Nickel Asia (Nickel Asia) FCF Yield % : -0.36 (As of Jun. 19, 2024)

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What is Nickel Asia 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, Nickel Asia's Trailing 12-Month Free Cash Flow is $-3.3 Mil, and Market Cap is $930.2 Mil. Therefore, Nickel Asia's FCF Yield % for today is -0.36%.

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

NCKAF' s FCF Yield % Range Over the Past 10 Years
Min: -1.54 Med: 8.48 Max: 23.01
Current: -0.36

During the past 13 years, the highest FCF Yield % of Nickel Asia was 23.01%. The lowest was -1.54%. And the median was 8.48%.

NCKAF's FCF Yield % is ranked better than
84.47% of 2718 companies
in the Metals & Mining industry
Industry Median: -12.435 vs NCKAF: -0.36

Nickel Asia's FCF Margin % for the quarter that ended in Mar. 2024 was -67.51%.

Nickel Asia FCF Yield % Historical Data

The historical data trend for Nickel Asia'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.

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Nickel Asia FCF Yield % Chart

Nickel Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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9.42

2.40

Nickel Asia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															3.98	-5.02	8.48	2.25	-12.16

Competitive Comparison of Nickel Asia's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.

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

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

* The bar in red indicates where Nickel Asia's FCF Yield % falls into.

Nickel Asia 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.

Nickel Asia's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	44.308	/	1848.65697
	=	2.40%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-29.657	*	4	/	975.177
	=	-12.16%

Nickel Asia 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.

Nickel Asia FCF Yield % Related Terms

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Nickel Asia (Nickel Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Asia Corp (OTCPK:NCKAF) » Definitions » FCF Yield %

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Traded in Other Exchanges

NIKL:Philippines

Address

32nd Street, Bonifacio Global City, 28th Floor NAC Tower, Taguig, PHL, 1634

Website

https://www.nickelasia.com

Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.

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