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.
Twoway CommunicationsTPE:8045 -1.69%83 Earnings Yield (Joel Greenblatt) % is 2.03% as of Jun. 2026, which is 15% above its 10-year median of 1.76. GuruFocus rates TPE:8045 with a GF Score™ of 83/100 and a GF Value™ of NT$82.52 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,498 Hardware companies, Twoway Communications ranks worse than 52.52% on this metric.
Twoway Communications's Enterprise Value for the quarter that ended in Jun. 2026 was NT$5,617 Mil.
Twoway Communications's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$114 Mil. Twoway Communications's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.03%.
The historical rank and industry rank for Twoway Communications's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:8045'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.77 Med: 1.76 Max: 8.51
Current: 2.28
During the past 11 years, the highest Earnings Yield (Joel Greenblatt) of Twoway Communications was 8.51%. The lowest was -2.77%. And the median was 1.76%.
TPE:8045's Earnings Yield (Joel Greenblatt) % is ranked worse than 52.52% of 2498
companies
in the Hardware industry
Industry Median: 2.675
vs TPE:8045: 2.28
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) %. Twoway Communications'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.
Twoway Communications Earnings Yield (Joel Greenblatt) % Related Terms
Twoway Communications Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Twoway Communications'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 Communication Equipment subindustry, Twoway Communications'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.
Twoway Communications Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Twoway Communications's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Twoway Communications'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.
Twoway Communicationss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Twoway Communications'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$114 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 2.03% mean?
Twoway Communications (TPE:8045) has a Earnings Yield (Joel Greenblatt) % of 2.03% 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 Twoway Communications and its competitors. This is 15% above median its historical median of 1.76. According to the industry distribution chart, Twoway Communications ranks #1312 out of 2498 companies in the Hardware industry, placing it in the top 52.5%.
Is Twoway Communications' Earnings Yield (Joel Greenblatt) % too high?
Twoway Communications' current Earnings Yield (Joel Greenblatt) % of 2.03% is 15% above median its 10-year median of 1.76. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.68. Twoway Communications' value of 2.03% is 24.1% below this industry median. Based on the distribution chart, Twoway Communications ranks #1312 out of 2498 companies in the Hardware industry, which is below the industry midpoint. Overall, Twoway Communications has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Twoway Communications' Earnings Yield (Joel Greenblatt) % compare to CSCO and MSI?
According to the Hardware industry distribution chart, Twoway Communications ranks #1312 out of 2498 companies for Earnings Yield (Joel Greenblatt) %. This places Twoway Communications in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.68. Twoway Communications' value of 2.03% is 24.1% below this benchmark. While the company's 10-year median is 1.76 vs. the industry median of 2.68, Twoway Communications has consistently been below 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 2.68, based on 2,498 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. Twoway Communications's current Earnings Yield (Joel Greenblatt) % of 2.03% is 24.1% below 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 Twoway Communications and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Twoway Communications's current Earnings Yield (Joel Greenblatt) % is 2.03%, which is 15% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Twoway Communications stock overvalued right now?
Based on GuruFocus' analysis, Twoway Communications (TPE:8045) is currently considered Possible Value Trap. The stock's GF Value™ is NT$82.52, compared to a current price of NT$52.30 — trading 36.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.03%, which is 15% above median its 10-year median of 1.76 and 24.1% below the Hardware industry median of 2.68. Twoway Communications' overall GF Score™ is 83/100 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 Twoway Communications (TPE:8045), the current Earnings Yield (Joel Greenblatt) % is 2.03% 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 Twoway Communications (TPE:8045) Overvalued in 2026?
Based on GuruFocus' analysis, Twoway Communications stock appears to be undervalued.
The current stock price of NT$52.30 is trading 36.6% below its estimated GF Value™ of NT$82.52.
GuruFocus considers Twoway Communications to be Possible Value Trap.
Key valuation signals for TPE:8045:
Earnings Yield (Joel Greenblatt) %: 2.03% (15% above median its 10-year median of 1.76)
GF Value™: NT$82.52 vs. price of NT$52.30 (36.6% below fair value)
Industry Position: 24.1% below the Hardware median (#1312 of 2498)
No single metric tells the full story. See the TPE:8045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Twoway Communications Inc is engaged in manufacturing and trading of communication products including cable TV head-ends, optical transceivers, amplifiers, connectors, and monitoring systems, as well as broadband network system planning, design, and contracting, and the installation of multimedia video equipment. The revenue of operating segments principally is derived from B-broadband internet equipment department, IOT department and department of labour and other services.
83GF Score
Get the complete analysis for TPE:8045
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:8045 has been successfully added to your 
