Free cash flow yield is a measure of profitability that looks at a company’s ability to generate cash from its operations. It looks to the amount of cash that a company is able to generate after accounting for all its operating expenses, taxes, and non-cash expenses. In the forex market, the free cash flow yield is often used to identify potential investment opportunities. The yield is calculated by subtracting a company’s after-tax operating profit from its cash flow from operations, and then dividing the result by the company’s market capitalization. By using this metric, investors can see how profitable a company is over a specific period of time and identify profitable investments.