Progress Software FCF yield
What is the FCF yield of Progress Software?
The FCF yield of Progress Software Corp. is 9.38%
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 Technology sector on NASDAQ compared to Progress Software
What does Progress Software do?
progress software corporation (nasdaq: prgs) is a global software company that simplifies the development, deployment and management of business applications on-premise or on any cloud, on any platform and on any device with minimal it complexity and low total cost of ownership. over 400,000 end-user customers globally run on progress openedge-based applications, and more than 1,400 isvs around the world are powered by progress software. global headquarters 14 oak park drive bedford, ma 01730 usa +781-280-4000
Companies with fcf yield similar to Progress Software
- Life Storage Inc has FCF yield of 9.36%
- Richelieu Hardware has FCF yield of 9.37%
- WSFS has FCF yield of 9.37%
- Godaddy Inc has FCF yield of 9.38%
- China Overseas Land & Investment has FCF yield of 9.38%
- Hasbro has FCF yield of 9.38%
- Progress Software has FCF yield of 9.38%
- Spotify Technology S.A has FCF yield of 9.38%
- Parsons Corp has FCF yield of 9.38%
- Empire State Realty Trust Inc has FCF yield of 9.39%
- APRIL has FCF yield of 9.39%
- Associated British Foods Plc has FCF yield of 9.39%
- Alpha Pro Tech has FCF yield of 9.40%