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BKRRF (Blackrock Silver) Earnings Yield (Joel Greenblatt) % : -9.43% (As of Jul. 2024)


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What is Blackrock Silver Earnings Yield (Joel Greenblatt) %?

Blackrock Silver's Enterprise Value for the quarter that ended in Jul. 2024 was $41.41 Mil. Blackrock Silver's EBIT for the trailing twelve months (TTM) ended in Jul. 2024 was $-4.24 Mil. Blackrock Silver's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2024 was -9.43%.

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

BKRRF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -51.88   Med: 0   Max: 0
Current: -5.56

BKRRF's Earnings Yield (Joel Greenblatt) % is ranked better than
63.8% of 2652 companies
in the Metals & Mining industry
Industry Median: -12.16 vs BKRRF: -5.56

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) %. Blackrock Silver's Forward Rate of Return (Yacktman) % for the quarter that ended in Jul. 2024 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.


Blackrock Silver Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Blackrock 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.

* Premium members only.

Blackrock Silver Earnings Yield (Joel Greenblatt) % Chart

Blackrock Silver Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.39 -15.90 -20.49 -23.31 -11.21

Blackrock Silver Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -12.27 -11.21 -12.02 -7.91 -9.43

Competitive Comparison of Blackrock Silver's Earnings Yield (Joel Greenblatt) %

For the Other Precious Metals & Mining subindustry, Blackrock 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.


Blackrock Silver's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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



Blackrock 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.

Blackrock Silvers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-4.366/37.7590639
=-11.56 %

Blackrock Silver's EBIT for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.24 Mil.



Blackrock Silver  (OTCPK:BKRRF) 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.


Blackrock Silver Earnings Yield (Joel Greenblatt) % Related Terms

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Blackrock Silver Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Blackrock Silver Corp is engaged in the acquisition, exploration and development of mineral properties located in Canada and the United States. The company is focused on its Nevada portfolio of properties consisting of low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in Nevada and the Walker Lane trend in Western Nevada. The Tonopah West is the highest-grade undeveloped silver project located in the Walker Lane trend of Western Nevada.

Blackrock Silver Headlines