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Elite Advanced LaserTPE:3450 +4.69%72 Earnings Yield (Joel Greenblatt) % is 2.25% as of Jun. 2026, which is 77% below its 10-year median of 9.89. GuruFocus rates TPE:3450 with a GF Score™ of 72/100 and a GF Value™ of NT$289.70 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,029 Semiconductors companies, Elite Advanced Laser ranks better than 52.38% on this metric.
Elite Advanced Laser's Enterprise Value for the quarter that ended in Jun. 2026 was NT$77,829 Mil.
Elite Advanced Laser's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,749 Mil. Elite Advanced Laser's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.25%.
The historical rank and industry rank for Elite Advanced Laser's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:3450'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.57 Med: 9.89 Max: 22.58
Current: 2.06
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Elite Advanced Laser was 22.58%. The lowest was 1.57%. And the median was 9.89%.
TPE:3450's Earnings Yield (Joel Greenblatt) % is ranked better than 52.38% of 1029
companies
in the Semiconductors industry
Industry Median: 1.91
vs TPE:3450: 2.06
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) %. Elite Advanced Laser's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 10.46%. 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.
Elite Advanced Laser Earnings Yield (Joel Greenblatt) % Related Terms
Elite Advanced Laser Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Elite Advanced Laser'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 Semiconductor Equipment & Materials subindustry, Elite Advanced Laser'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.
Elite Advanced Laser Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Elite Advanced Laser's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Elite Advanced Laser'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.
Elite Advanced Lasers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Elite Advanced Laser'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$1,749 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.25% mean?
Elite Advanced Laser (TPE:3450) has a Earnings Yield (Joel Greenblatt) % of 2.25% 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 Elite Advanced Laser and its competitors. This is 77% below median its historical median of 9.89. Over the past decade, Elite Advanced Laser's Earnings Yield (Joel Greenblatt) % has ranged from 1.57 to 22.58. According to the industry distribution chart, Elite Advanced Laser ranks #490 out of 1029 companies in the Semiconductors industry, placing it in the top 47.6%.
Is Elite Advanced Laser's Earnings Yield (Joel Greenblatt) % too high?
Elite Advanced Laser's current Earnings Yield (Joel Greenblatt) % of 2.25% is 77% below median its 10-year median of 9.89. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 22.58. The Semiconductors industry median Earnings Yield (Joel Greenblatt) % is 1.91. Elite Advanced Laser's value of 2.25% is 17.8% above this industry median. Based on the distribution chart, Elite Advanced Laser ranks #490 out of 1029 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Elite Advanced Laser has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Advanced Laser's Earnings Yield (Joel Greenblatt) % compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Elite Advanced Laser ranks #490 out of 1029 companies for Earnings Yield (Joel Greenblatt) %. This puts Elite Advanced Laser in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.91. Elite Advanced Laser's value of 2.25% is 17.8% above this benchmark. Historically, Elite Advanced Laser's own Earnings Yield (Joel Greenblatt) % has ranged from 1.57 to 22.58 over the past decade. While the company's 10-year median is 9.89 vs. the industry median of 1.91, Elite Advanced Laser 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 Semiconductors company?
The median Earnings Yield (Joel Greenblatt) % among Semiconductors companies is 1.91, based on 1,029 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. Elite Advanced Laser's current Earnings Yield (Joel Greenblatt) % of 2.25% is 17.8% 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 Elite Advanced Laser and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Advanced Laser's current Earnings Yield (Joel Greenblatt) % is 2.25%, which is 77% below median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Advanced Laser stock overvalued right now?
Based on GuruFocus' analysis, Elite Advanced Laser (TPE:3450) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$289.70, compared to a current price of NT$580.00 — trading 100.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.25%, which is 77% below median its 10-year median of 9.89 and 17.8% above the Semiconductors industry median of 1.91. Elite Advanced Laser's overall GF Score™ is 72/100 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 Elite Advanced Laser (TPE:3450), the current Earnings Yield (Joel Greenblatt) % is 2.25% 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 Elite Advanced Laser (TPE:3450) Overvalued in 2026?
Based on GuruFocus' analysis, Elite Advanced Laser stock appears to be overvalued.
The current stock price of NT$580.00 is trading 100.2% above its estimated GF Value™ of NT$289.70.
GuruFocus considers Elite Advanced Laser to be Significantly Overvalued.
Key valuation signals for TPE:3450:
Earnings Yield (Joel Greenblatt) %: 2.25% (77% below median its 10-year median of 9.89)
GF Value™: NT$289.70 vs. price of NT$580.00 (100.2% above fair value)
Industry Position: 17.8% above the Semiconductors median (#490 of 1029)
No single metric tells the full story. See the TPE:3450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elite Advanced Laser Corp is engaged in optical information and optical communication products. The reportable segments of the company are the Optoelectronics industry, the Semiconductor segment, and the Silicon Photonics segment. The company generates the majority of its revenue from the Semiconductor segment.
72GF Score
Get the complete analysis for TPE:3450
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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