ConvaTec Group (LSE:CTEC) FCF Yield % : 3.61 (As of May. 21, 2024)

View and export this data going back to 2016. Start your Free Trial

What is ConvaTec Group 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, ConvaTec Group's Trailing 12-Month Free Cash Flow is £188 Mil, and Market Cap is £5,215 Mil. Therefore, ConvaTec Group's FCF Yield % for today is 3.61%.

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

LSE:CTEC' s FCF Yield % Range Over the Past 10 Years
Min: 0.12 Med: 3.99 Max: 9.53
Current: 3.61

During the past 11 years, the highest FCF Yield % of ConvaTec Group was 9.53%. The lowest was 0.12%. And the median was 3.99%.

LSE:CTEC's FCF Yield % is ranked better than
83.79% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: -2.68 vs LSE:CTEC: 3.61

ConvaTec Group's FCF Margin % for the quarter that ended in Dec. 2023 was 19.58%.

ConvaTec Group FCF Yield % Historical Data

The historical data trend for ConvaTec Group'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.

ConvaTec Group FCF Yield % Chart

ConvaTec Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

6.60

5.84

4.09

2.37

3.76

ConvaTec Group Semi-Annual Data
	Dec13	Dec14	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														4.81	1.72	3.08	0.96	6.72

Competitive Comparison of ConvaTec Group's FCF Yield %

For the Medical Instruments & Supplies subindustry, ConvaTec Group'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.

ConvaTec Group's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ConvaTec Group's FCF Yield % distribution charts can be found below:

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

ConvaTec Group 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	188.178	/	5005.58718
	=	3.76%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	168.112	*	2	/	5005.58718
	=	6.72%

ConvaTec Group 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.

ConvaTec Group FCF Yield % Related Terms

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

ConvaTec Group (LSE:CTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ConvaTec Group PLC (LSE:CTEC) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

CNVVF:USA CNVVY:USA CTECl:UK

Address

23 Forbury Road, 3 Forbury Place, Reading, GBR, RG1 3JH

Website

https://www.convatecgroup.com

Originally spun out of Bristol-Myers Squibb, Convatec designs, manufactures, and markets advanced wound care, ostomy, continence care, and infusion sets for the acute-care hospital and chronic-care home settings. Advanced wound care and continence care are the largest divisions, accounting for 30% and 26% of total revenue, respectively. Ostomy contributes 25% of revenue and infusion sets 19%.