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Concord Acquisition III (Concord Acquisition III) FCF Yield % : -3.24 (As of May. 21, 2024)


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What is Concord Acquisition III 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, Concord Acquisition III's Trailing 12-Month Free Cash Flow is $-2.68 Mil, and Market Cap is $82.69 Mil. Therefore, Concord Acquisition III's FCF Yield % for today is -3.24%.

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

CNDB' s FCF Yield % Range Over the Past 10 Years
Min: -3.24   Med: 0   Max: 0
Current: -3.24


CNDB's FCF Yield % is ranked worse than
65.24% of 630 companies
in the Diversified Financial Services industry
Industry Median: -1.45 vs CNDB: -3.24

Concord Acquisition III's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Concord Acquisition III FCF Yield % Historical Data

The historical data trend for Concord Acquisition III'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.

Concord Acquisition III FCF Yield % Chart

Concord Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.34 -2.02

Concord Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.65 -0.18 -4.64 -1.42 -1.38

Competitive Comparison of Concord Acquisition III's FCF Yield %

For the Shell Companies subindustry, Concord Acquisition III'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.


Concord Acquisition III's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Concord Acquisition III's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Concord Acquisition III's FCF Yield % falls into.



Concord Acquisition III 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.

Concord Acquisition III's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-2.677 / 132.701184
=-2.02%

Concord Acquisition III's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.458 * 4 / 132.701184
=-1.38%

* 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.


Concord Acquisition III 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.


Concord Acquisition III FCF Yield % Related Terms

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Concord Acquisition III (Concord Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, New York, NY, USA, 10022
Website
Concord Acquisition Corp III is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Diamond Robert E. Jr. director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Jeffrey Tuder director, officer: Chief Executive Officer 6 GREENHOUSE DRIVE, PRINCETON NJ 08540
Thomas C. King director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Peter Ort director C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Michele Cito officer: Chief Financial Officer C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Concord Sponsor Group Iii 10 percent owner 477 MADISON AVENUE, NEW YORK NY 10022