Merafe Resources (JSE:MRF) FCF Yield % : 38.67 (As of May. 20, 2024)

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What is Merafe Resources 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, Merafe Resources's Trailing 12-Month Free Cash Flow is R1,208 Mil, and Market Cap is R3,124 Mil. Therefore, Merafe Resources's FCF Yield % for today is 38.67%.

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

JSE:MRF' s FCF Yield % Range Over the Past 10 Years
Min: -21.98 Med: 10.37 Max: 49.75
Current: 38.67

During the past 13 years, the highest FCF Yield % of Merafe Resources was 49.75%. The lowest was -21.98%. And the median was 10.37%.

JSE:MRF's FCF Yield % is ranked better than
99% of 2704 companies
in the Metals & Mining industry
Industry Median: -12.57 vs JSE:MRF: 38.67

Merafe Resources's FCF Margin % for the quarter that ended in Dec. 2023 was 14.30%.

Merafe Resources FCF Yield % Historical Data

The historical data trend for Merafe Resources'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.

Merafe Resources FCF Yield % Chart

Merafe Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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10.63

14.44

22.20

36.78

37.18

Merafe Resources 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															13.92	30.43	37.61	40.55	39.43

Competitive Comparison of Merafe Resources's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Merafe Resources'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.

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

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

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

Merafe Resources 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.

Merafe Resources's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	1207.961	/	3248.869
	=	37.18%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	640.48	*	2	/	3248.869
	=	39.43%

Merafe Resources 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.

Merafe Resources FCF Yield % Related Terms

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Merafe Resources (JSE:MRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Merafe Resources Ltd (JSE:MRF) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

RZT:Germany

Address

35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191

Website

https://www.meraferesources.co.za

Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.