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Headway Advanced Material CoTPE:1776 +1.18%75 Earnings Yield (Joel Greenblatt) % is 10.30% as of Jun. 2026, which is 58% above its 10-year median of 6.53. GuruFocus rates TPE:1776 with a GF Score™ of 75/100 and a GF Value™ of NT$16.28 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,634 Chemicals companies, Headway Advanced Material Co ranks better than 84.64% on this metric.
Headway Advanced Material Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$1,083 Mil.
Headway Advanced Material Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$112 Mil. Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 10.30%.
The historical rank and industry rank for Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:1776'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.45 Med: 6.53 Max: 13.24
Current: 12.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Headway Advanced Material Co was 13.24%. The lowest was -0.45%. And the median was 6.53%.
TPE:1776's Earnings Yield (Joel Greenblatt) % is ranked better than 84.64% of 1634
companies
in the Chemicals industry
Industry Median: 4.225
vs TPE:1776: 12.56
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) %. Headway Advanced Material Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -2.02%. 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.
Headway Advanced Material Co (TPE:1776) 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.
Headway Advanced Material Co Earnings Yield (Joel Greenblatt) % Related Terms
Headway Advanced Material Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Headway Advanced Material 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.
Headway Advanced Material Co Earnings Yield (Joel Greenblatt) % Chart
TPE:1776 vs DOW: Earnings Yield (Joel Greenblatt) % Comparison
For the Chemicals subindustry, Headway Advanced Material 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.
Headway Advanced Material Co Earnings Yield (Joel Greenblatt) % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) % falls into.
Headway Advanced Material 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.
Headway Advanced Material Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Headway Advanced Material 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$112 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.30% mean?
Headway Advanced Material Co (TPE:1776) has a Earnings Yield (Joel Greenblatt) % of 10.30% 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 Headway Advanced Material Co and its competitors. This is 58% above median its historical median of 6.53. According to the industry distribution chart, Headway Advanced Material Co ranks #251 out of 1634 companies in the Chemicals industry, placing it in the top 15.4%.
Is Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) % too high?
Headway Advanced Material Co's current Earnings Yield (Joel Greenblatt) % of 10.30% is 58% above median its 10-year median of 6.53. The Chemicals industry median Earnings Yield (Joel Greenblatt) % is 4.23. Headway Advanced Material Co's value of 10.30% is 143.8% above this industry median. Based on the distribution chart, Headway Advanced Material Co ranks #251 out of 1634 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Headway Advanced Material Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Headway Advanced Material Co's Earnings Yield (Joel Greenblatt) % compare to DOW?
According to the Chemicals industry distribution chart, Headway Advanced Material Co ranks #251 out of 1634 companies for Earnings Yield (Joel Greenblatt) %. This places Headway Advanced Material Co in the top 15% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.23. Headway Advanced Material Co's value of 10.30% is 143.8% above this benchmark. While the company's 10-year median is 6.53 vs. the industry median of 4.23, Headway Advanced Material 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 Chemicals company?
The median Earnings Yield (Joel Greenblatt) % among Chemicals companies is 4.23, based on 1,634 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. Headway Advanced Material Co's current Earnings Yield (Joel Greenblatt) % of 10.30% is 143.8% 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 Headway Advanced Material Co and its competitors. For the Chemicals industry, the median Earnings Yield (Joel Greenblatt) % is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headway Advanced Material Co's current Earnings Yield (Joel Greenblatt) % is 10.30%, which is 58% above median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headway Advanced Material Co stock overvalued right now?
Based on GuruFocus' analysis, Headway Advanced Material Co (TPE:1776) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.28, compared to a current price of NT$17.20 — trading 5.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.30%, which is 58% above median its 10-year median of 6.53 and 143.8% above the Chemicals industry median of 4.23. Headway Advanced Material Co's overall GF Score™ is 75/100 with 5 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 Headway Advanced Material Co (TPE:1776), the current Earnings Yield (Joel Greenblatt) % is 10.30% 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 Headway Advanced Material Co (TPE:1776) Overvalued in 2026?
Based on GuruFocus' analysis, Headway Advanced Material Co stock appears to be overvalued.
The current stock price of NT$17.20 is trading 5.7% above its estimated GF Value™ of NT$16.28.
GuruFocus considers Headway Advanced Material Co to be Fairly Valued.
Key valuation signals for TPE:1776:
Earnings Yield (Joel Greenblatt) %: 10.30% (58% above median its 10-year median of 6.53)
GF Value™: NT$16.28 vs. price of NT$17.20 (5.7% above fair value)
Industry Position: 143.8% above the Chemicals median (#251 of 1634)
No single metric tells the full story. See the TPE:1776 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headway Advanced Material Co Ltd is engaged in business including the manufacture, processing, and sale of polyurethane curing agents, processing agents, coatings, resins for coatings, adhesives, flatting agents, and related raw materials. Geographically, the company generates revenue from Taiwan, Mainland China, and Vietnam, out of which the majority of revenue is generated from Taiwan. The company generates the majority of its revenue from the sale of PU resin.
75GF Score
Get the complete analysis for TPE:1776
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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