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Ashirwad Steels & Industries (BOM:526847) FCF Yield % : 13.57 (As of May. 25, 2024)


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What is Ashirwad Steels & Industries 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, Ashirwad Steels & Industries's Trailing 12-Month Free Cash Flow is ₹92.00 Mil, and Market Cap is ₹677.75 Mil. Therefore, Ashirwad Steels & Industries's FCF Yield % for today is 13.57%.

The historical rank and industry rank for Ashirwad Steels & Industries's FCF Yield % or its related term are showing as below:

BOM:526847' s FCF Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 37.07
Current: 13.57


During the past 13 years, the highest FCF Yield % of Ashirwad Steels & Industries was 37.07%. The lowest was 0.00%. And the median was 0.00%.

BOM:526847's FCF Yield % is ranked better than
78.06% of 629 companies
in the Steel industry
Industry Median: 3.07 vs BOM:526847: 13.57

Ashirwad Steels & Industries's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Ashirwad Steels & Industries FCF Yield % Historical Data

The historical data trend for Ashirwad Steels & Industries'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.

Ashirwad Steels & Industries FCF Yield % Chart

Ashirwad Steels & Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.37 -14.93 40.03 70.14 19.04

Ashirwad Steels & Industries 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 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 - - - - -

Competitive Comparison of Ashirwad Steels & Industries's FCF Yield %

For the Steel subindustry, Ashirwad Steels & Industries'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.


Ashirwad Steels & Industries's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's FCF Yield % falls into.



Ashirwad Steels & Industries 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.

Ashirwad Steels & Industries's FCF Yield % for the fiscal year that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=91.997 / 483.25
=19.04%

Ashirwad Steels & Industries's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0 * 4 / 483.25
=0.00%

* 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.


Ashirwad Steels & Industries 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.


Ashirwad Steels & Industries FCF Yield % Related Terms

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Ashirwad Steels & Industries (BOM:526847) Business Description

Traded in Other Exchanges
N/A
Address
6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries (BOM:526847) Headlines

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