GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mehow Innovative Ltd (SZSE:301363) » Definitions » 3-Year FCF Growth Rate

Mehow Innovative (SZSE:301363) 3-Year FCF Growth Rate : 8.90% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Mehow Innovative 3-Year FCF Growth Rate?

Mehow Innovative's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥0.06.

During the past 12 months, Mehow Innovative's average Free Cash Flow per Share Growth Rate was -49.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 8.90% 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 6 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Mehow Innovative was 14.00% per year. The lowest was 8.90% per year. And the median was 11.45% per year.


Competitive Comparison of Mehow Innovative's 3-Year FCF Growth Rate

For the Medical Devices subindustry, Mehow Innovative'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.


Mehow Innovative's 3-Year FCF Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mehow Innovative's 3-Year FCF Growth Rate distribution charts can be found below:

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



Mehow Innovative 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.


Mehow Innovative  (SZSE:301363) 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) %.


Mehow Innovative 3-Year FCF Growth Rate Related Terms

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


Mehow Innovative (SZSE:301363) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.
Executives
Tan Jing Xia Secretary Dong

Mehow Innovative (SZSE:301363) Headlines

No Headlines