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Apollo Silver (Apollo Silver) Earnings Yield (Joel Greenblatt) % : -15.43% (As of Feb. 2024)


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What is Apollo Silver Earnings Yield (Joel Greenblatt) %?

Apollo Silver's Enterprise Value for the quarter that ended in Feb. 2024 was $11.74 Mil. Apollo Silver's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $-1.88 Mil. Apollo Silver's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2024 was -15.43%.

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

APGOF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -357.14   Med: 0   Max: 0
Current: -8.92

APGOF's Earnings Yield (Joel Greenblatt) % is ranked better than
55.52% of 2680 companies
in the Metals & Mining industry
Industry Median: -11.525 vs APGOF: -8.92

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) %. Apollo Silver's Forward Rate of Return (Yacktman) % for the quarter that ended in Feb. 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.


Apollo Silver Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Apollo Silver'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.

Apollo Silver Earnings Yield (Joel Greenblatt) % Chart

Apollo Silver Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.78 -19.61 -6.37 -2.85 -42.37

Apollo Silver Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
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 -42.37 -36.50 -38.02 -47.17 -15.43

Competitive Comparison of Apollo Silver's Earnings Yield (Joel Greenblatt) %

For the Silver subindustry, Apollo Silver'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.


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

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

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



Apollo Silver 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.

Apollo Silvers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Nov. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-7.857/17.177358
=-45.74 %

Apollo Silver's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.88 Mil.



Apollo Silver  (OTCPK:APGOF) 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.


Apollo Silver Earnings Yield (Joel Greenblatt) % Related Terms

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Apollo Silver (Apollo Silver) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3
Apollo Silver Corp is exploration and development company in the U.S. The Company, together with its subsidiaries, is a mineral exploration and development group focused on advancing its portfolio of two silver exploration and resource development projects in the United States. The adjacent Waterloo and Langtry Projects are located in the historic Calico Silver Mining District, California. The Arizona Silver District Project is located in a historic silver mining district in southwestern Arizona. Geographically, the company operates in Canada and United States.

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