TAG Oil FCF yield
What is the FCF yield of TAG Oil?
The FCF yield of TAG Oil Ltd. is -17.70%
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 Energy sector on TSXV compared to TAG Oil
What does TAG Oil do?
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, New Zealand, and Australia. It operates exploration and production permits in New Zealand; and an exploration and production permit in Australia. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. TAG Oil Ltd. was incorporated in 1990 and is headquartered in Vancouver, Canada.
Companies with fcf yield similar to TAG Oil
- Giga Metals has FCF yield of -17.74%
- Caldas Gold has FCF yield of -17.74%
- Americas Silver has FCF yield of -17.73%
- Seneca Foods has FCF yield of -17.73%
- Omai Gold Mines has FCF yield of -17.71%
- Entergy has FCF yield of -17.70%
- TAG Oil has FCF yield of -17.70%
- Vertical Exploration has FCF yield of -17.70%
- Anaconda Mining has FCF yield of -17.67%
- Ecoark has FCF yield of -17.66%
- Hot Chili has FCF yield of -17.66%
- Palladium One Mining has FCF yield of -17.65%
- Cashrewards has FCF yield of -17.65%