MGI Tech Co (SHSE:688114) FCF Yield % : -6.56 (As of May. 17, 2024)

View and export this data going back to 2022. Start your Free Trial

What is MGI Tech 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, MGI Tech Co's Trailing 12-Month Free Cash Flow is ¥-1,504 Mil, and Market Cap is ¥22,939 Mil. Therefore, MGI Tech Co's FCF Yield % for today is -6.56%.

The historical rank and industry rank for MGI Tech Co's FCF Yield % or its related term are showing as below:

SHSE:688114' s FCF Yield % Range Over the Past 10 Years
Min: -8.26 Med: -1.24 Max: 4.5
Current: -6.56

During the past 7 years, the highest FCF Yield % of MGI Tech Co was 4.50%. The lowest was -8.26%. And the median was -1.24%.

SHSE:688114's FCF Yield % is ranked worse than
58.57% of 869 companies
in the Medical Devices & Instruments industry
Industry Median: -2.7 vs SHSE:688114: -6.56

MGI Tech Co's FCF Margin % for the quarter that ended in Mar. 2024 was -72.73%.

MGI Tech Co FCF Yield % Historical Data

The historical data trend for MGI Tech 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.

MGI Tech Co FCF Yield % Chart

MGI Tech Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

1.05

-4.55

MGI Tech Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial													-5.18	-4.47	-6.76	-2.12	-6.28

Competitive Comparison of MGI Tech Co's FCF Yield %

For the Medical Devices subindustry, MGI Tech 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.

MGI Tech Co's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where MGI Tech Co's FCF Yield % falls into.

MGI Tech 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.

MGI Tech Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1628.184	/	35753.18076
	=	-4.55%

MGI Tech 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
	=	-386.006	*	4	/	24580.83132
	=	-6.28%

MGI Tech 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.

MGI Tech Co FCF Yield % Related Terms

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

MGI Tech Co (SHSE:688114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MGI Tech Co Ltd (SHSE:688114) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beishan Industrial Zone, 2nd Floor, Comprehensive Building and Building 11, Yantian District, Guangdong Province, Shenzhen, CHN, 518083

Website

http://www.mgi-tech.com

MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare and other relevant industries.

MGI Tech Co (SHSE:688114) Headlines

No Headlines