AG (First Majestic Silver) Earnings Yield (Joel Greenblatt) %: 9.70% (As of Jun. 2026)

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AG First Majestic Silver Corp AG
60 GF Score
Price $19.26
GF Value $11.64
Valuation Significantly Overvalued
! 2 Warning Signs
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What is First Majestic Silver Earnings Yield (Joel Greenblatt) %?

First Majestic Silver AG +2.56% 60 Earnings Yield (Joel Greenblatt) % is 9.70% as of Jun. 2026. GuruFocus rates AG with a GF Score™ of 60/100 and a GF Value™ of $11.64 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,663 Metals & Mining companies, First Majestic Silver ranks better than 89.07% on this metric.

First Majestic Silver's Enterprise Value for the quarter that ended in Jun. 2026 was $7,847 Mil. First Majestic Silver's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $782 Mil. First Majestic Silver's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.70%.

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

AG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.22   Med: -1.57   Max: 11
Current: 8.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of First Majestic Silver was 11.00%. The lowest was -23.22%. And the median was -1.57%.

AG's Earnings Yield (Joel Greenblatt) % is ranked better than
89.07% of 2663 companies
in the Metals & Mining industry
Industry Median: -6.51 vs AG: 8.70

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) %. First Majestic Silver's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. 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.


First Majestic Silver  (NYSE:AG) 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.


First Majestic Silver Earnings Yield (Joel Greenblatt) % Related Terms


First Majestic Silver Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for First Majestic Silver'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.

First Majestic Silver Earnings Yield (Joel Greenblatt) % Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 -2.07 -9.99 -0.66 5.19

First Majestic Silver Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.45 2.77 5.19 6.06 9.70

AG vs EXK: Earnings Yield (Joel Greenblatt) % Comparison

For the Silver subindustry, First Majestic Silver'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.


First Majestic Silver Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry

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

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


AG
60GF Score
First Majestic Silver Corp AG
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Majestic Silver 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.

First Majestic Silvers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=409.826/7932.30452
=5.17 %

First Majestic Silver's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $782 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.70% mean?
First Majestic Silver (AG) has a Earnings Yield (Joel Greenblatt) % of 9.70% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on First Majestic Silver and its competitors. According to the industry distribution chart, First Majestic Silver ranks #291 out of 2663 companies in the Metals & Mining industry, placing it in the top 10.9%.
Is First Majestic Silver's Earnings Yield (Joel Greenblatt) % too high?
First Majestic Silver's current Earnings Yield (Joel Greenblatt) % is 9.70%. Based on the distribution chart, First Majestic Silver ranks #291 out of 2663 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Majestic Silver has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Earnings Yield (Joel Greenblatt) % compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #291 out of 2663 companies for Earnings Yield (Joel Greenblatt) %. This places First Majestic Silver in the top 11% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Earnings Yield (Joel Greenblatt) % depends on the Metals & Mining industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 First Majestic Silver and its competitors. First Majestic Silver's current Earnings Yield (Joel Greenblatt) % is 9.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (AG) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.64, compared to a current price of $19.26 — trading 65.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.70%. First Majestic Silver's overall GF Score™ is 60/100 with 2 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 First Majestic Silver (AG), the current Earnings Yield (Joel Greenblatt) % is 9.70% as of Jun. 2026. 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 First Majestic Silver (AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of $19.26 is trading 65.5% above its estimated GF Value™ of $11.64. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for AG:

  • Earnings Yield (Joel Greenblatt) %: 9.70%
  • GF Value™: $11.64 vs. price of $19.26 (65.5% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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


First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
60GF Score

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

$19.26
Price
$11.64
GF Value