Microelectronics Technology (TPE:2314) Earnings Yield (Joel Greenblatt) %: -13.49% (As of Jun. 2026)

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TPE:2314 Microelectronics Technology Inc TPE:2314
46 GF Score
Price NT$10.50
GF Value NT$55.28
Valuation Possible Value Trap
! 4 Warning Signs
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What is Microelectronics Technology Earnings Yield (Joel Greenblatt) %?

Microelectronics Technology TPE:2314 -4.55% 46 Earnings Yield (Joel Greenblatt) % is -13.49% as of Jun. 2026. GuruFocus rates TPE:2314 with a GF Score™ of 46/100 and a GF Value™ of NT$55.28 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Microelectronics Technology ranks worse than 92.73% on this metric.

Microelectronics Technology's Enterprise Value for the quarter that ended in Jun. 2026 was NT$3,190 Mil. Microelectronics Technology's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-430 Mil. Microelectronics Technology's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -13.49%.

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

TPE:2314' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.93   Med: -1.89   Max: 6.86
Current: -16

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Microelectronics Technology was 6.86%. The lowest was -36.93%. And the median was -1.89%.

TPE:2314's Earnings Yield (Joel Greenblatt) % is ranked worse than
92.73% of 2491 companies
in the Hardware industry
Industry Median: 2.59 vs TPE:2314: -16.00

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) %. Microelectronics Technology's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -6.00%. 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.


Microelectronics Technology  (TPE:2314) 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.


Microelectronics Technology Earnings Yield (Joel Greenblatt) % Related Terms


Microelectronics Technology Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Microelectronics Technology'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.

Microelectronics Technology Earnings Yield (Joel Greenblatt) % Chart

Microelectronics Technology 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 -2.22 -3.80 -4.45 -8.99 -7.87

Microelectronics Technology 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 -23.87 -22.29 -7.87 -12.75 -13.49

TPE:2314 vs CSCO, MSI, LITE: Earnings Yield (Joel Greenblatt) % Comparison

For the Communication Equipment subindustry, Microelectronics Technology'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.


Microelectronics Technology Earnings Yield (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Microelectronics Technology's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Microelectronics Technology's Earnings Yield (Joel Greenblatt) % falls into.


TPE:2314
46GF Score
Microelectronics Technology Inc TPE:2314
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microelectronics Technology 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.

Microelectronics Technologys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-572.173/7266.9714475111
=-7.87 %

Microelectronics Technology'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$-430 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -13.49% mean?
Microelectronics Technology (TPE:2314) has a Earnings Yield (Joel Greenblatt) % of -13.49% 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 Microelectronics Technology and its competitors. According to the industry distribution chart, Microelectronics Technology ranks #2310 out of 2491 companies in the Hardware industry, placing it in the top 92.7%.
Is Microelectronics Technology's Earnings Yield (Joel Greenblatt) % too high?
Microelectronics Technology's current Earnings Yield (Joel Greenblatt) % is -13.49%. Based on the distribution chart, Microelectronics Technology ranks #2310 out of 2491 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Microelectronics Technology has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microelectronics Technology's Earnings Yield (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Microelectronics Technology ranks #2310 out of 2491 companies for Earnings Yield (Joel Greenblatt) %. This places Microelectronics Technology in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.59. 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.59, based on 2,491 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 Microelectronics Technology and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microelectronics Technology's current Earnings Yield (Joel Greenblatt) % is -13.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microelectronics Technology stock overvalued right now?
Based on GuruFocus' analysis, Microelectronics Technology (TPE:2314) is currently considered Possible Value Trap. The stock's GF Value™ is NT$55.28, compared to a current price of NT$10.50 — trading 81% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -13.49%. Microelectronics Technology's overall GF Score™ is 46/100 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 Microelectronics Technology (TPE:2314), the current Earnings Yield (Joel Greenblatt) % is -13.49% 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 Microelectronics Technology (TPE:2314) Overvalued in 2026?

Based on GuruFocus' analysis, Microelectronics Technology stock appears to be undervalued. The current stock price of NT$10.50 is trading 81% below its estimated GF Value™ of NT$55.28. GuruFocus considers Microelectronics Technology to be Possible Value Trap.

Key valuation signals for TPE:2314:

  • Earnings Yield (Joel Greenblatt) %: -13.49%
  • GF Value™: NT$55.28 vs. price of NT$10.50 (81% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the TPE:2314 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microelectronics Technology Business Description

Address No 1, Innovation Road II, Hsinchu Science Park, Hsinchu, TWN, 300
Microelectronics Technology Inc is engaged in the design, manufacture and sales of terrestrial microwave, satellite communication system products, and related customized products. The company's products include Satellite Broadband TV, Microwave Radio Blackhaul, mobile products, and RFID, among others. The company operates in the United States, Mainland China, and other areas.
46GF Score

Get the complete analysis for TPE:2314

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

NT$10.50
Price
NT$55.28
GF Value