GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver One Resources Inc (OTCPK:SLVRF) » Definitions » Earnings Yield (Joel Greenblatt) %

Silver One Resources (Silver One Resources) Earnings Yield (Joel Greenblatt) % : -6.50% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Silver One Resources Earnings Yield (Joel Greenblatt) %?

Silver One Resources's Enterprise Value for the quarter that ended in Mar. 2024 was $34.35 Mil. Silver One Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.24 Mil. Silver One Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -6.50%.

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

SLVRF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.67   Med: 0   Max: 0
Current: -4.42

SLVRF's Earnings Yield (Joel Greenblatt) % is ranked better than
67.82% of 2682 companies
in the Metals & Mining industry
Industry Median: -11.62 vs SLVRF: -4.42

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) %. Silver One Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2024 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Silver One Resources Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Silver One Resources'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.

* Premium members only.

Silver One Resources Earnings Yield (Joel Greenblatt) % Chart

Silver One Resources Annual Data
Trend Oct14 Oct15 Oct16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.00 -1.68 -7.15 -7.59 -7.52

Silver One Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -5.16 -5.05 -6.33 -7.52 -6.50

Competitive Comparison of Silver One Resources's Earnings Yield (Joel Greenblatt) %

For the Silver subindustry, Silver One Resources'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.


Silver One Resources's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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



Silver One Resources 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.

Silver One Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.391/32.4554936
=-7.37 %

Silver One Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.24 Mil.



Silver One Resources  (OTCPK:SLVRF) 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.


Silver One Resources Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Silver One Resources's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Silver One Resources (Silver One Resources) Business Description

Traded in Other Exchanges
Address
200-550 Denman Street, Vancouver, BC, CAN, V6G3H1
Silver One Resources Inc is engaged in the acquisition, exploration and development of mineral properties. It holds interest in the Candelaria silver project located in Nevada and has claims staked in eastern Nevada, including the Cherokee project. The company also has an option agreement to acquire 100% interest in the Phoenix Silver property in Arizona.

Silver One Resources (Silver One Resources) Headlines

From GuruFocus