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New Palace International CoTPE:8940 79 Earnings Yield (Joel Greenblatt) % is 4.21% as of Jun. 2026, which is 325% above its 10-year median of 0.99. GuruFocus rates TPE:8940 with a GF Score™ of 79/100 and a GF Value™ of NT$21.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 366 Restaurants companies, New Palace International Co ranks better than 54.64% on this metric.
New Palace International Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$1,700 Mil.
New Palace International Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NT$72 Mil. New Palace International Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.21%.
The historical rank and industry rank for New Palace International Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:8940'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.78 Med: 0.99 Max: 10.23
Current: 4.4
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of New Palace International Co was 10.23%. The lowest was -16.78%. And the median was 0.99%.
TPE:8940's Earnings Yield (Joel Greenblatt) % is ranked better than 54.64% of 366
companies
in the Restaurants industry
Industry Median: 3.955
vs TPE:8940: 4.40
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) %. New Palace International Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 29.85%. 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.
New Palace International Co (TPE:8940) 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.
New Palace International Co Earnings Yield (Joel Greenblatt) % Related Terms
New Palace International Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for New Palace International 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.
New Palace International Co Earnings Yield (Joel Greenblatt) % Chart
For the Restaurants subindustry, New Palace International 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.
New Palace International Co Earnings Yield (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, New Palace International Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where New Palace International Co's Earnings Yield (Joel Greenblatt) % falls into.
New Palace International 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.
New Palace International Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
New Palace International 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$72 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.21% mean?
New Palace International Co (TPE:8940) has a Earnings Yield (Joel Greenblatt) % of 4.21% 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 New Palace International Co and its competitors. This is 325% above median its historical median of 0.99. According to the industry distribution chart, New Palace International Co ranks #166 out of 366 companies in the Restaurants industry, placing it in the top 45.4%.
Is New Palace International Co's Earnings Yield (Joel Greenblatt) % too high?
New Palace International Co's current Earnings Yield (Joel Greenblatt) % of 4.21% is 325% above median its 10-year median of 0.99. The Restaurants industry median Earnings Yield (Joel Greenblatt) % is 3.96. New Palace International Co's value of 4.21% is 6.4% above this industry median. Based on the distribution chart, New Palace International Co ranks #166 out of 366 companies in the Restaurants industry, which is above the industry midpoint. Overall, New Palace International Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Palace International Co's Earnings Yield (Joel Greenblatt) % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, New Palace International Co ranks #166 out of 366 companies for Earnings Yield (Joel Greenblatt) %. This puts New Palace International Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.96. New Palace International Co's value of 4.21% is 6.4% above this benchmark. While the company's 10-year median is 0.99 vs. the industry median of 3.96, New Palace International 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 Restaurants company?
The median Earnings Yield (Joel Greenblatt) % among Restaurants companies is 3.96, based on 366 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. New Palace International Co's current Earnings Yield (Joel Greenblatt) % of 4.21% is 6.4% 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 New Palace International Co and its competitors. For the Restaurants industry, the median Earnings Yield (Joel Greenblatt) % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Palace International Co's current Earnings Yield (Joel Greenblatt) % is 4.21%, which is 325% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Palace International Co stock overvalued right now?
Based on GuruFocus' analysis, New Palace International Co (TPE:8940) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$21.70, compared to a current price of NT$15.35 — trading 29.3% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.21%, which is 325% above median its 10-year median of 0.99 and 6.4% above the Restaurants industry median of 3.96. New Palace International Co's overall GF Score™ is 79/100 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 New Palace International Co (TPE:8940), the current Earnings Yield (Joel Greenblatt) % is 4.21% 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 New Palace International Co (TPE:8940) Overvalued in 2026?
Based on GuruFocus' analysis, New Palace International Co stock appears to be undervalued.
The current stock price of NT$15.35 is trading 29.3% below its estimated GF Value™ of NT$21.70.
GuruFocus considers New Palace International Co to be Modestly Undervalued.
Key valuation signals for TPE:8940:
Earnings Yield (Joel Greenblatt) %: 4.21% (325% above median its 10-year median of 0.99)
GF Value™: NT$21.70 vs. price of NT$15.35 (29.3% below fair value)
Industry Position: 6.4% above the Restaurants median (#166 of 366)
No single metric tells the full story. See the TPE:8940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Palace International Co Ltd is a Taiwan-based company engaged in the catering industry. Its products and services include the provision of traditional catering services, banquets, and buffets. The company generates the majority of its revenue from Chinese banquet catering, and a small portion of revenue is derived from Other catering services.
79GF Score
Get the complete analysis for TPE:8940
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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