Danakali FCF yield
What is the FCF yield of Danakali?
The FCF yield of Danakali Limited is -1.62%
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 LSE compared to Danakali
What does Danakali do?
Danakali Limited engages in the exploration of minerals in Eritrea, East Africa. It focuses on the development of the Colluli potash project located in the Danakil Depression region of Eritrea. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015. Danakali Limited was incorporated in 2001 and is headquartered in Perth, Australia.
Companies with fcf yield similar to Danakali
- KUKA AG has FCF yield of -1.63%
- Mitesco has FCF yield of -1.63%
- Top Glove Bhd has FCF yield of -1.63%
- PPG Industries has FCF yield of -1.63%
- Voltabox AG has FCF yield of -1.63%
- ChemoCentryx Inc has FCF yield of -1.62%
- Danakali has FCF yield of -1.62%
- Blue Prism Plc has FCF yield of -1.62%
- Sigma Lithium has FCF yield of -1.62%
- Birchcliff has FCF yield of -1.61%
- ImmunoPrecise Antibodies has FCF yield of -1.61%
- East Africa Metals has FCF yield of -1.60%
- Alamos Gold has FCF yield of -1.60%