Taiwan Navigation Co (TPE:2617) Earnings Yield (Joel Greenblatt) %: 12.90% (As of Jun. 2026) — 29% Above Median

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TPE:2617 Taiwan Navigation Co Ltd TPE:2617
91 GF Score
Price NT$32.95
GF Value NT$34.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Navigation Co Earnings Yield (Joel Greenblatt) %?

Taiwan Navigation Co TPE:2617 -0.45% 91 Earnings Yield (Joel Greenblatt) % is 12.90% as of Jun. 2026, which is 29% above its 10-year median of 9.97. GuruFocus rates TPE:2617 with a GF Score™ of 91/100 and a GF Value™ of NT$34.71 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,035 Transportation companies, Taiwan Navigation Co ranks better than 75.65% on this metric.

Taiwan Navigation Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$16,771 Mil. Taiwan Navigation Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2,163 Mil. Taiwan Navigation Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 12.90%.

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

TPE:2617' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.42   Med: 9.97   Max: 18.53
Current: 12.05

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Taiwan Navigation Co was 18.53%. The lowest was -0.42%. And the median was 9.97%.

TPE:2617's Earnings Yield (Joel Greenblatt) % is ranked better than
75.65% of 1035 companies
in the Transportation industry
Industry Median: 6.56 vs TPE:2617: 12.05

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) %. Taiwan Navigation Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 4.61%. 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.


Taiwan Navigation Co  (TPE:2617) 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.


Taiwan Navigation Co Earnings Yield (Joel Greenblatt) % Related Terms


Taiwan Navigation Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Taiwan Navigation 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.

Taiwan Navigation Co Earnings Yield (Joel Greenblatt) % Chart

Taiwan Navigation 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 9.48 16.11 13.45 11.20 12.07

Taiwan Navigation 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 11.90 12.50 12.06 12.32 12.90

Taiwan Navigation Co Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Taiwan Navigation 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.


Taiwan Navigation Co Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan Navigation Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


TPE:2617
91GF Score
Taiwan Navigation Co Ltd TPE:2617
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Navigation 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.

Taiwan Navigation Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1922.869/15926.094
=12.07 %

Taiwan Navigation 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$2,163 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 12.90% mean?
Taiwan Navigation Co (TPE:2617) has a Earnings Yield (Joel Greenblatt) % of 12.90% 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 Taiwan Navigation Co and its competitors. This is 29% above median its historical median of 9.97. According to the industry distribution chart, Taiwan Navigation Co ranks #252 out of 1035 companies in the Transportation industry, placing it in the top 24.3%.
Is Taiwan Navigation Co's Earnings Yield (Joel Greenblatt) % too high?
Taiwan Navigation Co's current Earnings Yield (Joel Greenblatt) % of 12.90% is 29% above median its 10-year median of 9.97. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.56. Taiwan Navigation Co's value of 12.90% is 96.6% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #252 out of 1035 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Navigation Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #252 out of 1035 companies for Earnings Yield (Joel Greenblatt) %. This places Taiwan Navigation Co in the top 24% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.56. Taiwan Navigation Co's value of 12.90% is 96.6% above this benchmark. While the company's 10-year median is 9.97 vs. the industry median of 6.56, Taiwan Navigation 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.56, based on 1,035 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. Taiwan Navigation Co's current Earnings Yield (Joel Greenblatt) % of 12.90% is 96.6% 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 Taiwan Navigation Co and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Navigation Co's current Earnings Yield (Joel Greenblatt) % is 12.90%, which is 29% 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 Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Fairly Valued. The stock's GF Value™ is NT$34.71, compared to a current price of NT$32.95 — trading 5.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.90%, which is 29% above median its 10-year median of 9.97 and 96.6% above the Transportation industry median of 6.56. Taiwan Navigation Co's overall GF Score™ is 91/100 with 5 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 Taiwan Navigation Co (TPE:2617), the current Earnings Yield (Joel Greenblatt) % is 12.90% 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued. The current stock price of NT$32.95 is trading 5.1% below its estimated GF Value™ of NT$34.71. GuruFocus considers Taiwan Navigation Co to be Fairly Valued.

Key valuation signals for TPE:2617:

  • Earnings Yield (Joel Greenblatt) %: 12.90% (29% above median its 10-year median of 9.97)
  • GF Value™: NT$34.71 vs. price of NT$32.95 (5.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 96.6% above the Transportation median (#252 of 1035)

No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Navigation Co Business Description

Address Jinan Road, No. 29, Section 2, 2-6 Floor, Zhongzheng District, Taipei, TWN, 100023
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
91GF Score

Get the complete analysis for TPE:2617

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

NT$32.95
Price
NT$34.71
GF Value