GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meeka Metals Ltd (ASX:MEK) » Definitions » FCF Yield %

Meeka Metals (ASX:MEK) FCF Yield % : -15.75 (As of May. 21, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Meeka Metals FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Meeka Metals's Trailing 12-Month Free Cash Flow is A$-7.20 Mil, and Market Cap is A$45.68 Mil. Therefore, Meeka Metals's FCF Yield % for today is -15.75%.

The historical rank and industry rank for Meeka Metals's FCF Yield % or its related term are showing as below:

ASX:MEK' s FCF Yield % Range Over the Past 10 Years
Min: -23.69   Med: 0   Max: 0
Current: -15.75


ASX:MEK's FCF Yield % is ranked worse than
56.75% of 2705 companies
in the Metals & Mining industry
Industry Median: -12.45 vs ASX:MEK: -15.75

Meeka Metals's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Meeka Metals FCF Yield % Historical Data

The historical data trend for Meeka Metals's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meeka Metals FCF Yield % Chart

Meeka Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.05 -8.12 -19.90 -13.68 -22.57

Meeka Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.30 -16.46 -11.52 -22.09 -12.91

Competitive Comparison of Meeka Metals's FCF Yield %

For the Gold subindustry, Meeka Metals's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meeka Metals's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Meeka Metals's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Meeka Metals's FCF Yield % falls into.



Meeka Metals FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Meeka Metals's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-8.191 / 36.29874
=-22.57%

Meeka Metals's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-3.188 * 2 / 49.3884
=-12.91%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meeka Metals FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Meeka Metals FCF Yield % Related Terms

Thank you for viewing the detailed overview of Meeka Metals's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meeka Metals (ASX:MEK) Business Description

Traded in Other Exchanges
Address
46 Ventnor Avenue, Second Floor, West Perth, Perth, WA, AUS, 6005
Meeka Metals Ltd is gold and rare earths company with a portfolio of high quality 100% owned projects across Western Australia. The projects of the company include Murchison Gold Project, Circle Valley project, Cascade Rare Earth Project, Circle Valley Rare Earth Project and others.

Meeka Metals (ASX:MEK) Headlines

No Headlines