Lepidico FCF yield
What is the FCF yield of Lepidico?
The FCF yield of Lepidico Limited is 0.19%
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 Lepidico
What does Lepidico do?
Lepidico Limited engages in the exploration, development, and production of lithium chemicals in Australia and internationally. The company operates through two segments, Mineral Exploration and Technology. Its technologies include L-Max technology, a hydro-metallurgical process for processing lithium mica slurry; S-Max that produces amorphous silica from a range of mica minerals, including lithium micas; and LOH-Max process, which produces high purity lithium hydroxide from lithium sulphate. In addition, it holds an 80% interest in the Karibib project located within the Karibib pegmatite belt in central Namibia in southwestern Africa. Lepidico Limited has a strategic collaboration with Cornish Lithium Ltd to focus on the development of a lithium chemical manufacturing center. The company was incorporated in 1979 and is based in Belmont, Australia.
Companies with fcf yield similar to Lepidico
- Svenska Cellulosa AB has FCF yield of 0.18%
- Ribbon Communications Inc has FCF yield of 0.18%
- Ezagoo has FCF yield of 0.19%
- Dawson Geophysical has FCF yield of 0.19%
- Digital Turbine Inc has FCF yield of 0.19%
- FRMO has FCF yield of 0.19%
- Lepidico has FCF yield of 0.19%
- Community First Bancshares has FCF yield of 0.20%
- Jiangsu Shemar Electric Co.,Ltd has FCF yield of 0.20%
- Assured Guaranty Ltd has FCF yield of 0.20%
- Brookfield Asset Management Ltd has FCF yield of 0.21%
- SmartRent Inc has FCF yield of 0.21%
- Legacy Housing has FCF yield of 0.22%