Cascadero Copper (TSXV:CCD) Earnings Yield (Joel Greenblatt) % : -20.37% (As of Nov. 2023)

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Cascadero Copper Earnings Yield (Joel Greenblatt) % Definition

Cascadero Copper's Enterprise Value for the quarter that ended in Nov. 2023 was C$2.84 Mil. Cascadero Copper's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.58 Mil. Cascadero Copper's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2023 was -20.37%.

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

TSXV:CCD' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -110.41 Med: 0 Max: 2.61
Current: -110.41

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Cascadero Copper was 2.61%. The lowest was -110.41%. And the median was 0.00%.

TSXV:CCD's Earnings Yield (Joel Greenblatt) % is ranked worse than
92.36% of 2669 companies
in the Metals & Mining industry
Industry Median: -12.16 vs TSXV:CCD: -110.41

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) %. Cascadero Copper's Forward Rate of Return (Yacktman) % for the quarter that ended in Nov. 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.

Cascadero Copper Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Cascadero Copper'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.

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Cascadero Copper Earnings Yield (Joel Greenblatt) % Chart

Cascadero Copper Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Earnings Yield (Joel Greenblatt) %

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-14.41

-19.57

2.25

-11.90

-20.37

Cascadero Copper Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-11.90	-9.12	-9.25	-24.27	-20.37

Competitive Comparison of Cascadero Copper's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Cascadero Copper'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.

Cascadero Copper Earnings Yield (Joel Greenblatt) % Distribution

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

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

Cascadero Copper 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.

Cascadero Coppers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-0.579	/	2.8403
	=	-20.39 %

Cascadero Copper's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.58 Mil.

Cascadero Copper (TSXV:CCD) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Cascadero Copper Earnings Yield (Joel Greenblatt) % Related Terms

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Cascadero Copper (TSXV:CCD) Business Description

Industry

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CCEDF:USA

Address

395 - 901 West Third Street, North Vancouver, BC, CAN, V7P 3P9

Website

https://www.cascadero.com

Cascadero Copper Corp is a Canada-based integrated mineral exploration and development company. The company is in the exploration stage and is engaged in the business segment of acquiring, exploring, and developing mineral properties. It holds certain mineral properties in Argentina.