GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Afloat Enterprises Ltd (BOM:543377) » Definitions » FCF Yield %

Afloat Enterprises (BOM:543377) FCF Yield % : 20.59 (As of May. 24, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Afloat Enterprises 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, Afloat Enterprises's Trailing 12-Month Free Cash Flow is ₹10.04 Mil, and Market Cap is ₹48.77 Mil. Therefore, Afloat Enterprises's FCF Yield % for today is 20.59%.

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

BOM:543377' s FCF Yield % Range Over the Past 10 Years
Min: -156.38   Med: -17.97   Max: 144.01
Current: 20.59


During the past 5 years, the highest FCF Yield % of Afloat Enterprises was 144.01%. The lowest was -156.38%. And the median was -17.97%.

BOM:543377's FCF Yield % is ranked better than
85.85% of 629 companies
in the Steel industry
Industry Median: 3.06 vs BOM:543377: 20.59

Afloat Enterprises's FCF Margin % for the quarter that ended in Sep. 2023 was 63.85%.


Afloat Enterprises FCF Yield % Historical Data

The historical data trend for Afloat Enterprises'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.

Afloat Enterprises FCF Yield % Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
FCF Yield %
- - - -86.73 -19.06

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
FCF Yield % Get a 7-Day Free Trial - - -21.07 -11.93 48.52

Competitive Comparison of Afloat Enterprises's FCF Yield %

For the Steel subindustry, Afloat Enterprises'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.


Afloat Enterprises's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Afloat Enterprises's FCF Yield % falls into.



Afloat Enterprises 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.

Afloat Enterprises's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-6.429 / 33.7292
=-19.06%

Afloat Enterprises's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=12.052 * 2 / 49.6822
=48.52%

* 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.


Afloat Enterprises 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.


Afloat Enterprises FCF Yield % Related Terms

Thank you for viewing the detailed overview of Afloat Enterprises's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Afloat Enterprises (BOM:543377) Business Description

Traded in Other Exchanges
N/A
Address
Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

No Headlines