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Tong Ming Enterprise Co (TPE:5538) FCF Yield % : 16.54 (As of May. 25, 2024)


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What is Tong Ming Enterprise 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, Tong Ming Enterprise Co's Trailing 12-Month Free Cash Flow is NT$1,071 Mil, and Market Cap is NT$6,469 Mil. Therefore, Tong Ming Enterprise Co's FCF Yield % for today is 16.54%.

The historical rank and industry rank for Tong Ming Enterprise Co's FCF Yield % or its related term are showing as below:

TPE:5538' s FCF Yield % Range Over the Past 10 Years
Min: -14.98   Med: 5.12   Max: 23.59
Current: 16.54


During the past 13 years, the highest FCF Yield % of Tong Ming Enterprise Co was 23.59%. The lowest was -14.98%. And the median was 5.12%.

TPE:5538's FCF Yield % is ranked better than
81.24% of 629 companies
in the Steel industry
Industry Median: 3.07 vs TPE:5538: 16.54

Tong Ming Enterprise Co's FCF Margin % for the quarter that ended in Mar. 2024 was 4.90%.


Tong Ming Enterprise Co FCF Yield % Historical Data

The historical data trend for Tong Ming Enterprise 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.

Tong Ming Enterprise Co FCF Yield % Chart

Tong Ming Enterprise 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 10.50 -2.10 -9.09 -7.63 11.89

Tong Ming Enterprise 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 -4.41 35.57 -1.44 15.51 7.83

Competitive Comparison of Tong Ming Enterprise Co's FCF Yield %

For the Steel subindustry, Tong Ming Enterprise 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.


Tong Ming Enterprise Co's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tong Ming Enterprise Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Tong Ming Enterprise Co's FCF Yield % falls into.



Tong Ming Enterprise 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.

Tong Ming Enterprise Co's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=851.38 / 7162.8268
=11.89%

Tong Ming Enterprise 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
=126.049 * 4 / 6438.496
=7.83%

* 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.


Tong Ming Enterprise 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.


Tong Ming Enterprise Co FCF Yield % Related Terms

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Tong Ming Enterprise Co (TPE:5538) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. It derives the maximum revenue from Fasteners products. Geographically, the company operates in China. It serves industries such as curtain wall, high-speed rail, communication, new energy, shipbuilding, and foreign engineering projects.

Tong Ming Enterprise Co (TPE:5538) Headlines

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