Hitek Global (FRA:4JX) FCF Yield % : -3.07 (As of May. 25, 2024)

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What is Hitek Global 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, Hitek Global's Trailing 12-Month Free Cash Flow is €-0.54 Mil, and Market Cap is €17.70 Mil. Therefore, Hitek Global's FCF Yield % for today is -3.07%.

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

FRA:4JX' s FCF Yield % Range Over the Past 10 Years
Min: -7.8 Med: 3.43 Max: 32.12
Current: -3.07

During the past 7 years, the highest FCF Yield % of Hitek Global was 32.12%. The lowest was -7.80%. And the median was 3.43%.

FRA:4JX's FCF Yield % is ranked worse than
66.26% of 2839 companies
in the Software industry
Industry Median: 0.38 vs FRA:4JX: -3.07

Hitek Global's FCF Margin % for the quarter that ended in Dec. 2023 was -18.69%.

Hitek Global FCF Yield % Historical Data

The historical data trend for Hitek Global'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.

Hitek Global FCF Yield % Chart

Hitek Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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-3.88

Hitek Global Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial							-	-	-	-0.81	-3.99

Competitive Comparison of Hitek Global's FCF Yield %

For the Software - Application subindustry, Hitek Global'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.

Hitek Global's FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's FCF Yield % distribution charts can be found below:

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

Hitek Global 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-0.539	/	13.888666
	=	-3.88%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.277	*	2	/	13.888666
	=	-3.99%

Hitek Global 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.

Hitek Global FCF Yield % Related Terms

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Hitek Global (FRA:4JX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (FRA:4JX) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

HKIT:USA 4JX:Germany

Address

No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN

Website

http://www.xmhitek.com

Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.

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