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Tamerlane Ventures (Tamerlane Ventures) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Sep. 2013)


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What is Tamerlane Ventures Earnings Yield (Joel Greenblatt) %?

Tamerlane Ventures's Enterprise Value for the quarter that ended in Sep. 2013 was $17.95 Mil. Tamerlane Ventures's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 was $-2.54 Mil. Tamerlane Ventures's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 was 0.00%.

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

TMLVF's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -11.795
* 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) %. Tamerlane Ventures's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2013 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Tamerlane Ventures Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Tamerlane Ventures'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.

* Premium members only.

Tamerlane Ventures Earnings Yield (Joel Greenblatt) % Chart

Tamerlane Ventures Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.75 -11.78 -11.56 -86.21 -56.50

Tamerlane Ventures Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 - -56.50 - - -

Competitive Comparison of Tamerlane Ventures's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Tamerlane Ventures'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.


Tamerlane Ventures's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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



Tamerlane Ventures 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.

Tamerlane Venturess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2012 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.053/18.64418
=-11.01 %

Tamerlane Ventures's EBIT for the trailing twelve months (TTM) ended in Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.54 Mil.



Tamerlane Ventures  (OTCPK:TMLVF) 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.


Tamerlane Ventures Earnings Yield (Joel Greenblatt) % Related Terms

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Tamerlane Ventures (Tamerlane Ventures) Business Description

Traded in Other Exchanges
N/A
Address
441 Peace Portal Drive, Blaine, WA, USA, 98230
Tamerlane Ventures Inc is development stage mining Company engaged in the exploration and development of base metals projects, such as Pine Point lead-zinc project in the Northwest Territories in Canada and Los Pinos copper project in Peru.

Tamerlane Ventures (Tamerlane Ventures) Headlines

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