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Lincoln Gold Mining (Lincoln Gold Mining) Earnings Yield (Joel Greenblatt) % : -156.25% (As of Sep. 2023)


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What is Lincoln Gold Mining Earnings Yield (Joel Greenblatt) %?

Lincoln Gold Mining's Enterprise Value for the quarter that ended in Sep. 2023 was $3.91 Mil. Lincoln Gold Mining's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.71 Mil. Lincoln Gold Mining's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2023 was -156.25%.

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

LNCLF' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -303.03   Med: 0   Max: 0
Current: -140.85

LNCLF's Earnings Yield (Joel Greenblatt) % is ranked worse than
94.21% of 2676 companies
in the Metals & Mining industry
Industry Median: -11.86 vs LNCLF: -140.85

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) %. Lincoln Gold Mining's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 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.


Lincoln Gold Mining Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Lincoln Gold Mining'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.

Lincoln Gold Mining Earnings Yield (Joel Greenblatt) % Chart

Lincoln Gold Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.50 -27.78 -14.01 -20.12 -35.84

Lincoln Gold Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -40.32 -35.84 -45.66 -101.01 -156.25

Competitive Comparison of Lincoln Gold Mining's Earnings Yield (Joel Greenblatt) %

For the Gold subindustry, Lincoln Gold Mining'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.


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

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

* The bar in red indicates where Lincoln Gold Mining's Earnings Yield (Joel Greenblatt) % falls into.



Lincoln Gold Mining 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.

Lincoln Gold Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2022 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.655/1.78211472
=-36.75 %

Lincoln Gold Mining's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.71 Mil.



Lincoln Gold Mining  (OTCPK:LNCLF) 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.


Lincoln Gold Mining Earnings Yield (Joel Greenblatt) % Related Terms

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


Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

Lincoln Gold Mining (Lincoln Gold Mining) Headlines

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