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Mehow Innovative (SZSE:301363) FCF Yield % : 1.00 (As of Jun. 05, 2024)


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What is Mehow Innovative 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, Mehow Innovative's Trailing 12-Month Free Cash Flow is ¥109 Mil, and Market Cap is ¥10,833 Mil. Therefore, Mehow Innovative's FCF Yield % for today is 1.00%.

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

SZSE:301363' s FCF Yield % Range Over the Past 10 Years
Min: 0.62   Med: 1.02   Max: 1.77
Current: 1


During the past 6 years, the highest FCF Yield % of Mehow Innovative was 1.77%. The lowest was 0.62%. And the median was 1.02%.

SZSE:301363's FCF Yield % is ranked better than
66.63% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: -2.745 vs SZSE:301363: 1.00

Mehow Innovative's FCF Margin % for the quarter that ended in Mar. 2024 was 8.68%.


Mehow Innovative FCF Yield % Historical Data

The historical data trend for Mehow Innovative'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.

Mehow Innovative FCF Yield % Chart

Mehow Innovative Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial - - - 1.06 0.61

Mehow Innovative Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.18 1.04 1.49 -0.42 0.97

Competitive Comparison of Mehow Innovative's FCF Yield %

For the Medical Devices subindustry, Mehow Innovative'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.


Mehow Innovative's FCF Yield % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Mehow Innovative's FCF Yield % falls into.



Mehow Innovative 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.

Mehow Innovative's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=91.592 / 14965.088
=0.61%

Mehow Innovative's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=24.433 * 4 / 10117.7008
=0.97%

* 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.


Mehow Innovative 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.


Mehow Innovative FCF Yield % Related Terms

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Mehow Innovative (SZSE:301363) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.
Executives
Tan Jing Xia Secretary Dong

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