OTCPK:RMESF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
OTCPK:RMESF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.
As of today (2024-06-22), the stock price of Red Metal Resources is $0.05. Red Metal Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.03. Therefore, Red Metal Resources's earnings yield of today is N/A%.
The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Red Metal Resources's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 2024 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.
Earnings yield is the reciprocal of the P/E Ratio.
Red Metal Resources's Earnings Yield for today is calculated as
Earnings Yield | = | Earnings per Share (Diluted) (TTM) | / | Share Price |
= | -0.026 | / | 0.05 | |
= | N/A % |
Red Metal Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.026 Mil.
* 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.
It can also be calculated from the numbers for the whole company:
Earnings Yield | = | Net Income | / | Market Cap |
The earnings in the calculation is the Trailing Twelve Months earnings.
Red Metal Resources (OTCPK:RMESF) Earnings Yield % Explanation
If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.
If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.
Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.
Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.
Be Aware
Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.
Thank you for viewing the detailed overview of Red Metal Resources's Earnings Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard Jeffs | 10 percent owner | FLAT 7, 6 ENNISMORE GARDENS, LONDON X0 SW7 1NL |
Caitlin Jeffs | director | 195 PARK AVENUE, THUNDER BAY A6 P7B 1B9 |
Jeffrey Cocks | director | 118 8TH AVE. NW, CALGARY A0 T2M 0A4 |
Michael Thompson | director | 195 PARK AVENUE, THUNDER BAY A6 P7B 1B9 |
Mcfarlane Cody Michael | director | PUNTA NOGALES 1324, HOUSE 19, SANTIAGO F3 000000 |
Joao Dacosta | officer: Chief Financial Officer | #810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2 |
Susan Jeffs | 10 percent owner | 4 MONTPELIER STREET, SUITE 521, LONDON X0 SW7 1EE |
Robert Andjelic | 10 percent owner | P.O. BOX 69, MILLARVILLE A0 1KO |
Laboa Holdings Inc. | 10 percent owner | SUITE 1-A, #5, CALLE EUSEBIO A. MORALES, EL CANGREJO, PANAMA CITY R1 00000 |
Kevin Mitchell | 10 percent owner | ALONSO DE ERCILLA #733, VALLENAR F3 00000 |
Cicco John Di | director, 10 percent owner, officer: CEO, President, and CFO | 10168 LAWSON DRIVE, RICHMOND A1 V7E 5M3 |
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.