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SMI - Ste Metallurgique d'ImiterCAS:SMI +1.85%73 Earnings Yield (Joel Greenblatt) % is 8.77% as of Dec. 2025, which is 142% above its 10-year median of 3.62. GuruFocus rates CAS:SMI with a GF Score™ of 73/100 and a GF Value™ of MAD3,484.03 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,663 Metals & Mining companies, SMI - Ste Metallurgique d'Imiter ranks better than 84.9% on this metric.
SMI - Ste Metallurgique d'Imiter's Enterprise Value for the quarter that ended in Dec. 2025 was MAD6,734 Mil.
SMI - Ste Metallurgique d'Imiter's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD591 Mil. SMI - Ste Metallurgique d'Imiter's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 8.77%.
The historical rank and industry rank for SMI - Ste Metallurgique d'Imiter's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAS:SMI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.13 Med: 3.62 Max: 13.15
Current: 5.95
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of SMI - Ste Metallurgique d'Imiter was 13.15%. The lowest was -9.13%. And the median was 3.62%.
CAS:SMI's Earnings Yield (Joel Greenblatt) % is ranked better than 84.9% of 2663
companies
in the Metals & Mining industry
Industry Median: -7.02
vs CAS:SMI: 5.95
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) %. SMI - Ste Metallurgique d'Imiter's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
* 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.
For the Other Industrial Metals & Mining subindustry, SMI - Ste Metallurgique d'Imiter'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.
SMI - Ste Metallurgique d'Imiter Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, SMI - Ste Metallurgique d'Imiter's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where SMI - Ste Metallurgique d'Imiter'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.
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 8.77% mean?
SMI - Ste Metallurgique d'Imiter (CAS:SMI) has a Earnings Yield (Joel Greenblatt) % of 8.77% 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 SMI - Ste Metallurgique d'Imiter and its competitors. This is 142% above median its historical median of 3.62. According to the industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #402 out of 2663 companies in the Metals & Mining industry, placing it in the top 15.1%.
Is SMI - Ste Metallurgique d'Imiter's Earnings Yield (Joel Greenblatt) % too high?
SMI - Ste Metallurgique d'Imiter's current Earnings Yield (Joel Greenblatt) % of 8.77% is 142% above median its 10-year median of 3.62. Based on the distribution chart, SMI - Ste Metallurgique d'Imiter ranks #402 out of 2663 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, SMI - Ste Metallurgique d'Imiter has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMI - Ste Metallurgique d'Imiter's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #402 out of 2663 companies for Earnings Yield (Joel Greenblatt) %. This places SMI - Ste Metallurgique d'Imiter in the top 15% 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 SMI - Ste Metallurgique d'Imiter and its competitors. SMI - Ste Metallurgique d'Imiter's current Earnings Yield (Joel Greenblatt) % is 8.77%, which is 142% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMI - Ste Metallurgique d'Imiter stock overvalued right now?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter (CAS:SMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD3,484.03, compared to a current price of MAD6,046.00 — trading 73.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.77%, which is 142% above median its 10-year median of 3.62. SMI - Ste Metallurgique d'Imiter's overall GF Score™ is 73/100 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI), the current Earnings Yield (Joel Greenblatt) % is 8.77% 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI) Overvalued in 2026?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter stock appears to be overvalued.
The current stock price of MAD6,046.00 is trading 73.5% above its estimated GF Value™ of MAD3,484.03.
GuruFocus considers SMI - Ste Metallurgique d'Imiter to be Significantly Overvalued.
Key valuation signals for CAS:SMI:
Earnings Yield (Joel Greenblatt) %: 8.77% (142% above median its 10-year median of 3.62)
GF Value™: MAD3,484.03 vs. price of MAD6,046.00 (73.5% above fair value)
No single metric tells the full story. See the CAS:SMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.
73GF Score
Get the complete analysis for CAS:SMI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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