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TRX GoldTRX +0.83%48 Earnings Yield (Joel Greenblatt) % is 6.10% as of May. 2026, which is 17% below its 10-year median of 7.31. GuruFocus rates TRX with a GF Score™ of 48/100 and a GF Value™ of $1.14 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,662 Metals & Mining companies, TRX Gold ranks better than 85.5% on this metric.
TRX Gold's Enterprise Value for the quarter that ended in May. 2026 was $388.0 Mil.
TRX Gold's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $23.9 Mil. TRX Gold's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was 6.10%.
The historical rank and industry rank for TRX Gold's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TRX'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9.34 Med: 7.31 Max: 12.96
Current: 5.89
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of TRX Gold was 12.96%. The lowest was -9.34%. And the median was 7.31%.
TRX's Earnings Yield (Joel Greenblatt) % is ranked better than 85.5% of 2662
companies
in the Metals & Mining industry
Industry Median: -6.315
vs TRX: 5.89
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) %. TRX Gold's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.
TRX Gold Earnings Yield (Joel Greenblatt) % Related Terms
TRX Gold Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for TRX Gold'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.
TRX vs NEM, AU: Earnings Yield (Joel Greenblatt) % Comparison
For the Gold subindustry, TRX Gold'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.
TRX Gold Earnings Yield (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where TRX Gold'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.
TRX Golds Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2025 is calculated as
TRX Gold's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.9 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.10% mean?
TRX Gold (TRX) has a Earnings Yield (Joel Greenblatt) % of 6.10% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on TRX Gold and its competitors. This is 17% below median its historical median of 7.31. According to the industry distribution chart, TRX Gold ranks #386 out of 2662 companies in the Metals & Mining industry, placing it in the top 14.5%.
Is TRX Gold's Earnings Yield (Joel Greenblatt) % too high?
TRX Gold's current Earnings Yield (Joel Greenblatt) % of 6.10% is 17% below median its 10-year median of 7.31. Based on the distribution chart, TRX Gold ranks #386 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, TRX Gold has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Earnings Yield (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #386 out of 2662 companies for Earnings Yield (Joel Greenblatt) %. This places TRX Gold in the top 15% of its industry — outperforming the majority of peers. 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 TRX Gold and its competitors. TRX Gold's current Earnings Yield (Joel Greenblatt) % is 6.10%, which is 17% below median its own 10-year median of 7.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Fairly Valued. The stock's GF Value™ is $1.14, compared to a current price of $1.21 — trading 6.1% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.10%, which is 17% below median its 10-year median of 7.31. TRX Gold's overall GF Score™ is 48/100 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 TRX Gold (TRX), the current Earnings Yield (Joel Greenblatt) % is 6.10% as of May. 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.
Is TRX Gold (TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be overvalued.
The current stock price of $1.21 is trading 6.1% above its estimated GF Value™ of $1.14.
GuruFocus considers TRX Gold to be Fairly Valued.
Key valuation signals for TRX:
Earnings Yield (Joel Greenblatt) %: 6.10% (17% below median its 10-year median of 7.31)
GF Value™: $1.14 vs. price of $1.21 (6.1% above fair value)
No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
48GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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