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Mermaid Maritime PCLMMMPF +2.56%47 Earnings Yield (Joel Greenblatt) % is 10.21% as of Mar. 2026, which is 1243% above its 10-year median of 0.76. GuruFocus rates MMMPF with a GF Score™ of 47/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,032 Oil & Gas companies, Mermaid Maritime PCL ranks better than 74.22% on this metric.
Mermaid Maritime PCL's Enterprise Value for the quarter that ended in Mar. 2026 was $176.6 Mil.
Mermaid Maritime PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $20.0 Mil. Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 10.21%.
The historical rank and industry rank for Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MMMPF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -211.96 Med: 0.76 Max: 11.91
Current: 11.03
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mermaid Maritime PCL was 11.91%. The lowest was -211.96%. And the median was 0.76%.
MMMPF's Earnings Yield (Joel Greenblatt) % is ranked better than 74.22% of 1032
companies
in the Oil & Gas industry
Industry Median: 4.795
vs MMMPF: 11.03
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) %. Mermaid Maritime PCL'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.
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.
Mermaid Maritime PCL Earnings Yield (Joel Greenblatt) % Related Terms
Mermaid Maritime PCL Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Mermaid Maritime PCL'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.
For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.
Mermaid Maritime PCL Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Mermaid Maritime PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Mermaid Maritime PCL'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 $20.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.21% mean?
Mermaid Maritime PCL (MMMPF) has a Earnings Yield (Joel Greenblatt) % of 10.21% 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 Mermaid Maritime PCL and its competitors. This is 1243% above median its historical median of 0.76. According to the industry distribution chart, Mermaid Maritime PCL ranks #266 out of 1032 companies in the Oil & Gas industry, placing it in the top 25.8%.
Is Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) % too high?
Mermaid Maritime PCL's current Earnings Yield (Joel Greenblatt) % of 10.21% is 1243% above median its 10-year median of 0.76. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.80. Mermaid Maritime PCL's value of 10.21% is 112.9% above this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #266 out of 1032 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's Earnings Yield (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #266 out of 1032 companies for Earnings Yield (Joel Greenblatt) %. This puts Mermaid Maritime PCL in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.80. Mermaid Maritime PCL's value of 10.21% is 112.9% above this benchmark. While the company's 10-year median is 0.76 vs. the industry median of 4.80, Mermaid Maritime PCL has consistently been above the industry average. 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.80, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mermaid Maritime PCL's current Earnings Yield (Joel Greenblatt) % of 10.21% is 112.9% above the industry median. 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 Mermaid Maritime PCL and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current Earnings Yield (Joel Greenblatt) % is 10.21%, which is 1243% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.21%, which is 1243% above median its 10-year median of 0.76 and 112.9% above the Oil & Gas industry median of 4.80. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 7 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 Mermaid Maritime PCL (MMMPF), the current Earnings Yield (Joel Greenblatt) % is 10.21% 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 Mermaid Maritime PCL (MMMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued.
The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06.
GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.
Key valuation signals for MMMPF:
Earnings Yield (Joel Greenblatt) %: 10.21% (1243% above median its 10-year median of 0.76)
GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
Industry Position: 112.9% above the Oil & Gas median (#266 of 1032)
No single metric tells the full story. See the MMMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.
47GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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