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ASL Industries (NSE:ASLIND) FCF Yield % : 0.62 (As of Jun. 14, 2024)


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What is ASL Industries 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, ASL Industries's Trailing 12-Month Free Cash Flow is ₹3.60 Mil, and Market Cap is ₹580.75 Mil. Therefore, ASL Industries's FCF Yield % for today is 0.62%.

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

NSE:ASLIND' s FCF Yield % Range Over the Past 10 Years
Min: -349.37   Med: -2.75   Max: 41.8
Current: 0.62


During the past 12 years, the highest FCF Yield % of ASL Industries was 41.80%. The lowest was -349.37%. And the median was -2.75%.

NSE:ASLIND's FCF Yield % is ranked better than
50.17% of 3014 companies
in the Industrial Products industry
Industry Median: 0.605 vs NSE:ASLIND: 0.62

ASL Industries's FCF Margin % for the quarter that ended in Mar. 2023 was 0.00%.


ASL Industries FCF Yield % Historical Data

The historical data trend for ASL Industries'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.

ASL Industries FCF Yield % Chart

ASL Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.77 -208.74 -25.50 -1.73 1.33

ASL Industries Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.51 -13.01 3.86 -7.90 10.64

Competitive Comparison of ASL Industries's FCF Yield %

For the Metal Fabrication subindustry, ASL Industries'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.


ASL Industries's FCF Yield % Distribution in the Industrial Products Industry

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

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



ASL Industries 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.

ASL Industries's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=3.604 / 270.8446
=1.33%

ASL Industries's annualized FCF Yield % for the quarter that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=14.405 * 2 / 270.8446
=10.64%

* 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.


ASL Industries 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.


ASL Industries FCF Yield % Related Terms

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ASL Industries (NSE:ASLIND) Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Bistupur, 1 Basement, Aditya Tower, Jamshedpur, JH, IND, 831001
ASL Industries Ltd is engaged in the business of manufacturing of forged products and press shop for sheet metal products. Its products include Gusset, Top Rail Rear, Panel Face Side Bottom, Axle Beam, Clapping Ring, and others and have applications in various industries like defense, railway, and automobile.

ASL Industries (NSE:ASLIND) Headlines

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