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Feng Hsin Steel CoTPE:2015 -1.89%78 Earnings Yield (Joel Greenblatt) % is 8.99% as of Mar. 2026, which is 1% above its 10-year median of 8.93. GuruFocus rates TPE:2015 with a GF Score™ of 78/100 and a GF Value™ of NT$56.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 631 Steel companies, Feng Hsin Steel Co ranks better than 69.73% on this metric.
Feng Hsin Steel Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$31,399 Mil.
Feng Hsin Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$2,825 Mil. Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.99%.
The historical rank and industry rank for Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:2015'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6 Med: 8.93 Max: 13.9
Current: 8.83
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Feng Hsin Steel Co was 13.90%. The lowest was 6.00%. And the median was 8.93%.
TPE:2015's Earnings Yield (Joel Greenblatt) % is ranked better than 69.73% of 631
companies
in the Steel industry
Industry Median: 5.41
vs TPE:2015: 8.83
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) %. Feng Hsin Steel Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -1.61%. 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.
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.
Feng Hsin Steel Co Earnings Yield (Joel Greenblatt) % Related Terms
Feng Hsin Steel Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Feng Hsin Steel 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.
Feng Hsin Steel Co Earnings Yield (Joel Greenblatt) % Chart
For the Steel subindustry, Feng Hsin Steel 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.
Feng Hsin Steel Co Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % falls into.
Feng Hsin Steel 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.
Feng Hsin Steel Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Feng Hsin Steel Co'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$2,825 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.99% mean?
Feng Hsin Steel Co (TPE:2015) has a Earnings Yield (Joel Greenblatt) % of 8.99% 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 Feng Hsin Steel Co and its competitors. This is near median its historical median of 8.93. Over the past decade, Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % has ranged from 6.00 to 13.90. According to the industry distribution chart, Feng Hsin Steel Co ranks #191 out of 631 companies in the Steel industry, placing it in the top 30.3%.
Is Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % too high?
Feng Hsin Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.99% is near median its 10-year median of 8.93. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 13.90. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.41. Feng Hsin Steel Co's value of 8.99% is 66.2% above this industry median. Based on the distribution chart, Feng Hsin Steel Co ranks #191 out of 631 companies in the Steel industry, which is above the industry midpoint. Overall, Feng Hsin Steel Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Feng Hsin Steel Co ranks #191 out of 631 companies for Earnings Yield (Joel Greenblatt) %. This puts Feng Hsin Steel Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.41. Feng Hsin Steel Co's value of 8.99% is 66.2% above this benchmark. Historically, Feng Hsin Steel Co's own Earnings Yield (Joel Greenblatt) % has ranged from 6.00 to 13.90 over the past decade. While the company's 10-year median is 8.93 vs. the industry median of 5.41, Feng Hsin Steel 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.41, based on 631 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. Feng Hsin Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.99% is 66.2% 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 Feng Hsin Steel Co and its competitors. For the Steel 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. Feng Hsin Steel Co's current Earnings Yield (Joel Greenblatt) % is 8.99%, which is near median its own 10-year median of 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Fairly Valued. The stock's GF Value™ is NT$56.74, compared to a current price of NT$62.40 — trading 10% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.99%, which is near median its 10-year median of 8.93 and 66.2% above the Steel industry median of 5.41. Feng Hsin Steel Co's overall GF Score™ is 78/100 with 4 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 Feng Hsin Steel Co (TPE:2015), the current Earnings Yield (Joel Greenblatt) % is 8.99% 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 Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?
Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued.
The current stock price of NT$62.40 is trading 10% above its estimated GF Value™ of NT$56.74.
GuruFocus considers Feng Hsin Steel Co to be Fairly Valued.
Key valuation signals for TPE:2015:
Earnings Yield (Joel Greenblatt) %: 8.99% (near median its 10-year median of 8.93)
GF Value™: NT$56.74 vs. price of NT$62.40 (10% above fair value)
Industry Position: 66.2% above the Steel median (#191 of 631)
No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
78GF 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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