Power Assets FCF yield
What is the FCF yield of Power Assets?
The FCF yield of Power Assets Holdings Limited is 1.24%
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 Power Assets
What does Power Assets do?
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. The company generates energy from thermal, renewable energy, and waste sources. It also distributes gas; transmits oil; holds property and deposits; and provides consulting, investing, trust administration, and management services. The company has a generation capacity of 1,004 MW renewable energy/energy from waste, 4,754 MW gas fired, and 4,216 MW coal/oil fired; and operates 114,000 km of gas/oil pipeline, as well as 400,700 km of power network serving 19,192,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.
Companies with fcf yield similar to Power Assets
- DraftKings has FCF yield of 1.23%
- Siemens AG has FCF yield of 1.23%
- Unitedhealth Inc has FCF yield of 1.23%
- Integra Lifesciences Corp has FCF yield of 1.23%
- Biomarin Pharmaceutical has FCF yield of 1.23%
- Quectel Wireless Solutions Co., Ltd has FCF yield of 1.23%
- Power Assets has FCF yield of 1.24%
- TECSYS has FCF yield of 1.24%
- Power Integrations has FCF yield of 1.24%
- Sims Metal Management has FCF yield of 1.24%
- SGL Carbon SE has FCF yield of 1.24%
- UnitedHealth has FCF yield of 1.24%
- Brookfield Asset Management has FCF yield of 1.24%