2 Cheap Cars Group (NZSE:2CC) FCF Yield % : 41.83 (As of Apr. 27, 2024)

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What is 2 Cheap Cars 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, 2 Cheap Cars Group's Trailing 12-Month Free Cash Flow is NZ$14.87 Mil, and Market Cap is NZ$35.53 Mil. Therefore, 2 Cheap Cars Group's FCF Yield % for today is 41.83%.

The historical rank and industry rank for 2 Cheap Cars Group's FCF Yield % or its related term are showing as below:

NZSE:2CC' s FCF Yield % Range Over the Past 10 Years
Min: -25.17 Med: 13.18 Max: 126.63
Current: 41.83

During the past 3 years, the highest FCF Yield % of 2 Cheap Cars Group was 126.63%. The lowest was -25.17%. And the median was 13.18%.

NZSE:2CC's FCF Yield % is ranked better than
96.85% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 1.575 vs NZSE:2CC: 41.83

2 Cheap Cars Group's FCF Margin % for the quarter that ended in Sep. 2023 was 14.38%.

2 Cheap Cars Group FCF Yield % Historical Data

The historical data trend for 2 Cheap Cars 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.

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2 Cheap Cars Group FCF Yield % Chart

2 Cheap Cars Group Annual Data

Trend

Mar21

Mar22

Mar23

FCF Yield %

10.45

-7.87

97.09

2 Cheap Cars Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
FCF Yield %	Get a 7-Day Free Trial			4.49	-20.07	44.64	129.38	31.08

Competitive Comparison of 2 Cheap Cars Group's FCF Yield %

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars 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.

2 Cheap Cars Group's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's FCF Yield % falls into.

2 Cheap Cars 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.

2 Cheap Cars Group's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	13.268	/	13.66635
	=	97.09%

2 Cheap Cars Group's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	6.024	*	2	/	38.76
	=	31.08%

2 Cheap Cars 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.

2 Cheap Cars Group FCF Yield % Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061

Website

https://www.2cheapcars.co.nz

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

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