Global Gold (Global Gold) Earnings Yield (Joel Greenblatt) % : -21.93% (As of Jun. 2017)

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What is Global Gold Earnings Yield (Joel Greenblatt) %?

Global Gold's Enterprise Value for the quarter that ended in Jun. 2017 was $6.61 Mil. Global Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $-1.43 Mil. Global Gold's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2017 was -21.93%.

The historical rank and industry rank for Global Gold's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

GBGD's Earnings Yield (Joel Greenblatt) % is not ranked ^*
in the Metals & Mining industry.
Industry Median: -11.525
* 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) %. Global Gold's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2017 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.

Global Gold Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Global 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.

* Premium members only.

Global Gold Earnings Yield (Joel Greenblatt) % Chart

Global Gold Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Earnings Yield (Joel Greenblatt) %

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-16.95

-23.09

-56.82

-49.02

-20.00

Global Gold Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-35.71	-25.91	-20.00	-25.51	-21.93

Competitive Comparison of Global Gold's Earnings Yield (Joel Greenblatt) %

For the Gold subindustry, Global 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.

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

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

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

Global Gold 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.

Global Golds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-1.385	/	7.02008
	=	-19.73 %

Global Gold's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.43 Mil.

Global Gold (OTCPK:GBGD) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Global Gold Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Global Gold's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Gold (Global Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Gold Corp (OTCPK:GBGD) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 Theodore Fremd Avenue, Suite C208, Rye, NY, USA, 10580

Website

http://www.globalgoldcorp.com

Global Gold Corp is an exploration-stage company. It operates as an international gold mining, development, and exploration company with mining properties in Armenia, Canada, and Chile. Business activity of the firm is functioned through the production of gold, silver and other precious metals segment. The company holds interests in the Toukhmanuk property in the North Central Armenian Belt; and Hankavan and Marjan properties located in Armenia. It also holds a royalty interest in the Cochrane Pond property in Newfoundland, Canada.

Executives

Farallon Capital Institutional Partners, L.p.	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON PARTNERS, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard H. Voon	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C. ONE MARITIME PLAZA, SUITE 2100 SAN FRANCISCO CA 94111
Daniel J. Hirsch	10 percent owner, other: Member of Group Owning 10%	748 DIAMOND STREET, SAN FRANCISCO CA 94114
Ashish H Pant	10 percent owner, other: Member of Group Owning 10%	390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Douglas M Macmahon	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., 390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Spokes Andrew J M	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Jason E Moment	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Offshore Investors Ii, L.p.	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Rajiv A Patel	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
William F Duhamel	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard B Fried	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Monica R Landry	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Mark C Wehrly	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Stephen L Millham	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Institutional Partners Iii Lp	10 percent owner, other: Member of Group Owning 10%	C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111

Global Gold (Global Gold) Headlines

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