LODE (Comstock) Earnings Yield (Joel Greenblatt) %: -20.24% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LODE Comstock Inc LODE
48 GF Score
Price $3.92
GF Value $0.74
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Comstock Earnings Yield (Joel Greenblatt) %?

Comstock LODE -0.51% 48 Earnings Yield (Joel Greenblatt) % is -20.24% as of Mar. 2026. GuruFocus rates LODE with a GF Score™ of 48/100 and a GF Value™ of $0.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,666 Metals & Mining companies, Comstock ranks worse than 68.15% on this metric.

Comstock's Enterprise Value for the quarter that ended in Mar. 2026 was $207.81 Mil. Comstock's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-42.04 Mil. Comstock's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -20.24%.

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

LODE' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -138.77   Med: -28.59   Max: 94.92
Current: -15.04

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Comstock was 94.92%. The lowest was -138.77%. And the median was -28.59%.

LODE's Earnings Yield (Joel Greenblatt) % is ranked worse than
68.15% of 2666 companies
in the Metals & Mining industry
Industry Median: -6.975 vs LODE: -15.04

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) %. Comstock's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 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.


Comstock  (AMEX:LODE) 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.


Comstock Earnings Yield (Joel Greenblatt) % Related Terms


Comstock Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Comstock'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.

Comstock Earnings Yield (Joel Greenblatt) % Chart

Comstock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.59 -131.58 23.04 -25.06 -19.46

Comstock Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -54.95 -37.59 -28.74 -19.46 -20.24

LODE vs GORO, THMG, ACRG: Earnings Yield (Joel Greenblatt) % Comparison

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


Comstock Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry

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

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


LODE
48GF Score
Comstock Inc LODE
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comstock 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.

Comstocks Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-41.239/212.05028
=-19.45 %

Comstock's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-42.04 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -20.24% mean?
Comstock (LODE) has a Earnings Yield (Joel Greenblatt) % of -20.24% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Comstock and its competitors. According to the industry distribution chart, Comstock ranks #1817 out of 2666 companies in the Metals & Mining industry, placing it in the top 68.2%.
Is Comstock's Earnings Yield (Joel Greenblatt) % too high?
Comstock's current Earnings Yield (Joel Greenblatt) % is -20.24%. Based on the distribution chart, Comstock ranks #1817 out of 2666 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Comstock has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comstock's Earnings Yield (Joel Greenblatt) % compare to GORO and THMG?
According to the Metals & Mining industry distribution chart, Comstock ranks #1817 out of 2666 companies for Earnings Yield (Joel Greenblatt) %. This places Comstock in the lower half of its industry. 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 Comstock and its competitors. Comstock's current Earnings Yield (Joel Greenblatt) % is -20.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comstock stock overvalued right now?
Based on GuruFocus' analysis, Comstock (LODE) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.74, compared to a current price of $3.92 — trading 429.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -20.24%. Comstock's overall GF Score™ is 48/100 with 5 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 Comstock (LODE), the current Earnings Yield (Joel Greenblatt) % is -20.24% as of Mar. 2026. 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.

Is Comstock (LODE) Overvalued in 2026?

Based on GuruFocus' analysis, Comstock stock appears to be overvalued. The current stock price of $3.92 is trading 429.7% above its estimated GF Value™ of $0.74. GuruFocus considers Comstock to be Significantly Overvalued.

Key valuation signals for LODE:

  • Earnings Yield (Joel Greenblatt) %: -20.24%
  • GF Value™: $0.74 vs. price of $3.92 (429.7% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the LODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comstock Business Description

Other Exchanges GSP0:Germany
Address 117 American Flat Road, Virginia City, NV, USA, 89440
Comstock Inc commercializes technologies that convert underutilized waste and natural resources into clean energy and supporting products, including electrification, metals, and minerals from end-of-life solar panels. Its subsidiary focuses on producing renewable fuels from waste, energy crops, and woody biomass, supported by facilities in Wisconsin, pilot farms, a biorefinery site in Tulsa, and solar panel recycling operations in Nevada. The Company operates through two high-growth segments and a corporate segment, with its activities grouped into Metals, which generates the majority of revenue, Fuels, Mining, Strategic Investments, and Corporate Services.
48GF Score

Get the complete analysis for LODE

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.92
Price
$0.74
GF Value