Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Theta Gold MinesFRA:3LM -2.91%22 Earnings Yield (Joel Greenblatt) % is 0.00% as of Dec. 2025. GuruFocus rates FRA:3LM with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 2,663 Metals & Mining companies, Theta Gold Mines ranks better than 78.3% on this metric.
Theta Gold Mines's Enterprise Value for the quarter that ended in Dec. 2025 was €101.84 Mil.
Theta Gold Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.29 Mil. Theta Gold Mines's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for Theta Gold Mines's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:3LM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.69
Current: 1.69
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Theta Gold Mines was 1.69%. The lowest was 0.00%. And the median was 0.00%.
FRA:3LM's Earnings Yield (Joel Greenblatt) % is ranked better than 78.3% of 2663
companies
in the Metals & Mining industry
Industry Median: -6.51
vs FRA:3LM: 1.69
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) %. Theta Gold Mines's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 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.
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.
Theta Gold Mines Earnings Yield (Joel Greenblatt) % Related Terms
Theta Gold Mines Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Theta Gold Mines'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.
FRA:3LM vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, Theta Gold Mines'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.
Theta Gold Mines Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Theta Gold Mines's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Theta Gold Mines'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.
Theta Gold Miness Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 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 0.00% mean?
Theta Gold Mines (FRA:3LM) has a Earnings Yield (Joel Greenblatt) % of 0.00% 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 Theta Gold Mines and its competitors. According to the industry distribution chart, Theta Gold Mines ranks #578 out of 2663 companies in the Metals & Mining industry, placing it in the top 21.7%.
Is Theta Gold Mines' Earnings Yield (Joel Greenblatt) % too high?
Theta Gold Mines' current Earnings Yield (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Theta Gold Mines ranks #578 out of 2663 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Theta Gold Mines has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Theta Gold Mines' Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Theta Gold Mines ranks #578 out of 2663 companies for Earnings Yield (Joel Greenblatt) %. This places Theta Gold Mines in the top 22% 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 Theta Gold Mines and its competitors. Theta Gold Mines's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theta Gold Mines stock overvalued right now?
Theta Gold Mines (FRA:3LM) has a current Earnings Yield (Joel Greenblatt) % of 0.00%. The current Earnings Yield (Joel Greenblatt) % is 0.00%. Theta Gold Mines' overall GF Score™ is 22/100 with 2 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 Theta Gold Mines (FRA:3LM), the current Earnings Yield (Joel Greenblatt) % is 0.00% 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.
Theta Gold Mines Ltd is a gold exploration and development company. The company holds gold assets in the South African gold mining region. The projects of the company include the TGME Project near the historic gold mining town of Pilgrims Rest in Mpumalanga Province, and other projects.
22GF Score
Get the complete analysis for FRA:3LM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:3LM has been successfully added to your 
