TraceSafe P/FCF
What is the P/FCF of TraceSafe?
The P/FCF of TraceSafe Inc. is 3.61
What is the definition of P/FCF?
Price to free cash flow (P/FCF) is a valuation metric that compares the company’s current share price to its free cash flow per share.
ttm (trailing twelve months)
Price to free cash flow (P/FCF) is a measure that value investors find useful to analyze a company’s finances in relation to its current stock price. It is a stricter measure than the price to cash flow ratio as it subtracts capital expenditures from cash flow.
Free cash flow relies heavily on the state of a company's cash from operations, which is in turn heavily influenced by the company's net income. Companies can manipulate their free cash flow by lengthening the time they take to pay their bills, shortening the time it takes to collect what's owed to them, and putting off buying inventory. It also depends on what items are considered capital expenditures and this can be different in case of different companies.
Lower values of P/FCF generally indicate a company that is undervalued and whose stock is relatively cheap in relation to its free cash flow. Conversely, higher P/FCF indicate that the company's stock is relatively overvalued. Value investors thus favor companies with low or decreasing price to free cash flow values that indicate high or increasing free cash flow totals and relatively low stock share prices.
It is best to compare price to free cash flow ratios between similar companies in the same industry. However, the P/FCF metric can also be viewed over a longer time frame to see if the company's cash flow to share price value is improving or declining.
P/FCF of companies in the Technology sector on OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with p/fcf similar to TraceSafe
- MSG Networks Inc has P/FCF of 3.59
- Medialink has P/FCF of 3.59
- Global Indemnity has P/FCF of 3.60
- Everest Re has P/FCF of 3.60
- Dundee Precious Metals has P/FCF of 3.60
- Caesarstone Ltd has P/FCF of 3.60
- TraceSafe has P/FCF of 3.61
- China Star Entertainment has P/FCF of 3.62
- Yancoal Australia Ltd has P/FCF of 3.62
- HV Bancorp Inc has P/FCF of 3.62
- Mondo TV S.p.A has P/FCF of 3.63
- Shopify has P/FCF of 3.63
- Southern Cross Electrical Engineering has P/FCF of 3.63