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T2 Metals (STU:WJ6) Earnings Yield (Joel Greenblatt) % : -10.75% (As of Jan. 2024)


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What is T2 Metals Earnings Yield (Joel Greenblatt) %?

T2 Metals's Enterprise Value for the quarter that ended in Jan. 2024 was €2.36 Mil. T2 Metals's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was €-0.26 Mil. T2 Metals's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -10.75%.

The historical rank and industry rank for T2 Metals's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

STU:WJ6' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -74.27   Med: 0   Max: 0
Current: -5.03

STU:WJ6's Earnings Yield (Joel Greenblatt) % is ranked better than
65.67% of 2671 companies
in the Metals & Mining industry
Industry Median: -11.95 vs STU:WJ6: -5.03

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) %. T2 Metals'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.


T2 Metals Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for T2 Metals'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.

T2 Metals Earnings Yield (Joel Greenblatt) % Chart

T2 Metals Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.90 20.88 -28.74 -16.08 -30.12

T2 Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 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 -22.37 -16.03 -13.89 -11.85 -10.75

Competitive Comparison of T2 Metals's Earnings Yield (Joel Greenblatt) %

For the Copper subindustry, T2 Metals'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.


T2 Metals's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, T2 Metals's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where T2 Metals's Earnings Yield (Joel Greenblatt) % falls into.



T2 Metals 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.

T2 Metalss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.931/2.5668421
=-36.27 %

T2 Metals'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 €-0.26 Mil.



T2 Metals  (STU:WJ6) 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.


T2 Metals Earnings Yield (Joel Greenblatt) % Related Terms

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T2 Metals (STU:WJ6) Business Description

Industry
Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
T2 Metals Corp is engaged in the discovery of gold, silver, and copper. The company has acquired 100% ownership through staking, the Cora copper project, located in Pinal County, Arizona. The company targets under-explored districts where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines. Its projects include Lida project and Sherridon project.

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