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Hiyes International CoTPE:2348 -1.40%80 Earnings Yield (Joel Greenblatt) % is 4.00% as of Jun. 2026, which is 54% below its 10-year median of 8.78. GuruFocus rates TPE:2348 with a GF Score™ of 80/100 and a GF Value™ of NT$100.36 (Possible Value Trap). The stock has 12 warning signs investors should review. Among 1,825 Real Estate companies, Hiyes International Co ranks worse than 54.58% on this metric.
Hiyes International Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$42,162 Mil.
Hiyes International Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,687 Mil. Hiyes International Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.00%.
The historical rank and industry rank for Hiyes International Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:2348'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.19 Med: 8.78 Max: 16.82
Current: 3.98
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Hiyes International Co was 16.82%. The lowest was 1.19%. And the median was 8.78%.
TPE:2348's Earnings Yield (Joel Greenblatt) % is ranked worse than 54.58% of 1825
companies
in the Real Estate industry
Industry Median: 4.97
vs TPE:2348: 3.98
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) %. Hiyes International Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -18.02%. 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.
Hiyes International Co (TPE:2348) 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.
Hiyes International Co Earnings Yield (Joel Greenblatt) % Related Terms
Hiyes International Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Hiyes International 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.
Hiyes International Co Earnings Yield (Joel Greenblatt) % Chart
For the Real Estate Services subindustry, Hiyes International 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.
Hiyes International Co Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hiyes International Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hiyes International Co's Earnings Yield (Joel Greenblatt) % falls into.
Hiyes International 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.
Hiyes International Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Hiyes International 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$1,687 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.00% mean?
Hiyes International Co (TPE:2348) has a Earnings Yield (Joel Greenblatt) % of 4.00% 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 Hiyes International Co and its competitors. This is 54% below median its historical median of 8.78. Over the past decade, Hiyes International Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.19 to 16.82. According to the industry distribution chart, Hiyes International Co ranks #996 out of 1825 companies in the Real Estate industry, placing it in the top 54.6%.
Is Hiyes International Co's Earnings Yield (Joel Greenblatt) % too high?
Hiyes International Co's current Earnings Yield (Joel Greenblatt) % of 4.00% is 54% below median its 10-year median of 8.78. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 16.82. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.97. Hiyes International Co's value of 4.00% is 19.5% below this industry median. Based on the distribution chart, Hiyes International Co ranks #996 out of 1825 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hiyes International Co has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Earnings Yield (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hiyes International Co ranks #996 out of 1825 companies for Earnings Yield (Joel Greenblatt) %. This places Hiyes International Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.97. Hiyes International Co's value of 4.00% is 19.5% below this benchmark. Historically, Hiyes International Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.19 to 16.82 over the past decade. While the company's 10-year median is 8.78 vs. the industry median of 4.97, Hiyes International Co has consistently been below 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 Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.97, based on 1,825 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. Hiyes International Co's current Earnings Yield (Joel Greenblatt) % of 4.00% is 19.5% below 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 Hiyes International Co and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiyes International Co's current Earnings Yield (Joel Greenblatt) % is 4.00%, which is 54% below median its own 10-year median of 8.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$100.36, compared to a current price of NT$70.30 — trading 30% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.00%, which is 54% below median its 10-year median of 8.78 and 19.5% below the Real Estate industry median of 4.97. Hiyes International Co's overall GF Score™ is 80/100 with 12 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 Hiyes International Co (TPE:2348), the current Earnings Yield (Joel Greenblatt) % is 4.00% 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 Hiyes International Co (TPE:2348) Overvalued in 2026?
Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued.
The current stock price of NT$70.30 is trading 30% below its estimated GF Value™ of NT$100.36.
GuruFocus considers Hiyes International Co to be Possible Value Trap.
Key valuation signals for TPE:2348:
Earnings Yield (Joel Greenblatt) %: 4.00% (54% below median its 10-year median of 8.78)
GF Value™: NT$100.36 vs. price of NT$70.30 (30% below fair value)
Industry Position: 19.5% below the Real Estate median (#996 of 1825)
No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
80GF Score
Get the complete analysis for TPE:2348
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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