NEOS ETF Trust FCF yield
What is the FCF yield of NEOS ETF Trust?
The FCF yield of NEOS ETF Trust is 3.59%
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 Finance sector on NYSE compared to NEOS ETF Trust
Companies with fcf yield similar to NEOS ETF Trust
- Visiativ SA has FCF yield of 3.58%
- Helios Technologies has FCF yield of 3.58%
- Cintas has FCF yield of 3.58%
- Entain PLC has FCF yield of 3.58%
- DuPont de Nemours Inc has FCF yield of 3.59%
- IF Bancorp Inc has FCF yield of 3.59%
- NEOS ETF Trust has FCF yield of 3.59%
- Sylogist has FCF yield of 3.59%
- Nemetschek SE has FCF yield of 3.59%
- Endeavour Ltd has FCF yield of 3.59%
- Regis Resources has FCF yield of 3.59%
- Boralex has FCF yield of 3.59%
- TransUnion has FCF yield of 3.59%