Franklin Mining (Franklin Mining) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2002)

Franklin Mining Earnings Yield (Joel Greenblatt) % Chart

Franklin Mining Annual Data
	Trend	Dec92	Dec93	Dec94	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-	-	-	-	-70.92

Franklin Mining Quarterly Data
	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Franklin Mining's Earnings Yield (Joel Greenblatt) %

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.

Franklin Mining's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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

Franklin Mining 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.

Franklin Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2001 is calculated as

Franklin Mining's EBIT for the trailing twelve months (TTM) ended in Sep. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 Mil.

Franklin Mining  (OTCPK:FMNJ) 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.

Franklin Mining Earnings Yield (Joel Greenblatt) % Related Terms

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Franklin Mining (Franklin Mining) Business Description