Pan American Energy (Pan American Energy) Earnings Yield (Joel Greenblatt) % : -11.31% (As of Dec. 2023)

Pan American Energy Earnings Yield (Joel Greenblatt) % Chart

Pan American Energy Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr21	Mar22	Mar23
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-0.39	-1.68	-18.76	12.20	-27.40

Pan American Energy Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Apr21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-9.43	-27.40	-27.78	-24.45	-11.31

Competitive Comparison of Pan American Energy's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Pan American Energy'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.

Pan American Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pan American Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Pan American Energy 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.

Pan American Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2023 is calculated as

Pan American Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.79 Mil.

Pan American Energy  (OTCPK:PAANF) 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.

Pan American Energy Earnings Yield (Joel Greenblatt) % Related Terms

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Pan American Energy (Pan American Energy) Business Description