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.
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.
FitTech CoTPE:6706 +0.81%55 Earnings Yield (Joel Greenblatt) % is -1.63% as of Jun. 2026. GuruFocus rates TPE:6706 with a GF Score™ of 55/100 and a GF Value™ of NT$44.58 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,101 Industrial Products companies, FitTech Co ranks worse than 82.43% on this metric.
FitTech Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$13,059.3 Mil.
FitTech Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-213.4 Mil. FitTech Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was -1.63%.
The historical rank and industry rank for FitTech Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:6706'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.13 Med: 4.48 Max: 35.7
Current: -1.94
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of FitTech Co was 35.70%. The lowest was -15.13%. And the median was 4.48%.
TPE:6706's Earnings Yield (Joel Greenblatt) % is ranked worse than 82.43% of 3101
companies
in the Industrial Products industry
Industry Median: 3.46
vs TPE:6706: -1.94
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) %. FitTech 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.
FitTech Co (TPE:6706) 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.
FitTech Co Earnings Yield (Joel Greenblatt) % Related Terms
FitTech Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for FitTech 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.
FitTech Co Earnings Yield (Joel Greenblatt) % Chart
For the Specialty Industrial Machinery subindustry, FitTech 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.
FitTech Co Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FitTech Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where FitTech Co's Earnings Yield (Joel Greenblatt) % falls into.
FitTech 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.
FitTech Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
FitTech 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$-213.4 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -1.63% mean?
FitTech Co (TPE:6706) has a Earnings Yield (Joel Greenblatt) % of -1.63% 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 FitTech Co and its competitors. According to the industry distribution chart, FitTech Co ranks #2556 out of 3101 companies in the Industrial Products industry, placing it in the top 82.4%.
Is FitTech Co's Earnings Yield (Joel Greenblatt) % too high?
FitTech Co's current Earnings Yield (Joel Greenblatt) % is -1.63%. Based on the distribution chart, FitTech Co ranks #2556 out of 3101 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FitTech Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FitTech Co's Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, FitTech Co ranks #2556 out of 3101 companies for Earnings Yield (Joel Greenblatt) %. This places FitTech Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,101 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 FitTech Co and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FitTech Co's current Earnings Yield (Joel Greenblatt) % is -1.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitTech Co stock overvalued right now?
Based on GuruFocus' analysis, FitTech Co (TPE:6706) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.58, compared to a current price of NT$124.00 — trading 178.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -1.63%. FitTech Co's overall GF Score™ is 55/100 with 9 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 FitTech Co (TPE:6706), the current Earnings Yield (Joel Greenblatt) % is -1.63% 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 FitTech Co (TPE:6706) Overvalued in 2026?
Based on GuruFocus' analysis, FitTech Co stock appears to be overvalued.
The current stock price of NT$124.00 is trading 178.2% above its estimated GF Value™ of NT$44.58.
GuruFocus considers FitTech Co to be Significantly Overvalued.
Key valuation signals for TPE:6706:
Earnings Yield (Joel Greenblatt) %: -1.63%
GF Value™: NT$44.58 vs. price of NT$124.00 (178.2% above fair value)
No single metric tells the full story. See the TPE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FitTech Co Ltd mainly engages in the manufacture and wholesale of machinery equipment, general instruments, optical instruments, other optical and precision machinery, industry of intellectual property rights, information software services, research and development services, and international trade. The Group is mainly engaged in R&D, production, and sales of optics testing equipment, laser machining equipment, and OEM optics testing. Products and solutions are LED/MiniLED Test Solutions, MicroLED Test and Transfer Solution, Micro LED solutions, Laser Micromachining Solutions, and others. Its products and service revenue are sales of machines, OEM, and others. It generates maximum revenue from Asia.
55GF Score
Get the complete analysis for TPE:6706
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:6706 has been successfully added to your 
