Global Testing (SGX:AYN) FCF Yield %: 18.91 (As of Aug. 03, 2026) — 11% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:AYN Global Testing Corp Ltd SGX:AYN
78 GF Score
Price S$1.15
GF Value S$1.16
Valuation Fairly Valued
View Full Analysis

What is Global Testing FCF Yield %?

Global Testing SGX:AYN 78 FCF Yield % is 18.91 as of Aug. 03, 2026, which is 11% below its 10-year median of 21.34. GuruFocus rates SGX:AYN with a GF Score™ of 78/100 and a GF Value™ of S$1.16 (Fairly Valued). Among 1,029 Semiconductors companies, Global Testing ranks better than 97.28% 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.

As of today, Global Testing's Trailing 12-Month Free Cash Flow is S$7.26 Mil, and Market Cap is S$38.35 Mil. Therefore, Global Testing's FCF Yield % for today is 18.91%.

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

SGX:AYN' s FCF Yield % Range Over the Past 10 Years
Min: 7.23   Med: 21.34   Max: 55.67
Current: 18.91


During the past 13 years, the highest FCF Yield % of Global Testing was 55.67%. The lowest was 7.23%. And the median was 21.34%.

SGX:AYN's FCF Yield % is ranked better than
97.28% of 1029 companies
in the Semiconductors industry
Industry Median: -0.25 vs SGX:AYN: 18.91

Global Testing's FCF Margin % for the quarter that ended in Dec. 2025 was 14.00%.


Global Testing 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.


Global Testing FCF Yield % Related Terms


Global Testing FCF Yield % Historical Data

* Premium members only.

The historical data trend for Global Testing'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.

Global Testing FCF Yield % Chart

Global Testing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.23 37.26 20.67 10.70 16.40

Global Testing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.55 -5.60 27.68 17.01 19.41

SGX:AYN vs AMAT, LRCX, KLAC: FCF Yield % Comparison

For the Semiconductor Equipment & Materials subindustry, Global Testing'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.


Global Testing FCF Yield % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Testing's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Global Testing's FCF Yield % falls into.


SGX:AYN
78GF Score
Global Testing Corp Ltd SGX:AYN
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Testing 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.

Global Testing's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=7.275 / 44.35816
=16.40%

Global Testing's annualized FCF Yield % for the quarter that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=4.306 * 2 / 44.35816
=19.41%

* 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.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 18.91 mean?
Global Testing (SGX:AYN) has a FCF Yield % of 18.91 as of Aug. 03, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Global Testing and its competitors. This is 11% below median its historical median of 21.34. Over the past decade, Global Testing's FCF Yield % has ranged from 7.23 to 55.67. According to the industry distribution chart, Global Testing ranks #28 out of 1029 companies in the Semiconductors industry, placing it in the top 2.7%.
Is Global Testing's FCF Yield % too high?
Global Testing's current FCF Yield % of 18.91 is 11% below median its 10-year median of 21.34. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 55.67. Based on the distribution chart, Global Testing ranks #28 out of 1029 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Global Testing has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Testing's FCF Yield % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Global Testing ranks #28 out of 1029 companies for FCF Yield %. This places Global Testing in the top 3% of its industry — outperforming the majority of peers. Historically, Global Testing's own FCF Yield % has ranged from 7.23 to 55.67 over the past decade. 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 a Semiconductors company?
A good FCF Yield % depends on the Semiconductors industry context. 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 Global Testing and its competitors. Global Testing's current FCF Yield % is 18.91, which is 11% below median its own 10-year median of 21.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Testing stock overvalued right now?
Based on GuruFocus' analysis, Global Testing (SGX:AYN) is currently considered Fairly Valued. The stock's GF Value™ is S$1.16, compared to a current price of S$1.15 — trading 0.9% below its estimated fair value. The current FCF Yield % is 18.91, which is 11% below median its 10-year median of 21.34. Global Testing's overall GF Score™ is 78/100. 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 Global Testing (SGX:AYN), the current FCF Yield % is 18.91 as of Aug. 03, 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.

Is Global Testing (SGX:AYN) Overvalued in 2026?

Based on GuruFocus' analysis, Global Testing stock appears to be undervalued. The current stock price of S$1.15 is trading 0.9% below its estimated GF Value™ of S$1.16. GuruFocus considers Global Testing to be Fairly Valued.

Key valuation signals for SGX:AYN:

  • FCF Yield %: 18.91 (11% below median its 10-year median of 21.34)
  • GF Value™: S$1.16 vs. price of S$1.15 (0.9% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the SGX:AYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Testing Business Description

Address No. 75 Guangfu Road, Hu-Kou, Hsin-Chu Industrial Park, Hsin-Chu, TWN, 303
Global Testing Corp Ltd is engaged in providing testing services. The group provides testing services such as wafer sorting and final testing to the semiconductor industry, focusing on logic and mixed-signal semiconductors used in consumer electronics and communication devices. As part of its testing services, it provides test program development, conversion and optimization services, load board and probe card design, and leases its testers to its customers for trial and pilot testing purposes on an ad hoc basis. Geographically the business presence of the company is seen across the region of Singapore, the USA, Taiwan, Thailand, China, Japan, and other countries.
78GF Score

Get the complete analysis for SGX:AYN

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$1.15
Price
S$1.16
GF Value