% is 76% above this industry median. Based on the distribution chart, Hsing Ta Cement Co ranks #109 out of 419 companies in the Building Materials industry, which is above the industry midpoint. Overall, Hsing Ta Cement Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Earnings Yield (Joel Greenblatt) % compare to CRH and MLM?
According to the Building Materials industry distribution chart, Hsing Ta Cement Co ranks #109 out of 419 companies for Earnings Yield (Joel Greenblatt) %. This puts Hsing Ta Cement Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.41. Hsing Ta Cement Co's value of 9.52% is 76% above this benchmark. Historically, Hsing Ta Cement Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.70 to 46.77 over the past decade. While the company's 10-year median is 26.51 vs. the industry median of 5.41, Hsing Ta Cement 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.41, based on 419 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. Hsing Ta Cement Co's current Earnings Yield (Joel Greenblatt) % of 9.52% is 76% 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 Hsing Ta Cement Co and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsing Ta Cement Co's current Earnings Yield (Joel Greenblatt) % is 9.52%, which is 64% below median its own 10-year median of 26.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.30, compared to a current price of NT$13.55 — trading 1.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.52%, which is 64% below median its 10-year median of 26.51 and 76% above the Building Materials industry median of 5.41. Hsing Ta Cement Co's overall GF Score™ is 69/100 with 6 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 Hsing Ta Cement Co (TPE:1109), the current Earnings Yield (Joel Greenblatt) % is 9.52% as of Jun. 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?
Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued.
The current stock price of NT$13.55 is trading 1.9% above its estimated GF Value™ of NT$13.30.
GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.
Key valuation signals for TPE:1109:
Earnings Yield (Joel Greenblatt) %: 9.52% (64% below median its 10-year median of 26.51)
GF Value™: NT$13.30 vs. price of NT$13.55 (1.9% above fair value)
Industry Position: 76% above the Building Materials median (#109 of 419)
No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
69GF Score
Get the complete analysis for TPE:1109
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1109 has been successfully added to your 
