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TRCTF (Traction Uranium) Earnings Yield (Joel Greenblatt) % : -62.50% (As of Dec. 2024)


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What is Traction Uranium Earnings Yield (Joel Greenblatt) %?

Traction Uranium's Enterprise Value for the quarter that ended in Dec. 2024 was $1.23 Mil. Traction Uranium's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $-1.02 Mil. Traction Uranium's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2024 was -62.50%.

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

TRCTF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -68.97   Med: 0   Max: 0
Current: -68.97

TRCTF's Earnings Yield (Joel Greenblatt) % is ranked worse than
86.91% of 2636 companies
in the Metals & Mining industry
Industry Median: -11.06 vs TRCTF: -68.97

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) %. Traction Uranium's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2024 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.


Traction Uranium Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Traction Uranium'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.

Traction Uranium Earnings Yield (Joel Greenblatt) % Chart

Traction Uranium Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Earnings Yield (Joel Greenblatt) %
- -6.58 -58.14 -52.08 -84.03

Traction Uranium Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 -52.08 -26.39 -49.26 -84.03 -62.50

Competitive Comparison of Traction Uranium's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Traction Uranium'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.


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

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

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


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Traction Uranium 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.

Traction Uraniums Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Sep. 2024 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.141/1.78125
=-120.20 %

Traction Uranium's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.02 Mil.



Traction Uranium  (OTCPK:TRCTF) 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.


Traction Uranium Earnings Yield (Joel Greenblatt) % Related Terms

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Traction Uranium Business Description

Traded in Other Exchanges
Address
100-521, 3rd Avenue SW, Calgary, AB, CAN, T2P 3T3
Traction Uranium Corp is engaged in the acquisition, exploration, and evaluation of resource properties. The projects of the company include Key Lake South, Hearty Bay and Grease River.

Traction Uranium Headlines

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