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NeoVolta (NeoVolta) FCF Yield % : -2.14 (As of May. 11, 2024)


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What is NeoVolta 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, NeoVolta's Trailing 12-Month Free Cash Flow is $-1.92 Mil, and Market Cap is $90.07 Mil. Therefore, NeoVolta's FCF Yield % for today is -2.14%.

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

NEOV' s FCF Yield % Range Over the Past 10 Years
Min: -7.82   Med: -1.68   Max: -0.52
Current: -2.14


During the past 3 years, the highest FCF Yield % of NeoVolta was -0.52%. The lowest was -7.82%. And the median was -1.68%.

NEOV's FCF Yield % is ranked worse than
67.46% of 3018 companies
in the Industrial Products industry
Industry Median: 0.6 vs NEOV: -2.14

NeoVolta's FCF Margin % for the quarter that ended in Dec. 2023 was -31.83%.


NeoVolta FCF Yield % Historical Data

The historical data trend for NeoVolta'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.

NeoVolta FCF Yield % Chart

NeoVolta Annual Data
Trend Jun21 Jun22 Jun23
FCF Yield %
-0.69 -1.38 -1.94

NeoVolta Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.49 0.17 -5.37 -0.87 -2.44

Competitive Comparison of NeoVolta's FCF Yield %

For the Electrical Equipment & Parts subindustry, NeoVolta'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.


NeoVolta's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NeoVolta's FCF Yield % distribution charts can be found below:

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



NeoVolta 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=-2.108 / 108.5829525
=-1.94%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.324 * 4 / 53.17776
=-2.44%

* 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.


NeoVolta 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.


NeoVolta FCF Yield % Related Terms

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NeoVolta (NeoVolta) Business Description

Traded in Other Exchanges
N/A
Address
13651 Danielson Street, Suite A, Poway, CA, USA, 92064
NeoVolta Inc is engaged in designing, manufacturing and sale of high end Energy Storage System which can store and use solar energy via batteries and an inverter at a residential site. Its market place includes solar industry, installers, new construction homebuilders, home remodelers, and homeowners.
Executives
Steve Bond director, officer: Chief Financial Officer 28839 PUJOL ST., #832, TEMECULA CA 92590
Brent Willson director 5271 CAMINITO EXQUISITO, SAN DIEGO CA 92130
Susan H Snow director 26 SEDGE FERN DRIVE, HILTON HEAD SC 29926
John A Hass director C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064
James F Amos director C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064