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TPE:3018's Earnings Yield (Joel Greenblatt) % is ranked worse than 96.68% of 1808
companies
in the Construction industry
Industry Median: 6.425
vs TPE:3018: -38.16
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) %. Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co (TPE:3018) 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.
Lung Ming Green Energy Technology Engineering Co Earnings Yield (Joel Greenblatt) % Chart
Lung Ming Green Energy Technology Engineering Co Annual Data
For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co Earnings Yield (Joel Greenblatt) % vs Construction Industry
Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering 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$-274.3 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -35.97% mean?
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Earnings Yield (Joel Greenblatt) % of -35.97% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. According to the industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1748 out of 1808 companies in the Construction industry, placing it in the top 96.7%.
Is Lung Ming Green Energy Technology Engineering Co's Earnings Yield (Joel Greenblatt) % too high?
Lung Ming Green Energy Technology Engineering Co's current Earnings Yield (Joel Greenblatt) % is -35.97%. Based on the distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1748 out of 1808 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Lung Ming Green Energy Technology Engineering Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Ming Green Energy Technology Engineering Co's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #1748 out of 1808 companies for Earnings Yield (Joel Greenblatt) %. This places Lung Ming Green Energy Technology Engineering Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.43. 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.43, based on 1,808 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. 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 Lung Ming Green Energy Technology Engineering Co and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Ming Green Energy Technology Engineering Co's current Earnings Yield (Joel Greenblatt) % is -35.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.21, compared to a current price of NT$11.40 — trading 58.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -35.97%. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 58/100 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Earnings Yield (Joel Greenblatt) % is -35.97% 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued.
The current stock price of NT$11.40 is trading 58.1% above its estimated GF Value™ of NT$7.21.
GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.
Key valuation signals for TPE:3018:
Earnings Yield (Joel Greenblatt) %: -35.97%
GF Value™: NT$7.21 vs. price of NT$11.40 (58.1% above fair value)
No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
58GF Score
Get the complete analysis for TPE:3018
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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