GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mkango Resources Ltd (TSXV:MKA) » Definitions » 3-Year FCF Growth Rate

Mkango Resources (TSXV:MKA) 3-Year FCF Growth Rate : 14.10% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Mkango Resources 3-Year FCF Growth Rate?

Mkango Resources's Free Cash Flow per Share for the three months ended in Mar. 2024 was C$-0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 14.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 16.30% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 7.60% 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 Mkango Resources was 51.60% per year. The lowest was -142.50% per year. And the median was 8.30% per year.


Competitive Comparison of Mkango Resources's 3-Year FCF Growth Rate

For the Other Industrial Metals & Mining subindustry, Mkango Resources'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.


Mkango Resources's 3-Year FCF Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mkango Resources's 3-Year FCF Growth Rate distribution charts can be found below:

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



Mkango Resources 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.


Mkango Resources  (TSXV:MKA) 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) %.


Mkango Resources 3-Year FCF Growth Rate Related Terms

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


Mkango Resources (TSXV:MKA) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.
Executives
Resource Early Stage Opportunity Company 10% Security Holder

Mkango Resources (TSXV:MKA) Headlines

No Headlines