Bellzone Mining (LSE:BZM) Earnings Yield (Joel Greenblatt) %: -13.86% (As of Jun. 2018)

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What is Bellzone Mining Earnings Yield (Joel Greenblatt) %?

Bellzone Mining LSE:BZM Earnings Yield (Joel Greenblatt) % is -13.86% as of Jun. 2018. The stock has 3 warning signs investors should review.

Bellzone Mining's Enterprise Value for the quarter that ended in Jun. 2018 was £23.05 Mil. Bellzone Mining's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was £-3.20 Mil. Bellzone Mining's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2018 was -13.86%.

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

LSE:BZM' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.6   Med: 0   Max: 0
Current: -18.18

LSE:BZM's Earnings Yield (Joel Greenblatt) % is not ranked
in the Metals & Mining industry.
Industry Median: -6.67 vs LSE:BZM: -18.18

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) %. Bellzone Mining's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2018 was %. 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.


Bellzone Mining  (LSE:BZM) 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.


Bellzone Mining Earnings Yield (Joel Greenblatt) % Related Terms


Bellzone Mining Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bellzone Mining'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.

Bellzone Mining Earnings Yield (Joel Greenblatt) % Chart

Bellzone Mining Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -240.39 -236.41 -51.41 -35.47 -16.42

Bellzone Mining Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -48.43 -32.54 -11.64 -13.91 -13.86

Bellzone Mining Earnings Yield (Joel Greenblatt) % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bellzone Mining'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.


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

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

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



Bellzone Mining 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.

Bellzone Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2017 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-3.5827929645135/21.821769043788
=-16.42 %

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 -13.86% mean?
Bellzone Mining (LSE:BZM) has a Earnings Yield (Joel Greenblatt) % of -13.86% as of Jun. 2018. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Bellzone Mining and its competitors.
Is Bellzone Mining's Earnings Yield (Joel Greenblatt) % too high?
Bellzone Mining's current Earnings Yield (Joel Greenblatt) % is -13.86%.
How does Bellzone Mining's Earnings Yield (Joel Greenblatt) % compare to competitors?
Bellzone Mining's Earnings Yield (Joel Greenblatt) % of -13.86% can be compared against companies in the Metals & Mining 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 Bellzone Mining and its competitors. Bellzone Mining's current Earnings Yield (Joel Greenblatt) % is -13.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellzone Mining stock overvalued right now?
Bellzone Mining (LSE:BZM) has a current Earnings Yield (Joel Greenblatt) % of -13.86%. The current Earnings Yield (Joel Greenblatt) % is -13.86%. 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 Bellzone Mining (LSE:BZM), the current Earnings Yield (Joel Greenblatt) % is -13.86% as of Jun. 2018. 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.

Bellzone Mining Business Description

Bellzone Mining PLC is party to a legally-ratified Mining Convention in Guinea. It governs its mining concession to explore and exploit the iron ore resources at Kalia in the Faranah region. The company has four reportable segments: Kalia segment represents the exploration activities undertaken at the Kalia Mine; Forécariah segment represents the 50:50 joint venture between Bellzone and China International Fund Ltd (CIF) to fully fund exploration and development of a mine and infrastructure; Sadeka segment represents exploration activities for nickel and copper in south-east Guinea; and Technical & Support Services represents funding, shared services, treasury and technical support delivered from Jersey, Singapore and the Conakry office in Guinea, it is also its revenue earning segment.