Axion Ventures FCF yield
What is the FCF yield of Axion Ventures?
The FCF yield of Axion Ventures, Inc. is -2.10%
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 Communication Services sector on TSXV compared to Axion Ventures
What does Axion Ventures do?
Axion Ventures Inc., an investment issuer, primarily focuses on investments in the online video gaming and other information technology sectors in China and internationally. It is involved in the game software development, game operation, provision of outsourcing services, software licensing, and software training businesses. The company was formerly known as Capstream Ventures Inc. and changed its name to Axion Ventures Inc. in March 2017. Axion Ventures Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.
Companies with fcf yield similar to Axion Ventures
- Loop Media has FCF yield of -2.12%
- TT Electronics plc has FCF yield of -2.12%
- Korab Resources has FCF yield of -2.12%
- Gerresheimer AG has FCF yield of -2.11%
- AnalytixInsight, (Canada) has FCF yield of -2.10%
- HarborOne Bancorp has FCF yield of -2.10%
- Axion Ventures has FCF yield of -2.10%
- Severn Trent Plc has FCF yield of -2.10%
- China Hongqiao has FCF yield of -2.10%
- New World Development has FCF yield of -2.09%
- NeoPhotonics has FCF yield of -2.09%
- MSG Networks has FCF yield of -2.09%
- CyrusOne Inc has FCF yield of -2.08%