Canadian Solar Inc FCF yield
What is the FCF yield of Canadian Solar Inc?
The FCF yield of Canadian Solar Inc is 12.76%
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 NASDAQ compared to Canadian Solar Inc
What does Canadian Solar Inc do?
canadian solar inc. (csi) designs, develops, manufactures and sells solar cell and module products that convert sunlight into electricity for a variety of uses. the company conducts all of its manufacturing operations in china. the company's products include a range of standard solar modules built to general specifications for use in a range of residential, commercial and industrial solar power generation systems. it also designs and produces specialty solar modules and products based on its customers' requirements. specialty solar modules and products consist of customized modules that its customers incorporate into their own products, such as solar-powered bus stop lighting, and complete specialty products, such as solar-powered car battery chargers. it sells its products under its canadian solar brand name and to original equipment manufacturing (oem) customers under their brand names.
Companies with fcf yield similar to Canadian Solar Inc
- West Fraser Timber Co has FCF yield of 12.73%
- Gulf Resources Inc has FCF yield of 12.74%
- CRH Medical has FCF yield of 12.74%
- Bazaarvoice has FCF yield of 12.74%
- First National has FCF yield of 12.74%
- LSI Industries has FCF yield of 12.75%
- Canadian Solar Inc has FCF yield of 12.76%
- Primo Water has FCF yield of 12.76%
- Primo Water has FCF yield of 12.77%
- Zurich Insurance AG has FCF yield of 12.78%
- RMR Inc has FCF yield of 12.79%
- Fresenius SE & Co. KGaA has FCF yield of 12.79%
- Radian has FCF yield of 12.79%