SELECT * FROM `stock_list` WHERE `symbol` = "KSSRF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='KSSRF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "KSSRF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 KSSRF (Kesselrun Resources) Earnings Yield (Joel Greenblatt
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kesselrun Resources Ltd (OTCPK:KSSRF) » Definitions » Earnings Yield (Joel Greenblatt) %

Kesselrun Resources (Kesselrun Resources) Earnings Yield (Joel Greenblatt) % : -21.93% (As of Jan. 2024)


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What is Kesselrun Resources Earnings Yield (Joel Greenblatt) %?

Kesselrun Resources's Enterprise Value for the quarter that ended in Jan. 2024 was $2.06 Mil. Kesselrun Resources's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-0.46 Mil. Kesselrun Resources's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -21.93%.

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

KSSRF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -99999999.99   Med: 0   Max: 28840.57
Current: -11.07

During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Kesselrun Resources was 28840.57%. The lowest was -99999999.99%. And the median was 0.00%.

KSSRF's Earnings Yield (Joel Greenblatt) % is ranked better than
52.44% of 2679 companies
in the Metals & Mining industry
Industry Median: -12.2 vs KSSRF: -11.07

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) %. Kesselrun 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.


Kesselrun Resources Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Kesselrun Resources'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.

Kesselrun Resources Earnings Yield (Joel Greenblatt) % Chart

Kesselrun Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -153.85 2.69 -8.39 -8.24 -21.93

Kesselrun Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.78 -2.76 -21.93 -22.52 -21.93

Competitive Comparison of Kesselrun Resources's Earnings Yield (Joel Greenblatt) %

For the Gold subindustry, Kesselrun Resources'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.


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

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

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



Kesselrun Resources 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.

Kesselrun Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jul. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.366/1.3217642
=-27.69 %

Kesselrun Resources's EBIT 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 $-0.46 Mil.



Kesselrun Resources  (OTCPK:KSSRF) 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.


Kesselrun Resources Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Kesselrun Resources's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kesselrun Resources (Kesselrun Resources) Business Description

Traded in Other Exchanges
Address
278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8
Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.

Kesselrun Resources (Kesselrun Resources) Headlines