TNG FCF yield
What is the FCF yield of TNG?
The FCF yield of TNG Limited is -23.42%
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 OTC compared to TNG
What does TNG do?
TNG Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for iron ore, vanadium, titanium, nickel, and cobalt deposits. The company's flagship property is the Mount Peake project located to the north-west of Alice Springs in the Northern Territory. TNG Limited was incorporated in 1970 and is based in Subiaco, Australia.
Companies with fcf yield similar to TNG
- Ocuphire Pharma has FCF yield of -23.49%
- Parrot SA has FCF yield of -23.46%
- International Stem Cell has FCF yield of -23.44%
- Resources of Australia Ltd has FCF yield of -23.43%
- World Houseware () has FCF yield of -23.43%
- BurgerFi International has FCF yield of -23.42%
- TNG has FCF yield of -23.42%
- ATENOR SA has FCF yield of -23.39%
- Alkane Resources has FCF yield of -23.38%
- Sypris Solutions has FCF yield of -23.38%
- Shenandoah Telecommunications Co has FCF yield of -23.36%
- Almonty Industries has FCF yield of -23.36%
- Kuros Biosciences AG has FCF yield of -23.34%