ASK Automotive (BOM:544022) FCF Yield % : 0.27 (As of Jun. 17, 2024)

View and export this data going back to 2023. Start your Free Trial

What is ASK Automotive 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, ASK Automotive's Trailing 12-Month Free Cash Flow is ₹184 Mil, and Market Cap is ₹68,832 Mil. Therefore, ASK Automotive's FCF Yield % for today is 0.27%.

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

BOM:544022' s FCF Yield % Range Over the Past 10 Years
Min: -0.32 Med: -0.26 Max: 0.32
Current: 0.27

During the past 4 years, the highest FCF Yield % of ASK Automotive was 0.32%. The lowest was -0.32%. And the median was -0.26%.

BOM:544022's FCF Yield % is ranked worse than
58.17% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 1.68 vs BOM:544022: 0.27

ASK Automotive's FCF Margin % for the quarter that ended in Mar. 2024 was 0.62%.

ASK Automotive FCF Yield % Historical Data

The historical data trend for ASK Automotive'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.

ASK Automotive FCF Yield % Chart

ASK Automotive Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

FCF Yield %

0.33

ASK Automotive Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
FCF Yield %	-	-	-	0.33

Competitive Comparison of ASK Automotive's FCF Yield %

For the Auto Parts subindustry, ASK Automotive'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.

ASK Automotive's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ASK Automotive's FCF Yield % distribution charts can be found below:

* The bar in red indicates where ASK Automotive's FCF Yield % falls into.

ASK Automotive 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.

ASK Automotive's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	184.497	/	56185.755
	=	0.33%

ASK Automotive's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	184.497	*	1	/	56185.755
	=	0.33%

ASK Automotive 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.

ASK Automotive FCF Yield % Related Terms

Thank you for viewing the detailed overview of ASK Automotive's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

ASK Automotive (BOM:544022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ASK Automotive Ltd (BOM:544022) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

ASKAUTOLTD:India

Address

Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050

Website

https://www.askbrake.com

ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminium lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

ASK Automotive (BOM:544022) Headlines

No Headlines