Nickel Industries (ASX:NIC) FCF Yield % : 6.27 (As of May. 03, 2024)

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What is Nickel Industries 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, Nickel Industries's Trailing 12-Month Free Cash Flow is A$255 Mil, and Market Cap is A$4,072 Mil. Therefore, Nickel Industries's FCF Yield % for today is 6.27%.

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

ASX:NIC' s FCF Yield % Range Over the Past 10 Years
Min: -4.52 Med: 4.18 Max: 14.49
Current: 6.27

During the past 5 years, the highest FCF Yield % of Nickel Industries was 14.49%. The lowest was -4.52%. And the median was 4.18%.

ASX:NIC's FCF Yield % is ranked better than
92.46% of 2706 companies
in the Metals & Mining industry
Industry Median: -13.35 vs ASX:NIC: 6.27

Nickel Industries's FCF Margin % for the quarter that ended in Dec. 2023 was 27.63%.

Nickel Industries FCF Yield % Historical Data

The historical data trend for Nickel Industries'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.

Nickel Industries FCF Yield % Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

-3.48

6.81

7.10

3.06

8.56

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial							7.90	-9.12	15.84	-10.15	26.28

Competitive Comparison of Nickel Industries's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.

Nickel Industries's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Industries's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nickel Industries's FCF Yield % falls into.

Nickel Industries 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.

Nickel Industries's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	255.116	/	2978.63795
	=	8.56%

Nickel Industries's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	391.325	*	2	/	2978.63795
	=	26.28%

Nickel Industries 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.

Nickel Industries FCF Yield % Related Terms

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Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.