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Molycorp (XSWX:MCP) Earnings Yield (Joel Greenblatt) % : 2,500.00% (As of Jun. 2015)


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What is Molycorp Earnings Yield (Joel Greenblatt) %?

Molycorp's Enterprise Value for the quarter that ended in Jun. 2015 was CHF0.0 Mil. Molycorp's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 was CHF-650.5 Mil. Molycorp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 2,500.00%.

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

XSWX:MCP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1581.78   Med: 6.8   Max: 4223.8
Current: -1581.78

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Molycorp was 4223.80%. The lowest was -1581.78%. And the median was 6.80%.

XSWX:MCP's Earnings Yield (Joel Greenblatt) % is not ranked
in the Metals & Mining industry.
Industry Median: -11.86 vs XSWX:MCP: -1581.78

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) %. Molycorp's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2015 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.


Molycorp Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Molycorp'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.

Molycorp Earnings Yield (Joel Greenblatt) % Chart

Molycorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial -1.35 8.22 -20.08 -15.04 -28.49

Molycorp Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -19.16 -22.99 -28.49 -29.24 2,500.00

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

For the Other Industrial Metals & Mining subindustry, Molycorp'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.


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

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

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



Molycorp 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.

Molycorps Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-440.241/0
= %

Molycorp's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-650.5 Mil.



Molycorp  (XSWX:MCP) 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.


Molycorp Earnings Yield (Joel Greenblatt) % Related Terms

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


Molycorp (XSWX:MCP) Business Description

Industry
Traded in Other Exchanges
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Address
Molycorp Inc, formerly known as Rare Earth Acquisitions LLC, was formed on March 4, 2010 as a new Delaware corporation. The Company manufactures custom engineered rare earth and rare metal products. Its business is organized into four reportable segments: Resources; Chemicals and Oxides; Magnetic Materials and Alloys; and Rare Metals. The Resources segment includes its operations at the Molycorp Mountain Pass Rare Earth Facility, where it conducts rare earth minerals extraction to produce: rare earth concentrates; REO, including lanthanum, cerium, neodymium, praseodymium, and yttrium; heavy rare earth concentrates, which include samarium, europium, gadolinium, terbium, dysprosium, and others; and SorbXTM, a line of proprietary rare earth-based water treatment products. The Chemicals and Oxides segment includes: production of REO at its operations at Molycorp Silmet; separated heavy rare earth oxides and other custom engineered materials from its facilities in Jiangyin, Jiangsu Province, China; and production of REO, salts of rare earth elements, or REEs, zirconium-based engineered materials and mixed rare earth/zirconium oxides from its facilities in Zibo, Shandong Province, China. The Magnetic Materials and Alloys segment includes: the production of Neo Powders through its wholly-owned manufacturing facilities in Tianjin, China, and Korat, Thailand, under the Molycorp Magnequench brand. This operating segment also includes manufacturing of neodymium and samarium magnet alloys, other specialty alloy products and rare earth metals at its MMA facility, located in Tolleson, Arizona. The Rare Metals segment produces, reclaims, refines and markets high value niche metals and their compounds that include gallium, indium, rhenium, tantalum, and niobium. Applications from products made in this segment include wireless technologies, LED, flat panel display, turbine, solar, catalyst, steel additive, electronics applications, and others. The Company's operations are subject to numerous and detailed international, national, federal, state and local laws, regulations and permits affecting the mining and mineral processing industry, including those pertaining to employee health and safety, environmental permitting and licensing, air quality standards, greenhouse gas, or GHG, emissions, water usage and disposal, pollution, waste management, plant and wildlife protection, handling and disposal of radioactive substances, remediation of soil and groundwater contamination, land use, reclamation and restoration of properties, the discharge of materials into the environment and groundwater quality and availability.

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