Canara Bank (BOM:532483) FCF Yield % : 13.36 (As of May. 20, 2024)

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What is Canara Bank 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, Canara Bank's Trailing 12-Month Free Cash Flow is ₹137,934 Mil, and Market Cap is ₹1,032,240 Mil. Therefore, Canara Bank's FCF Yield % for today is 13.36%.

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

BOM:532483' s FCF Yield % Range Over the Past 10 Years
Min: -62.18 Med: 0 Max: 13.94
Current: 13.36

During the past 13 years, the highest FCF Yield % of Canara Bank was 13.94%. The lowest was -62.18%. And the median was 0.00%.

BOM:532483's FCF Yield % is ranked better than
60.27% of 1432 companies
in the Banks industry
Industry Median: 10.31 vs BOM:532483: 13.36

Canara Bank's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.

Canara Bank FCF Yield % Historical Data

The historical data trend for Canara Bank'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.

Canara Bank FCF Yield % Chart

Canara Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

FCF Yield %

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-60.42

232.12

0.24

-78.65

13.08

Canara Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Canara Bank's FCF Yield %

For the Banks - Regional subindustry, Canara Bank'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.

Canara Bank's FCF Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canara Bank's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Canara Bank's FCF Yield % falls into.

Canara Bank 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.

Canara Bank's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	137933.5	/	1054190.943
	=	13.08%

Canara Bank's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	1054190.943
	=	0.00%

Canara Bank 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.

Canara Bank FCF Yield % Related Terms

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Canara Bank (BOM:532483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canara Bank (BOM:532483) » Definitions » FCF Yield %

Traded in Other Exchanges

CANBK:India

Address

No. 112, J C Road, Town Hall, Bengaluru, KA, IND, 560002

Website

https://www.canarabank.com

Canara Bank is an India-based commercial bank. The company's core businesses consist of Treasury Operations, Retail Banking Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, Hong Kong, and Dubai.

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