Companies: 10,795·Total market cap: $144.5T
New Commerce Split Fund

New Commerce Split Fund

YCM.TOTSXFinancial Services● Active
$10.00
+$0.00(+0.00%)
Market Cap$9861850
P/E Ratio—
52W High$11.3
52W Low$4.28182
Free Cash FlowFinancialsRevenue

New Commerce Split Fund (YCM.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

YCM.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $566,466 for FY2023 (fiscal year ending 2023-11-30), down 57.8% year-over-year Five-year CAGR stands at +7.2%.

FY2023 Free Cash Flow$566,466▼ -57.8% YoY
Trailing 12M (TTM)—trailing 4 quarters sum
FCF Margin——
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGR+7.2%FY2018 → FY2023
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
ycm.to free cash flow history · ycm.to free cash flow chart · ycm.to free cash flow growth rate · ycm.to free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2023Latest$566,466▼ 57.8%—
FY2022$1.3M▲ +140.0%155.9%
FY2021$560,011▲ +126.0%104.2%
FY2020−$2.2M▼ 119.1%-739.6%
FY2019$11.2M▲ +2712.2%816.3%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
ycm.to free cash flow 2023 · ycm.to free cash flow 2022 · ycm.to free cash flow 2021 · ycm.to operating cash flow

FCF valuation metrics

New Commerce Split Fund (YCM.TO) trades at a FCF yield of 5.74% and a price-to-free-cash-flow ratio of 15.9x. FCF per share stands at $0.63, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
5.74%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$0.63
TTM FCF ÷ Shares Outstanding
Price / FCF
x15.9
Share Price ÷ FCF per Share
EV / FCF (TTM)
x16.1
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2023 · 2023-11-30
ycm.to price to free cash flow · ycm.to free cash flow yield · ycm.to free cash flow per share · ycm.to price to cash flow ratio

Cash flow statement summary

For FY2023, New Commerce Split Fund generated $0.6M in operating cash flow and spent 0M in capital expenditures, yielding $0.6M in free cash flow.

Operating Activities
+$0.6M
Cash from core business operations
2023-11-30
Investing Activities
+$0.0M
CapEx, acquisitions & investments
2023-11-30
Financing Activities
−$0.6M
Buybacks, dividends & debt
2023-11-30
FCF FormulaOperating CF ($0.6M) − |CapEx| (0M) = FCF ($0.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
ycm.to cash flow statement · ycm.to cash flow statement 2023 · ycm.to operating cash flow · ycm.to cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
New Commerce Split Fund
New Commerce Split FundYOU
YCM.TO
$566,466-57.8%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

New Commerce Split Fund (YCM.TO) reported free cash flow of $566,466 for FY2023 (fiscal year ending 2023-11-30), down 57.8% year-over-year.

Based on available data, New Commerce Split Fund has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $19.4M in FY2009. The 5-year CAGR stands at +7.2%.

New Commerce Split Fund's FCF yield is 5.74% and price-to-FCF ratio is 15.9x for FY2023, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

YCM.TO free cash flow · 8 questions

New Commerce Split Fund free cash flow was $566,466 for FY2023, down 57.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at —.

YCM.TO free cash flowYCM.TO FCFYCM.TO FCF 2023YCM.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · New Commerce Split Fund · New Commerce Split Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026