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Exxaro ResourcesEXXAF 87 Earnings Yield (Joel Greenblatt) % is 28.82% as of Dec. 2025, which is 32% above its 10-year median of 21.78. GuruFocus rates EXXAF with a GF Score™ of 87/100 and a GF Value™ of $11.51 (Fairly Valued). The stock has 4 warning signs investors should review. Among 186 Other Energy Sources companies, Exxaro Resources ranks better than 95.16% on this metric.
Exxaro Resources's Enterprise Value for the quarter that ended in Dec. 2025 was $2,680 Mil.
Exxaro Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $771 Mil. Exxaro Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 28.82%.
The historical rank and industry rank for Exxaro Resources's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
EXXAF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.8 Med: 21.78 Max: 54.45
Current: 25.97
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Exxaro Resources was 54.45%. The lowest was 5.80%. And the median was 21.78%.
EXXAF's Earnings Yield (Joel Greenblatt) % is ranked better than 95.16% of 186
companies
in the Other Energy Sources industry
Industry Median: 0.615
vs EXXAF: 25.97
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) %. Exxaro Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 16.73%. 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.
Exxaro Resources Earnings Yield (Joel Greenblatt) % Related Terms
Exxaro Resources Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Exxaro Resources'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.
EXXAF vs CNR: Earnings Yield (Joel Greenblatt) % Comparison
For the Thermal Coal subindustry, Exxaro Resources'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.
Exxaro Resources Earnings Yield (Joel Greenblatt) % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Exxaro Resources's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Exxaro Resources'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.
Exxaro Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 28.82% mean?
Exxaro Resources (EXXAF) has a Earnings Yield (Joel Greenblatt) % of 28.82% 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 Exxaro Resources and its competitors. This is 32% above median its historical median of 21.78. Over the past decade, Exxaro Resources' Earnings Yield (Joel Greenblatt) % has ranged from 5.80 to 54.45. According to the industry distribution chart, Exxaro Resources ranks #9 out of 186 companies in the Other Energy Sources industry, placing it in the top 4.8%.
Is Exxaro Resources' Earnings Yield (Joel Greenblatt) % too high?
Exxaro Resources' current Earnings Yield (Joel Greenblatt) % of 28.82% is 32% above median its 10-year median of 21.78. Over the past 10 years, this metric has ranged from a low of 5.80 to a high of 54.45. The Other Energy Sources industry median Earnings Yield (Joel Greenblatt) % is 0.62. Exxaro Resources' value of 28.82% is 4586.2% above this industry median. Based on the distribution chart, Exxaro Resources ranks #9 out of 186 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Exxaro Resources has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exxaro Resources' Earnings Yield (Joel Greenblatt) % compare to CNR?
According to the Other Energy Sources industry distribution chart, Exxaro Resources ranks #9 out of 186 companies for Earnings Yield (Joel Greenblatt) %. This places Exxaro Resources in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 0.62. Exxaro Resources' value of 28.82% is 4586.2% above this benchmark. Historically, Exxaro Resources' own Earnings Yield (Joel Greenblatt) % has ranged from 5.80 to 54.45 over the past decade. While the company's 10-year median is 21.78 vs. the industry median of 0.62, Exxaro Resources has consistently been above the industry average. 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 an Other Energy Sources company?
The median Earnings Yield (Joel Greenblatt) % among Other Energy Sources companies is 0.62, based on 186 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exxaro Resources's current Earnings Yield (Joel Greenblatt) % of 28.82% is 4586.2% above the industry median. 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 Exxaro Resources and its competitors. For the Other Energy Sources industry, the median Earnings Yield (Joel Greenblatt) % is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxaro Resources's current Earnings Yield (Joel Greenblatt) % is 28.82%, which is 32% above median its own 10-year median of 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxaro Resources stock overvalued right now?
Based on GuruFocus' analysis, Exxaro Resources (EXXAF) is currently considered Fairly Valued. The stock's GF Value™ is $11.51, compared to a current price of $12.45 — trading 8.2% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 28.82%, which is 32% above median its 10-year median of 21.78 and 4586.2% above the Other Energy Sources industry median of 0.62. Exxaro Resources' overall GF Score™ is 87/100 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 Exxaro Resources (EXXAF), the current Earnings Yield (Joel Greenblatt) % is 28.82% 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 Exxaro Resources (EXXAF) Overvalued in 2026?
Based on GuruFocus' analysis, Exxaro Resources stock appears to be overvalued.
The current stock price of $12.45 is trading 8.2% above its estimated GF Value™ of $11.51.
GuruFocus considers Exxaro Resources to be Fairly Valued.
Key valuation signals for EXXAF:
Earnings Yield (Joel Greenblatt) %: 28.82% (32% above median its 10-year median of 21.78)
GF Value™: $11.51 vs. price of $12.45 (8.2% above fair value)
Industry Position: 4586.2% above the Other Energy Sources median (#9 of 186)
No single metric tells the full story. See the EXXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Energy, Metals, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal, Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom; and Others comprises of the other coal affiliated operation. Geographically, the company derives majority of its revenue from the RSA region ( Republic of South Africa).
87GF Score
Get the complete analysis for EXXAF
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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