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Shri Techtex (NSE:SHRITECH) 3-Year FCF Growth Rate : 58.90% (As of Sep. 2024)


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What is Shri Techtex 3-Year FCF Growth Rate?

Shri Techtex's Free Cash Flow per Share for the six months ended in Sep. 2024 was ₹7.67.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 58.90% 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 5 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Shri Techtex was 58.90% per year. The lowest was 58.90% per year. And the median was 58.90% per year.


Competitive Comparison of Shri Techtex's 3-Year FCF Growth Rate

For the Textile Manufacturing subindustry, Shri Techtex'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.


Shri Techtex's 3-Year FCF Growth Rate Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Techtex's 3-Year FCF Growth Rate distribution charts can be found below:

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


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Shri Techtex 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.


Shri Techtex  (NSE:SHRITECH) 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) %.


Shri Techtex 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Shri Techtex's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Shri Techtex Business Description

Traded in Other Exchanges
N/A
Address
Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.

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