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Cleanaway CoTPE:8422 -0.37%83 Earnings Yield (Joel Greenblatt) % is 3.78% as of Jun. 2026, which is 54% below its 10-year median of 8.16. GuruFocus rates TPE:8422 with a GF Score™ of 83/100 and a GF Value™ of NT$23.65 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 251 Waste Management companies, Cleanaway Co ranks better than 50.2% on this metric.
Cleanaway Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$46,512 Mil.
Cleanaway Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,758 Mil. Cleanaway Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.78%.
The historical rank and industry rank for Cleanaway Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:8422'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.9 Med: 8.16 Max: 11.09
Current: 3.93
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cleanaway Co was 11.09%. The lowest was 2.90%. And the median was 8.16%.
TPE:8422's Earnings Yield (Joel Greenblatt) % is ranked better than 50.2% of 251
companies
in the Waste Management industry
Industry Median: 3.9
vs TPE:8422: 3.93
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) %. Cleanaway Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -1.85%. 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.
Cleanaway Co (TPE:8422) 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.
Cleanaway Co Earnings Yield (Joel Greenblatt) % Related Terms
Cleanaway Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Cleanaway 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.
Cleanaway Co Earnings Yield (Joel Greenblatt) % Chart
For the Waste Management subindustry, Cleanaway 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.
Cleanaway Co Earnings Yield (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Cleanaway Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cleanaway Co's Earnings Yield (Joel Greenblatt) % falls into.
Cleanaway 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.
Cleanaway Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Cleanaway 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$1,758 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.78% mean?
Cleanaway Co (TPE:8422) has a Earnings Yield (Joel Greenblatt) % of 3.78% 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 Cleanaway Co and its competitors. This is 54% below median its historical median of 8.16. Over the past decade, Cleanaway Co's Earnings Yield (Joel Greenblatt) % has ranged from 2.90 to 11.09. According to the industry distribution chart, Cleanaway Co ranks #125 out of 251 companies in the Waste Management industry, placing it in the top 49.8%.
Is Cleanaway Co's Earnings Yield (Joel Greenblatt) % too high?
Cleanaway Co's current Earnings Yield (Joel Greenblatt) % of 3.78% is 54% below median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 2.90 to a high of 11.09. The Waste Management industry median Earnings Yield (Joel Greenblatt) % is 3.90. Cleanaway Co's value of 3.78% is 3.1% below this industry median. Based on the distribution chart, Cleanaway Co ranks #125 out of 251 companies in the Waste Management industry, which is above the industry midpoint. Overall, Cleanaway Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's Earnings Yield (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Cleanaway Co ranks #125 out of 251 companies for Earnings Yield (Joel Greenblatt) %. This puts Cleanaway Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.90. Cleanaway Co's value of 3.78% is 3.1% below this benchmark. Historically, Cleanaway Co's own Earnings Yield (Joel Greenblatt) % has ranged from 2.90 to 11.09 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 3.90, Cleanaway Co 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 Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.90, based on 251 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. Cleanaway Co's current Earnings Yield (Joel Greenblatt) % of 3.78% is 3.1% 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 Cleanaway Co and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleanaway Co's current Earnings Yield (Joel Greenblatt) % is 3.78%, which is 54% below median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.65, compared to a current price of NT$26.65 — trading 12.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.78%, which is 54% below median its 10-year median of 8.16 and 3.1% below the Waste Management industry median of 3.90. Cleanaway Co's overall GF Score™ is 83/100 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 Cleanaway Co (TPE:8422), the current Earnings Yield (Joel Greenblatt) % is 3.78% 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 Cleanaway Co (TPE:8422) Overvalued in 2026?
Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued.
The current stock price of NT$26.65 is trading 12.7% above its estimated GF Value™ of NT$23.65.
GuruFocus considers Cleanaway Co to be Modestly Overvalued.
Key valuation signals for TPE:8422:
Earnings Yield (Joel Greenblatt) %: 3.78% (54% below median its 10-year median of 8.16)
GF Value™: NT$23.65 vs. price of NT$26.65 (12.7% above fair value)
Industry Position: 3.1% below the Waste Management median (#125 of 251)
No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
83GF Score
Get the complete analysis for TPE:8422
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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