What is Sibanye Stillwater Earnings Yield (Joel Greenblatt) %?
Sibanye Stillwater's Enterprise Value for the quarter that ended in Jun. 2023 was $4,787 Mil.
Sibanye Stillwater's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $1,262 Mil. Sibanye Stillwater's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2023 was 0.00%.
The historical rank and industry rank for Sibanye Stillwater's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
SBSW'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.68 Med: 27.92 Max: 54.1
Current: 33.22
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Sibanye Stillwater was 54.10%. The lowest was 0.68%. And the median was 27.92%.
SBSW's Earnings Yield (Joel Greenblatt) % is ranked better than 98.58% of 2669
companies
in the Metals & Mining industry
Industry Median: -12.16
vs SBSW: 33.22
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) %. Sibanye Stillwater's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2023 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.
Sibanye Stillwater Earnings Yield (Joel Greenblatt) % Historical Data
The historical data trend for Sibanye Stillwater'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 Sibanye Stillwater's Earnings Yield (Joel Greenblatt) %
For the Gold subindustry, Sibanye Stillwater'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.
Sibanye Stillwater's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sibanye Stillwater's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sibanye Stillwater'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.
Sibanye Stillwaters Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
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.
Sibanye Stillwater Earnings Yield (Joel Greenblatt) % Related Terms
Thank you for viewing the detailed overview of Sibanye Stillwater's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Sibanye Stillwater (Sibanye Stillwater) Business Description
Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709
Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SBSW has been successfully added to your 