Venturex Resources FCF yield
What is the FCF yield of Venturex Resources?
The FCF yield of Venturex Resources Limited is -12.58%
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 Venturex Resources
What does Venturex Resources do?
Venturex Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. Venturex Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
Companies with fcf yield similar to Venturex Resources
- Pinnacle Renewable has FCF yield of -12.61%
- Volt Carbon Technologies Inc has FCF yield of -12.61%
- GOLO Mobile has FCF yield of -12.60%
- Troy Resources has FCF yield of -12.60%
- Gold Standard Ventures Corp has FCF yield of -12.59%
- Surge Copper has FCF yield of -12.59%
- Venturex Resources has FCF yield of -12.58%
- Bilibili Inc has FCF yield of -12.58%
- Core One Labs has FCF yield of -12.58%
- Carclo plc has FCF yield of -12.57%
- Torq Resources has FCF yield of -12.57%
- Bitterroot Resources has FCF yield of -12.56%
- King River Resources has FCF yield of -12.54%