Parkit Enterprise (TSXV:PKT) FCF Yield % : 10.65 (As of Apr. 29, 2024)

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What is Parkit Enterprise 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, Parkit Enterprise's Trailing 12-Month Free Cash Flow is C$15.04 Mil, and Market Cap is C$141.23 Mil. Therefore, Parkit Enterprise's FCF Yield % for today is 10.65%.

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

TSXV:PKT' s FCF Yield % Range Over the Past 10 Years
Min: -116.99 Med: -2.26 Max: 17.01
Current: 10.65

During the past 13 years, the highest FCF Yield % of Parkit Enterprise was 17.01%. The lowest was -116.99%. And the median was -2.26%.

TSXV:PKT's FCF Yield % is ranked better than
73.7% of 1825 companies
in the Real Estate industry
Industry Median: 2.31 vs TSXV:PKT: 10.65

Parkit Enterprise's FCF Margin % for the quarter that ended in Dec. 2023 was 64.52%.

Parkit Enterprise FCF Yield % Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise FCF Yield % Chart

Parkit Enterprise Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec21

Dec22

Dec23

FCF Yield %

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-41.89

-17.12

0.60

0.54

10.31

Parkit Enterprise Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-2.74	8.60	5.14	9.98	11.74

Competitive Comparison of Parkit Enterprise's FCF Yield %

For the Real Estate Services subindustry, Parkit Enterprise'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.

Parkit Enterprise's FCF Yield % Distribution in the Real Estate Industry

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

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

Parkit Enterprise 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.

Parkit Enterprise's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	15.039	/	145.85088
	=	10.31%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	4.28	*	4	/	145.85088
	=	11.74%

Parkit Enterprise 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.

Parkit Enterprise FCF Yield % Related Terms

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Parkit Enterprise (TSXV:PKT) Business Description

Industry

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PKTEF:USA

Address

100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5

Website

https://www.parkitenterprise.com

Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.

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