Altius Renewable Royalties (TSX:ARR) FCF Yield % : 0.21 (As of May. 06, 2024)

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What is Altius Renewable Royalties 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, Altius Renewable Royalties's Trailing 12-Month Free Cash Flow is C$1.87 Mil, and Market Cap is C$288.79 Mil. Therefore, Altius Renewable Royalties's FCF Yield % for today is 0.21%.

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

TSX:ARR' s FCF Yield % Range Over the Past 10 Years
Min: -1.46 Med: -0.58 Max: 0.25
Current: 0.21

During the past 6 years, the highest FCF Yield % of Altius Renewable Royalties was 0.25%. The lowest was -1.46%. And the median was -0.58%.

TSX:ARR's FCF Yield % is ranked better than
51.72% of 437 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.13 vs TSX:ARR: 0.21

Altius Renewable Royalties's FCF Margin % for the quarter that ended in Mar. 2024 was 43.92%.

Altius Renewable Royalties FCF Yield % Historical Data

The historical data trend for Altius Renewable Royalties'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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Altius Renewable Royalties FCF Yield % Chart

Altius Renewable Royalties Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-0.60

-0.58

0.25

Altius Renewable Royalties Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial														-0.95	0.25	0.35	1.36	0.89

Competitive Comparison of Altius Renewable Royalties's FCF Yield %

For the Utilities - Renewable subindustry, Altius Renewable Royalties'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.

Altius Renewable Royalties's FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altius Renewable Royalties's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Altius Renewable Royalties's FCF Yield % falls into.

Altius Renewable Royalties 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.

Altius Renewable Royalties's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	0.602	/	242.606288
	=	0.25%

Altius Renewable Royalties's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0.646	*	4	/	289.83582
	=	0.89%

Altius Renewable Royalties 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.

Altius Renewable Royalties FCF Yield % Related Terms

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Altius Renewable Royalties (TSX:ARR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altius Renewable Royalties Corp (TSX:ARR) » Definitions » FCF Yield %

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Traded in Other Exchanges

ATRWF:USA 7VZ:Germany

Address

38 Duffy Place, 2nd Floor, Saint Johns, NL, CAN, A1B 4M5

Website

https://www.arr.energy

Altius Renewable Royalties Corp is a renewable energy royalty company whose business is to invest in renewable power developers and originators. The company's long-term strategy is to gain exposure to revenue underlying renewable energy operations by acquiring and managing a portfolio of diversified renewable energy royalties including acquiring royalties and other interests directly from project originators, developers, operators, and third-party holders of existing royalties. The Company manages its business under one operating segment consisting of the acquisition and management of renewable energy investments and royalties in North America.