Encounter Resources FCF yield
What is the FCF yield of Encounter Resources?
The FCF yield of Encounter Resources Limited is -15.37%
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 Encounter Resources
What does Encounter Resources do?
Encounter Resources Limited engages in the exploration and development of mineral deposits in Australia. It explores for zinc, copper, gold, and cobalt deposits. The company holds interests in the Lamil and Yeneena projects located in the Paterson Province, Western Australia. It also holds interests in the Aileron project situated in the West Arunta, Western Australia; and the Elliott copper project located in the Northern Territory. The company was incorporated in 2004 and is based in Subiaco, Australia.
Companies with fcf yield similar to Encounter Resources
- Exagen Inc has FCF yield of -15.40%
- Falcon Gold has FCF yield of -15.39%
- Shanta Gold has FCF yield of -15.38%
- Predilife S.A has FCF yield of -15.38%
- Falcon Oil & Gas has FCF yield of -15.38%
- Redbank Copper has FCF yield of -15.38%
- Encounter Resources has FCF yield of -15.37%
- SNC-Lavalin has FCF yield of -15.37%
- Barksdale Capital has FCF yield of -15.37%
- DYNAM Japan Co has FCF yield of -15.36%
- Revival Gold has FCF yield of -15.36%
- Nemaura Medical has FCF yield of -15.36%
- Covenant Transportation has FCF yield of -15.35%