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Micro-X (ASX:MX1) 3-Year FCF Growth Rate : 21.70% (As of Dec. 2023)


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What is Micro-X 3-Year FCF Growth Rate?

Micro-X's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 21.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 15.20% 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 8 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Micro-X was 32.60% per year. The lowest was 10.70% per year. And the median was 21.10% per year.


Competitive Comparison of Micro-X's 3-Year FCF Growth Rate

For the Medical Devices subindustry, Micro-X'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.


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

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

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



Micro-X 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.


Micro-X  (ASX:MX1) 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) %.


Micro-X 3-Year FCF Growth Rate Related Terms

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


Micro-X (ASX:MX1) Business Description

Traded in Other Exchanges
Address
1284 South Road, A14, 6 MAB Eastern Promenade, Tonsley, Clovelly Park, Adelaide, SA, AUS, 5042
Micro-X Ltd operates in the medical industry. The company operates in designs, develops, and manufactures ultra-lightweight carbon nanotube-based X-ray products for the healthcare and counter IED imaging security markets. Its product includes Nano; Rover and Mobile Backscatter Imager (MBI), Mobile Baggage Scanner (MBS), and others. Geographically, it derives a majority of revenue from Asia-Pacific and also has a presence in the United States and Europe.

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