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Thorney Technologies (ASX:TEK) 3-Year FCF Growth Rate : 33.20% (As of Dec. 2023)


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What is Thorney Technologies 3-Year FCF Growth Rate?

Thorney Technologies's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$-0.01.

During the past 12 months, Thorney Technologies's average Free Cash Flow per Share Growth Rate was 46.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 33.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Thorney Technologies was 69.10% per year. The lowest was -8.40% per year. And the median was 40.80% per year.


Competitive Comparison of Thorney Technologies's 3-Year FCF Growth Rate

For the Asset Management subindustry, Thorney Technologies's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Thorney Technologies's 3-Year FCF Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thorney Technologies's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Thorney Technologies's 3-Year FCF Growth Rate falls into.



Thorney Technologies 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Thorney Technologies  (ASX:TEK) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Thorney Technologies 3-Year FCF Growth Rate Related Terms

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Thorney Technologies (ASX:TEK) Business Description

Traded in Other Exchanges
N/A
Address
55 Collins Street, Level 39, Melbourne, VIC, AUS, 3000
Thorney Technologies Ltd is an investment company. Its principal activity is investing in global listed, and unlisted, technology investments such as fin-tech, e-commerce, education, agriculture, medical, telecommunication, robotics, and AI at all phases of the investment lifecycle. It is established in Australia, Israel, and USA.

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