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Garg Furnace (BOM:530615) FCF Yield % : 4.59 (As of May. 25, 2024)


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What is Garg Furnace 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, Garg Furnace's Trailing 12-Month Free Cash Flow is ₹61 Mil, and Market Cap is ₹1,337 Mil. Therefore, Garg Furnace's FCF Yield % for today is 4.59%.

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

BOM:530615' s FCF Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10.7
Current: 4.59


During the past 13 years, the highest FCF Yield % of Garg Furnace was 10.70%. The lowest was 0.00%. And the median was 0.00%.

BOM:530615's FCF Yield % is ranked better than
55.33% of 629 companies
in the Steel industry
Industry Median: 3.07 vs BOM:530615: 4.59

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


Garg Furnace FCF Yield % Historical Data

The historical data trend for Garg Furnace'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.

Garg Furnace FCF Yield % Chart

Garg Furnace Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 559.06 423.75 27.29 -10.81 37.49

Garg Furnace 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 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 Garg Furnace's FCF Yield %

For the Steel subindustry, Garg Furnace'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.


Garg Furnace's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Garg Furnace's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Garg Furnace's FCF Yield % falls into.



Garg Furnace 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.

Garg Furnace's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=61.369 / 163.715308
=37.49%

Garg Furnace'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 * 4 / 1050.68027
=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.


Garg Furnace 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.


Garg Furnace FCF Yield % Related Terms

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Garg Furnace (BOM:530615) Business Description

Traded in Other Exchanges
N/A
Address
Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.

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