Shigan Quantum Technologies (NSE:SHIGAN) FCF Yield % : -0.39 (As of Jun. 02, 2024)

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What is Shigan Quantum Technologies 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, Shigan Quantum Technologies's Trailing 12-Month Free Cash Flow is ₹-6 Mil, and Market Cap is ₹1,558 Mil. Therefore, Shigan Quantum Technologies's FCF Yield % for today is -0.39%.

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

NSE:SHIGAN' s FCF Yield % Range Over the Past 10 Years
Min: -11.5 Med: -5.98 Max: 1
Current: -0.39

During the past 5 years, the highest FCF Yield % of Shigan Quantum Technologies was 1.00%. The lowest was -11.50%. And the median was -5.98%.

NSE:SHIGAN's FCF Yield % is ranked worse than
62% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 1.71 vs NSE:SHIGAN: -0.39

Shigan Quantum Technologies's FCF Margin % for the quarter that ended in Sep. 2023 was -0.92%.

Shigan Quantum Technologies FCF Yield % Historical Data

The historical data trend for Shigan Quantum Technologies'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.

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Shigan Quantum Technologies FCF Yield % Chart

Shigan Quantum Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

FCF Yield %

-1.16

-11.23

Shigan Quantum Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
FCF Yield %	Get a 7-Day Free Trial			-	-	-19.09	-	-0.59

Competitive Comparison of Shigan Quantum Technologies's FCF Yield %

For the Auto Parts subindustry, Shigan Quantum Technologies'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.

Shigan Quantum Technologies's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Shigan Quantum Technologies's FCF Yield % falls into.

Shigan Quantum Technologies 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.

Shigan Quantum Technologies's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-141.285	/	1258.3593
	=	-11.23%

Shigan Quantum Technologies's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-6.08	*	2	/	2062.357
	=	-0.59%

Shigan Quantum Technologies 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.

Shigan Quantum Technologies FCF Yield % Related Terms

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Shigan Quantum Technologies (NSE:SHIGAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shigan Quantum Technologies Ltd (NSE:SHIGAN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alier Bhangrola Road, Shyam Udyog Parisar, IMT Manesa, Gurugram, HR, IND, 122052

Website

https://www.shigan-quantum.com

Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of Alternate Fuel Systems Components including Compressed Natural Gas, Liquefied natural gas, Hydrogen Fuel Kit systems for original equipment manufacturer suppliers to auto industries The company manufactures Alternate Fuel Systems for heavy duty vehicles, light duty vehicles, and off- highway applications.

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