Ark Mines FCF yield
What is the FCF yield of Ark Mines?
The FCF yield of Ark Mines Limited is -19.76%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Materials sector on ASX compared to Ark Mines
What does Ark Mines do?
Ark Mines Limited focuses in the mineral exploration and mining business in Australia. The company was incorporated in 2007 and is based in Perth, Australia.
Companies with fcf yield similar to Ark Mines
- Dundee has FCF yield of -19.88%
- Lion has FCF yield of -19.85%
- 88 has FCF yield of -19.83%
- Image Resources NL has FCF yield of -19.82%
- Tongda Hong Tai has FCF yield of -19.79%
- Regenxbio Inc has FCF yield of -19.77%
- Ark Mines has FCF yield of -19.76%
- Innate Pharma S.A has FCF yield of -19.73%
- ClearVue Technologies has FCF yield of -19.73%
- urban-gro has FCF yield of -19.72%
- Widepoint Corp has FCF yield of -19.72%
- Commander Resources has FCF yield of -19.71%
- King Global Ventures has FCF yield of -19.70%