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, IRIDEX's Trailing 12-Month Free Cash Flow is $-7.00 Mil, and Market Cap is $28.62 Mil. Therefore, IRIDEX's FCF Yield % for today is -24.46%.
The historical rank and industry rank for IRIDEX's FCF Yield % or its related term are showing as below:
IRIX'
s FCF Yield % Range Over the Past 10 Years
Min: -42.68 Med: -10.28 Max: 12.3
Current: -24.46
During the past 13 years, the highest FCF Yield % of IRIDEX was 12.30%. The lowest was -42.68%. And the median was -10.28%.
IRIX's FCF Yield % is ranked worse than 80.05% of 867
companies
in the Medical Devices & Instruments industry
Industry Median: -2.06
vs IRIX: -24.46
IRIDEX's FCF Margin % for the quarter that ended in Sep. 2024 was -26.54%.
IRIDEX FCF Yield % Historical Data
The historical data trend for IRIDEX'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.
For the Medical Devices subindustry, IRIDEX'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.
IRIDEX's FCF Yield % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, IRIDEX's FCF Yield % distribution charts can be found below:
* The bar in red indicates where IRIDEX's FCF Yield % falls into.
IRIDEX 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.
IRIDEX's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
IRIDEX 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.
IRIDEX FCF Yield % Related Terms
Thank you for viewing the detailed overview of IRIDEX's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
IRIDEX Corp is involved in the business of developing, manufacturing, and marketing laser-based medical systems, delivery devices, and consumable instrumentation for ophthalmology. Its products include Lasers, Laser delivery devices, Glaucoma devices, Retinal surgical instruments, and Veterinary and ENT products. The firm also powers its products with its proprietary Micropulse technology. The company operates in only one reportable segment, Ophthalmology. It derives revenues from the sale of consoles, delivery devices, consumables, services, and support activities. The geographical segments of the company include the United States, which drives maximum revenue, Europe, and the Americas, excluding the U.S. and Asia/Pacific Rim.
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