Caeneus Minerals Ltd FCF yield
What is the FCF yield of Caeneus Minerals Ltd?
The FCF yield of Caeneus Minerals Ltd is -21.63%
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 Caeneus Minerals Ltd
What does Caeneus Minerals Ltd do?
Caeneus Minerals Ltd operates as a mineral exploration and development company in Australia and the United States. It explores for lithium, gold, platinum group metals, copper, and nickel deposits. The company holds interests in the Columbus Marsh project, the New King Lithium project, and the Rhodes Marsh project located in Nevada. It also holds interests in the Pardoo project, the Roberts Hill project, the Mt Berghaus project, and the Yule River project located in Western Australia. The company was formerly known as Matrix Metals Limited. Caeneus Minerals Ltd was incorporated in 1998 and is headquartered in Nedlands, Australia.
Companies with fcf yield similar to Caeneus Minerals Ltd
- Firebird Metals Ltd has FCF yield of -21.70%
- Angold Resources has FCF yield of -21.69%
- TELA Bio has FCF yield of -21.68%
- TruFin plc has FCF yield of -21.67%
- Iterum Therapeutics Plc has FCF yield of -21.65%
- Ridgeline Minerals has FCF yield of -21.63%
- Caeneus Minerals Ltd has FCF yield of -21.63%
- Providence Gold Mines has FCF yield of -21.63%
- Hazer has FCF yield of -21.59%
- HC (Asia) Co has FCF yield of -21.58%
- Jutal Offshore Oil Services has FCF yield of -21.57%
- GMV Minerals has FCF yield of -21.56%
- co.don AG has FCF yield of -21.56%