TOIN (TSE:7923) Earnings Yield (Joel Greenblatt) %: 17.15% (As of Sep. 2025) — 221% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7923 TOIN Corp TSE:7923
50 GF Score
Price 円1,178.00
GF Value 円719.30
! 8 Warning Signs
View Full Analysis

What is TOIN Earnings Yield (Joel Greenblatt) %?

TOIN TSE:7923 -0.51% 50 Earnings Yield (Joel Greenblatt) % is 17.15% as of Sep. 2025, which is 221% above its 10-year median of 5.35. GuruFocus rates TSE:7923 with a GF Score™ of 50/100 and a GF Value™ of 円719.30. The stock has 8 warning signs investors should review.

TOIN's Enterprise Value for the quarter that ended in Sep. 2025 was 円5,942 Mil. TOIN's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was 円1,019 Mil. TOIN's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2025 was 17.15%.

The historical rank and industry rank for TOIN's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

TSE:7923' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.98   Med: 5.35   Max: 18.87
Current: 14.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of TOIN was 18.87%. The lowest was -4.98%. And the median was 5.35%.

TSE:7923's Earnings Yield (Joel Greenblatt) % is not ranked
in the Packaging & Containers industry.
Industry Median: 6.075 vs TSE:7923: 14.04

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) %. TOIN's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2025 was 12.68%. 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.


TOIN  (TSE:7923) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


TOIN Earnings Yield (Joel Greenblatt) % Related Terms


TOIN Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for TOIN'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.

TOIN Earnings Yield (Joel Greenblatt) % Chart

TOIN Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 -0.31 3.57 12.00 18.38

TOIN Quarterly Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.81 12.00 14.67 18.38 17.15

TSE:7923 vs SW, PKG, IP: Earnings Yield (Joel Greenblatt) % Comparison

For the Packaging & Containers subindustry, TOIN'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.


TOIN Earnings Yield (Joel Greenblatt) % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TOIN's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where TOIN's Earnings Yield (Joel Greenblatt) % falls into.


TSE:7923
50GF Score
TOIN Corp TSE:7923
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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TOIN 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.

TOINs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=867.506/4718.926713
=18.38 %

TOIN's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,019 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 17.15% mean?
TOIN (TSE:7923) has a Earnings Yield (Joel Greenblatt) % of 17.15% as of Sep. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on TOIN and its competitors. This is 221% above median its historical median of 5.35.
Is TOIN's Earnings Yield (Joel Greenblatt) % too high?
TOIN's current Earnings Yield (Joel Greenblatt) % of 17.15% is 221% above median its 10-year median of 5.35. The Packaging & Containers industry median Earnings Yield (Joel Greenblatt) % is 6.08. TOIN's value of 17.15% is 182.3% above this industry median. Overall, TOIN has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does TOIN's Earnings Yield (Joel Greenblatt) % compare to SW and PKG?
TOIN's Earnings Yield (Joel Greenblatt) % of 17.15% can be compared against companies in the Packaging & Containers industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.08. TOIN's value of 17.15% is 182.3% above this benchmark. While the company's 10-year median is 5.35 vs. the industry median of 6.08, TOIN 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 Packaging & Containers company?
The median Earnings Yield (Joel Greenblatt) % among Packaging & Containers companies is 6.08, based on 420 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. TOIN's current Earnings Yield (Joel Greenblatt) % of 17.15% is 182.3% 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 TOIN and its competitors. For the Packaging & Containers industry, the median Earnings Yield (Joel Greenblatt) % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOIN's current Earnings Yield (Joel Greenblatt) % is 17.15%, which is 221% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOIN stock overvalued right now?
TOIN (TSE:7923) has a current Earnings Yield (Joel Greenblatt) % of 17.15%. The stock's GF Value™ is 円719.30, compared to a current price of 円1,178.00 — trading 63.8% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 17.15%, which is 221% above median its 10-year median of 5.35 and 182.3% above the Packaging & Containers industry median of 6.08. TOIN's overall GF Score™ is 50/100 with 8 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 TOIN (TSE:7923), the current Earnings Yield (Joel Greenblatt) % is 17.15% as of Sep. 2025. 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 TOIN (TSE:7923) Overvalued in 2026?

Based on GuruFocus' analysis, TOIN stock appears to be overvalued. The current stock price of 円1,178.00 is trading 63.8% above its estimated GF Value™ of 円719.30.

Key valuation signals for TSE:7923:

  • Earnings Yield (Joel Greenblatt) %: 17.15% (221% above median its 10-year median of 5.35)
  • GF Value™: 円719.30 vs. price of 円1,178.00 (63.8% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 182.3% above the Packaging & Containers median

No single metric tells the full story. See the TSE:7923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOIN Business Description

Address 1-4-2 Kameido, Koto-ku, Tokyo, JPN
TOIN Corp is engaged in manufacturing of paper containers like food, confectionary, cosmetics, pharmaceuticals, and resin packages. The company is also engaged in the manufacture and sale of labels, contract packaging of quasi-drugs, and food, and precision coating contract work for electronic equipment components such as functional films, and is working to expand its business in a diversified manner based on printing technology.
50GF Score

Get the complete analysis for TSE:7923

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,178.00
Price
円719.30
GF Value