Happy ForgingsNSE:HAPPYFORGE +0.64%48 FCF Yield % is -0.12 as of Jul. 01, 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 48/100. The stock has 6 warning signs investors should review. Among 3,061 Industrial Products companies, Happy Forgings ranks worse than 56.94% on this metric.
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.
The historical rank and industry rank for Happy Forgings's FCF Yield % or its related term are showing as below:
NSE:HAPPYFORGE'
s FCF Yield % Range Over the Past 10 Years
Min: -0.12 Med: 0 Max: 0
Current: -0.12
NSE:HAPPYFORGE's FCF Yield % is ranked worse than 56.94% of 3061
companies
in the Industrial Products industry
Industry Median: 0.54
vs NSE:HAPPYFORGE: -0.12
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.
Happy Forgings FCF Yield % Related Terms
Happy Forgings FCF Yield % Historical Data
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The historical data trend for Happy Forgings'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.
NSE:HAPPYFORGE vs CRS, ATI, MLI: FCF Yield % Comparison
For the Metal Fabrication subindustry, Happy Forgings'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.
Happy Forgings FCF Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Happy Forgings's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Happy Forgings's FCF Yield % falls into.
* 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.
Happy Forgings (NSE:HAPPYFORGE) has a FCF Yield % of -0.12 as of Jul. 01, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Happy Forgings and its competitors. According to the industry distribution chart, Happy Forgings ranks #1743 out of 3061 companies in the Industrial Products industry, placing it in the top 56.9%.
Is Happy Forgings' FCF Yield % too high?
Happy Forgings' current FCF Yield % is -0.12. Based on the distribution chart, Happy Forgings ranks #1743 out of 3061 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Happy Forgings has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' FCF Yield % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Happy Forgings ranks #1743 out of 3061 companies for FCF Yield %. This places Happy Forgings in the lower half of its industry. The industry median FCF Yield % is 0.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Industrial Products company?
The median FCF Yield % among Industrial Products companies is 0.54, based on 3,061 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Happy Forgings and its competitors. For the Industrial Products industry, the median FCF Yield % is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Forgings's current FCF Yield % is -0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current FCF Yield % of -0.12. The current FCF Yield % is -0.12. Happy Forgings' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current FCF Yield % is -0.12 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
48GF Score
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