Free cash flow yield is a measure of how much cash a company generates per share compared to its share price. It shows how much return investors can expect from investing in a company based on its free cash flow. Free cash flow is the cash that a company has left after paying for its operating expenses and capital investments. The formula for free cash flow yield is:
Free cash flow yield = (Trailing 12-month free cash flow per share / Last price) * 100
Where:
- Trailing 12-month free cash flow per share is TM014,
ttm_free_cash_flow_per_sh
- Last price is R0117,
pr_last