Cango (CANG) FCF Yield % : 89.84 (As of May. 13, 2024)

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What is Cango 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, Cango's Trailing 12-Month Free Cash Flow is $143.4 Mil, and Market Cap is $159.7 Mil. Therefore, Cango's FCF Yield % for today is 89.84%.

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

CANG' s FCF Yield % Range Over the Past 10 Years
Min: -0.7 Med: -0.56 Max: 87.55
Current: 89.84

During the past 8 years, the highest FCF Yield % of Cango was 87.55%. The lowest was -0.70%. And the median was -0.56%.

CANG's FCF Yield % is ranked better than
98.85% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 1.645 vs CANG: 89.84

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

Cango FCF Yield % Historical Data

The historical data trend for Cango'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.

Cango FCF Yield % Chart

Cango Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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3.92

-9.14

-15.15

-46.54

129.12

Cango 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															-	-	-	-	-

Competitive Comparison of Cango's FCF Yield %

For the Auto & Truck Dealerships subindustry, Cango'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.

Cango's FCF Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cango's FCF Yield % distribution charts can be found below:

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

Cango 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	143.447	/	111.09636
	=	129.12%

Cango'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	/	111.09636
	=	0.00%

Cango 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.

Cango FCF Yield % Related Terms

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Cango (CANG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cango Inc (NYSE:CANG) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

9C0A:Germany

Address

556 West Haiyang Road, 8th Floor, New Bund Oriental Plaza II, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.cangoonline.com

Cango Inc is an automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. The services mainly consist of - automotive financing facilitation, automotive transaction facilitation, and aftermarket service facilitation. Geographically, it derives revenue from China.