DRD (DRDGold) Earnings Yield (Joel Greenblatt) %: 16.31% (As of Jun. 2025) — 82% Above Median

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DRD DRDGold Ltd DRD
97 GF Score
Price $20.86
GF Value $21.77
Valuation Fairly Valued
! 1 Warning Sign
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What is DRDGold Earnings Yield (Joel Greenblatt) %?

DRDGold DRD +3.47% 97 Earnings Yield (Joel Greenblatt) % is 16.31% as of Jun. 2025, which is 82% above its 10-year median of 8.97. GuruFocus rates DRD with a GF Score™ of 97/100 and a GF Value™ of $21.77 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,659 Metals & Mining companies, DRDGold ranks better than 91.31% on this metric.

DRDGold's Enterprise Value for the quarter that ended in Jun. 2025 was $1,078.0 Mil. DRDGold's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was $174.2 Mil. DRDGold's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2025 was 16.31%.

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

DRD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.49   Med: 8.97   Max: 30.89
Current: 10.05

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of DRDGold was 30.89%. The lowest was 0.49%. And the median was 8.97%.

DRD's Earnings Yield (Joel Greenblatt) % is ranked better than
91.31% of 2659 companies
in the Metals & Mining industry
Industry Median: -7.15 vs DRD: 10.05

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) %. DRDGold's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2025 was 16.59%. 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.


DRDGold  (NYSE:DRD) 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.


DRDGold Earnings Yield (Joel Greenblatt) % Related Terms


DRDGold Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for DRDGold'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.

DRDGold Earnings Yield (Joel Greenblatt) % Chart

DRDGold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.98 25.45 11.93 14.49 16.31

DRDGold Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Jun22 Jun23 Dec23 Jun24 Dec24 Jun25
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 11.93 0.00 14.49 0.00 16.31

DRD vs NEM, AU, RGLD: Earnings Yield (Joel Greenblatt) % Comparison

For the Gold subindustry, DRDGold'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.


DRDGold Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry

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

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


DRD
97GF Score
DRDGold Ltd DRD
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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DRDGold 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.

DRDGolds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=175.804/1078.04852
=16.31 %

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 16.31% mean?
DRDGold (DRD) has a Earnings Yield (Joel Greenblatt) % of 16.31% as of Jun. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on DRDGold and its competitors. This is 82% above median its historical median of 8.97. Over the past decade, DRDGold's Earnings Yield (Joel Greenblatt) % has ranged from 0.49 to 30.89. According to the industry distribution chart, DRDGold ranks #231 out of 2659 companies in the Metals & Mining industry, placing it in the top 8.7%.
Is DRDGold's Earnings Yield (Joel Greenblatt) % too high?
DRDGold's current Earnings Yield (Joel Greenblatt) % of 16.31% is 82% above median its 10-year median of 8.97. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 30.89. Based on the distribution chart, DRDGold ranks #231 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, DRDGold has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DRDGold's Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DRDGold ranks #231 out of 2659 companies for Earnings Yield (Joel Greenblatt) %. This places DRDGold in the top 9% of its industry — outperforming the majority of peers. Historically, DRDGold's own Earnings Yield (Joel Greenblatt) % has ranged from 0.49 to 30.89 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 DRDGold and its competitors. DRDGold's current Earnings Yield (Joel Greenblatt) % is 16.31%, which is 82% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DRDGold stock overvalued right now?
Based on GuruFocus' analysis, DRDGold (DRD) is currently considered Fairly Valued. The stock's GF Value™ is $21.77, compared to a current price of $20.86 — trading 4.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 16.31%, which is 82% above median its 10-year median of 8.97. DRDGold's overall GF Score™ is 97/100 with 1 warning sign 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 DRDGold (DRD), the current Earnings Yield (Joel Greenblatt) % is 16.31% as of Jun. 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 DRDGold (DRD) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $20.86 is trading 4.2% below its estimated GF Value™ of $21.77. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRD:

  • Earnings Yield (Joel Greenblatt) %: 16.31% (82% above median its 10-year median of 8.97)
  • GF Value™: $21.77 vs. price of $20.86 (4.2% below fair value)
  • GF Score™: 97/100 with 1 warning sign

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


DRDGold Business Description

Address Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields, and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.
97GF Score

Get the complete analysis for DRD

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

$20.86
Price
$21.77
GF Value