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Ztest Electronics (XCNQ:ZTE) FCF Yield % : 6.56 (As of Jun. 05, 2024)


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What is Ztest Electronics 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, Ztest Electronics's Trailing 12-Month Free Cash Flow is C$0.64 Mil, and Market Cap is C$9.69 Mil. Therefore, Ztest Electronics's FCF Yield % for today is 6.56%.

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

XCNQ:ZTE' s FCF Yield % Range Over the Past 10 Years
Min: -13.49   Med: 3.85   Max: 106.11
Current: 6.56


During the past 13 years, the highest FCF Yield % of Ztest Electronics was 106.11%. The lowest was -13.49%. And the median was 3.85%.

XCNQ:ZTE's FCF Yield % is ranked better than
74.75% of 2483 companies
in the Hardware industry
Industry Median: 1.11 vs XCNQ:ZTE: 6.56

Ztest Electronics's FCF Margin % for the quarter that ended in Dec. 2023 was 25.81%.


Ztest Electronics FCF Yield % Historical Data

The historical data trend for Ztest Electronics'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.

Ztest Electronics FCF Yield % Chart

Ztest Electronics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.15 4.05 -0.77 -4.35 4.70

Ztest Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -81.94 -48.71 20.98 4.68 95.91

Competitive Comparison of Ztest Electronics's FCF Yield %

For the Electronic Components subindustry, Ztest Electronics'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.


Ztest Electronics's FCF Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ztest Electronics's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ztest Electronics's FCF Yield % falls into.



Ztest Electronics 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.

Ztest Electronics's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=0.094 / 2.00154
=4.70%

Ztest Electronics's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0.635 * 4 / 2.648243
=95.91%

* 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.


Ztest Electronics 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.


Ztest Electronics FCF Yield % Related Terms

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Ztest Electronics (XCNQ:ZTE) Business Description

Traded in Other Exchanges
Address
523 McNicoll Avenue, North York, Toronto, ON, CAN, M2H 2C9
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates in Canada only.
Executives
Kenneth Michael Guerreiro Director

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