SolarMax Technology (SolarMax Technology) FCF Yield % : 0.67 (As of May. 21, 2024)

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What is SolarMax Technology 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, SolarMax Technology's Trailing 12-Month Free Cash Flow is $-4.95 Mil, and Market Cap is $565.43 Mil. Therefore, SolarMax Technology's FCF Yield % for today is 0.67%.

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

SMXT' s FCF Yield % Range Over the Past 10 Years
Min: 0.63 Med: 0.88 Max: 1.76
Current: 0.67

During the past 7 years, the highest FCF Yield % of SolarMax Technology was 1.76%. The lowest was 0.63%. And the median was 0.88%.

SMXT's FCF Yield % is ranked better than
57.41% of 998 companies
in the Semiconductors industry
Industry Median: -0.235 vs SMXT: 0.67

SolarMax Technology's FCF Margin % for the quarter that ended in Mar. 2024 was -111.03%.

SolarMax Technology FCF Yield % Historical Data

The historical data trend for SolarMax Technology'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.

SolarMax Technology FCF Yield % Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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SolarMax Technology Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
FCF Yield %	Get a 7-Day Free Trial															-	-	-	-	-6.75

Competitive Comparison of SolarMax Technology's FCF Yield %

For the Solar subindustry, SolarMax Technology'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.

SolarMax Technology's FCF Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's FCF Yield % distribution charts can be found below:

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

SolarMax Technology 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	3.787	/	0
	=	N/A%

SolarMax Technology's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-6.4	*	4	/	379.3773
	=	-6.75%

SolarMax Technology 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.

SolarMax Technology FCF Yield % Related Terms

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SolarMax Technology (SolarMax Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarMax Technology Inc (NAS:SMXT) » Definitions » FCF Yield %

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6W1:Germany

Address

3080 12th Street, Riverside, CA, USA, 92507

Website

http://www.solarmaxtech.com

SolarMax Technology Inc is an integrated solar and renewable energy company. It operates in two segments namely the United States and China. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, QCELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from the Solar energy systems.

SolarMax Technology (SolarMax Technology) Headlines

From GuruFocus

SolarMax Technology, Inc. Announces Pricing of Initial Public Offering and listing on Nasdaq

By PRNewswire • 02-27-2024