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Tamilnad Mercantile Bank (BOM:543596) FCF Yield % : -9.72 (As of Jun. 06, 2024)


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What is Tamilnad Mercantile Bank FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Tamilnad Mercantile Bank's Trailing 12-Month Free Cash Flow is ₹-7,113 Mil, and Market Cap is ₹73,222 Mil. Therefore, Tamilnad Mercantile Bank's FCF Yield % for today is -9.72%.

The historical rank and industry rank for Tamilnad Mercantile Bank's FCF Yield % or its related term are showing as below:

BOM:543596' s FCF Yield % Range Over the Past 10 Years
Min: -18.89   Med: 0   Max: 0
Current: -9.72


BOM:543596's FCF Yield % is ranked worse than
78.86% of 1438 companies
in the Banks industry
Industry Median: 10.525 vs BOM:543596: -9.72

Tamilnad Mercantile Bank's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Tamilnad Mercantile Bank FCF Yield % Historical Data

The historical data trend for Tamilnad Mercantile Bank's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tamilnad Mercantile Bank FCF Yield % Chart

Tamilnad Mercantile Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
FCF Yield %
- - - -21.02 -9.25

Tamilnad Mercantile Bank Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Tamilnad Mercantile Bank's FCF Yield %

For the Banks - Regional subindustry, Tamilnad Mercantile Bank's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamilnad Mercantile Bank's FCF Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tamilnad Mercantile Bank's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Tamilnad Mercantile Bank's FCF Yield % falls into.



Tamilnad Mercantile Bank FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Tamilnad Mercantile Bank's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-7112.6 / 76871.49295
=-9.25%

Tamilnad Mercantile Bank's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0 * 4 / 76871.49295
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tamilnad Mercantile Bank FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Tamilnad Mercantile Bank FCF Yield % Related Terms

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Tamilnad Mercantile Bank (BOM:543596) Business Description

Traded in Other Exchanges
Address
No. 57, Victoria Extension Road, Thoothukudi, TN, IND, 628 002
Tamilnad Mercantile Bank Ltd is the oldest private sector bank in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. The company has a portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. The segments of the bank are Treasury, Corporate- wholesale banking, Retail banking, and Other banking business services.

Tamilnad Mercantile Bank (BOM:543596) Headlines

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