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Korab Resources (ASX:KOR) FCF Yield % : -8.21 (As of May. 26, 2024)


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What is Korab Resources 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, Korab Resources's Trailing 12-Month Free Cash Flow is A$-0.21 Mil, and Market Cap is A$2.57 Mil. Therefore, Korab Resources's FCF Yield % for today is -8.21%.

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

ASX:KOR' s FCF Yield % Range Over the Past 10 Years
Min: -463.34   Med: -99.29   Max: -8.21
Current: -8.21

During the past 13 years, the highest FCF Yield % of Korab Resources was -8.21%. The lowest was -463.34%. And the median was -99.29%.

ASX:KOR's FCF Yield % is ranked better than
60.61% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.24 vs ASX:KOR: -8.21

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

Korab Resources FCF Yield % Historical Data

The historical data trend for Korab Resources'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.

Korab Resources FCF Yield % Chart

Korab Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.83 -7.04 3.43 -8.79 -5.55

Korab Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -1.02 -14.27 -6.52 -2.20 -4.15

Competitive Comparison of Korab Resources's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Korab Resources'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.

Korab Resources's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Korab Resources's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Korab Resources's FCF Yield % falls into.


Korab Resources 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.

Korab Resources's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.448 / 8.0751
=-5.55%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.122 * 2 / 5.8728
=-4.15%

* 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.

Korab Resources 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.

Korab Resources FCF Yield % Related Terms

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Korab Resources (ASX:KOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Korab Resources Ltd (ASX:KOR) » Definitions » FCF Yield %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
20 Prowse Street, Suite 1, West Perth, Perth, WA, AUS, 6005
Website
http://www.korabresources.com.au
Korab Resources Ltd is a mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.