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Covisint (Covisint) FCF Yield % : -6.34 (As of May. 30, 2024)


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What is Covisint 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, Covisint's Trailing 12-Month Free Cash Flow is $0.00 Mil, and Market Cap is $100.17 Mil. Therefore, Covisint's FCF Yield % for today is -6.34%.

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

COVS' s FCF Yield % Range Over the Past 10 Years
Min: -29.41   Med: -8.25   Max: -3.49
Current: -6.34


During the past 8 years, the highest FCF Yield % of Covisint was -3.49%. The lowest was -29.41%. And the median was -8.25%.

COVS's FCF Yield % is not ranked
in the Software industry.
Industry Median: 0.41 vs COVS: -6.34

Covisint's FCF Margin % for the quarter that ended in Mar. 2017 was 14.46%.


Covisint FCF Yield % Historical Data

The historical data trend for Covisint'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.

Covisint FCF Yield % Chart

Covisint Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
FCF Yield %
Get a 7-Day Free Trial - -6.39 -15.34 -14.72 -7.14

Covisint Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 10.17 9.98 -30.49 -21.40 13.11

Competitive Comparison of Covisint's FCF Yield %

For the Software - Application subindustry, Covisint'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.


Covisint's FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Covisint's FCF Yield % distribution charts can be found below:

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



Covisint 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.

Covisint's FCF Yield % for the fiscal year that ended in Mar. 2017 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-5.985 / 83.775095
=-7.14%

Covisint's annualized FCF Yield % for the quarter that ended in Mar. 2017 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=2.745 * 4 / 83.775095
=13.11%

* 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.


Covisint 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.


Covisint FCF Yield % Related Terms

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Covisint (Covisint) Business Description

Traded in Other Exchanges
N/A
Address
Covisint Corp incorporated in April 2008 provides a cloud Platform for the development of identity-centric and IoT solutions. It packages and markets the Covisint Cloud Platform as three different offerings namely, The Covisint Identity Platform, The Covisint IoT Platform, and The Covisint Connected Vehicle Platform. The Covisint Platform offers a complete and tightly integrated set of technologies for one purpose- to enable trusted information sharing and secure interactions across people, systems and things. It offer these capabilities via the public cloud, and exposed via APIs, to enable developers to create custom solutions to transform their businesses.
Executives
William O Grabe director C/O COMPUWARE CORP, DETROIT MI 48226
John F. Smith director ONE DAUCH DR., DETROIT MI 48211
Dr. Homaira Akbari director 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224

Covisint (Covisint) Headlines

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