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Asante GoldASGOF -3.58%38 Earnings Yield (Joel Greenblatt) % is -25.25% as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 38/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,659 Metals & Mining companies, Asante Gold ranks worse than 83.64% on this metric.
Asante Gold's Enterprise Value for the quarter that ended in Mar. 2026 was $984.6 Mil.
Asante Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-244.8 Mil. Asante Gold's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -25.25%.
The historical rank and industry rank for Asante Gold's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASGOF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -40.74 Med: -24.64 Max: -6.16
Current: -34.25
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Asante Gold was -6.16%. The lowest was -40.74%. And the median was -24.64%.
ASGOF's Earnings Yield (Joel Greenblatt) % is ranked worse than 83.64% of 2659
companies
in the Metals & Mining industry
Industry Median: -6.91
vs ASGOF: -34.25
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) %. Asante Gold's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
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.
Asante Gold Earnings Yield (Joel Greenblatt) % Related Terms
Asante Gold Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Asante Gold'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.
ASGOF vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, Asante Gold'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.
Asante Gold Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Asante Gold's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Asante Golds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2024 is calculated as
Asante Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-244.8 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -25.25% mean?
Asante Gold (ASGOF) has a Earnings Yield (Joel Greenblatt) % of -25.25% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Asante Gold and its competitors. According to the industry distribution chart, Asante Gold ranks #2224 out of 2659 companies in the Metals & Mining industry, placing it in the top 83.6%.
Is Asante Gold's Earnings Yield (Joel Greenblatt) % too high?
Asante Gold's current Earnings Yield (Joel Greenblatt) % is -25.25%. Based on the distribution chart, Asante Gold ranks #2224 out of 2659 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Asante Gold has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #2224 out of 2659 companies for Earnings Yield (Joel Greenblatt) %. This places Asante Gold in the lower half of its industry. 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 Asante Gold and its competitors. Asante Gold's current Earnings Yield (Joel Greenblatt) % is -25.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.56 — trading 44.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -25.25%. Asante Gold's overall GF Score™ is 38/100 with 5 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 Asante Gold (ASGOF), the current Earnings Yield (Joel Greenblatt) % is -25.25% as of Mar. 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 Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.56 is trading 44.8% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Earnings Yield (Joel Greenblatt) %: -25.25%
GF Value™: $1.02 vs. price of $0.56 (44.8% below fair value)
No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
38GF Score
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