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Top Bright Holding CoTPE:8499 -4.06%85 Earnings Yield (Joel Greenblatt) % is 8.93% as of Mar. 2026, which is 35% below its 10-year median of 13.65. GuruFocus rates TPE:8499 with a GF Score™ of 85/100 and a GF Value™ of NT$253.42 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,498 Hardware companies, Top Bright Holding Co ranks better than 75.46% on this metric.
Top Bright Holding Co's Enterprise Value for the quarter that ended in Mar. 2026 was NT$9,656 Mil.
Top Bright Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$862 Mil. Top Bright Holding Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 8.93%.
The historical rank and industry rank for Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:8499'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40270.21 Med: 13.65 Max: 4318.37
Current: 8.27
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Top Bright Holding Co was 4318.37%. The lowest was -40270.21%. And the median was 13.65%.
TPE:8499's Earnings Yield (Joel Greenblatt) % is ranked better than 75.46% of 2498
companies
in the Hardware industry
Industry Median: 2.59
vs TPE:8499: 8.27
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) %. Top Bright Holding Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.94%. 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.
Top Bright Holding Co (TPE:8499) 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.
Top Bright Holding Co Earnings Yield (Joel Greenblatt) % Related Terms
Top Bright Holding Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Top Bright Holding 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.
Top Bright Holding Co Earnings Yield (Joel Greenblatt) % Chart
For the Electronic Components subindustry, Top Bright Holding 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.
Top Bright Holding Co Earnings Yield (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % falls into.
Top Bright Holding 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.
Top Bright Holding Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Top Bright Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$862 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.93% mean?
Top Bright Holding Co (TPE:8499) has a Earnings Yield (Joel Greenblatt) % of 8.93% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Top Bright Holding Co and its competitors. This is 35% below median its historical median of 13.65. According to the industry distribution chart, Top Bright Holding Co ranks #613 out of 2498 companies in the Hardware industry, placing it in the top 24.5%.
Is Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % too high?
Top Bright Holding Co's current Earnings Yield (Joel Greenblatt) % of 8.93% is 35% below median its 10-year median of 13.65. The Hardware industry median Earnings Yield (Joel Greenblatt) % is 2.59. Top Bright Holding Co's value of 8.93% is 244.8% above this industry median. Based on the distribution chart, Top Bright Holding Co ranks #613 out of 2498 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Top Bright Holding Co has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Earnings Yield (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Top Bright Holding Co ranks #613 out of 2498 companies for Earnings Yield (Joel Greenblatt) %. This places Top Bright Holding Co in the top 25% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.59. Top Bright Holding Co's value of 8.93% is 244.8% above this benchmark. While the company's 10-year median is 13.65 vs. the industry median of 2.59, Top Bright Holding 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 2.59, 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. Top Bright Holding Co's current Earnings Yield (Joel Greenblatt) % of 8.93% is 244.8% 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 Top Bright Holding Co and its competitors. For the Hardware industry, the median Earnings Yield (Joel Greenblatt) % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Bright Holding Co's current Earnings Yield (Joel Greenblatt) % is 8.93%, which is 35% below median its own 10-year median of 13.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Fairly Valued. The stock's GF Value™ is NT$253.42, compared to a current price of NT$260.00 — trading 2.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.93%, which is 35% below median its 10-year median of 13.65 and 244.8% above the Hardware industry median of 2.59. Top Bright Holding Co's overall GF Score™ is 85/100 with 6 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 Top Bright Holding Co (TPE:8499), the current Earnings Yield (Joel Greenblatt) % is 8.93% as of Mar. 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?
Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued.
The current stock price of NT$260.00 is trading 2.6% above its estimated GF Value™ of NT$253.42.
GuruFocus considers Top Bright Holding Co to be Fairly Valued.
Key valuation signals for TPE:8499:
Earnings Yield (Joel Greenblatt) %: 8.93% (35% below median its 10-year median of 13.65)
GF Value™: NT$253.42 vs. price of NT$260.00 (2.6% above fair value)
Industry Position: 244.8% above the Hardware median (#613 of 2498)
No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
85GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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