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Yuen Chang Stainless Steel CoTPE:2069 +0.24%71 Earnings Yield (Joel Greenblatt) % is 8.22% as of Jun. 2026, which is 48% above its 10-year median of 5.57. GuruFocus rates TPE:2069 with a GF Score™ of 71/100 and a GF Value™ of NT$14.38 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 631 Steel companies, Yuen Chang Stainless Steel Co ranks better than 61.49% on this metric.
Yuen Chang Stainless Steel Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$7,519 Mil.
Yuen Chang Stainless Steel Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$619 Mil. Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.22%.
The historical rank and industry rank for Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:2069'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.15 Med: 5.57 Max: 18.2
Current: 7.79
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Yuen Chang Stainless Steel Co was 18.20%. The lowest was -2.15%. And the median was 5.57%.
TPE:2069's Earnings Yield (Joel Greenblatt) % is ranked better than 61.49% of 631
companies
in the Steel industry
Industry Median: 5.68
vs TPE:2069: 7.79
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) %. Yuen Chang Stainless Steel Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -0.78%. 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.
* 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.
For the Steel subindustry, Yuen Chang Stainless 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.
Yuen Chang Stainless Steel Co Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Yuen Chang Stainless Steel Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Yuen Chang Stainless Steel 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$619 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.22% mean?
Yuen Chang Stainless Steel Co (TPE:2069) has a Earnings Yield (Joel Greenblatt) % of 8.22% 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 Yuen Chang Stainless Steel Co and its competitors. This is 48% above median its historical median of 5.57. According to the industry distribution chart, Yuen Chang Stainless Steel Co ranks #243 out of 631 companies in the Steel industry, placing it in the top 38.5%.
Is Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) % too high?
Yuen Chang Stainless Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.22% is 48% above median its 10-year median of 5.57. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.68. Yuen Chang Stainless Steel Co's value of 8.22% is 44.7% above this industry median. Based on the distribution chart, Yuen Chang Stainless Steel Co ranks #243 out of 631 companies in the Steel industry, which is above the industry midpoint. Overall, Yuen Chang Stainless Steel Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuen Chang Stainless Steel Co's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Yuen Chang Stainless Steel Co ranks #243 out of 631 companies for Earnings Yield (Joel Greenblatt) %. This puts Yuen Chang Stainless Steel Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.68. Yuen Chang Stainless Steel Co's value of 8.22% is 44.7% above this benchmark. While the company's 10-year median is 5.57 vs. the industry median of 5.68, Yuen Chang Stainless 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 5.68, 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. Yuen Chang Stainless Steel Co's current Earnings Yield (Joel Greenblatt) % of 8.22% is 44.7% 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 Yuen Chang Stainless Steel Co and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yuen Chang Stainless Steel Co's current Earnings Yield (Joel Greenblatt) % is 8.22%, which is 48% above median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuen Chang Stainless Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co (TPE:2069) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.38, compared to a current price of NT$21.00 — trading 46% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.22%, which is 48% above median its 10-year median of 5.57 and 44.7% above the Steel industry median of 5.68. Yuen Chang Stainless Steel Co's overall GF Score™ is 71/100 with 8 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 Yuen Chang Stainless Steel Co (TPE:2069), the current Earnings Yield (Joel Greenblatt) % is 8.22% 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 Yuen Chang Stainless Steel Co (TPE:2069) Overvalued in 2026?
Based on GuruFocus' analysis, Yuen Chang Stainless Steel Co stock appears to be overvalued.
The current stock price of NT$21.00 is trading 46% above its estimated GF Value™ of NT$14.38.
GuruFocus considers Yuen Chang Stainless Steel Co to be Significantly Overvalued.
Key valuation signals for TPE:2069:
Earnings Yield (Joel Greenblatt) %: 8.22% (48% above median its 10-year median of 5.57)
GF Value™: NT$14.38 vs. price of NT$21.00 (46% above fair value)
Industry Position: 44.7% above the Steel median (#243 of 631)
No single metric tells the full story. See the TPE:2069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yuen Chang Stainless Steel Co Ltd specializes in stainless steel processing and manufacturing. The company, together with its subsidiaries, is mainly involved in stainless steel shearing, splitting, surface finishing, processing, trading, and the import and export of stainless steel products. Geographically, it derives maximum revenue from Asia (excluding Taiwan), followed by the Americas, Taiwan, and other regions.
71GF Score
Get the complete analysis for TPE:2069
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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