Space Shuttle Hi-Tech Co (TPE:2440) Earnings Yield (Joel Greenblatt) %: 2.48% (As of Jun. 2026) — 95% Above Median

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TPE:2440 Space Shuttle Hi-Tech Co Ltd TPE:2440
76 GF Score
Price NT$13.95
GF Value NT$17.71
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Space Shuttle Hi-Tech Co Earnings Yield (Joel Greenblatt) %?

Space Shuttle Hi-Tech Co TPE:2440 -0.71% 76 Earnings Yield (Joel Greenblatt) % is 2.48% as of Jun. 2026, which is 95% above its 10-year median of 1.27. GuruFocus rates TPE:2440 with a GF Score™ of 76/100 and a GF Value™ of NT$17.71 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 3,101 Industrial Products companies, Space Shuttle Hi-Tech Co ranks worse than 54.5% on this metric.

Space Shuttle Hi-Tech Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,786 Mil. Space Shuttle Hi-Tech Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$69 Mil. Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.48%.

The historical rank and industry rank for Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TPE:2440' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.8   Med: 1.27   Max: 16.14
Current: 2.88

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Space Shuttle Hi-Tech Co was 16.14%. The lowest was -4.80%. And the median was 1.27%.

TPE:2440's Earnings Yield (Joel Greenblatt) % is ranked worse than
54.5% of 3101 companies
in the Industrial Products industry
Industry Median: 3.58 vs TPE:2440: 2.88

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) %. Space Shuttle Hi-Tech Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.


Space Shuttle Hi-Tech Co  (TPE:2440) 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.


Space Shuttle Hi-Tech Co Earnings Yield (Joel Greenblatt) % Related Terms


Space Shuttle Hi-Tech Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Earnings Yield (Joel Greenblatt) % Chart

Space Shuttle Hi-Tech 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 5.70 1.78 -4.67 -0.27 0.49

Space Shuttle Hi-Tech 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 -1.32 -1.47 0.49 1.42 2.48

TPE:2440 vs VRT, BE: Earnings Yield (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Space Shuttle Hi-Tech 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.


Space Shuttle Hi-Tech Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) % falls into.


TPE:2440
76GF Score
Space Shuttle Hi-Tech Co Ltd TPE:2440
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=13.345/2717.3802
=0.49 %

Space Shuttle Hi-Tech 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$69 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.48% mean?
Space Shuttle Hi-Tech Co (TPE:2440) has a Earnings Yield (Joel Greenblatt) % of 2.48% 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 Space Shuttle Hi-Tech Co and its competitors. This is 95% above median its historical median of 1.27. According to the industry distribution chart, Space Shuttle Hi-Tech Co ranks #1690 out of 3101 companies in the Industrial Products industry, placing it in the top 54.5%.
Is Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) % too high?
Space Shuttle Hi-Tech Co's current Earnings Yield (Joel Greenblatt) % of 2.48% is 95% above median its 10-year median of 1.27. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.58. Space Shuttle Hi-Tech Co's value of 2.48% is 30.7% below this industry median. Based on the distribution chart, Space Shuttle Hi-Tech Co ranks #1690 out of 3101 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Space Shuttle Hi-Tech Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space Shuttle Hi-Tech Co's Earnings Yield (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Space Shuttle Hi-Tech Co ranks #1690 out of 3101 companies for Earnings Yield (Joel Greenblatt) %. This places Space Shuttle Hi-Tech Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.58. Space Shuttle Hi-Tech Co's value of 2.48% is 30.7% below this benchmark. While the company's 10-year median is 1.27 vs. the industry median of 3.58, Space Shuttle Hi-Tech 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.58, based on 3,101 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. Space Shuttle Hi-Tech Co's current Earnings Yield (Joel Greenblatt) % of 2.48% is 30.7% 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 Space Shuttle Hi-Tech Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Shuttle Hi-Tech Co's current Earnings Yield (Joel Greenblatt) % is 2.48%, which is 95% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Shuttle Hi-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co (TPE:2440) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.71, compared to a current price of NT$13.95 — trading 21.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.48%, which is 95% above median its 10-year median of 1.27 and 30.7% below the Industrial Products industry median of 3.58. Space Shuttle Hi-Tech Co's overall GF Score™ is 76/100 with 7 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 Space Shuttle Hi-Tech Co (TPE:2440), the current Earnings Yield (Joel Greenblatt) % is 2.48% 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 Space Shuttle Hi-Tech Co (TPE:2440) Overvalued in 2026?

Based on GuruFocus' analysis, Space Shuttle Hi-Tech Co stock appears to be undervalued. The current stock price of NT$13.95 is trading 21.2% below its estimated GF Value™ of NT$17.71. GuruFocus considers Space Shuttle Hi-Tech Co to be Modestly Undervalued.

Key valuation signals for TPE:2440:

  • Earnings Yield (Joel Greenblatt) %: 2.48% (95% above median its 10-year median of 1.27)
  • GF Value™: NT$17.71 vs. price of NT$13.95 (21.2% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 30.7% below the Industrial Products median (#1690 of 3101)

No single metric tells the full story. See the TPE:2440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Shuttle Hi-Tech Co Business Description

Address Huanke 1ST Road, 9th floor-2, Number 23, Hsinchu County, Zhubei, TWN
Space Shuttle Hi-Tech Co Ltd is engaged in the reprocessing of copper and the manufacturing and sales of information transmission cables. The company generates the majority of its revenues from the re-processing and re-manufacturing of various copper materials, the production and sales of information transmission wires, and the manufacturing and sales of related products. The company mainly operates in Asia, hence all the revenue come from Asia itself.
76GF Score

Get the complete analysis for TPE:2440

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

NT$13.95
Price
NT$17.71
GF Value