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Test Rite International Co (TPE:2908) FCF Yield % : 19.07 (As of Jun. 20, 2024)


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What is Test Rite International Co 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, Test Rite International Co's Trailing 12-Month Free Cash Flow is NT$2,018 Mil, and Market Cap is NT$10,580 Mil. Therefore, Test Rite International Co's FCF Yield % for today is 19.07%.

The historical rank and industry rank for Test Rite International Co's FCF Yield % or its related term are showing as below:

TPE:2908' s FCF Yield % Range Over the Past 10 Years
Min: -13.89   Med: 4.3   Max: 37.66
Current: 19.07


During the past 13 years, the highest FCF Yield % of Test Rite International Co was 37.66%. The lowest was -13.89%. And the median was 4.30%.

TPE:2908's FCF Yield % is ranked better than
84.59% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 4.22 vs TPE:2908: 19.07

Test Rite International Co's FCF Margin % for the quarter that ended in Mar. 2024 was -1.31%.


Test Rite International Co FCF Yield % Historical Data

The historical data trend for Test Rite International Co'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.

Test Rite International Co FCF Yield % Chart

Test Rite International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.56 33.87 9.84 -6.72 16.66

Test Rite International Co 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 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 -15.55 -8.07 49.32 42.55 -4.70

Competitive Comparison of Test Rite International Co's FCF Yield %

For the Home Improvement Retail subindustry, Test Rite International 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.


Test Rite International Co's FCF Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Test Rite International Co's FCF Yield % falls into.



Test Rite International 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.

Test Rite International Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=1733.914 / 10407.222
=16.66%

Test Rite International Co's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-119.438 * 4 / 10159.431
=-4.70%

* 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.


Test Rite International 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.


Test Rite International Co FCF Yield % Related Terms

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Test Rite International Co (TPE:2908) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Hsin Hu 3rd Road, 6th Floor, Nai Hu District, Taipei, TWN, 114
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in trading business and retail business. The trading business consists of the import and export of household goods and licensing business, such as DIY hand tools, furniture, electrical appliances, and other household items, and this segment provides products for retailers in a worldwide, like Wal-Mart, Sam's Club, Target, Staples, Office Depot, and Carrefour. The retail business in Taiwan and mainland China refers to the sale and marketing of household items and services directly to consumers. The company also conducts product design, packaging design, as well as logistics and warehousing services. The trading business and retail business jointly account for the majority of the company's total revenue.

Test Rite International Co (TPE:2908) Headlines

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