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Globe Union IndustrialTPE:9934 +0.44%74 Earnings Yield (Joel Greenblatt) % is 6.99% as of Mar. 2026, which is 8% below its 10-year median of 7.62. GuruFocus rates TPE:9934 with a GF Score™ of 74/100 and a GF Value™ of NT$12.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,804 Construction companies, Globe Union Industrial ranks worse than 50.72% on this metric.
Globe Union Industrial's Enterprise Value for the quarter that ended in Mar. 2026 was NT$7,083 Mil.
Globe Union Industrial's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$495 Mil. Globe Union Industrial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.99%.
The historical rank and industry rank for Globe Union Industrial's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TPE:9934'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.99 Med: 7.62 Max: 15.59
Current: 6.25
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Globe Union Industrial was 15.59%. The lowest was -10.99%. And the median was 7.62%.
TPE:9934's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.72% of 1804
companies
in the Construction industry
Industry Median: 6.415
vs TPE:9934: 6.25
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) %. Globe Union Industrial's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
Globe Union Industrial (TPE:9934) 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.
Globe Union Industrial Earnings Yield (Joel Greenblatt) % Related Terms
Globe Union Industrial Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Globe Union Industrial'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.
Globe Union Industrial Earnings Yield (Joel Greenblatt) % Chart
For the Building Products & Equipment subindustry, Globe Union Industrial'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.
Globe Union Industrial Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Globe Union Industrial's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Globe Union Industrial's Earnings Yield (Joel Greenblatt) % falls into.
Globe Union Industrial 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.
Globe Union Industrials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Globe Union Industrial'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$495 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.99% mean?
Globe Union Industrial (TPE:9934) has a Earnings Yield (Joel Greenblatt) % of 6.99% 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 Globe Union Industrial and its competitors. This is near median its historical median of 7.62. According to the industry distribution chart, Globe Union Industrial ranks #915 out of 1804 companies in the Construction industry, placing it in the top 50.7%.
Is Globe Union Industrial's Earnings Yield (Joel Greenblatt) % too high?
Globe Union Industrial's current Earnings Yield (Joel Greenblatt) % of 6.99% is near median its 10-year median of 7.62. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.42. Globe Union Industrial's value of 6.99% is 9% above this industry median. Based on the distribution chart, Globe Union Industrial ranks #915 out of 1804 companies in the Construction industry, which is below the industry midpoint. Overall, Globe Union Industrial has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Earnings Yield (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #915 out of 1804 companies for Earnings Yield (Joel Greenblatt) %. This places Globe Union Industrial in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.42. Globe Union Industrial's value of 6.99% is 9% above this benchmark. While the company's 10-year median is 7.62 vs. the industry median of 6.42, Globe Union Industrial 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.42, based on 1,804 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. Globe Union Industrial's current Earnings Yield (Joel Greenblatt) % of 6.99% is 9% 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 Globe Union Industrial and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current Earnings Yield (Joel Greenblatt) % is 6.99%, which is near median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.13, compared to a current price of NT$11.35 — trading 6.4% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.99%, which is near median its 10-year median of 7.62 and 9% above the Construction industry median of 6.42. Globe Union Industrial's overall GF Score™ is 74/100 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 Globe Union Industrial (TPE:9934), the current Earnings Yield (Joel Greenblatt) % is 6.99% 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?
Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued.
The current stock price of NT$11.35 is trading 6.4% below its estimated GF Value™ of NT$12.13.
GuruFocus considers Globe Union Industrial to be Fairly Valued.
Key valuation signals for TPE:9934:
Earnings Yield (Joel Greenblatt) %: 6.99% (near median its 10-year median of 7.62)
GF Value™: NT$12.13 vs. price of NT$11.35 (6.4% below fair value)
Industry Position: 9% above the Construction median (#915 of 1804)
No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
74GF 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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