Air China FCF yield
What is the FCF yield of Air China?
The FCF yield of Air China Limited is 7.35%
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 Industrials sector on HKSE compared to Air China
What does Air China do?
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. The company operates through Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. As of December 31, 2020, it owned and operated 707 aircrafts to 1300 destinations in 195 countries. The company was founded in 1988 and is based in Beijing, the People's Republic of China. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited.
Companies with fcf yield similar to Air China
- Profire Inc has FCF yield of 7.33%
- Mitsui & Co has FCF yield of 7.34%
- Olin has FCF yield of 7.34%
- Boiron SA has FCF yield of 7.34%
- Polar Capital Plc has FCF yield of 7.34%
- Skyline has FCF yield of 7.35%
- Air China has FCF yield of 7.35%
- NetEase Inc has FCF yield of 7.35%
- Nine Entertainment Co has FCF yield of 7.35%
- Brady has FCF yield of 7.35%
- Biodelivery Sciences International has FCF yield of 7.36%
- FMC has FCF yield of 7.36%
- Sys plc has FCF yield of 7.36%