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Norandaome Fund (TSX:NIF.UN) FCF Yield % : 0.00 (As of Apr. 27, 2024)


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What is Norandaome Fund 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, Norandaome Fund's Trailing 12-Month Free Cash Flow is C$-12 Mil, and Market Cap is C$98 Mil. Therefore, Norandaome Fund's FCF Yield % for today is 0.00%.

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


TSX:NIF.UN's FCF Yield % is not ranked *
in the Metals & Mining industry.
Industry Median: -13.38
* Ranked among companies with meaningful FCF Yield % only.

Norandaome Fund's FCF Margin % for the quarter that ended in Sep. 2022 was 4.55%.


Norandaome Fund FCF Yield % Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund FCF Yield % Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.16 -55.87 -3.04 -67.92 -19.67

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 174.63 -64.10 -32.25 -49.01 88.82

Competitive Comparison of Norandaome Fund's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


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

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

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



Norandaome Fund 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.

Norandaome Fund's FCF Yield % for the fiscal year that ended in Dec. 2021 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-13.177 / 66.9866
=-19.67%

Norandaome Fund's annualized FCF Yield % for the quarter that ended in Sep. 2022 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=12.321 * 4 / 55.4889
=88.82%

* 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.


Norandaome Fund 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.


Norandaome Fund FCF Yield % Related Terms

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Norandaome Fund (TSX:NIF.UN) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

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