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Boundary Gold and Copper Mining (TSXV:BDGC.H) Earnings Yield (Joel Greenblatt) % : -43.86% (As of Feb. 2024)


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What is Boundary Gold and Copper Mining Earnings Yield (Joel Greenblatt) %?

Boundary Gold and Copper Mining's Enterprise Value for the quarter that ended in Feb. 2024 was C$0.53 Mil. Boundary Gold and Copper Mining's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.23 Mil. Boundary Gold and Copper Mining's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2024 was -43.86%.

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

TSXV:BDGC.H' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1666.67   Med: 0   Max: 1325.76
Current: -50.76

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Boundary Gold and Copper Mining was 1325.76%. The lowest was -1666.67%. And the median was 0.00%.

TSXV:BDGC.H's Earnings Yield (Joel Greenblatt) % is ranked worse than
82.78% of 2683 companies
in the Metals & Mining industry
Industry Median: -11.53 vs TSXV:BDGC.H: -50.76

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) %. Boundary Gold and Copper Mining'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.


Boundary Gold and Copper Mining Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Boundary Gold and Copper 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.

Boundary Gold and Copper Mining Earnings Yield (Joel Greenblatt) % Chart

Boundary Gold and Copper Mining Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -769.23 -68.03 -1,666.67 -72.99 -45.25

Boundary Gold and Copper Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 -89.29 -52.91 -45.25 -54.05 -43.86

Competitive Comparison of Boundary Gold and Copper Mining's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Boundary Gold and Copper 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.


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

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

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



Boundary Gold and Copper 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.

Boundary Gold and Copper Minings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Aug. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.246/0.543502
=-45.26 %

Boundary Gold and Copper Mining'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 C$-0.23 Mil.



Boundary Gold and Copper Mining  (TSXV:BDGC.H) 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.


Boundary Gold and Copper Mining Earnings Yield (Joel Greenblatt) % Related Terms

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Boundary Gold and Copper Mining (TSXV:BDGC.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Boundary Gold and Copper Mining Ltd is a resource exploration company. It is engaged in the business activity of acquiring and exploring resource properties in Canada. The organization is focused on the Kena and Daylight Gold project which is in the Nelson area of British Columbia, Canada. Its projects also include the Manto Negro Copper Project. The company operates in Canada and Mexico.

Boundary Gold and Copper Mining (TSXV:BDGC.H) Headlines

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