PolarX FCF yield
What is the FCF yield of PolarX?
The FCF yield of PolarX Limited is -17.03%
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 PolarX
What does PolarX do?
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company explores for copper, silver, and gold deposits. Its principal property is the Alaska Range project, which comprise Stellar and Caribou Dome project covering an area of approximately 262 square kilometers located in Alaska. The company was incorporated in 1945 and is based in Subiaco, Australia.
Companies with fcf yield similar to PolarX
- Aben Resources has FCF yield of -17.05%
- Calfrac Well Services has FCF yield of -17.04%
- Qingling Motors Co has FCF yield of -17.04%
- RemSense Technologies Ltd has FCF yield of -17.03%
- Amur Minerals has FCF yield of -17.03%
- Genasys Inc has FCF yield of -17.03%
- PolarX has FCF yield of -17.03%
- Plug Power has FCF yield of -17.02%
- Westhaven Ventures has FCF yield of -17.02%
- BBMG has FCF yield of -17.01%
- Northern Superior Resources has FCF yield of -17.00%
- Kading Companies, SA has FCF yield of -17.00%
- Brookdale Senior Living Inc has FCF yield of -16.99%