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TSECTPE:6443 +1.63%43 Earnings Yield (Joel Greenblatt) % is -14.06% as of Jun. 2026. GuruFocus rates TPE:6443 with a GF Score™ of 43/100 and a GF Value™ of NT$5.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,033 Semiconductors companies, TSEC ranks worse than 94% on this metric.
TSEC's Enterprise Value for the quarter that ended in Jun. 2026 was NT$20,038 Mil.
TSEC's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-2,820 Mil. TSEC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -14.06%.
The historical rank and industry rank for TSEC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:6443'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -20 Med: -1.81 Max: 10.51
Current: -19.23
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of TSEC was 10.51%. The lowest was -20.00%. And the median was -1.81%.
TPE:6443's Earnings Yield (Joel Greenblatt) % is ranked worse than 94% of 1033
companies
in the Semiconductors industry
Industry Median: 1.83
vs TPE:6443: -19.23
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) %. TSEC'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.
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.
TSEC Earnings Yield (Joel Greenblatt) % Related Terms
TSEC Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for TSEC'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 Solar subindustry, TSEC'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.
TSEC Earnings Yield (Joel Greenblatt) % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, TSEC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TSEC'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.
TSECs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
TSEC'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$-2,820 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -14.06% mean?
TSEC (TPE:6443) has a Earnings Yield (Joel Greenblatt) % of -14.06% 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 TSEC and its competitors. According to the industry distribution chart, TSEC ranks #971 out of 1033 companies in the Semiconductors industry, placing it in the top 94%.
Is TSEC's Earnings Yield (Joel Greenblatt) % too high?
TSEC's current Earnings Yield (Joel Greenblatt) % is -14.06%. Based on the distribution chart, TSEC ranks #971 out of 1033 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, TSEC has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSEC's Earnings Yield (Joel Greenblatt) % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, TSEC ranks #971 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places TSEC in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.83. 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 1.83, based on 1,033 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 TSEC and its competitors. For the Semiconductors industry, the median Earnings Yield (Joel Greenblatt) % is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSEC's current Earnings Yield (Joel Greenblatt) % is -14.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSEC stock overvalued right now?
Based on GuruFocus' analysis, TSEC (TPE:6443) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$5.11, compared to a current price of NT$24.95 — trading 388.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -14.06%. TSEC's overall GF Score™ is 43/100 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 TSEC (TPE:6443), the current Earnings Yield (Joel Greenblatt) % is -14.06% 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 TSEC (TPE:6443) Overvalued in 2026?
Based on GuruFocus' analysis, TSEC stock appears to be overvalued.
The current stock price of NT$24.95 is trading 388.3% above its estimated GF Value™ of NT$5.11.
GuruFocus considers TSEC to be Significantly Overvalued.
Key valuation signals for TPE:6443:
Earnings Yield (Joel Greenblatt) %: -14.06%
GF Value™: NT$5.11 vs. price of NT$24.95 (388.3% above fair value)
No single metric tells the full story. See the TPE:6443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSEC Corp is a Taiwan based PV manufacturing company. The company is engaged in the design, manufacture, construction, and sale of solar cells, modules, and power plants. It focuses on solar cells and module R&D, production, and sales, it also provides system integration services for power plant construction and long-term maintenance.
43GF Score
Get the complete analysis for TPE:6443
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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