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AopenTPE:3046 +0.73%87 Earnings Yield (Joel Greenblatt) % is 22.12% as of Jun. 2026, which is 518% above its 10-year median of 3.58. GuruFocus rates TPE:3046 with a GF Score™ of 87/100 and a GF Value™ of NT$65.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,499 Hardware companies, Aopen ranks better than 92.04% on this metric.
Aopen's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,239 Mil.
Aopen's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$495 Mil. Aopen's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 22.12%.
The historical rank and industry rank for Aopen's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:3046'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -236.16 Med: 3.58 Max: 21.83
Current: 19.12
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Aopen was 21.83%. The lowest was -236.16%. And the median was 3.58%.
TPE:3046's Earnings Yield (Joel Greenblatt) % is ranked better than 92.04% of 2499
companies
in the Hardware industry
Industry Median: 2.67
vs TPE:3046: 19.12
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) %. Aopen's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 27.54%. 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.
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.
Aopen Earnings Yield (Joel Greenblatt) % Related Terms
Aopen Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Aopen'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.
For the Computer Hardware subindustry, Aopen'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.
Aopen Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Aopen's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Aopen's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Aopens Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Aopen'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$495 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 22.12% mean?
Aopen (TPE:3046) has a Earnings Yield (Joel Greenblatt) % of 22.12% 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 Aopen and its competitors. This is 518% above median its historical median of 3.58. According to the industry distribution chart, Aopen ranks #199 out of 2499 companies in the Hardware industry, placing it in the top 8%.
Is Aopen's Earnings Yield (Joel Greenblatt) % too high?
Aopen's current Earnings Yield (Joel Greenblatt) % of 22.12% is 518% above median its 10-year median of 3.58. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.67. Aopen's value of 22.12% is 728.5% above this industry median. Based on the distribution chart, Aopen ranks #199 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Aopen has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aopen's Earnings Yield (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Aopen ranks #199 out of 2499 companies for Earnings Yield (Joel Greenblatt) %. This places Aopen in the top 8% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.67. Aopen's value of 22.12% is 728.5% above this benchmark. While the company's 10-year median is 3.58 vs. the industry median of 2.67, Aopen 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 2.67, based on 2,499 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. Aopen's current Earnings Yield (Joel Greenblatt) % of 22.12% is 728.5% 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 Aopen and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aopen's current Earnings Yield (Joel Greenblatt) % is 22.12%, which is 518% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aopen stock overvalued right now?
Based on GuruFocus' analysis, Aopen (TPE:3046) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$65.23, compared to a current price of NT$55.40 — trading 15.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 22.12%, which is 518% above median its 10-year median of 3.58 and 728.5% above the Hardware industry median of 2.67. Aopen's overall GF Score™ is 87/100 with 2 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 Aopen (TPE:3046), the current Earnings Yield (Joel Greenblatt) % is 22.12% 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 Aopen (TPE:3046) Overvalued in 2026?
Based on GuruFocus' analysis, Aopen stock appears to be undervalued.
The current stock price of NT$55.40 is trading 15.1% below its estimated GF Value™ of NT$65.23.
GuruFocus considers Aopen to be Modestly Undervalued.
Key valuation signals for TPE:3046:
Earnings Yield (Joel Greenblatt) %: 22.12% (518% above median its 10-year median of 3.58)
GF Value™: NT$65.23 vs. price of NT$55.40 (15.1% below fair value)
Industry Position: 728.5% above the Hardware median (#199 of 2499)
No single metric tells the full story. See the TPE:3046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aopen Inc is engaged in the marketing, manufacturing, and trading of computer products, software, computer components, peripheral equipment, and apparatus, as well as IT product repair services for after-sales support provided to Aopen products. Its products include embedded PC, touch panel PC, remote management, commercial and consumer range display, and monitors. The company has three reportable segments: the Americas segment, the Europe segment and the Asia Pacific and emerging market segment, which engage in the research, design, and marketing of computer products, lifestyle appliances, and others. The majority of revenue is derived from the Asia Pacific and emerging market segment.
87GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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