Tsang Yow Industrial Co (TPE:1568) Earnings Yield (Joel Greenblatt) %: 6.45% (As of Jun. 2026) — 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.

TPE:1568 Tsang Yow Industrial Co Ltd TPE:1568
74 GF Score
Price NT$28.20
GF Value NT$25.41
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Tsang Yow Industrial Co Earnings Yield (Joel Greenblatt) %?

Tsang Yow Industrial Co TPE:1568 -5.05% 74 Earnings Yield (Joel Greenblatt) % is 6.45% as of Jun. 2026, which is 6% above its 10-year median of 6.09. GuruFocus rates TPE:1568 with a GF Score™ of 74/100 and a GF Value™ of NT$25.41 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,343 Vehicles & Parts companies, Tsang Yow Industrial Co ranks better than 62.84% on this metric.

Tsang Yow Industrial Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$3,739 Mil. Tsang Yow Industrial Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$241 Mil. Tsang Yow Industrial Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.45%.

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

TPE:1568' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.72   Med: 6.09   Max: 13.43
Current: 8.64

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Tsang Yow Industrial Co was 13.43%. The lowest was -1.72%. And the median was 6.09%.

TPE:1568's Earnings Yield (Joel Greenblatt) % is ranked better than
62.84% of 1343 companies
in the Vehicles & Parts industry
Industry Median: 5.77 vs TPE:1568: 8.64

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) %. Tsang Yow Industrial Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 5.22%. 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.


Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Earnings Yield (Joel Greenblatt) % Related Terms


Tsang Yow Industrial Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tsang Yow Industrial 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.

Tsang Yow Industrial Co Earnings Yield (Joel Greenblatt) % Chart

Tsang Yow Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 10.00 8.96 8.39 8.30

Tsang Yow Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.05 6.70 8.30 8.11 6.45

TPE:1568 vs ORLY, AZO, GPC: Earnings Yield (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Tsang Yow Industrial 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.


Tsang Yow Industrial Co Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tsang Yow Industrial Co's Earnings Yield (Joel Greenblatt) % falls into.


TPE:1568
74GF Score
Tsang Yow Industrial Co Ltd TPE:1568
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsang Yow Industrial 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.

Tsang Yow Industrial Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=172.66/2081.35785
=8.30 %

Tsang Yow Industrial 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$241 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 6.45% mean?
Tsang Yow Industrial Co (TPE:1568) has a Earnings Yield (Joel Greenblatt) % of 6.45% 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 Tsang Yow Industrial Co and its competitors. This is near median its historical median of 6.09. According to the industry distribution chart, Tsang Yow Industrial Co ranks #499 out of 1343 companies in the Vehicles & Parts industry, placing it in the top 37.2%.
Is Tsang Yow Industrial Co's Earnings Yield (Joel Greenblatt) % too high?
Tsang Yow Industrial Co's current Earnings Yield (Joel Greenblatt) % of 6.45% is near median its 10-year median of 6.09. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.77. Tsang Yow Industrial Co's value of 6.45% is 11.8% above this industry median. Based on the distribution chart, Tsang Yow Industrial Co ranks #499 out of 1343 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tsang Yow Industrial Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsang Yow Industrial Co's Earnings Yield (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tsang Yow Industrial Co ranks #499 out of 1343 companies for Earnings Yield (Joel Greenblatt) %. This puts Tsang Yow Industrial Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.77. Tsang Yow Industrial Co's value of 6.45% is 11.8% above this benchmark. While the company's 10-year median is 6.09 vs. the industry median of 5.77, Tsang Yow Industrial 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 5.77, based on 1,343 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. Tsang Yow Industrial Co's current Earnings Yield (Joel Greenblatt) % of 6.45% is 11.8% 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 Tsang Yow Industrial Co and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsang Yow Industrial Co's current Earnings Yield (Joel Greenblatt) % is 6.45%, which is near median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsang Yow Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tsang Yow Industrial Co (TPE:1568) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.41, compared to a current price of NT$28.20 — trading 11% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.45%, which is near median its 10-year median of 6.09 and 11.8% above the Vehicles & Parts industry median of 5.77. Tsang Yow Industrial Co's overall GF Score™ is 74/100 with 1 warning sign 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 Tsang Yow Industrial Co (TPE:1568), the current Earnings Yield (Joel Greenblatt) % is 6.45% 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 Tsang Yow Industrial Co (TPE:1568) Overvalued in 2026?

Based on GuruFocus' analysis, Tsang Yow Industrial Co stock appears to be overvalued. The current stock price of NT$28.20 is trading 11% above its estimated GF Value™ of NT$25.41. GuruFocus considers Tsang Yow Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1568:

  • Earnings Yield (Joel Greenblatt) %: 6.45% (near median its 10-year median of 6.09)
  • GF Value™: NT$25.41 vs. price of NT$28.20 (11% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 11.8% above the Vehicles & Parts median (#499 of 1343)

No single metric tells the full story. See the TPE:1568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsang Yow Industrial Co Business Description

Address No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.
74GF Score

Get the complete analysis for TPE:1568

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

NT$28.20
Price
NT$25.41
GF Value