As of today (2024-05-27), Niks Technology's share price is ₹580.15.
Niks Technology's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2023 was ₹26.22. Hence, Niks Technology's Price-to-Free-Cash-Flow Ratio for today is 22.12.
The historical rank and industry rank for Niks Technology's Price-to-Free-Cash-Flow or its related term are showing as below:
BOM:543282'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 12.94 Med: 33.18 Max: 99.56
Current: 22.12
During the past 6 years, Niks Technology's highest Price-to-Free-Cash-Flow Ratio was 99.56. The lowest was 12.94. And the median was 33.18.
BOM:543282's Price-to-Free-Cash-Flow is ranked better than 50.57% of 1485
companies
in the Software industry
Industry Median: 22.55
vs BOM:543282: 22.12
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Niks Technology was 339.10% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 220.50% per year.
During the past 6 years, Niks Technology's highest 3-Year average Free Cash Flow per Share Growth Rate was 220.50% per year. The lowest was 72.00% per year. And the median was 146.25% per year.
Niks Technology Price-to-Free-Cash-Flow Historical Data
The historical data trend for Niks Technology's Price-to-Free-Cash-Flow 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.
Competitive Comparison of Niks Technology's Price-to-Free-Cash-Flow
For the Information Technology Services subindustry, Niks Technology's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
Niks Technology's Price-to-Free-Cash-Flow Distribution in the Software Industry
For the Software industry and Technology sector, Niks Technology's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Niks Technology's Price-to-Free-Cash-Flow falls into.
Niks Technology's Share Price of today is ₹580.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Niks Technology's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2023 was ₹26.22.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Niks Technology Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Niks Technology's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:543282 has been successfully added to your 