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.
The historical rank and industry rank for Afrocentric Investment's FCF Yield % or its related term are showing as below:
JSE:ACT'
s FCF Yield % Range Over the Past 10 Years
Min: -9.98 Med: -1.29 Max: 17.84
Current: 17.84
During the past 13 years, the highest FCF Yield % of Afrocentric Investment was 17.84%. The lowest was -9.98%. And the median was -1.29%.
JSE:ACT's FCF Yield % is ranked better than 92.21% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 0.535
vs JSE:ACT: 17.84
* 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.
Competitive Comparison of Afrocentric Investment's FCF Yield %
For the Medical Care Facilities subindustry, Afrocentric Investment'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.
Afrocentric Investment's FCF Yield % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Afrocentric Investment's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Afrocentric Investment's FCF Yield % falls into.
Afrocentric Investment 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.
Afrocentric Investment's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Afrocentric Investment 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.
Afrocentric Investment FCF Yield % Related Terms
Thank you for viewing the detailed overview of Afrocentric Investment's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Afrocentric Investment (JSE:ACT) Business Description
Afrocentric Investment Corp Ltd is a black-owned investment holding company with an investment portfolio focused on services to the healthcare sector. It seeks to invest in healthcare-related businesses that demonstrate prospects for growth as well as diversify its revenue sources while contributing to the sustainable health and welfare of South African communities. The company provides health administration and health risk management solutions to the healthcare industry. It also provides a range of complementary services to its traditional medical scheme clients and a portfolio of healthcare-related enterprises. These services include information technology solutions, transactional switching, specialized disease management, pharmaceutical wholesaling, amongst others.
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