Arian Resources (Arian Resources) Earnings Yield (Joel Greenblatt) % : -434.78% (As of Nov. 2016)

Arian Resources Earnings Yield (Joel Greenblatt) % Chart

Arian Resources Annual Data
	Trend	May07	May08	May09	May10	May11	May12	May13	May14	May15	May16
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-72.99	-36.10	-106.38	-86.96	-243.90

Arian Resources Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-57.14	-133.33	-243.90	-238.10	-434.78

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

For the Other Industrial Metals & Mining subindustry, Arian 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.

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

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

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

Arian 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.

Arian Resourcess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2016 is calculated as

Arian Resources's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.95 Mil.

Arian Resources  (OTCPK:GNHRF) 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.

Arian Resources Earnings Yield (Joel Greenblatt) % Related Terms

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Arian Resources (Arian Resources) Business Description