OPEN-SOURCE SCRIPT
FCF Yield - cristianhkr
This indicator is a fundamental valuation tool that calculates Free Cash Flow Yield in real-time. Unlike standard indicators, this script solves the data gap for European companies reporting semi-annually and allows for short-term projections.
What is FCF Yield?
It is the real "interest rate" a company generates relative to its current market price.
Key Features:
Interpretation Guide (Fundamental):
What is FCF Yield?
It is the real "interest rate" a company generates relative to its current market price.
Formula: FCF Yield = (Free Cash Flow / Market Cap) * 100
Key Features:
- Timeframe Flexibility: Switch between TTM (Trailing Twelve Months), FY (Fiscal Year), and FQ (Fiscal Quarter).
- Smart Fallback System: Essential for European stocks. If you select "Quarter" for a company that only reports semi-annually (like many European ones: Adidas, LVMH, Pluxee), the script automatically detects and uses the Semi-Annual (FH) data instead of showing an error.
- Projection/Annualization: Option to annualize short-term data (multiplies Quarters x4 or Semi-Annuals x2) to estimate annual yield based on the last report.
- Intuitive Visualization: Green area for positive cash generation and red for cash burn.
Interpretation Guide (Fundamental):
- 5%: Generally indicates an attractive valuation (the company generates significant cash relative to its price).
- < 2%: The company might be overvalued or is a high-growth company reinvesting everything. Negative: The company is burning cash (liquidity risk or early expansion phase).
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。