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China Steel's Enterprise Value for the quarter that ended in Mar. 2026 was NT$540,384 Mil.
China Steel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-1,734 Mil. China Steel's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -0.32%.
The historical rank and industry rank for China Steel's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:2002'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.33 Med: 2.77 Max: 13.86
Current: -0.32
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of China Steel was 13.86%. The lowest was -0.33%. And the median was 2.77%.
TPE:2002's Earnings Yield (Joel Greenblatt) % is ranked worse than 78.1% of 630
companies
in the Steel industry
Industry Median: 5.015
vs TPE:2002: -0.32
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) %. China Steel's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -16.55%. 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.
China Steel (TPE:2002) 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.
China Steel Earnings Yield (Joel Greenblatt) % Related Terms
China Steel Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for China Steel'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.
China Steel Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, China Steel'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.
China Steel Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, China Steel's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where China Steel's Earnings Yield (Joel Greenblatt) % falls into.
China Steel 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.
China Steels Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
China Steel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,734 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -0.32% mean?
China Steel (TPE:2002) has a Earnings Yield (Joel Greenblatt) % of -0.32% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on China Steel and its competitors. According to the industry distribution chart, China Steel ranks #492 out of 630 companies in the Steel industry, placing it in the top 78.1%.
Is China Steel's Earnings Yield (Joel Greenblatt) % too high?
China Steel's current Earnings Yield (Joel Greenblatt) % is -0.32%. Based on the distribution chart, China Steel ranks #492 out of 630 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, China Steel has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #492 out of 630 companies for Earnings Yield (Joel Greenblatt) %. This places China Steel in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.02. 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.02, based on 630 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. 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 China Steel and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Earnings Yield (Joel Greenblatt) % is -0.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.18, compared to a current price of NT$19.15 — trading 5.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -0.32%. China Steel's overall GF Score™ is 65/100 with 9 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 China Steel (TPE:2002), the current Earnings Yield (Joel Greenblatt) % is -0.32% as of Mar. 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 China Steel (TPE:2002) Overvalued in 2026?
Based on GuruFocus' analysis, China Steel stock appears to be undervalued.
The current stock price of NT$19.15 is trading 5.1% below its estimated GF Value™ of NT$20.18.
GuruFocus considers China Steel to be Fairly Valued.
Key valuation signals for TPE:2002:
Earnings Yield (Joel Greenblatt) %: -0.32%
GF Value™: NT$20.18 vs. price of NT$19.15 (5.1% below fair value)
No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
65GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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