It expects the The Gap to generate
average free cash flow of more than $ 900 million during the next five years.
Average Free Cash Flow (Net Cash from Operating Activities less net Capex) in the past 3 years has been $ 22.1 mio *.
the cost of the Saga acquisition, the company: i) has a rather stunning 3 year average adjusted operating free cash flow margin of 50.3 %, and ii) trades at just 7.1 times its 3 year
average free cash flow.
As displayed in Exhibit 2, the portfolio's 3.57 % average dividend yield was supported by a 9.5 %
average free cash flow yield, compared with the benchmark's 1.99 % average dividend yield funded by 4.87 %
average free cash flow yield over the sampled history.
All equities qualified in our portfolio must consistently generate above -
average free cash flow and often provide good dividend yield.
Not exact matches
It's somewhat stunning that FB and GOOG trade around a 5 %
free cash flow yield, which is roughly in line with the broader market
averages.
The 1 %
free cash flow (FCF) yield of JETS's holdings is slightly below the 2 % offered by XLI and the
average Industrials stock due to the airline industry's above
average capital expenditures.
The methodology provides a well - screened group of stocks that also delivers yields greater than the market (S&P 500 yields ~ 2 % while the stocks in our portfolio have an
average yield of 6.5 %), safety in the sustainability of the yield because of strong
free cash flow, and the potential for capital gains as each stock is currently undervalued.
Lastly, we look to see if there is a great history of reinvestment of the
free cash - flow as well as a significant opportunity to reinvest
free cash - flow and earn above
average rates of return.
Truth be told these networks are
cashing in via BIS»cause the
average blackberry user over here just emails, pings, tweets, does facebook with some browsing and ends up using just around 200mb monthly leaving a whopping 2.8 gb to float
free.
Some of these factors include above
average earnings per - share growth rates, above
average return on equity, excess
free cash flow, low debt - to - equity ratios, and shareholder friendly management.
The
cash deposit fee isn't much lower than the
average for business checking accounts, and the
free cash deposit limit is actually somewhat lower than most other accounts, but this is expected for an option that's essentially
free.
Free cash flow is different than just your income because it looks at things like how much you pay in rent or for your mortgage, how much you pay in taxes, and the
average cost of living where you live.
Some of these factors include above -
average earnings per - share growth rates, above -
average return on equity, excess -
free cash flow, low debt - to - equity ratios, and shareholder - friendly management.
Discounted
Free Cash Flow (DCF): Analysis uses future free cash flow projections and discounts them (most often using the weighted average cost of capital) to arrive at a present value, which is used to evaluate the potential for investm
Free Cash Flow (DCF): Analysis uses future free cash flow projections and discounts them (most often using the weighted average cost of capital) to arrive at a present value, which is used to evaluate the potential for investm
Cash Flow (DCF): Analysis uses future
free cash flow projections and discounts them (most often using the weighted average cost of capital) to arrive at a present value, which is used to evaluate the potential for investm
free cash flow projections and discounts them (most often using the weighted average cost of capital) to arrive at a present value, which is used to evaluate the potential for investm
cash flow projections and discounts them (most often using the weighted
average cost of capital) to arrive at a present value, which is used to evaluate the potential for investment.
Coupon
cash flow: Investment grade, tax - exempt municipal bonds tracked in the S&P National AMT -
Free Municipal Bond Index have an
average coupon of 4.61 % vs. the
average coupon of 3.72 % of the bonds in the S&P 500 / MarketAxess Investment Grade Corporate Bond Index.
Since Crown Castle generates extremely stable
free cash flow and owns a good portion of its land and properties, it can reasonably afford to maintain more debt than the
average firm.
A good value in the EV / EBITDA ratio, expensive on a
Free Cash Flow basis and
average on the P / E value.
For mature, going concerns, the after - tax operating income and
free cash flow to the firm will be positive (at least on
average) and that
cash flow is used to service debt payments as well as to provide
cash flows to equity in the form of dividends and stock buybacks.
And indeed, thanks to a highly disciplined and cost cutting - focused management team, Franklin Resources enjoys higher - than -
average profitability, including an impressive
free cash flow margin that has allowed it to shower investors with buybacks and dividends to the tune of $ 13 billion over the last decade.
One strategy dynamically weights positions in a stock index and
cash (the risk -
free asset) depending on the prior - month difference between actual and past
average unexpected index volatility.
Nevertheless, this post is not focused on the absolute valuation and we'll discuss more in another post where you will require to understand a lot of complex terms like future
free cash flow projections, discount rate (weighted
average cost of capital - WACC) etc to find the estimated present value.
Or the
free cash flow figure found in the Cash Flow Statement... on average, the sector's now trading on a dizzying 52.1 P / FCF multi
cash flow figure found in the
Cash Flow Statement... on average, the sector's now trading on a dizzying 52.1 P / FCF multi
Cash Flow Statement... on
average, the sector's now trading on a dizzying 52.1 P / FCF multiple!
Since 2011, the company's revenue has increased by 55 % to a $ 23.3 million annual run - rate, annual EBITDA has
averaged $ 2.6 million, while annual
free cash flow has
averaged $ 2.5 million (for FYs 2012 - 14).
Sandstorm's
average purchase price per ounce of gold is US$ 400 so although our margins expand and contract with the gold price, at current gold prices of US$ 1,350 per ounce we are generating strong
free cash flow.
DHT's
free cash flow yield2 at 23 % is more than quadruple the mean of its comparable companies, who
average a 5.3 % dividend yield and who all currently pay dividends, including those who previously eliminated their dividend during the crisis.
-- My final problem:
Cash earnings, or FCF (i.e. Free Cash Flow: Net operating cash less net capex), exceeded net income only once in 7 years, and averaged 73 % of net income over the per
Cash earnings, or FCF (i.e.
Free Cash Flow: Net operating cash less net capex), exceeded net income only once in 7 years, and averaged 73 % of net income over the per
Cash Flow: Net operating
cash less net capex), exceeded net income only once in 7 years, and averaged 73 % of net income over the per
cash less net capex), exceeded net income only once in 7 years, and
averaged 73 % of net income over the period!
Every month after expenses are considered, these borrowers show a weighted
average of $ 7,285
free cash flow.
The Citi ® Double
Cash Credit Card is a good choice because it provides you with above -
average rewards, and a hassle -
free experience.
It is a hassle
free and simple card that gets you the highest pure
cash back rewards rate (1.5 %, about 50 % higher than
average) with the... Read More
Add in insurance and taxes to your payment about you are looking at about $ 1200 per month — so unless you can rent for a price above the national
average, your rental property will not generate any
free cash flow until the mortgage is paid off.
This is because companies that pass this discriminating filter tend to have well above -
average competitive advantages, returns on capital,
free cash generation, growth potential, management, and balance sheet strength.
Free cash flow after paying the dividend (Operating
cash flow - capital expenditures - dividend payments) has
averaged $ 260.4 M per year since FY 2010.
[Also confirms underlying
free cash flow's
averaged over 180 % of net income].
Fortunately, time was on my side... based on Zamano's end - June market cap of $ 13.8 million, the company's
free cash flow of $ 2.3 million pa (on
average, in the past 2 years) offered a 17 % annual return on investment.
Assuming a base case of about $ 5.5 billion in
free cash flow and 3 % annual growth, Home Depot stands to reward shareholders with roughly 8.5 % returns in the long haul — not outstanding by any measure, but its results are likely more reliable than your
average ticker symbol.
And just in case you think I'm simply cherry - picking numbers out of thin air here, it's important to note the company actually generated operating
free cash flow (i.e. operating
cash flow, less net capex) of EUR 42 million in the past two years — that's an
average 8.0 % Op FCF margin!
I also
average about $ 400 a year with
cash back, which is
free money to stick right in my savings account.
That looks pretty rich when its operating
free cash flow margin's
averaged just 6.8 % in the past two years, while
free cash flow was negligible.
However, operating
free cash flow's
averaged 134 % of operating profit over the same period — add financial income, and
average adjusted operating
free cash flow was 28.0 %.
Plus I'm frustrated to see much of the company's operating
cash generation being absorbed by working capital — LTM operating
free cash flow margin's a mere 0.2 %, although the 2012 - 13
average of 1.6 % is probably more representative.
However, operating margins which previously
averaged almost 23 % (prior to 2015) have taken a big hit since, though now appear stable around 14 % — consistent
cash flow shortfalls (due to increasing receivables & more decentralised inventory, neither of which appears alarming) would suggest we focus on the last twelve months (LTM) operating
free cash flow (Op FCF, i.e. operating
cash flow, less capex) margin of 8.7 % instead.
And a pay - down of existing debt (from surplus
cash, which has
averaged almost EUR 160 M in the past 18 months) would
free up useful debt capacity also.
But on
average over the last 3 years, UDG's operating
free cash flow is barely over 60 % of adjusted operating profit (which management obviously prefers to highlight).
So, we have an
average Operating
Free Cash Flow Margin of 4.3 %, or a current GBP 34.75 mio based on GBP 804.2 mio of Revenues.
And unlike your
average value trap, you actually get paid to wait» round here — ZMNO's LTM $ 2.7 million
free cash flow equates to an 18.2 % RoE, based on its current market cap.
When the difference between the weighted
average growth rate of
free cash flow and the discount rate is small, the terminal value gets really big relative to the value of the
cash lows prior to the terminal value.
Considering the history of success, and the current backlog / pipeline, it might seem unfair to handicap my valuation because of this
cash shortfall — but let's be conservative here: The current operating
free cash flow margin is 3.4 %, so let's
average the two & utilize a 5.2 % adjusted margin (or 85 M).
However, a
cash bid is always hard to beat (especially if the bidder has the fire - power, and the desire, to raise it), and CQB shareholders may soon realise even a $ 13.00
cash bid could be far superior to a ChiquitaFyffes share price that could trade anywhere... As for Fyffes shareholders, at this point referencing a stand - alone intrinsic value might be a good idea again: Adjusted EBITA's notched a little higher to 3.8 %, but again operating
free cash flow (Op FCF) has only
averaged about 55 % of adjusted EBITA in the past few years.
The moving
average timing model is either invested in a a specific stock, ETF or mutual fund, or is alternatively in
cash or other risk -
free asset based on the moving
average signal.