Essentra Plc FCF yield
What is the FCF yield of Essentra Plc?
The FCF yield of Essentra Plc is 3.02%
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 Consumer Discretionary sector on LSE compared to Essentra Plc
What does Essentra Plc do?
Essentra plc provides essential components and solutions worldwide. The Components division manufactures and distributes plastic injection molded, vinyl dip-molded, and metal items for equipment manufacturing, automotive, fabrication, electronics, and construction industries; and component solutions comprising caps and plugs, wire and cable management products, flange protection products, knobs, handles and grips, PCB and electronics hardware, and tools and precision instruments for a range of applications and industries that are used in protection and finish products. The Packaging division provides cartons, leaflets, self-adhesive labels, and printed foils for use in blister packs; and packaging and authentication solutions to the health and personal care sectors. The Filter division offers filters and packaging solutions to the roll own segments; analytical laboratory services; and e-cigarette and heat not burn solutions for next generation products. The company was formerly known as Filtrona plc and changed its name to Essentra plc in June 2013. Essentra plc was incorporated in 2005 and is based in Milton Keynes, the United Kingdom.
Companies with fcf yield similar to Essentra Plc
- Schneider Electric SE has FCF yield of 3.01%
- Descartes Systems Inc has FCF yield of 3.01%
- PopReach has FCF yield of 3.01%
- The Mosaic has FCF yield of 3.01%
- Zhaojin Mining Industry has FCF yield of 3.01%
- Smurfit Kappa Plc has FCF yield of 3.02%
- Essentra Plc has FCF yield of 3.02%
- Aptitude Software plc has FCF yield of 3.02%
- Dr. Reddy's Laboratories has FCF yield of 3.02%
- United Parcel Service has FCF yield of 3.02%
- Cummins has FCF yield of 3.03%
- Steppe Cement has FCF yield of 3.03%
- Life Healthcare has FCF yield of 3.03%