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Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) 3-Year FCF Growth Rate : 3.00% (As of Mar. 2024)


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What is Shenzhen Mindray Bio-Medical Electronics Co 3-Year FCF Growth Rate?

Shenzhen Mindray Bio-Medical Electronics Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥2.03.

During the past 12 months, Shenzhen Mindray Bio-Medical Electronics Co's average Free Cash Flow per Share Growth Rate was -4.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 22.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 10 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Shenzhen Mindray Bio-Medical Electronics Co was 37.60% per year. The lowest was 3.00% per year. And the median was 27.50% per year.


Competitive Comparison of Shenzhen Mindray Bio-Medical Electronics Co's 3-Year FCF Growth Rate

For the Medical Devices subindustry, Shenzhen Mindray Bio-Medical Electronics Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Shenzhen Mindray Bio-Medical Electronics Co's 3-Year FCF Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen Mindray Bio-Medical Electronics Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Shenzhen Mindray Bio-Medical Electronics Co's 3-Year FCF Growth Rate falls into.



Shenzhen Mindray Bio-Medical Electronics Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Shenzhen Mindray Bio-Medical Electronics Co  (SZSE:300760) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Shenzhen Mindray Bio-Medical Electronics Co 3-Year FCF Growth Rate Related Terms

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Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) Business Description

Traded in Other Exchanges
N/A
Address
Keji 12th Road South, Mindray Building, Hi-tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Shenzhen Mindray Bio-Medical Electronics Co Ltd is a developer, manufacturer, and supplier of medical devices. The company is focused on the medical industry in the fields of Patient Monitoring & Life Support, InVitro Diagnostics, and Medical Imaging.

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