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Eldorado GoldEGO -5.31%82 Earnings Yield (Joel Greenblatt) % is 8.84% as of Jun. 2026, which is 28% above its 10-year median of 6.93. GuruFocus rates EGO with a GF Score™ of 82/100 and a GF Value™ of $29.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,672 Metals & Mining companies, Eldorado Gold ranks better than 85.89% on this metric.
Eldorado Gold's Enterprise Value for the quarter that ended in Jun. 2026 was $9,320 Mil.
Eldorado Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $844 Mil. Eldorado Gold's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.84%.
The historical rank and industry rank for Eldorado Gold's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
EGO'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -82.82 Med: 6.93 Max: 16.79
Current: 6.44
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Eldorado Gold was 16.79%. The lowest was -82.82%. And the median was 6.93%.
EGO's Earnings Yield (Joel Greenblatt) % is ranked better than 85.89% of 2672
companies
in the Metals & Mining industry
Industry Median: -6.305
vs EGO: 6.44
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) %. Eldorado Gold's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 18.16%. 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.
Eldorado Gold Earnings Yield (Joel Greenblatt) % Related Terms
Eldorado Gold Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Eldorado Gold'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.
EGO vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, Eldorado Gold'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.
Eldorado Gold Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Eldorado Gold'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.
Eldorado Golds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Eldorado Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $844 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 8.84% mean?
Eldorado Gold (EGO) has a Earnings Yield (Joel Greenblatt) % of 8.84% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Eldorado Gold and its competitors. This is 28% above median its historical median of 6.93. According to the industry distribution chart, Eldorado Gold ranks #377 out of 2672 companies in the Metals & Mining industry, placing it in the top 14.1%.
Is Eldorado Gold's Earnings Yield (Joel Greenblatt) % too high?
Eldorado Gold's current Earnings Yield (Joel Greenblatt) % of 8.84% is 28% above median its 10-year median of 6.93. Based on the distribution chart, Eldorado Gold ranks #377 out of 2672 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Eldorado Gold has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #377 out of 2672 companies for Earnings Yield (Joel Greenblatt) %. This places Eldorado Gold in the top 14% 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 Eldorado Gold and its competitors. Eldorado Gold's current Earnings Yield (Joel Greenblatt) % is 8.84%, which is 28% above median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.04, compared to a current price of $45.48 — trading 56.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.84%, which is 28% above median its 10-year median of 6.93. Eldorado Gold's overall GF Score™ is 82/100 with 4 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 Eldorado Gold (EGO), the current Earnings Yield (Joel Greenblatt) % is 8.84% as of Jun. 2026. 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 Eldorado Gold (EGO) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued.
The current stock price of $45.48 is trading 56.6% above its estimated GF Value™ of $29.04.
GuruFocus considers Eldorado Gold to be Significantly Overvalued.
Key valuation signals for EGO:
Earnings Yield (Joel Greenblatt) %: 8.84% (28% above median its 10-year median of 6.93)
GF Value™: $29.04 vs. price of $45.48 (56.6% above fair value)
No single metric tells the full story. See the EGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
82GF Score
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