Nitto Kogyo (TSE:6651) FCF Yield % : 9.55 (As of Jun. 22, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Nitto Kogyo 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, Nitto Kogyo's Trailing 12-Month Free Cash Flow is 円12,321 Mil, and Market Cap is 円128,963 Mil. Therefore, Nitto Kogyo's FCF Yield % for today is 9.55%.

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

TSE:6651' s FCF Yield % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 9.81
Current: 9.55

During the past 13 years, the highest FCF Yield % of Nitto Kogyo was 9.81%. The lowest was 0.00%. And the median was 0.00%.

TSE:6651's FCF Yield % is ranked better than
87.14% of 3025 companies
in the Industrial Products industry
Industry Median: 0.63 vs TSE:6651: 9.55

Nitto Kogyo's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

Nitto Kogyo FCF Yield % Historical Data

The historical data trend for Nitto Kogyo'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.

Nitto Kogyo FCF Yield % Chart

Nitto Kogyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

FCF Yield %

Get a 7-Day Free Trial

9.59

14.93

14.17

3.74

7.85

Nitto Kogyo 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															-	-	-	-	-

Competitive Comparison of Nitto Kogyo's FCF Yield %

For the Electrical Equipment & Parts subindustry, Nitto Kogyo'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.

Nitto Kogyo's FCF Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitto Kogyo's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nitto Kogyo's FCF Yield % falls into.

Nitto Kogyo 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.

Nitto Kogyo's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	12321	/	157031.856
	=	7.85%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	136550.16
	=	0.00%

Nitto Kogyo 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.

Nitto Kogyo FCF Yield % Related Terms

Thank you for viewing the detailed overview of Nitto Kogyo's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitto Kogyo (TSE:6651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitto Kogyo Corp (TSE:6651) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189

Website

https://www.nito.co.jp

Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.

Nitto Kogyo (TSE:6651) Headlines

No Headlines