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Mingteng International (Mingteng International) FCF Yield % : 1.65 (As of Jun. 02, 2024)


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What is Mingteng International 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, Mingteng International's Trailing 12-Month Free Cash Flow is $0.54 Mil, and Market Cap is $32.59 Mil. Therefore, Mingteng International's FCF Yield % for today is 1.65%.

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

MTEN' s FCF Yield % Range Over the Past 10 Years
Min: 1.41   Med: 1.69   Max: 2.4
Current: 1.65

During the past 4 years, the highest FCF Yield % of Mingteng International was 2.40%. The lowest was 1.41%. And the median was 1.69%.

MTEN's FCF Yield % is ranked better than
56.42% of 3029 companies
in the Industrial Products industry
Industry Median: 0.63 vs MTEN: 1.65

Mingteng International's FCF Margin % for the quarter that ended in Dec. 2023 was 13.84%.

Mingteng International FCF Yield % Historical Data

The historical data trend for Mingteng International'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.

Mingteng International FCF Yield % Chart

Mingteng International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
FCF Yield %
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Mingteng International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Mingteng International's FCF Yield %

For the Metal Fabrication subindustry, Mingteng International'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.

Mingteng International's FCF Yield % Distribution in the Industrial Products Industry

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

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


Mingteng International 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=0.538 / 0
=N/A%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0.626 * 2 / 0
=N/A%

* 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.

Mingteng International 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.

Mingteng International FCF Yield % Related Terms

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Mingteng International (Mingteng International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mingteng International Corp Inc (NAS:MTEN) » Definitions » FCF Yield %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines

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