CLP FCF yield
What is the FCF yield of CLP?
The FCF yield of CLP Holdings Limited is 5.29%
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 HKSE compared to CLP
What does CLP do?
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Southeast Asia, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It serves 5.15 million retail customers in Hong Kong and Australia. The company is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. It has generating capacity of 20,018 equity megawatts; and 16,834 kilometers of transmission and high voltage distribution lines. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.
Companies with fcf yield similar to CLP
- TE Connectivity has FCF yield of 5.28%
- Northern Technologies International has FCF yield of 5.28%
- Ark Restaurants has FCF yield of 5.28%
- Obsidian has FCF yield of 5.28%
- Apple Inc has FCF yield of 5.29%
- The Interpublic of Companies has FCF yield of 5.29%
- CLP has FCF yield of 5.29%
- SEI Investments Co has FCF yield of 5.29%
- Osino Resources has FCF yield of 5.29%
- Tivity Health Inc has FCF yield of 5.30%
- Rogers Communications has FCF yield of 5.30%
- Evolent Health Inc has FCF yield of 5.30%
- Varex Imaging Corp has FCF yield of 5.30%