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Mitre Mining (ASX:MMC) FCF Yield % : -2.84 (As of Jun. 21, 2024)


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What is Mitre Mining FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Mitre Mining's Trailing 12-Month Free Cash Flow is A$-2.57 Mil, and Market Cap is A$90.71 Mil. Therefore, Mitre Mining's FCF Yield % for today is -2.84%.

The historical rank and industry rank for Mitre Mining's FCF Yield % or its related term are showing as below:

ASX:MMC' s FCF Yield % Range Over the Past 10 Years
Min: -19.17   Med: 0   Max: 0
Current: -2.84


ASX:MMC's FCF Yield % is ranked better than
75.82% of 2717 companies
in the Metals & Mining industry
Industry Median: -12.61 vs ASX:MMC: -2.84

Mitre Mining's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Mitre Mining FCF Yield % Historical Data

The historical data trend for Mitre Mining's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitre Mining FCF Yield % Chart

Mitre Mining Annual Data
Trend Jun22 Jun23
FCF Yield %
-36.62 -13.09

Mitre Mining Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % -19.67 -42.15 -14.95 -15.67 -19.67

Competitive Comparison of Mitre Mining's FCF Yield %

For the Gold subindustry, Mitre Mining's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Mitre Mining's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitre Mining's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Mitre Mining's FCF Yield % falls into.



Mitre Mining FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Mitre Mining's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.781 / 13.60503
=-13.09%

Mitre Mining's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-1.507 * 2 / 15.31926
=-19.67%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mitre Mining FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Mitre Mining FCF Yield % Related Terms

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Mitre Mining (ASX:MMC) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005
Mitre Mining Corp Ltd is a gold and base metals exploration company in Australia. Its project is EL9146 in the eastern Lachlan Fold Belt near Batemans Bay on the New South Wales south coast, East Pilbara, and Mt Alexander project.

Mitre Mining (ASX:MMC) Headlines