MGE FCF yield
What is the FCF yield of MGE?
The FCF yield of MGE Energy, Inc. is 0.59%
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 Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with fcf yield similar to MGE
- Pharmaron Beijing Co has FCF yield of 0.57%
- MDU Resources Inc has FCF yield of 0.58%
- Tronox plc has FCF yield of 0.58%
- New Oriental Education & Technology has FCF yield of 0.58%
- Advance Nanotek has FCF yield of 0.59%
- Tiscali Spa has FCF yield of 0.59%
- MGE has FCF yield of 0.59%
- Pentair plc has FCF yield of 0.59%
- Innovator ETFs Trust has FCF yield of 0.59%
- OMRON has FCF yield of 0.59%
- Tanzanian Gold has FCF yield of 0.59%
- SRF has FCF yield of 0.59%
- Axonics Inc has FCF yield of 0.59%