Hycroft Mining Holding (Hycroft Mining Holding) Earnings Yield (Joel Greenblatt) % : -42.37% (As of Mar. 2024)

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What is Hycroft Mining Holding Earnings Yield (Joel Greenblatt) %?

Hycroft Mining Holding's Enterprise Value for the quarter that ended in Mar. 2024 was $105.98 Mil. Hycroft Mining Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-44.98 Mil. Hycroft Mining Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2024 was -42.37%.

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

HYMC' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -167.85 Med: -41 Max: -15.25
Current: -32.36

During the past 5 years, the highest Earnings Yield (Joel Greenblatt) of Hycroft Mining Holding was -15.25%. The lowest was -167.85%. And the median was -41.00%.

HYMC's Earnings Yield (Joel Greenblatt) % is ranked worse than
73.06% of 2680 companies
in the Metals & Mining industry
Industry Median: -11.695 vs HYMC: -32.36

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) %. Hycroft Mining Holding's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.

Hycroft Mining Holding Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Hycroft Mining Holding'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.

Hycroft Mining Holding Earnings Yield (Joel Greenblatt) % Chart

Hycroft Mining Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Earnings Yield (Joel Greenblatt) %

-16.89

-40.82

-43.29

-41.32

Hycroft Mining Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-38.61	-48.54	-41.49	-41.32	-42.37

Competitive Comparison of Hycroft Mining Holding's Earnings Yield (Joel Greenblatt) %

For the Gold subindustry, Hycroft Mining Holding'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.

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

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

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

Hycroft Mining Holding 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.

Hycroft Mining Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)	=	EBIT	/	Enterprise Value
	=	-37.02	/	89.57467
	=	-41.33 %

Hycroft Mining Holding's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-44.98 Mil.

Hycroft Mining Holding (NAS:HYMC) 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

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

Hycroft Mining Holding Earnings Yield (Joel Greenblatt) % Related Terms

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

Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMC) » Definitions » Earnings Yield (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445

Website

http://www.hycroftmining.com

Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.

Executives

Diane R Garrett	director, officer: President, CEO & Director	C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout	officer: Executive Vice President & CFO	C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings	officer: Senior Vice President	4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p.	director, 10 percent owner	527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang	director	1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott	10 percent owner	2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati	director	ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman	director	11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd.	10 percent owner	200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber	officer: Chief Financial Officer	8181 E. TUFTS AVE., SUITE510, DENVER CO 80237