Iron Road FCF yield
What is the FCF yield of Iron Road?
The FCF yield of Iron Road Limited is -0.85%
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 Iron Road
What does Iron Road do?
Iron Road Limited explores for and evaluates iron ore properties in Australia. It owns 100% interest in the Central Eyre iron project located on the Eyre Peninsula of South Australia; and 90% interest in the Gawler iron project located in South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of Sentient Executive GP IV, Limited.
Companies with fcf yield similar to Iron Road
- Aritzia has FCF yield of -0.86%
- Tailwind Acquisition has FCF yield of -0.86%
- 48475 has FCF yield of -0.86%
- HPQ-Silicon Resources has FCF yield of -0.85%
- Mind Gym plc has FCF yield of -0.85%
- Fujian Supertech Advanced Material Co has FCF yield of -0.85%
- Iron Road has FCF yield of -0.85%
- Eguana Technologies has FCF yield of -0.85%
- Hornby PLC has FCF yield of -0.84%
- JiaChen Ltd has FCF yield of -0.84%
- TMAC Resources has FCF yield of -0.83%
- ProntoForms has FCF yield of -0.83%
- Heng Hup has FCF yield of -0.83%