Unitech Electronics Co (TPE:3652) Earnings Yield (Joel Greenblatt) %: 9.23% (As of Jun. 2026) — 59% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3652 Unitech Electronics Co Ltd TPE:3652
73 GF Score
Price NT$31.80
GF Value NT$33.56
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Unitech Electronics Co Earnings Yield (Joel Greenblatt) %?

Unitech Electronics Co TPE:3652 -2.75% 73 Earnings Yield (Joel Greenblatt) % is 9.23% as of Jun. 2026, which is 59% above its 10-year median of 5.81. GuruFocus rates TPE:3652 with a GF Score™ of 73/100 and a GF Value™ of NT$33.56 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,497 Hardware companies, Unitech Electronics Co ranks better than 84.54% on this metric.

Unitech Electronics Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$2,023 Mil. Unitech Electronics Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$187 Mil. Unitech Electronics Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.23%.

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

TPE:3652' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.51   Med: 5.81   Max: 16.67
Current: 12.17

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Unitech Electronics Co was 16.67%. The lowest was -2.51%. And the median was 5.81%.

TPE:3652's Earnings Yield (Joel Greenblatt) % is ranked better than
84.54% of 2497 companies
in the Hardware industry
Industry Median: 2.62 vs TPE:3652: 12.17

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) %. Unitech Electronics Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -0.57%. 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.


Unitech Electronics Co  (TPE:3652) 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.


Unitech Electronics Co Earnings Yield (Joel Greenblatt) % Related Terms


Unitech Electronics Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Unitech Electronics 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.

Unitech Electronics Co Earnings Yield (Joel Greenblatt) % Chart

Unitech Electronics 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 8.36 12.56 3.49 6.02 9.84

Unitech Electronics 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 8.42 8.88 9.84 11.42 9.23

TPE:3652 vs DELL, ANET, SNDK: Earnings Yield (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, Unitech Electronics 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.


Unitech Electronics Co Earnings Yield (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, Unitech Electronics Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


TPE:3652
73GF Score
Unitech Electronics Co Ltd TPE:3652
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unitech Electronics 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.

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

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=122.342/1242.6704
=9.85 %

Unitech Electronics 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$187 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.23% mean?
Unitech Electronics Co (TPE:3652) has a Earnings Yield (Joel Greenblatt) % of 9.23% 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 Unitech Electronics Co and its competitors. This is 59% above median its historical median of 5.81. According to the industry distribution chart, Unitech Electronics Co ranks #386 out of 2497 companies in the Hardware industry, placing it in the top 15.5%.
Is Unitech Electronics Co's Earnings Yield (Joel Greenblatt) % too high?
Unitech Electronics Co's current Earnings Yield (Joel Greenblatt) % of 9.23% is 59% above median its 10-year median of 5.81. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.62. Unitech Electronics Co's value of 9.23% is 252.3% above this industry median. Based on the distribution chart, Unitech Electronics Co ranks #386 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Unitech Electronics Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Unitech Electronics Co's Earnings Yield (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Unitech Electronics Co ranks #386 out of 2497 companies for Earnings Yield (Joel Greenblatt) %. This places Unitech Electronics Co in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.62. Unitech Electronics Co's value of 9.23% is 252.3% above this benchmark. While the company's 10-year median is 5.81 vs. the industry median of 2.62, Unitech Electronics 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 Hardware company?
The median Earnings Yield (Joel Greenblatt) % among Hardware companies is 2.62, based on 2,497 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. Unitech Electronics Co's current Earnings Yield (Joel Greenblatt) % of 9.23% is 252.3% 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 Unitech Electronics Co and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unitech Electronics Co's current Earnings Yield (Joel Greenblatt) % is 9.23%, which is 59% above median its own 10-year median of 5.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unitech Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Unitech Electronics Co (TPE:3652) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.56, compared to a current price of NT$31.80 — trading 5.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.23%, which is 59% above median its 10-year median of 5.81 and 252.3% above the Hardware industry median of 2.62. Unitech Electronics Co's overall GF Score™ is 73/100 with 1 warning sign 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 Unitech Electronics Co (TPE:3652), the current Earnings Yield (Joel Greenblatt) % is 9.23% 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 Unitech Electronics Co (TPE:3652) Overvalued in 2026?

Based on GuruFocus' analysis, Unitech Electronics Co stock appears to be undervalued. The current stock price of NT$31.80 is trading 5.2% below its estimated GF Value™ of NT$33.56. GuruFocus considers Unitech Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3652:

  • Earnings Yield (Joel Greenblatt) %: 9.23% (59% above median its 10-year median of 5.81)
  • GF Value™: NT$33.56 vs. price of NT$31.80 (5.2% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 252.3% above the Hardware median (#386 of 2497)

No single metric tells the full story. See the TPE:3652 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unitech Electronics Co Business Description

Address No.136, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei City, TWN, 231
Unitech Electronics Co Ltd manufactures and sells a wide range of auto data capture (ADC) products such as enterprise mobile computers, rugged handheld PDAs, industrial tablets, RFID readers, barcode scanners, and smart living devices also iOS Solutions and RFID Solutions. Geographically, the company from Asia, America, Europe and Oceania generating maximum revenue from Asian regions.
73GF Score

Get the complete analysis for TPE:3652

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

NT$31.80
Price
NT$33.56
GF Value