Calidus Resources FCF yield
What is the FCF yield of Calidus Resources?
The FCF yield of Calidus Resources Limited is 13.17%
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 Calidus Resources
What does Calidus Resources do?
Calidus Resources Limited engages in the exploration and exploitation of gold minerals in Australia. The company holds interests in the Warrawoona Gold project covering an area of approximately 780 square kilometers located in the East Pilbara district of the Pilbara Goldfield in Western Australia; and the Blue Spec project located in the Pilbara Goldfield in Western Australia. It also holds a 70% interest in the Otways gold-copper project located in Western Australia. The company was incorporated in 1986 and is based in West Perth, Australia.
Companies with fcf yield similar to Calidus Resources
- Xiaomi has FCF yield of 13.15%
- ADT Inc has FCF yield of 13.15%
- NewRiver REIT plc has FCF yield of 13.15%
- Ef funders Ventures Inc has FCF yield of 13.16%
- Vinci Partners Investments Ltd has FCF yield of 13.16%
- frontdoor, inc has FCF yield of 13.16%
- Calidus Resources has FCF yield of 13.17%
- Russel Metals has FCF yield of 13.17%
- USA Truck has FCF yield of 13.17%
- Excelsior Capital has FCF yield of 13.17%
- Oi Wah Pawnshop Credit has FCF yield of 13.17%
- Engenco has FCF yield of 13.18%
- Primerica Inc has FCF yield of 13.19%