Comet Industries (TSXV:CMU) FCF Yield % : -3.52 (As of Apr. 29, 2024)

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What is Comet Industries 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, Comet Industries's Trailing 12-Month Free Cash Flow is C$-0.74 Mil, and Market Cap is C$21.00 Mil. Therefore, Comet Industries's FCF Yield % for today is -3.52%.

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

TSXV:CMU' s FCF Yield % Range Over the Past 10 Years
Min: -5.45 Med: 0.11 Max: 0.73
Current: -3.52

During the past 13 years, the highest FCF Yield % of Comet Industries was 0.73%. The lowest was -5.45%. And the median was 0.11%.

TSXV:CMU's FCF Yield % is ranked worse than
67.67% of 1825 companies
in the Real Estate industry
Industry Median: 2.31 vs TSXV:CMU: -3.52

Comet Industries's FCF Margin % for the quarter that ended in Oct. 2023 was -1,165.85%.

Comet Industries FCF Yield % Historical Data

The historical data trend for Comet Industries'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.

Comet Industries FCF Yield % Chart

Comet Industries Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

FCF Yield %

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0.14

0.35

-0.04

-0.30

-0.27

Comet Industries Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
FCF Yield %	Get a 7-Day Free Trial															-0.90	-0.10	-1.69	-4.14	-9.10

Competitive Comparison of Comet Industries's FCF Yield %

For the Real Estate Services subindustry, Comet Industries'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.

Comet Industries's FCF Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's FCF Yield % distribution charts can be found below:

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

Comet Industries 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.

Comet Industries's FCF Yield % for the fiscal year that ended in Jan. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-0.053	/	19.834325
	=	-0.27%

Comet Industries's annualized FCF Yield % for the quarter that ended in Oct. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.478	*	4	/	21.00105
	=	-9.10%

Comet Industries 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.

Comet Industries FCF Yield % Related Terms

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Comet Industries (TSXV:CMU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Comet Industries Ltd (TSXV:CMU) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3

Website

Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties, and holding and managing real properties, in British Columbia. The company owns unimproved land in Kamloops, Terrace, Pender Harbor and a rental property in Vancouver, British Columbia on a freehold basis. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the big onion zone on the iron mask property, which consists of approximately five crown granted mineral claims.