The Hi-Tech Gears (NSE:HITECHGEAR) FCF Yield % : 4.54 (As of Jun. 22, 2024)

View and export this data going back to 2002. Start your Free Trial

What is The Hi-Tech Gears 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, The Hi-Tech Gears's Trailing 12-Month Free Cash Flow is ₹834 Mil, and Market Cap is ₹18,386 Mil. Therefore, The Hi-Tech Gears's FCF Yield % for today is 4.54%.

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

NSE:HITECHGEAR' s FCF Yield % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 4.98
Current: 4.54

During the past 13 years, the highest FCF Yield % of The Hi-Tech Gears was 4.98%. The lowest was 0.00%. And the median was 0.00%.

NSE:HITECHGEAR's FCF Yield % is ranked better than
62.28% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs NSE:HITECHGEAR: 4.54

The Hi-Tech Gears's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.

The Hi-Tech Gears FCF Yield % Historical Data

The historical data trend for The Hi-Tech Gears'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.

The Hi-Tech Gears FCF Yield % Chart

The Hi-Tech Gears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

FCF Yield %

Get a 7-Day Free Trial

82.66

-6.60

-1.13

5.19

5.78

The Hi-Tech Gears 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															-	-	-	-	-

Competitive Comparison of The Hi-Tech Gears's FCF Yield %

For the Auto Parts subindustry, The Hi-Tech Gears'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.

The Hi-Tech Gears's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's FCF Yield % distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's FCF Yield % falls into.

The Hi-Tech Gears 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.

The Hi-Tech Gears's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	834.45	/	14448.88599
	=	5.78%

The Hi-Tech Gears's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	14448.88599
	=	0.00%

The Hi-Tech Gears 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.

The Hi-Tech Gears FCF Yield % Related Terms

Thank you for viewing the detailed overview of The Hi-Tech Gears's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Hi-Tech Gears (NSE:HITECHGEAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Hi-Tech Gears Ltd (NSE:HITECHGEAR) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

522073:India

Address

Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009

Website

https://www.thehitechgears.com

The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is primarily engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India.

The Hi-Tech Gears (NSE:HITECHGEAR) Headlines

No Headlines