Richards Packaging Income Fund FCF yield
What is the FCF yield of Richards Packaging Income Fund?
The FCF yield of Richards Packaging Income Fund is 9.05%
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 TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with fcf yield similar to Richards Packaging Income Fund
- DISH Network has FCF yield of 9.02%
- ARC Resources has FCF yield of 9.02%
- Gildan Activewear has FCF yield of 9.02%
- Cemex S.A.B. De C.V has FCF yield of 9.02%
- Gibson has FCF yield of 9.03%
- Livzon Pharmaceutical has FCF yield of 9.04%
- Richards Packaging Income Fund has FCF yield of 9.05%
- Tharisa plc has FCF yield of 9.05%
- Fox has FCF yield of 9.05%
- AGF Management has FCF yield of 9.05%
- SouthState has FCF yield of 9.06%
- Norseman Capital has FCF yield of 9.06%
- Nielsen plc has FCF yield of 9.06%