First Au FCF yield
What is the FCF yield of First Au?
The FCF yield of First Au Limited is -104.48%
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 First Au
What does First Au do?
First Au Limited explores for gold and base metals in Western Australia's Goldfields and Pilbara. It holds 100% interests in the Gimlet gold project located to the north west of Kalgoorlie, Western Australia; the Victoria Gold project; and the Talga project comprising 7 exploration tenements located in the East Pilbara. The company was formerly known as Public Holdings (Australia) Limited and changed its name to First Au Limited in June 2018. The company was incorporated in 1960 and is based in Balwyn, Australia.
Companies with fcf yield similar to First Au
- Sassy Resources has FCF yield of -105.76%
- Adherium has FCF yield of -105.73%
- Armour has FCF yield of -105.70%
- Tattooed Chef has FCF yield of -104.95%
- I-Minerals has FCF yield of -104.91%
- Rover Metals has FCF yield of -104.59%
- First Au has FCF yield of -104.48%
- Ozz Resources has FCF yield of -104.26%
- Crown has FCF yield of -104.16%
- Hawaiian has FCF yield of -104.11%
- My Size Inc has FCF yield of -103.89%
- Passage Bio Inc has FCF yield of -103.77%
- China Zhengtong Auto Services has FCF yield of -103.69%