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South Pacific MetalsSPMEF -4.05%34 Earnings Yield (Joel Greenblatt) % is -10.19% as of Mar. 2026. GuruFocus rates SPMEF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 2,663 Metals & Mining companies, South Pacific Metals ranks better than 59.29% on this metric.
South Pacific Metals's Enterprise Value for the quarter that ended in Mar. 2026 was $18.45 Mil.
South Pacific Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.04 Mil. South Pacific Metals's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -10.19%.
The historical rank and industry rank for South Pacific Metals's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SPMEF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.66 Med: 0 Max: 0
Current: -5.53
SPMEF's Earnings Yield (Joel Greenblatt) % is ranked better than 59.29% of 2663
companies
in the Metals & Mining industry
Industry Median: -7.02
vs SPMEF: -5.53
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) %. South Pacific Metals'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.
South Pacific Metals (OTCPK:SPMEF) 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.
South Pacific Metals Earnings Yield (Joel Greenblatt) % Related Terms
South Pacific Metals Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for South Pacific Metals'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.
South Pacific Metals Earnings Yield (Joel Greenblatt) % Chart
SPMEF vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, South Pacific Metals'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.
South Pacific Metals Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South Pacific Metals's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where South Pacific Metals's Earnings Yield (Joel Greenblatt) % falls into.
South Pacific Metals 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.
South Pacific Metalss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
South Pacific Metals'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 $-2.04 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -10.19% mean?
South Pacific Metals (SPMEF) has a Earnings Yield (Joel Greenblatt) % of -10.19% 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 South Pacific Metals and its competitors. According to the industry distribution chart, South Pacific Metals ranks #1084 out of 2663 companies in the Metals & Mining industry, placing it in the top 40.7%.
Is South Pacific Metals' Earnings Yield (Joel Greenblatt) % too high?
South Pacific Metals' current Earnings Yield (Joel Greenblatt) % is -10.19%. Based on the distribution chart, South Pacific Metals ranks #1084 out of 2663 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, South Pacific Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, South Pacific Metals ranks #1084 out of 2663 companies for Earnings Yield (Joel Greenblatt) %. This puts South Pacific Metals in the upper 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 South Pacific Metals and its competitors. South Pacific Metals's current Earnings Yield (Joel Greenblatt) % is -10.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (SPMEF) has a current Earnings Yield (Joel Greenblatt) % of -10.19%. The current Earnings Yield (Joel Greenblatt) % is -10.19%. South Pacific Metals' overall GF Score™ is 34/100 with 2 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 South Pacific Metals (SPMEF), the current Earnings Yield (Joel Greenblatt) % is -10.19% 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.
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
34GF Score
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