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Kwang Ming Silk Mill Co (ROCO:4420) FCF Yield % : -3.23 (As of Jun. 06, 2024)


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What is Kwang Ming Silk Mill Co 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, Kwang Ming Silk Mill Co's Trailing 12-Month Free Cash Flow is NT$-76.5 Mil, and Market Cap is NT$2,362.6 Mil. Therefore, Kwang Ming Silk Mill Co's FCF Yield % for today is -3.23%.

The historical rank and industry rank for Kwang Ming Silk Mill Co's FCF Yield % or its related term are showing as below:

ROCO:4420' s FCF Yield % Range Over the Past 10 Years
Min: -26.01   Med: 0.1   Max: 23.21
Current: -3.23


During the past 13 years, the highest FCF Yield % of Kwang Ming Silk Mill Co was 23.21%. The lowest was -26.01%. And the median was 0.10%.

ROCO:4420's FCF Yield % is ranked worse than
71.95% of 1073 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.51 vs ROCO:4420: -3.23

Kwang Ming Silk Mill Co's FCF Margin % for the quarter that ended in Mar. 2024 was -30.93%.


Kwang Ming Silk Mill Co FCF Yield % Historical Data

The historical data trend for Kwang Ming Silk Mill Co'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.

Kwang Ming Silk Mill Co FCF Yield % Chart

Kwang Ming Silk Mill Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.64 -8.94 -7.12 18.88 -1.82

Kwang Ming Silk Mill Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.84 -8.61 6.02 -14.13 -10.78

Competitive Comparison of Kwang Ming Silk Mill Co's FCF Yield %

For the Textile Manufacturing subindustry, Kwang Ming Silk Mill Co'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.


Kwang Ming Silk Mill Co's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kwang Ming Silk Mill Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Kwang Ming Silk Mill Co's FCF Yield % falls into.



Kwang Ming Silk Mill Co 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.

Kwang Ming Silk Mill Co's FCF Yield % for the fiscal year that ended in Dec. 2022 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-22.239 / 1219.71825
=-1.82%

Kwang Ming Silk Mill Co's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-52.064 * 4 / 1931.72625
=-10.78%

* 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.


Kwang Ming Silk Mill Co 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.


Kwang Ming Silk Mill Co FCF Yield % Related Terms

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Kwang Ming Silk Mill Co (ROCO:4420) Business Description

Traded in Other Exchanges
N/A
Address
No.607, Ruiguang Road, Neihu Dis, Taipei, TWN
Kwang Ming Silk Mill Co Ltd is a Taiwan-based company engages in the manufacture and sale of woven fabric and blended fibers. Its products are used to manufacture bridal dress, sports, and casual wears, household decorations, industrial fabrics, and lining cloth, among others.

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