Iron Force Industrial Co (TPE:2228) Earnings Yield (Joel Greenblatt) %: 8.68% (As of Jun. 2026) — 14% Below Median

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TPE:2228 Iron Force Industrial Co Ltd TPE:2228
90 GF Score
Price NT$74.90
GF Value NT$90.74
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Iron Force Industrial Co Earnings Yield (Joel Greenblatt) %?

Iron Force Industrial Co TPE:2228 +0.40% 90 Earnings Yield (Joel Greenblatt) % is 8.68% as of Jun. 2026, which is 14% below its 10-year median of 10.09. GuruFocus rates TPE:2228 with a GF Score™ of 90/100 and a GF Value™ of NT$90.74 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,342 Vehicles & Parts companies, Iron Force Industrial Co ranks better than 71.16% on this metric.

Iron Force Industrial Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$5,448 Mil. Iron Force Industrial Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$473 Mil. Iron Force Industrial Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.68%.

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

TPE:2228' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.39   Med: 10.09   Max: 21.4
Current: 10.4

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Iron Force Industrial Co was 21.40%. The lowest was 3.39%. And the median was 10.09%.

TPE:2228's Earnings Yield (Joel Greenblatt) % is ranked better than
71.16% of 1342 companies
in the Vehicles & Parts industry
Industry Median: 5.89 vs TPE:2228: 10.40

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) %. Iron Force Industrial Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 16.70%. 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.


Iron Force Industrial Co  (TPE:2228) 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.


Iron Force Industrial Co Earnings Yield (Joel Greenblatt) % Related Terms


Iron Force Industrial Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Iron Force 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.

Iron Force Industrial Co Earnings Yield (Joel Greenblatt) % Chart

Iron Force 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 5.18 13.37 12.58 12.15 7.93

Iron Force 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 12.99 9.75 7.93 8.10 8.68

TPE:2228 vs ORLY, AZO, GPC: Earnings Yield (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Iron Force 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.


Iron Force Industrial Co Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry

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

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


TPE:2228
90GF Score
Iron Force Industrial Co Ltd TPE:2228
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Force 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.

Iron Force 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
=611.932/7714.063
=7.93 %

Iron Force 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$473 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 8.68% mean?
Iron Force Industrial Co (TPE:2228) has a Earnings Yield (Joel Greenblatt) % of 8.68% 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 Iron Force Industrial Co and its competitors. This is 14% below median its historical median of 10.09. Over the past decade, Iron Force Industrial Co's Earnings Yield (Joel Greenblatt) % has ranged from 3.39 to 21.40. According to the industry distribution chart, Iron Force Industrial Co ranks #387 out of 1342 companies in the Vehicles & Parts industry, placing it in the top 28.8%.
Is Iron Force Industrial Co's Earnings Yield (Joel Greenblatt) % too high?
Iron Force Industrial Co's current Earnings Yield (Joel Greenblatt) % of 8.68% is 14% below median its 10-year median of 10.09. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 21.40. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 5.89. Iron Force Industrial Co's value of 8.68% is 47.4% above this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #387 out of 1342 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Iron Force Industrial Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Earnings Yield (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #387 out of 1342 companies for Earnings Yield (Joel Greenblatt) %. This puts Iron Force Industrial Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.89. Iron Force Industrial Co's value of 8.68% is 47.4% above this benchmark. Historically, Iron Force Industrial Co's own Earnings Yield (Joel Greenblatt) % has ranged from 3.39 to 21.40 over the past decade. While the company's 10-year median is 10.09 vs. the industry median of 5.89, Iron Force 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 5.89, based on 1,342 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. Iron Force Industrial Co's current Earnings Yield (Joel Greenblatt) % of 8.68% is 47.4% 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 Iron Force Industrial Co and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Force Industrial Co's current Earnings Yield (Joel Greenblatt) % is 8.68%, which is 14% below median its own 10-year median of 10.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$90.74, compared to a current price of NT$74.90 — trading 17.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.68%, which is 14% below median its 10-year median of 10.09 and 47.4% above the Vehicles & Parts industry median of 5.89. Iron Force Industrial Co's overall GF Score™ is 90/100 with 2 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 Iron Force Industrial Co (TPE:2228), the current Earnings Yield (Joel Greenblatt) % is 8.68% 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued. The current stock price of NT$74.90 is trading 17.5% below its estimated GF Value™ of NT$90.74. GuruFocus considers Iron Force Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2228:

  • Earnings Yield (Joel Greenblatt) %: 8.68% (14% below median its 10-year median of 10.09)
  • GF Value™: NT$90.74 vs. price of NT$74.90 (17.5% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 47.4% above the Vehicles & Parts median (#387 of 1342)

No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Force Industrial Co Business Description

Address Xintai 5th Road, Section 1, 19 Floor, No. 98, Xizhi District, New Taipei City, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
90GF Score

Get the complete analysis for TPE:2228

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

NT$74.90
Price
NT$90.74
GF Value