ECPN (El Capitan Precious Metals) Earnings Yield (Joel Greenblatt) %: -28.41% (As of Sep. 2017)

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What is El Capitan Precious Metals Earnings Yield (Joel Greenblatt) %?

El Capitan Precious Metals ECPN Earnings Yield (Joel Greenblatt) % is -28.41% as of Sep. 2017.

El Capitan Precious Metals's Enterprise Value for the quarter that ended in Sep. 2017 was $18.61 Mil. El Capitan Precious Metals's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $-5.02 Mil. El Capitan Precious Metals's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2017 was -28.41%.

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

ECPN's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -6.51
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. El Capitan Precious Metals's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2017 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.


El Capitan Precious Metals  (OTCPK:ECPN) 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.


El Capitan Precious Metals Earnings Yield (Joel Greenblatt) % Related Terms


El Capitan Precious Metals Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for El Capitan Precious Metals'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.

El Capitan Precious Metals Earnings Yield (Joel Greenblatt) % Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.67 -5.52 -13.62 -11.93 -28.41

El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -18.21 -16.78 -21.79 -28.41

ECPN vs MAGE: Earnings Yield (Joel Greenblatt) % Comparison

For the Other Precious Metals & Mining subindustry, El Capitan Precious Metals'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.


El Capitan Precious Metals Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry

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

* The bar in red indicates where El Capitan Precious Metals's Earnings Yield (Joel Greenblatt) % falls into.



El Capitan Precious Metals 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.

El Capitan Precious Metalss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-5.023/18.6113148
=-26.99 %

El Capitan Precious Metals's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.02 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -28.41% mean?
El Capitan Precious Metals (ECPN) has a Earnings Yield (Joel Greenblatt) % of -28.41% as of Sep. 2017. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on El Capitan Precious Metals and its competitors.
Is El Capitan Precious Metals' Earnings Yield (Joel Greenblatt) % too high?
El Capitan Precious Metals' current Earnings Yield (Joel Greenblatt) % is -28.41%.
How does El Capitan Precious Metals' Earnings Yield (Joel Greenblatt) % compare to MAGE?
El Capitan Precious Metals' Earnings Yield (Joel Greenblatt) % of -28.41% can be compared against companies in the Metals & Mining 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 El Capitan Precious Metals and its competitors. El Capitan Precious Metals's current Earnings Yield (Joel Greenblatt) % is -28.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Capitan Precious Metals stock overvalued right now?
El Capitan Precious Metals (ECPN) has a current Earnings Yield (Joel Greenblatt) % of -28.41%. The current Earnings Yield (Joel Greenblatt) % is -28.41%. 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 El Capitan Precious Metals (ECPN), the current Earnings Yield (Joel Greenblatt) % is -28.41% as of Sep. 2017. 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.

El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.