Alacer Gold FCF yield
What is the FCF yield of Alacer Gold?
The FCF yield of Alacer Gold Corp. is 12.70%
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 Alacer Gold
What does Alacer Gold do?
Alacer Gold Corp. engages in the mining, development, and exploration of mineral deposits in Turkey. It primarily holds an 80% interest in the Ãöpler gold mine that is located in the Erzincan Province, east-central Turkey. The company is based in Denver, Colorado. As of September 16, 2020, Alacer Gold Corp. operates as a subsidiary of SSR Mining Inc.
Companies with fcf yield similar to Alacer Gold
- HP Inc has FCF yield of 12.67%
- HBT Inc has FCF yield of 12.67%
- Air New Zealand has FCF yield of 12.68%
- Martifer SGPS has FCF yield of 12.69%
- Clearwater Seafoods has FCF yield of 12.69%
- Franklin Services has FCF yield of 12.70%
- Alacer Gold has FCF yield of 12.70%
- Isabella Bank has FCF yield of 12.70%
- Artisan Partners Asset Management Inc has FCF yield of 12.71%
- Ontex NV has FCF yield of 12.72%
- IHS Ltd has FCF yield of 12.72%
- CSMall has FCF yield of 12.73%
- West Fraser Timber Co has FCF yield of 12.73%