Pivotal Investment III (Pivotal Investment III) FCF Yield % : -1.47 (As of May. 05, 2024)

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What is Pivotal Investment III 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, Pivotal Investment III's Trailing 12-Month Free Cash Flow is $-1.31 Mil, and Market Cap is $89.22 Mil. Therefore, Pivotal Investment III's FCF Yield % for today is -1.47%.

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

PICC' s FCF Yield % Range Over the Past 10 Years
Min: -1.47 Med: 0 Max: 0
Current: -1.47

PICC's FCF Yield % is not ranked
in the Diversified Financial Services industry.
Industry Median: -1.465 vs PICC: -1.47

Pivotal Investment III's FCF Margin % for the quarter that ended in Jun. 2023 was 0.00%.

Pivotal Investment III FCF Yield % Historical Data

The historical data trend for Pivotal Investment III'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.

Pivotal Investment III FCF Yield % Chart

Pivotal Investment III Annual Data

Trend

Dec20

Dec21

Dec22

FCF Yield %

-0.21

-1.46

Pivotal Investment III Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
FCF Yield %	Get a 7-Day Free Trial						-0.13	-0.17	-3.71	-1.17	-0.29

Competitive Comparison of Pivotal Investment III's FCF Yield %

For the Shell Companies subindustry, Pivotal Investment III'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.

Pivotal Investment III's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pivotal Investment III's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Pivotal Investment III's FCF Yield % falls into.

Pivotal Investment III 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.

Pivotal Investment III's FCF Yield % for the fiscal year that ended in Dec. 2022 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1.321	/	90.29996684
	=	-1.46%

Pivotal Investment III's annualized FCF Yield % for the quarter that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.064	*	4	/	89.5772816
	=	-0.29%

Pivotal Investment III 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.

Pivotal Investment III FCF Yield % Related Terms

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Pivotal Investment III (Pivotal Investment III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pivotal Investment Corp III (OTCPK:PICC) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.pivotalic.com

Pivotal Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 10 percent owner	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin	director, 10 percent owner, officer: Chief Executive Officer	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont	director	C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver	director	100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams	director	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic	director	C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz	officer: Chief Operating Officer	C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

Pivotal Investment III (Pivotal Investment III) Headlines

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Pivotal Investment Corp. III to Appeal Delisting Determination by NYSE

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