Aurum Resources Ltd FCF yield
What is the FCF yield of Aurum Resources Ltd?
The FCF yield of Aurum Resources Ltd is -31.70%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Materials sector on ASX compared to Aurum Resources Ltd
What does Aurum Resources Ltd do?
Aurum Resources Limited focuses on operating in the exploration and development business in Australia. It explores for gold, vanadium titanomagnetite, and nickel cobalt metals. Its projects include Penny South gold, the Unaly Hill South, and the Ryan's Find projects located in Western Australia. The company was incorporated in 2021 and is based in West Perth, Australia.
Companies with fcf yield similar to Aurum Resources Ltd
- ALX Oncology has FCF yield of -31.82%
- Boomer has FCF yield of -31.81%
- Tribe Property Technologies has FCF yield of -31.81%
- fuboTV has FCF yield of -31.79%
- NVC Lighting has FCF yield of -31.76%
- Uxin Ltd has FCF yield of -31.71%
- Aurum Resources Ltd has FCF yield of -31.70%
- BioHiTech Global Inc has FCF yield of -31.69%
- BPM Minerals has FCF yield of -31.67%
- Black Mammoth Metals has FCF yield of -31.64%
- Xtant Medical Inc has FCF yield of -31.64%
- International Lithium has FCF yield of -31.64%
- INEO Tech has FCF yield of -31.63%