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Mie Co (NGO:3442) FCF Yield % : -11.88 (As of May. 30, 2024)


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What is Mie Co 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, Mie Co's Trailing 12-Month Free Cash Flow is 円-207 Mil, and Market Cap is 円1,745 Mil. Therefore, Mie Co's FCF Yield % for today is -11.88%.

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

NGO:3442' s FCF Yield % Range Over the Past 10 Years
Min: -19.46   Med: 0   Max: 0
Current: -11.88


NGO:3442's FCF Yield % is ranked worse than
81.21% of 628 companies
in the Steel industry
Industry Median: 2.975 vs NGO:3442: -11.88

Mie Co's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Mie Co FCF Yield % Historical Data

The historical data trend for Mie Co'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.

Mie Co FCF Yield % Chart

Mie Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.73 41.30 -48.25 19.20 -19.13

Mie Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Mie Co's FCF Yield %

For the Steel subindustry, Mie Co'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.


Mie Co's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's FCF Yield % distribution charts can be found below:

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



Mie Co 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.

Mie Co's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-207.242 / 1083.24
=-19.13%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0 * 4 / 1186.64114
=0.00%

* 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.


Mie Co 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.


Mie Co FCF Yield % Related Terms

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Mie Co (NGO:3442) Business Description

Traded in Other Exchanges
N/A
Address
1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company through its subsidiaries is engaged in manufacturing of stainless steel fittings and flanges and prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.

Mie Co (NGO:3442) Headlines

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