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West African ResourcesASX:WAF +2.09%95 Earnings Yield (Joel Greenblatt) % is 25.19% as of Dec. 2025, which is 24% above its 10-year median of 20.38. GuruFocus rates ASX:WAF with a GF Score™ of 95/100 and a GF Value™ of A$4.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,658 Metals & Mining companies, West African Resources ranks better than 97.18% on this metric.
West African Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$3,326 Mil.
West African Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$838 Mil. West African Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 25.19%.
The historical rank and industry rank for West African Resources's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
ASX:WAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.82 Med: 20.38 Max: 49.04
Current: 26.3
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of West African Resources was 49.04%. The lowest was 9.82%. And the median was 20.38%.
ASX:WAF's Earnings Yield (Joel Greenblatt) % is ranked better than 97.18% of 2658
companies
in the Metals & Mining industry
Industry Median: -6.99
vs ASX:WAF: 26.30
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) %. West African Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 21.50%. 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.
West African Resources (ASX:WAF) 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.
West African Resources Earnings Yield (Joel Greenblatt) % Related Terms
West African Resources Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for West African 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.
West African Resources Earnings Yield (Joel Greenblatt) % Chart
ASX:WAF vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, West African 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.
West African Resources Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where West African Resources's Earnings Yield (Joel Greenblatt) % falls into.
West African 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.
West African Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 25.19% mean?
West African Resources (ASX:WAF) has a Earnings Yield (Joel Greenblatt) % of 25.19% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on West African Resources and its competitors. This is 24% above median its historical median of 20.38. Over the past decade, West African Resources' Earnings Yield (Joel Greenblatt) % has ranged from 9.82 to 49.04. According to the industry distribution chart, West African Resources ranks #75 out of 2658 companies in the Metals & Mining industry, placing it in the top 2.8%.
Is West African Resources' Earnings Yield (Joel Greenblatt) % too high?
West African Resources' current Earnings Yield (Joel Greenblatt) % of 25.19% is 24% above median its 10-year median of 20.38. Over the past 10 years, this metric has ranged from a low of 9.82 to a high of 49.04. Based on the distribution chart, West African Resources ranks #75 out of 2658 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, West African Resources has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #75 out of 2658 companies for Earnings Yield (Joel Greenblatt) %. This places West African Resources in the top 3% of its industry — outperforming the majority of peers. Historically, West African Resources' own Earnings Yield (Joel Greenblatt) % has ranged from 9.82 to 49.04 over the past decade. 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 West African Resources and its competitors. West African Resources's current Earnings Yield (Joel Greenblatt) % is 25.19%, which is 24% above median its own 10-year median of 20.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.65, compared to a current price of A$2.93 — trading 37% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 25.19%, which is 24% above median its 10-year median of 20.38. West African Resources' overall GF Score™ is 95/100 with 3 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 West African Resources (ASX:WAF), the current Earnings Yield (Joel Greenblatt) % is 25.19% as of Dec. 2025. 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 West African Resources (ASX:WAF) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of A$2.93 is trading 37% below its estimated GF Value™ of A$4.65.
GuruFocus considers West African Resources to be Significantly Undervalued.
Key valuation signals for ASX:WAF:
Earnings Yield (Joel Greenblatt) %: 25.19% (24% above median its 10-year median of 20.38)
GF Value™: A$4.65 vs. price of A$2.93 (37% below fair value)
No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
95GF 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.
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