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Taihei Dengyo KaishaTSE:1968 -0.20%80 Earnings Yield (Joel Greenblatt) % is 10.81% as of Mar. 2026, which is 44% below its 10-year median of 19.23. GuruFocus rates TSE:1968 with a GF Score™ of 80/100 and a GF Value™ of 円1,760.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,802 Construction companies, Taihei Dengyo Kaisha ranks better than 76.97% on this metric.
Taihei Dengyo Kaisha's Enterprise Value for the quarter that ended in Mar. 2026 was 円163,901 Mil.
Taihei Dengyo Kaisha's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円19,790 Mil. Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.81%.
The historical rank and industry rank for Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:1968'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.08 Med: 19.23 Max: 36.36
Current: 13.57
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Taihei Dengyo Kaisha was 36.36%. The lowest was 8.08%. And the median was 19.23%.
TSE:1968's Earnings Yield (Joel Greenblatt) % is ranked better than 76.97% of 1802
companies
in the Construction industry
Industry Median: 6.365
vs TSE:1968: 13.57
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) %. Taihei Dengyo Kaisha's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 9.98%. 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.
Taihei Dengyo Kaisha Earnings Yield (Joel Greenblatt) % Related Terms
Taihei Dengyo Kaisha Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Taihei Dengyo Kaisha'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 Engineering & Construction subindustry, Taihei Dengyo Kaisha'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.
Taihei Dengyo Kaisha Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taihei Dengyo Kaisha'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.
Taihei Dengyo Kaishas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Taihei Dengyo Kaisha'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 円19,790 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.81% mean?
Taihei Dengyo Kaisha (TSE:1968) has a Earnings Yield (Joel Greenblatt) % of 10.81% 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 Taihei Dengyo Kaisha and its competitors. This is 44% below median its historical median of 19.23. Over the past decade, Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) % has ranged from 8.08 to 36.36. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #415 out of 1802 companies in the Construction industry, placing it in the top 23%.
Is Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) % too high?
Taihei Dengyo Kaisha's current Earnings Yield (Joel Greenblatt) % of 10.81% is 44% below median its 10-year median of 19.23. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 36.36. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.37. Taihei Dengyo Kaisha's value of 10.81% is 69.8% above this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #415 out of 1802 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Taihei Dengyo Kaisha has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Earnings Yield (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #415 out of 1802 companies for Earnings Yield (Joel Greenblatt) %. This places Taihei Dengyo Kaisha in the top 23% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.37. Taihei Dengyo Kaisha's value of 10.81% is 69.8% above this benchmark. Historically, Taihei Dengyo Kaisha's own Earnings Yield (Joel Greenblatt) % has ranged from 8.08 to 36.36 over the past decade. While the company's 10-year median is 19.23 vs. the industry median of 6.37, Taihei Dengyo Kaisha 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 6.37, based on 1,802 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. Taihei Dengyo Kaisha's current Earnings Yield (Joel Greenblatt) % of 10.81% is 69.8% 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 Taihei Dengyo Kaisha and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihei Dengyo Kaisha's current Earnings Yield (Joel Greenblatt) % is 10.81%, which is 44% below median its own 10-year median of 19.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,760.36, compared to a current price of 円2,481.00 — trading 40.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.81%, which is 44% below median its 10-year median of 19.23 and 69.8% above the Construction industry median of 6.37. Taihei Dengyo Kaisha's overall GF Score™ is 80/100 with 2 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 Taihei Dengyo Kaisha (TSE:1968), the current Earnings Yield (Joel Greenblatt) % is 10.81% 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued.
The current stock price of 円2,481.00 is trading 40.9% above its estimated GF Value™ of 円1,760.36.
GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.
Key valuation signals for TSE:1968:
Earnings Yield (Joel Greenblatt) %: 10.81% (44% below median its 10-year median of 19.23)
GF Value™: 円1,760.36 vs. price of 円2,481.00 (40.9% above fair value)
Industry Position: 69.8% above the Construction median (#415 of 1802)
No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
80GF 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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