Free Cash Flow Yield
The Free Cash Flow Yield is an overall return evaluation ratio of a stock, which standardizes the free cash flow per share a company is expected to earn against its market price per share. Generally, the lower this ratio, the less attractive the investment is, and vice versa. The logic behind this is that investors would like to pay as little price as possible for as many earnings as possible.
Calculated as: Free Cash Flow per Share / Market Price