Novonesis AS (Novonesis AS) FCF Yield % : 1.17 (As of Apr. 27, 2024)

View and export this data going back to 2009. Start your Free Trial

What is Novonesis AS 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, Novonesis AS's Trailing 12-Month Free Cash Flow is $303 Mil, and Market Cap is $25,893 Mil. Therefore, Novonesis AS's FCF Yield % for today is 1.17%.

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

NVZMY' s FCF Yield % Range Over the Past 10 Years
Min: 0.61 Med: 2.48 Max: 6.15
Current: 1.17

During the past 13 years, the highest FCF Yield % of Novonesis AS was 6.15%. The lowest was 0.61%. And the median was 2.48%.

NVZMY's FCF Yield % is ranked better than
53.27% of 1562 companies
in the Chemicals industry
Industry Median: 0.45 vs NVZMY: 1.17

Novonesis AS's FCF Margin % for the quarter that ended in Dec. 2023 was 11.25%.

Novonesis AS FCF Yield % Historical Data

The historical data trend for Novonesis AS'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.

Novonesis AS FCF Yield % Chart

Novonesis AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

Get a 7-Day Free Trial

2.38

3.50

1.86

1.14

2.01

Novonesis AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-1.29	-0.46	2.62	5.71	1.99

Competitive Comparison of Novonesis AS's FCF Yield %

For the Specialty Chemicals subindustry, Novonesis AS'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.

Novonesis AS's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Novonesis AS's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Novonesis AS's FCF Yield % falls into.

Novonesis AS 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	306.666	/	15226.089885
	=	2.01%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	75.789	*	4	/	15226.089885
	=	1.99%

Novonesis AS 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.

Novonesis AS FCF Yield % Related Terms

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

Novonesis AS (Novonesis AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Novonesis AS (OTCPK:NVZMY) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NVZMF:USA NZYM:Mexico NZYMBc:UK 0Q4U:UK NZYM B:Denmark NZM2:Germany

Address

Krogshoejvej 36, Bagsvaerd, DNK, 2880

Website

https://www.novozymes.com

Novozymes is the world leader in industrial enzymes. In recent years, the company has expanded into micro-organisms, primarily for agricultural markets. The firm supplies five major industry groups: household care, food and beverages, bioenergy, agriculture and feed, and technical and pharma. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark.

Novonesis AS (Novonesis AS) Headlines

From GuruFocus

Not Just Yogurt Anymore

By PRNewswire • 10-26-2023

2 Holdings to Reduce Based on Analyst Recommendations

By Alberto Abaterusso Alberto Abaterusso • 11-06-2019

Novozymes Named EPA Safer Choice Partner of the Year for Third Year in a Row

By PRNewswire • 10-03-2023

Novozymes A/S's Dividend Analysis

By GuruFocus Research • 10-19-2023