Millennium Free Cash Flow from 2010 to 2024

MGIH Stock   1.55  0.05  3.13%   
Millennium Group's Free Cash Flow is decreasing with slightly volatile movements from year to year. Free Cash Flow is estimated to finish at about -6.2 M this year. Free Cash Flow is the amount of cash Millennium Group International generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2010-12-31
Previous Quarter
-6.5 M
Current Value
-6.2 M
Quarterly Volatility
3.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Millennium Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millennium Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 672.8 K or Total Revenue of 44.1 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.2 or PTB Ratio of 0.53. Millennium financial statements analysis is a perfect complement when working with Millennium Group Valuation or Volatility modules.
  
Check out the analysis of Millennium Group Correlation against competitors.

Latest Millennium Group's Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Millennium Group International over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Millennium Group's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Millennium Group's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Millennium Free Cash Flow Regression Statistics

Arithmetic Mean1,320,698
Geometric Mean2,536,596
Coefficient Of Variation264.75
Mean Deviation2,037,761
Median1,894,596
Standard Deviation3,496,605
Sample Variance12.2T
Range14.4M
R-Value(0.33)
Mean Square Error11.8T
R-Squared0.11
Significance0.23
Slope(255,608)
Total Sum of Squares171.2T

Millennium Free Cash Flow History

2024-6.2 M
2023-6.5 M
20227.9 M
20211.5 M
20204.1 M

Other Fundumenentals of Millennium Group Int

Millennium Group Free Cash Flow component correlations

About Millennium Group Financial Statements

Investors use fundamental indicators, such as Millennium Group's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Millennium Group's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Free Cash Flow-6.5 M-6.2 M
Free Cash Flow Yield(0.37)(0.36)
Free Cash Flow Per Share(0.58)(0.55)
EV To Free Cash Flow(1.58)(1.50)
Price To Free Cash Flows Ratio(2.67)(2.54)
Free Cash Flow Operating Cash Flow Ratio 1.58  1.66 

Currently Active Assets on Macroaxis

When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:
Check out the analysis of Millennium Group Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Millennium Group. If investors know Millennium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millennium Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.78)
Revenue Per Share
3.425
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.08)
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millennium Group's market value can be influenced by many factors that don't directly affect Millennium Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.