RenoWorks Software FCF yield
What is the FCF yield of RenoWorks Software?
The FCF yield of RenoWorks Software Inc. is -8.61%
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 Technology sector on TSXV compared to RenoWorks Software
What does RenoWorks Software do?
RenoWorks Software Inc. develops and distributes digital visualization software for the renovation and new home construction sectors in the United States, Canada, and internationally. The company provides Renoworks FastTrack, a platform that helps contractors to reduce and eliminate time-consuming home visits by automatically generating accurate measurement reports, true-to-life visualizations, and interactive 3D models; Renoworks Web visualizer, which enables customers to interact with building products and design their homes from anywhere; and Renoworks Product Configurator that allows customers to design building products, such as windows and doors with detail. It also offers Renoworks Auto-Recognition, which detects roofing, siding, windows, doors, and other products for designing homes; Renoworks Scene Builder, an interactive, engaging, and photo-realistic home visualizer solution to visualize design options and building products; product libraries, which showcases customer's product line; and mobile visualizer apps, as well as other home visualization software products. In addition, the company provides design, analytics, and integrations and application program interface services. It serves manufacturers, material suppliers, contractors and remodelers, marketing agencies, builders, and homeowners. The company is based in Calgary, Canada.
Companies with fcf yield similar to RenoWorks Software
- Muehlhan AG has FCF yield of -8.64%
- Enviva Inc has FCF yield of -8.63%
- Titan Mining has FCF yield of -8.63%
- Opawica Explorations has FCF yield of -8.63%
- Zhongchao has FCF yield of -8.63%
- 3D Systems has FCF yield of -8.62%
- RenoWorks Software has FCF yield of -8.61%
- Keweenaw Land Association has FCF yield of -8.60%
- Conroy Gold and Natural Resources plc has FCF yield of -8.60%
- Beach has FCF yield of -8.58%
- Ballard Power Systems has FCF yield of -8.58%
- Apollo Endosurgery Inc has FCF yield of -8.57%
- Eversource has FCF yield of -8.55%