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GHVNF (GoldHaven Resources) Earnings Yield (Joel Greenblatt) % : -43.48% (As of Apr. 2025)


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What is GoldHaven Resources Earnings Yield (Joel Greenblatt) %?

GoldHaven Resources's Enterprise Value for the quarter that ended in Apr. 2025 was $1.71 Mil. GoldHaven Resources's EBIT for the trailing twelve months (TTM) ended in Apr. 2025 was $-0.76 Mil. GoldHaven Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2025 was -43.48%.

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

GHVNF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.75   Med: 0   Max: 0
Current: -23.09

GHVNF's Earnings Yield (Joel Greenblatt) % is ranked worse than
70.31% of 2624 companies
in the Metals & Mining industry
Industry Median: -9.885 vs GHVNF: -23.09

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) %. GoldHaven Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 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.


GoldHaven Resources Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for GoldHaven 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.

* Premium members only.

GoldHaven Resources Earnings Yield (Joel Greenblatt) % Chart

GoldHaven Resources Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -3.90 -17.89 -46.95 -123.46 -50.76

GoldHaven Resources Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.38 -50.76 -84.03 -9.06 -43.48

Competitive Comparison of GoldHaven Resources's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, GoldHaven 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.


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

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

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


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GoldHaven Resources 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.

GoldHaven Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.472/0.5309428
=-88.90 %

GoldHaven Resources's EBIT for the trailing twelve months (TTM) ended in Apr. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.76 Mil.



GoldHaven Resources  (OTCPK:GHVNF) 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.


GoldHaven Resources Earnings Yield (Joel Greenblatt) % Related Terms

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GoldHaven Resources Business Description

Traded in Other Exchanges
Address
2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
GoldHaven Resources Corp is a Canadian Junior exploration company engaged in the identification, acquisition, and exploration of mineral resources in Canada. Its projects include Magno Project and Three Guardsman Project. The Company has two reportable geographical segments. Canada is the Company's principal operating business and the Canadian corporate office.