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Brighten Optix (ROCO:6747) FCF Yield % : 3.66 (As of May. 13, 2024)


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What is Brighten Optix 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, Brighten Optix's Trailing 12-Month Free Cash Flow is NT$159.3 Mil, and Market Cap is NT$4,354.0 Mil. Therefore, Brighten Optix's FCF Yield % for today is 3.66%.

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

ROCO:6747' s FCF Yield % Range Over the Past 10 Years
Min: 1.02   Med: 3.49   Max: 6.35
Current: 3.66


During the past 9 years, the highest FCF Yield % of Brighten Optix was 6.35%. The lowest was 1.02%. And the median was 3.49%.

ROCO:6747's FCF Yield % is ranked better than
84.08% of 867 companies
in the Medical Devices & Instruments industry
Industry Median: -2.63 vs ROCO:6747: 3.66

Brighten Optix's FCF Margin % for the quarter that ended in Dec. 2023 was 60.48%.


Brighten Optix FCF Yield % Historical Data

The historical data trend for Brighten Optix'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.

Brighten Optix FCF Yield % Chart

Brighten Optix Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only 4.52 4.69 1.83 4.31 3.48

Brighten Optix Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 9.43 0.38 0.91 3.78 8.43

Competitive Comparison of Brighten Optix's FCF Yield %

For the Medical Devices subindustry, Brighten Optix'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.


Brighten Optix's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Brighten Optix's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Brighten Optix's FCF Yield % falls into.



Brighten Optix 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.

Brighten Optix's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=159.315 / 4583.8155
=3.48%

Brighten Optix's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=96.56 * 4 / 4583.8155
=8.43%

* 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.


Brighten Optix 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.


Brighten Optix FCF Yield % Related Terms

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Brighten Optix (ROCO:6747) Business Description

Traded in Other Exchanges
N/A
Address
No. 150, Chengde Road, 6th Floor-1, Section 4, Shilin District, Taipei, TWN, 111
Brighten Optix Corp is a Taiwan-based company engaged in the manufacturing of contact lenses. The product offerings of the company include Corneal plastic film, Hard contact lenses, Customized soft contact lenses, Hard potion, and Other ancillary products.

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