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 Indian Card Clothing Co's FCF Yield % or its related term are showing as below:
NSE:INDIANCARD'
s FCF Yield % Range Over the Past 10 Years
Min: -2.91 Med: 0 Max: 0
Current: -2.56
NSE:INDIANCARD's FCF Yield % is ranked worse than 70.56% of 1080
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.205
vs NSE:INDIANCARD: -2.56
* 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.
Competitive Comparison of Indian Card Clothing Co's FCF Yield %
For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.
Indian Card Clothing Co's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Indian Card Clothing Co's FCF Yield % falls into.
Indian Card Clothing Co 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.
Indian Card Clothing Co's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Indian Card Clothing Co 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.
Indian Card Clothing Co FCF Yield % Related Terms
Thank you for viewing the detailed overview of Indian Card Clothing Co's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Indian Card Clothing Co (NSE:INDIANCARD) Business Description
Indian Card Clothing Co Ltd is a manufacturer of card clothing based in India. The company operates through two divisions: Card Clothing and Realty. It generates maximum revenue from the Card Clothing segment. Geographically, it sells its products in India and also exports them to other countries, from which the company derives a majority of its revenue from India. The company's product portfolio comprises Carding Solutions by Product Type which includes Cylinder Wires, Doffer Wires, Lickerin Wires, and Flat Tops. Carding Solutions by Material Type which includes Cotton and Synthetics, Woollen and Others, and Metallic Wires for Non-Woven and Carding solutions by application which includes Card clothing, Card room machinery, and Upgradation products.
Indian Card Clothing Co (NSE:INDIANCARD) Headlines
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