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Vizsla Silver (TSXV:VZLA) Earnings Yield (Joel Greenblatt) % : -4.41% (As of Jan. 2024)


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What is Vizsla Silver Earnings Yield (Joel Greenblatt) %?

Vizsla Silver's Enterprise Value for the quarter that ended in Jan. 2024 was C$384.57 Mil. Vizsla Silver's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-16.97 Mil. Vizsla Silver's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2024 was -4.41%.

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

TSXV:VZLA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.39   Med: 0   Max: 0
Current: -3.73

TSXV:VZLA's Earnings Yield (Joel Greenblatt) % is ranked better than
69.54% of 2676 companies
in the Metals & Mining industry
Industry Median: -11.805 vs TSXV:VZLA: -3.73

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) %. Vizsla Silver's Forward Rate of Return (Yacktman) % for the quarter that ended in Jan. 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.


Vizsla Silver Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Vizsla Silver'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.

Vizsla Silver Earnings Yield (Joel Greenblatt) % Chart

Vizsla Silver Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -19.31 -18.05 -6.86 -7.19 -3.98

Vizsla Silver Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -5.12 -3.98 -5.67 -5.90 -4.41

Competitive Comparison of Vizsla Silver's Earnings Yield (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Vizsla Silver'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.


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

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

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



Vizsla Silver 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.

Vizsla Silvers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-14.04/352.7551
=-3.98 %

Vizsla Silver's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-16.97 Mil.



Vizsla Silver  (TSXV:VZLA) 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.


Vizsla Silver Earnings Yield (Joel Greenblatt) % Related Terms

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Vizsla Silver (TSXV:VZLA) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7
Vizsla Silver Corp is a junior mineral exploration and development company focused on advancing its Panuco silver-gold project located in Sinaloa, Mexico. The property contains quartz-carbonate veins with workings defining both steeply plunging and sub-horizontal ore shoots. Mineralization occurs as silver sulphides including argentite and acanthite, native gold, electrum and native silver associated with pyrite, minor galena, sphalerite and rare chalcopyrite. It has one operating segment, which is principally mineral exploration.
Executives
Mahesh Nalinda Liyanage Senior Officer

Vizsla Silver (TSXV:VZLA) Headlines

From GuruFocus

VIZSLA SILVER ANNOUNCES FILING OF PANUCO TECHNICAL REPORT

By PRNewswire PRNewswire 04-07-2022