Vedant Asset (BOM:543623) FCF Yield % : -1.06 (As of May. 21, 2024)

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What is Vedant Asset 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, Vedant Asset's Trailing 12-Month Free Cash Flow is ₹-1.23 Mil, and Market Cap is ₹115.99 Mil. Therefore, Vedant Asset's FCF Yield % for today is -1.06%.

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

BOM:543623' s FCF Yield % Range Over the Past 10 Years
Min: -6.7 Med: 0.73 Max: 0.9
Current: -1.06

During the past 4 years, the highest FCF Yield % of Vedant Asset was 0.90%. The lowest was -6.70%. And the median was 0.73%.

BOM:543623's FCF Yield % is ranked worse than
69.44% of 1597 companies
in the Asset Management industry
Industry Median: 2.94 vs BOM:543623: -1.06

Vedant Asset's FCF Margin % for the quarter that ended in Sep. 2023 was -8.35%.

Vedant Asset FCF Yield % Historical Data

The historical data trend for Vedant Asset'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.

Vedant Asset FCF Yield % Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

FCF Yield %

0.73

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
FCF Yield %	Get a 7-Day Free Trial			-	-	-	-	-2.09

Competitive Comparison of Vedant Asset's FCF Yield %

For the Asset Management subindustry, Vedant Asset'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.

Vedant Asset's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vedant Asset's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Vedant Asset's FCF Yield % falls into.

Vedant Asset 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	0.806	/	111.1544
	=	0.73%

Vedant Asset's annualized FCF Yield % for the quarter that ended in Sep. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-1.226	*	2	/	117.368
	=	-2.09%

Vedant Asset 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.

Vedant Asset FCF Yield % Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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