What is Stillwater Mining Co Earnings Yield (Joel Greenblatt) %?
Stillwater Mining Co's Enterprise Value for the quarter that ended in Dec. 2016 was $1,777.8 Mil.
Stillwater Mining Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was $29.6 Mil. Stillwater Mining Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 1.67%.
The historical rank and industry rank for Stillwater Mining Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SWC's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -12.335 * Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.
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) %. Stillwater Mining Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2016 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.
Stillwater Mining Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Stillwater Mining Co'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.
Stillwater Mining Co Earnings Yield (Joel Greenblatt) % Chart
For the Other Industrial Metals & Mining subindustry, Stillwater Mining Co'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.
Stillwater Mining Co's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Stillwater Mining Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Stillwater Mining Co's Earnings Yield (Joel Greenblatt) % falls into.
Stillwater Mining Co 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.
Stillwater Mining Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as
Stillwater Mining Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.6 Mil.
Stillwater Mining Co (NYSE:SWC) 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.
Stillwater Mining Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Stillwater Mining Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Stillwater Mining Co (Stillwater Mining Co) Business Description
Stillwater Mining Company is the only platinum-group metals miner in the United States, and one of the producers outside of South Africa and the Russian Federation. The company is engaged in the development, extraction, and processing of platinum-group metals from a geological formation in south-central Montana known as the J-M Reef. Platinum-group metals are rare precious metals used in a wide variety of applications, including automobile catalysts, fuel cells, hydrogen purification, electronics, jewellery, dentistry, medicine, and coinage. The company also recycles the metals from catalytic converters and other industrial sources. It has Mine production, PGM recycling, Canadian properties, South American properties and All other. Mine production segment engages in the development, extraction, processing and refining of PGMs. The PGM catalyst segment recycles spent catalyst material to recover PGM contained in the material. The Canadian properties segment consists primarily marathon mineral property assets. The exploration stage Marathon mineral properties include PGM and copper deposit located near town of Marathon and Ontario and properties adjacent to Marathon. The South American properties segment includes Peregrine metals Ltd assets. All other segment covers assets including investments, revenues, expenses of corporate and support functions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SWC has been successfully added to your 