Real Cash Earnings · Intermediate · Pro filter
FCF yield: what it means and how to read it
Free cash flow ÷ market cap, as a percentage. 5% means ₹5 of free cash a year for every ₹100 of company value.
What is FCF yield?
Free cash flow ÷ market cap, as a percentage. 5% means ₹5 of free cash a year for every ₹100 of company value.
A worked example
Free cash flow of ₹500 Cr on a market cap of ₹10,000 Cr is a 5% yield. That cash can pay dividends, buy back shares or repay debt.
Why does FCF yield matter?
A cash-based way to judge whether a share is cheap.
How do you read FCF yield?
Higher is better. Compare with FD rates.
Higher is usually better.
What is a typical FCF yield in India today?
The median across the 4457 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 71 companies2.1%
Mid Cap · 119 companies1.2%
Small Cap · 4267 companies-0.8%
By industry
Median, largest industries first
Pharmaceuticals · 202-0.1%
Computers - Software & Consulting · 593.0%
Refineries & Marketing · 86.8%
Power Generation · 29-0.8%
Heavy Electrical Equipment · 42-0.6%
Auto Components & Equipments · 1151.0%
Cement & Cement Products · 33-1.1%
Civil Construction · 125-4.3%
Aerospace & Defense · 310.0%
2/3 Wheelers · 10-0.8%
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.