What is Revett Mining Co Earnings Yield (Joel Greenblatt) %?
Revett Mining Co's Enterprise Value for the quarter that ended in Mar. 2015 was €18.72 Mil.
Revett Mining Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2015 was €-51.56 Mil. Revett Mining Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was -270.27%.
The historical rank and industry rank for Revett Mining Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:RV2's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -9.31 * 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) %. Revett Mining Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2015 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.
Revett Mining Co Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Revett Mining Co'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.
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Revett Mining Co Earnings Yield (Joel Greenblatt) % Chart
For the Other Industrial Metals & Mining subindustry, Revett Mining Co'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.
Revett Mining Co's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Revett Mining Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Revett Mining Co's Earnings Yield (Joel Greenblatt) % falls into.
Revett Mining Co 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.
Revett Mining Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as
Revett Mining Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-51.56 Mil.
Revett Mining Co (FRA:RV2) 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.
Revett Mining Co Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Revett Mining Co's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Revett Mining Co Inc formerly Revett Minerals Inc., was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy an is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine operation comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations.
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