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Gold Standard Ventures (Gold Standard Ventures) Earnings Yield (Joel Greenblatt) % : -5.12% (As of Mar. 2022)


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What is Gold Standard Ventures Earnings Yield (Joel Greenblatt) %?

Gold Standard Ventures's Enterprise Value for the quarter that ended in Mar. 2022 was $144.32 Mil. Gold Standard Ventures's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 was $-7.64 Mil. Gold Standard Ventures's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2022 was -5.12%.

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

GSV' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.89   Med: 0   Max: 0
Current: -5.27

GSV's Earnings Yield (Joel Greenblatt) % is not ranked
in the Metals & Mining industry.
Industry Median: -12.12 vs GSV: -5.27

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) %. Gold Standard Ventures's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2022 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.


Gold Standard Ventures Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Gold Standard Ventures'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.

Gold Standard Ventures Earnings Yield (Joel Greenblatt) % Chart

Gold Standard Ventures Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.06 -2.40 -3.23 -3.94 -6.13

Gold Standard Ventures Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -5.47 -6.36 -7.40 -6.13 -5.12

Competitive Comparison of Gold Standard Ventures's Earnings Yield (Joel Greenblatt) %

For the Gold subindustry, Gold Standard Ventures'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.


Gold Standard Ventures's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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



Gold Standard Ventures 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.

Gold Standard Venturess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-8.534/140.1228
=-6.09 %

Gold Standard Ventures's EBIT for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.64 Mil.



Gold Standard Ventures  (AMEX:GSV) 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.


Gold Standard Ventures Earnings Yield (Joel Greenblatt) % Related Terms

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Gold Standard Ventures (Gold Standard Ventures) Business Description

Traded in Other Exchanges
N/A
Address
815 West Hastings Street, Suite 610, Vancouver, BC, CAN, V6C 1B4
Gold Standard Ventures Corp is an advanced stage gold exploration company. The firm engages in acquiring and exploring mineral projects, in and around Nevada for gold and other minerals. The firm focuses on obtaining discoveries at the Railroad-Pinion gold project located within Nevada's Carlin Trend and Lewis gold project located in Lander County. It also operates mining projects names Bald Mountain, North Bullion, Dark Star, and Pinion in Nevada.

Gold Standard Ventures (Gold Standard Ventures) Headlines