Banro's Enterprise Value for the quarter that ended in Jun. 2017 was $281.9 Mil.
Banro's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $-6.0 Mil. Banro's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2017 was -6.29%.
The historical rank and industry rank for Banro's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BAA's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -12.335 * 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) %. Banro's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2017 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.
Banro Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Banro'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.
Competitive Comparison of Banro's Earnings Yield (Joel Greenblatt) %
For the Gold subindustry, Banro'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.
Banro's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Banro's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Banro'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.
Banros Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2016 is calculated as
Banro's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.0 Mil.
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.
Banro Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Banro's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Banro Corp is a Canadian gold mining company. Principally it focuses on exploration, development, and production of mineral properties in the Democratic Republic of the Congo. The company holds two gold producing mines Twangiza mines and Namoya mines and two advancing gold exploration projects which include Lugushwa project and Kamituga project. Twangiza mine property is located approximately 45 kilometers south-southwest of Bukavu in south Kivu Province whereas the Namoya mine property lies at the southern end of the Twangiza-Namoya gold belt in Maniema province. The company's Lugushwa project and Kamituga project, both are located in the southwest city of Bukavu.
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