Abra Mining & Industrial (PHS:AR) Earnings Yield (Joel Greenblatt) %: -0.92% (As of Sep. 2020)

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What is Abra Mining & Industrial Earnings Yield (Joel Greenblatt) %?

Abra Mining & Industrial PHS:AR Earnings Yield (Joel Greenblatt) % is -0.92% as of Sep. 2020.

Abra Mining & Industrial's Enterprise Value for the quarter that ended in Sep. 2020 was ₱159.07 Mil. Abra Mining & Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 was ₱-1.46 Mil. Abra Mining & Industrial's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2020 was -0.92%.

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

PHS:AR's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -6.73
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Abra Mining & Industrial's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2020 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.


Abra Mining & Industrial  (PHS:AR) 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.


Abra Mining & Industrial Earnings Yield (Joel Greenblatt) % Related Terms


Abra Mining & Industrial Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Abra Mining & Industrial'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.

Abra Mining & Industrial Earnings Yield (Joel Greenblatt) % Chart

Abra Mining & Industrial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.44 -0.62 -0.69 -0.94

Abra Mining & Industrial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.00 0.00 -1.23 -1.19 -0.92

Abra Mining & Industrial Earnings Yield (Joel Greenblatt) % Competitor Comparison

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


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

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

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



Abra Mining & Industrial 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.

Abra Mining & Industrials Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2019 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.803/298.712876
=-0.94 %

Abra Mining & Industrial's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-1.46 Mil.


What does a Earnings Yield (Joel Greenblatt) % of -0.92% mean?
Abra Mining & Industrial (PHS:AR) has a Earnings Yield (Joel Greenblatt) % of -0.92% as of Sep. 2020. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Abra Mining & Industrial and its competitors.
Is Abra Mining & Industrial's Earnings Yield (Joel Greenblatt) % too high?
Abra Mining & Industrial's current Earnings Yield (Joel Greenblatt) % is -0.92%.
How does Abra Mining & Industrial's Earnings Yield (Joel Greenblatt) % compare to competitors?
Abra Mining & Industrial's Earnings Yield (Joel Greenblatt) % of -0.92% 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 Abra Mining & Industrial and its competitors. Abra Mining & Industrial's current Earnings Yield (Joel Greenblatt) % is -0.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abra Mining & Industrial stock overvalued right now?
Abra Mining & Industrial (PHS:AR) has a current Earnings Yield (Joel Greenblatt) % of -0.92%. The current Earnings Yield (Joel Greenblatt) % is -0.92%. 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 Abra Mining & Industrial (PHS:AR), the current Earnings Yield (Joel Greenblatt) % is -0.92% as of Sep. 2020. 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.

Abra Mining & Industrial Business Description

Address 103 West Avenue, Jabel Business Center, Brgy. Bungad, Quezon, QUE, PHL, 1104
Abra Mining & Industrial Corp is a Philippines-based mineral exploration company. The principal business activities of the company are exploration, development, exploitation, manufacture and sale of cement and metal concentrate, building materials, and other minerals. In addition, it is also involved in the processing and manufacture of non-metals for industrial and commercial purposes. The firm's projects include Capcapo Copper-Gold, Bucay Iron Sand, Baticang Limestone, Patok Gold- Copper, and SanVig iron sand project.