Mercury NZ (ASX:MCY) FCF Yield % : 3.16 (As of Apr. 28, 2024)

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What is Mercury NZ 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, Mercury NZ's Trailing 12-Month Free Cash Flow is A$264 Mil, and Market Cap is A$8,134 Mil. Therefore, Mercury NZ's FCF Yield % for today is 3.16%.

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

ASX:MCY' s FCF Yield % Range Over the Past 10 Years
Min: 0.32 Med: 3.26 Max: 6.83
Current: 3.16

During the past 11 years, the highest FCF Yield % of Mercury NZ was 6.83%. The lowest was 0.32%. And the median was 3.26%.

ASX:MCY's FCF Yield % is ranked better than
59.63% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: -0.265 vs ASX:MCY: 3.16

Mercury NZ's FCF Margin % for the quarter that ended in Jun. 2023 was 1.82%.

Mercury NZ FCF Yield % Historical Data

The historical data trend for Mercury NZ'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.

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Mercury NZ FCF Yield % Chart

Mercury NZ Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

FCF Yield %

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3.38

1.98

0.31

2.70

3.06

Mercury NZ Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
FCF Yield %	Get a 7-Day Free Trial															1.27	1.36	3.98	6.67	0.57

Competitive Comparison of Mercury NZ's FCF Yield %

For the Utilities - Renewable subindustry, Mercury NZ'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.

Mercury NZ's FCF Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's FCF Yield % distribution charts can be found below:

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

Mercury NZ 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	256.865	/	8400.06
	=	3.06%

Mercury NZ's annualized FCF Yield % for the quarter that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	23.767	*	2	/	8400.06
	=	0.57%

Mercury NZ 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.

Mercury NZ FCF Yield % Related Terms

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Mercury NZ (ASX:MCY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (ASX:MCY) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

MGHTF:USA MCY:New Zealand MRY:Germany

Address

33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142

Website

https://www.mercury.co.nz

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.