Fortescue (ASX:FMG) FCF Yield % : 10.62 (As of Apr. 28, 2024)

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What is Fortescue 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, Fortescue's Trailing 12-Month Free Cash Flow is A$8,368 Mil, and Market Cap is A$78,791 Mil. Therefore, Fortescue's FCF Yield % for today is 10.62%.

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

ASX:FMG' s FCF Yield % Range Over the Past 10 Years
Min: -34.95 Med: 14.95 Max: 80.15
Current: 10.62

During the past 13 years, the highest FCF Yield % of Fortescue was 80.15%. The lowest was -34.95%. And the median was 14.95%.

ASX:FMG's FCF Yield % is ranked better than
94.83% of 2706 companies
in the Metals & Mining industry
Industry Median: -13.38 vs ASX:FMG: 10.62

Fortescue's FCF Margin % for the quarter that ended in Dec. 2023 was 27.98%.

Fortescue FCF Yield % Historical Data

The historical data trend for Fortescue'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.

Fortescue FCF Yield % Chart

Fortescue Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

FCF Yield %

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17.24

15.19

16.78

10.13

9.89

Fortescue 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															3.29	16.60	7.44	12.86	8.90

Competitive Comparison of Fortescue's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Fortescue'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.

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

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

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

Fortescue 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.

Fortescue's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	6751.19	/	68291.3328
	=	9.89%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	3975.534	*	2	/	89351.4192
	=	8.90%

Fortescue 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.

Fortescue FCF Yield % Related Terms

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Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » FCF Yield %

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FSUMF:USA FSUGY:USA FVJ:Germany

Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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