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Far Eastern Department StoresTPE:2903 77 Earnings Yield (Joel Greenblatt) % is 5.56% as of Jun. 2026, which is 2% above its 10-year median of 5.47. GuruFocus rates TPE:2903 with a GF Score™ of 77/100 and a GF Value™ of NT$22.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Far Eastern Department Stores ranks better than 50.27% on this metric.
Far Eastern Department Stores's Enterprise Value for the quarter that ended in Jun. 2026 was NT$82,825 Mil.
Far Eastern Department Stores's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$4,606 Mil. Far Eastern Department Stores's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 5.56%.
The historical rank and industry rank for Far Eastern Department Stores's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:2903'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.37 Med: 5.47 Max: 8.53
Current: 5.63
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Far Eastern Department Stores was 8.53%. The lowest was 3.37%. And the median was 5.47%.
TPE:2903's Earnings Yield (Joel Greenblatt) % is ranked better than 50.27% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 5.59
vs TPE:2903: 5.63
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) %. Far Eastern Department Stores's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 25.98%. 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.
Far Eastern Department Stores (TPE:2903) 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.
* 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.
Far Eastern Department Stores Earnings Yield (Joel Greenblatt) % Chart
TPE:2903 vs DDS: Earnings Yield (Joel Greenblatt) % Comparison
For the Department Stores subindustry, Far Eastern Department Stores'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.
Far Eastern Department Stores Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Far Eastern Department Stores's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Far Eastern Department Stores's Earnings Yield (Joel Greenblatt) % falls into.
Far Eastern Department Stores 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.
Far Eastern Department Storess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Far Eastern Department Stores'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$4,606 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 5.56% mean?
Far Eastern Department Stores (TPE:2903) has a Earnings Yield (Joel Greenblatt) % of 5.56% 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 Far Eastern Department Stores and its competitors. This is near median its historical median of 5.47. Over the past decade, Far Eastern Department Stores' Earnings Yield (Joel Greenblatt) % has ranged from 3.37 to 8.53. According to the industry distribution chart, Far Eastern Department Stores ranks #561 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 49.7%.
Is Far Eastern Department Stores' Earnings Yield (Joel Greenblatt) % too high?
Far Eastern Department Stores' current Earnings Yield (Joel Greenblatt) % of 5.56% is near median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 8.53. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.59. Far Eastern Department Stores' value of 5.56% is 0.5% below this industry median. Based on the distribution chart, Far Eastern Department Stores ranks #561 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Far Eastern Department Stores has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern Department Stores' Earnings Yield (Joel Greenblatt) % compare to DDS?
According to the Retail - Cyclical industry distribution chart, Far Eastern Department Stores ranks #561 out of 1128 companies for Earnings Yield (Joel Greenblatt) %. This puts Far Eastern Department Stores in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.59. Far Eastern Department Stores' value of 5.56% is 0.5% below this benchmark. Historically, Far Eastern Department Stores' own Earnings Yield (Joel Greenblatt) % has ranged from 3.37 to 8.53 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 5.59, Far Eastern Department Stores 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.59, based on 1,128 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. Far Eastern Department Stores's current Earnings Yield (Joel Greenblatt) % of 5.56% is 0.5% 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 Far Eastern Department Stores and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern Department Stores's current Earnings Yield (Joel Greenblatt) % is 5.56%, which is near median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern Department Stores stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern Department Stores (TPE:2903) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.58, compared to a current price of NT$22.30 — trading 1.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 5.56%, which is near median its 10-year median of 5.47 and 0.5% below the Retail - Cyclical industry median of 5.59. Far Eastern Department Stores' overall GF Score™ is 77/100 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 Far Eastern Department Stores (TPE:2903), the current Earnings Yield (Joel Greenblatt) % is 5.56% 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 Far Eastern Department Stores (TPE:2903) Overvalued in 2026?
Based on GuruFocus' analysis, Far Eastern Department Stores stock appears to be undervalued.
The current stock price of NT$22.30 is trading 1.2% below its estimated GF Value™ of NT$22.58.
GuruFocus considers Far Eastern Department Stores to be Fairly Valued.
Key valuation signals for TPE:2903:
Earnings Yield (Joel Greenblatt) %: 5.56% (near median its 10-year median of 5.47)
GF Value™: NT$22.58 vs. price of NT$22.30 (1.2% below fair value)
Industry Position: 0.5% below the Retail - Cyclical median (#561 of 1128)
No single metric tells the full story. See the TPE:2903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far Eastern Department Stores Ltd is a Taiwan-based company principally engaged in the operation of department stores and supermarkets. It provides a broad range of merchandise, including foods, apparel, gold and jewelry, household appliances, groceries, home furnishing products, consumer electronics, stationery goods, artworks, entertainment appliances, and sports and leisure goods. Geographically, the Group generates maximum revenue from ROC, and the rest from China.
77GF Score
Get the complete analysis for TPE:2903
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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