Illumina FCF yield
What is the FCF yield of Illumina?
The FCF yield of Illumina, Inc. is 87.16%
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 Miscellaneous sector on LSE compared to Illumina
What does Illumina do?
Illumina, Inc. provides sequencing and array-based solutions for genetic and genomic analysis. Its products and services serve customers in a range of markets enabling the adoption of genomic solutions in research and clinical settings for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. The company provides instruments and consumables used in genetic analysis; and genotyping and sequencing services, instrument service contracts, and development and licensing agreements. Its customers include genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers in North America, Europe, Latin America, and the Asia-Pacific region, as well as sells through life-science distributors in various markets within Europe, the Asia-Pacific region, Latin America, the Middle East, and Africa. It has collaboration agreements with Geneseeq Technology Inc. to develop comprehensive in-vitro diagnostic (IVD) NGS testing kits for cancer; LetsGetChecked to track COVID-19 variants in California; and Merck & Co., Inc. to develop and commercialize tests that identify genetic mutations used in the assessment of homologous recombination deficiency. The company was incorporated in 1998 and is headquartered in San Diego, California.
Companies with fcf yield similar to Illumina
- Invesco has FCF yield of 86.31%
- Paragon Banking Plc has FCF yield of 86.39%
- Navios Maritime has FCF yield of 86.49%
- Sigmatron International has FCF yield of 86.75%
- Futong Technology Development has FCF yield of 86.77%
- FreightCar America Inc has FCF yield of 86.81%
- Illumina has FCF yield of 87.16%
- Tui Ag has FCF yield of 87.19%
- Les Hotels de Paris SA has FCF yield of 87.43%
- TransAtlantic Petroleum has FCF yield of 87.92%
- Alltronics has FCF yield of 88.19%
- Goodbaby International has FCF yield of 88.24%
- TheWorks.co.uk plc has FCF yield of 88.88%