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NRED Intelligent MiningNREDF +11.03%17 Earnings Yield (Joel Greenblatt) % is -0.54% as of Apr. 2026. GuruFocus rates NREDF with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,664 Metals & Mining companies, NRED Intelligent Mining ranks worse than 52.78% on this metric.
NRED Intelligent Mining's Enterprise Value for the quarter that ended in Apr. 2026 was $20.54 Mil.
NRED Intelligent Mining's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-0.27 Mil. NRED Intelligent Mining's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was -0.54%.
The historical rank and industry rank for NRED Intelligent Mining's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NREDF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.22 Med: 0 Max: 0
Current: -7.22
NREDF's Earnings Yield (Joel Greenblatt) % is ranked worse than 52.78% of 2664
companies
in the Metals & Mining industry
Industry Median: -6.305
vs NREDF: -7.22
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) %. NRED Intelligent Mining's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 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.
NRED Intelligent Mining Earnings Yield (Joel Greenblatt) % Related Terms
NRED Intelligent Mining Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for NRED Intelligent 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.
For the Other Industrial Metals & Mining subindustry, NRED Intelligent 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.
NRED Intelligent Mining Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NRED Intelligent Mining's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NRED Intelligent Mining'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.
NRED Intelligent Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2025 is calculated as
NRED Intelligent Mining's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.27 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -0.54% mean?
NRED Intelligent Mining (NREDF) has a Earnings Yield (Joel Greenblatt) % of -0.54% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on NRED Intelligent Mining and its competitors. According to the industry distribution chart, NRED Intelligent Mining ranks #1406 out of 2664 companies in the Metals & Mining industry, placing it in the top 52.8%.
Is NRED Intelligent Mining's Earnings Yield (Joel Greenblatt) % too high?
NRED Intelligent Mining's current Earnings Yield (Joel Greenblatt) % is -0.54%. Based on the distribution chart, NRED Intelligent Mining ranks #1406 out of 2664 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, NRED Intelligent Mining has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NRED Intelligent Mining's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, NRED Intelligent Mining ranks #1406 out of 2664 companies for Earnings Yield (Joel Greenblatt) %. This places NRED Intelligent Mining 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 NRED Intelligent Mining and its competitors. NRED Intelligent Mining's current Earnings Yield (Joel Greenblatt) % is -0.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRED Intelligent Mining stock overvalued right now?
NRED Intelligent Mining (NREDF) has a current Earnings Yield (Joel Greenblatt) % of -0.54%. The current Earnings Yield (Joel Greenblatt) % is -0.54%. NRED Intelligent Mining's overall GF Score™ is 17/100 with 1 warning sign 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 NRED Intelligent Mining (NREDF), the current Earnings Yield (Joel Greenblatt) % is -0.54% as of Apr. 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.
NovaRed Mining Inc is engaged in the identification, acquisition, exploration and development of mineral resource projects. The company holds interest in the Wilmac Copper-Gold Project located southwest of Princeton in the Similkameen Mining Division, British Columbia.
17GF Score
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