GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Bannerman Energy Ltd (HAM:BH6) » Definitions » Earnings Yield (Joel Greenblatt) %

Bannerman Energy (HAM:BH6) Earnings Yield (Joel Greenblatt) % : 0.00% (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Bannerman Energy Earnings Yield (Joel Greenblatt) %?

Bannerman Energy's Enterprise Value for the quarter that ended in Dec. 2023 was €226.99 Mil. Bannerman Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-4.87 Mil. Bannerman Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 0.00%.

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

HAM:BH6' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.09   Med: 0   Max: 0
Current: -1.22

HAM:BH6's Earnings Yield (Joel Greenblatt) % is ranked worse than
65.59% of 186 companies
in the Other Energy Sources industry
Industry Median: 5.25 vs HAM:BH6: -1.22

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) %. Bannerman Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 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.


Bannerman Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Bannerman Energy'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.

Bannerman Energy Earnings Yield (Joel Greenblatt) % Chart

Bannerman Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.96 -6.96 -1.24 -1.73 -2.31

Bannerman Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - -1.73 - -2.31 -

Competitive Comparison of Bannerman Energy's Earnings Yield (Joel Greenblatt) %

For the Uranium subindustry, Bannerman Energy'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.


Bannerman Energy's Earnings Yield (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Bannerman Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Bannerman Energy 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.

Bannerman Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-2.939/119.38367
=-2.46 %

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.



Bannerman Energy  (HAM:BH6) 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.


Bannerman Energy Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Bannerman Energy's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bannerman Energy (HAM:BH6) Business Description

Industry
Traded in Other Exchanges
Address
245 Churchill Avenue, Suite 7, Subiaco, WA, AUS, 6008
Bannerman Energy Ltd is an operator of a uranium exploration company intended to be the next generation of uranium suppliers. As part of a Definitive Feasibility Study (DFS), the company plans to develop large open-pit uranium operations, as well as establish Environmental, Social, and Governance (ESG), which will enable best-practice governance across all aspects of the operation.

Bannerman Energy (HAM:BH6) Headlines

No Headlines