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Cardeon AB (NGM:CARDEO) FCF Yield % : -611.70 (As of May. 13, 2024)


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What is Cardeon AB 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, Cardeon AB's Trailing 12-Month Free Cash Flow is kr-23.47 Mil, and Market Cap is kr3.84 Mil. Therefore, Cardeon AB's FCF Yield % for today is -611.70%.

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

NGM:CARDEO' s FCF Yield % Range Over the Past 10 Years
Min: -621.3   Med: -44.62   Max: -5.2
Current: -611.7


During the past 7 years, the highest FCF Yield % of Cardeon AB was -5.20%. The lowest was -621.30%. And the median was -44.62%.

NGM:CARDEO's FCF Yield % is ranked worse than
99.94% of 1595 companies
in the Asset Management industry
Industry Median: 2.98 vs NGM:CARDEO: -611.70

Cardeon AB's FCF Margin % for the quarter that ended in Dec. 2023 was -328.55%.


Cardeon AB FCF Yield % Historical Data

The historical data trend for Cardeon AB'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.

Cardeon AB FCF Yield % Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial -5.03 -81.25 -188.12 -41.56 -232.81

Cardeon AB Semi-Annual Data
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 -359.24 -90.43 -68.10 -35.84 -218.73

Competitive Comparison of Cardeon AB's FCF Yield %

For the Asset Management subindustry, Cardeon AB'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.


Cardeon AB's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardeon AB's FCF Yield % distribution charts can be found below:

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



Cardeon AB 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=-23.471 / 10.08162
=-232.81%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-11.026 * 2 / 10.08162
=-218.73%

* 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.


Cardeon AB 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.


Cardeon AB FCF Yield % Related Terms

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Cardeon AB (NGM:CARDEO) Business Description

Traded in Other Exchanges
N/A
Address
Gasverksgatan 3, Lund, SWE, SE-222 29
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.

Cardeon AB (NGM:CARDEO) Headlines

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