Micro-Star International Co (TPE:2377) Earnings Yield (Joel Greenblatt) %: 11.29% (As of Jun. 2026) — 13% Above Median

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TPE:2377 Micro-Star International Co Ltd TPE:2377
88 GF Score
Price NT$161.50
GF Value NT$190.29
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Micro-Star International Co Earnings Yield (Joel Greenblatt) %?

Micro-Star International Co TPE:2377 +7.31% 88 Earnings Yield (Joel Greenblatt) % is 11.29% as of Jun. 2026, which is 13% above its 10-year median of 9.97. GuruFocus rates TPE:2377 with a GF Score™ of 88/100 and a GF Value™ of NT$190.29 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,490 Hardware companies, Micro-Star International Co ranks better than 80.96% on this metric.

Micro-Star International Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$104,410 Mil. Micro-Star International Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$11,790 Mil. Micro-Star International Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 11.29%.

The historical rank and industry rank for Micro-Star International Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TPE:2377' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.72   Med: 9.97   Max: 26.23
Current: 10.03

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Micro-Star International Co was 26.23%. The lowest was 5.72%. And the median was 9.97%.

TPE:2377's Earnings Yield (Joel Greenblatt) % is ranked better than
80.96% of 2490 companies
in the Hardware industry
Industry Median: 2.71 vs TPE:2377: 10.03

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) %. Micro-Star International Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -11.89%. 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.


Micro-Star International Co  (TPE:2377) 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.


Micro-Star International Co Earnings Yield (Joel Greenblatt) % Related Terms


Micro-Star International Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Micro-Star 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.

Micro-Star International Co Earnings Yield (Joel Greenblatt) % Chart

Micro-Star International 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 18.08 16.69 6.26 6.50 11.40

Micro-Star International 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 6.13 7.32 11.40 20.49 11.29

TPE:2377 vs DELL, ANET, SNDK: Earnings Yield (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, Micro-Star 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.


Micro-Star International Co Earnings Yield (Joel Greenblatt) % vs Hardware Industry

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

* The bar in red indicates where Micro-Star International Co's Earnings Yield (Joel Greenblatt) % falls into.


TPE:2377
88GF Score
Micro-Star International Co Ltd TPE:2377
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro-Star 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.

Micro-Star International Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=7159.581/62228.2856
=11.51 %

Micro-Star 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$11,790 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 11.29% mean?
Micro-Star International Co (TPE:2377) has a Earnings Yield (Joel Greenblatt) % of 11.29% 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 Micro-Star International Co and its competitors. This is 13% above median its historical median of 9.97. Over the past decade, Micro-Star International Co's Earnings Yield (Joel Greenblatt) % has ranged from 5.72 to 26.23. According to the industry distribution chart, Micro-Star International Co ranks #474 out of 2490 companies in the Hardware industry, placing it in the top 19%.
Is Micro-Star International Co's Earnings Yield (Joel Greenblatt) % too high?
Micro-Star International Co's current Earnings Yield (Joel Greenblatt) % of 11.29% is 13% above median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 26.23. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.71. Micro-Star International Co's value of 11.29% is 316.6% above this industry median. Based on the distribution chart, Micro-Star International Co ranks #474 out of 2490 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Micro-Star International Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Earnings Yield (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Micro-Star International Co ranks #474 out of 2490 companies for Earnings Yield (Joel Greenblatt) %. This places Micro-Star International Co in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.71. Micro-Star International Co's value of 11.29% is 316.6% above this benchmark. Historically, Micro-Star International Co's own Earnings Yield (Joel Greenblatt) % has ranged from 5.72 to 26.23 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 2.71, Micro-Star International 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.71, based on 2,490 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. Micro-Star International Co's current Earnings Yield (Joel Greenblatt) % of 11.29% is 316.6% 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 Micro-Star International Co and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro-Star International Co's current Earnings Yield (Joel Greenblatt) % is 11.29%, which is 13% above median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$190.29, compared to a current price of NT$161.50 — trading 15.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 11.29%, which is 13% above median its 10-year median of 9.97 and 316.6% above the Hardware industry median of 2.71. Micro-Star International Co's overall GF Score™ is 88/100 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 Micro-Star International Co (TPE:2377), the current Earnings Yield (Joel Greenblatt) % is 11.29% 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?

Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued. The current stock price of NT$161.50 is trading 15.1% below its estimated GF Value™ of NT$190.29. GuruFocus considers Micro-Star International Co to be Modestly Undervalued.

Key valuation signals for TPE:2377:

  • Earnings Yield (Joel Greenblatt) %: 11.29% (13% above median its 10-year median of 9.97)
  • GF Value™: NT$190.29 vs. price of NT$161.50 (15.1% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 316.6% above the Hardware median (#474 of 2490)

No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro-Star International Co Business Description

Address No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
88GF Score

Get the complete analysis for TPE:2377

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

NT$161.50
Price
NT$190.29
GF Value