Ice Make Refrigeration (NSE:ICEMAKE) FCF Yield % : 2.49 (As of May. 26, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ice Make Refrigeration 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, Ice Make Refrigeration's Trailing 12-Month Free Cash Flow is ₹206 Mil, and Market Cap is ₹8,273 Mil. Therefore, Ice Make Refrigeration's FCF Yield % for today is 2.49%.

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

NSE:ICEMAKE' s FCF Yield % Range Over the Past 10 Years
Min: -8.4 Med: -6.08 Max: 2.49
Current: 2.49

During the past 11 years, the highest FCF Yield % of Ice Make Refrigeration was 2.49%. The lowest was -8.40%. And the median was -6.08%.

NSE:ICEMAKE's FCF Yield % is ranked better than
60.97% of 3026 companies
in the Industrial Products industry
Industry Median: 0.605 vs NSE:ICEMAKE: 2.49

Ice Make Refrigeration's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

Ice Make Refrigeration FCF Yield % Historical Data

The historical data trend for Ice Make Refrigeration'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.

Ice Make Refrigeration FCF Yield % Chart

Ice Make Refrigeration Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

FCF Yield %

Get a 7-Day Free Trial

-2.42

-14.73

7.13

2.81

4.97

Ice Make Refrigeration Quarterly Data
	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Ice Make Refrigeration's FCF Yield %

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.

Ice Make Refrigeration's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ice Make Refrigeration's FCF Yield % falls into.

Ice Make Refrigeration 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.

Ice Make Refrigeration's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	205.747	/	4137.43734
	=	4.97%

Ice Make Refrigeration'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	*	4	/	9958.8528
	=	0.00%

Ice Make Refrigeration 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.

Ice Make Refrigeration FCF Yield % Related Terms

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

Ice Make Refrigeration (NSE:ICEMAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ice Make Refrigeration Ltd (NSE:ICEMAKE) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721

Website

https://www.icemakeindia.com

Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

Ice Make Refrigeration (NSE:ICEMAKE) Headlines

No Headlines