Aygaz AS (AYGAZ) — Capital Reinvestment Ratio
Latest as of December 2025:
2.58x
Aygaz AS (AYGAZ) has a Capital Reinvestment Ratio of 2.58x as of December 2025, meaning it reinvests 3% of its operating cash flow (TL202.57 Million) in capital expenditures (TL523.56 Million). See free cash flow generation of Aygaz AS to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
2.58x
Capex / Operating Cash Flow
Operating Cash Flow
TL202.57 Million
TRY
Capital Expenditures
TL523.56 Million
TRY
Data as of
Dec 2025
Most recent filing
Aygaz AS Capital Reinvestment Ratio (2003–2025)
This chart tracks Aygaz AS's Capital Reinvestment Ratio across 22 annual periods.
Annual Capital Reinvestment Ratio for Aygaz AS (2003–2025)
Year-by-year Capital Reinvestment Ratio for Aygaz AS from 2003 to 2025. For live market cap and broader valuation context, see Aygaz AS (AYGAZ) total market value.
| Year | Reinvestment Ratio | Operating CF (TRY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.74x | TL2.18 Billion | TL1.62 Billion | ▼ -90.3% |
| 2024 | 7.65x | TL532.90 Million | TL4.07 Billion | ▲ +1803.6% |
| 2023 | 0.40x | TL2.77 Billion | TL1.11 Billion | ▼ -50.1% |
| 2021 | 0.80x | TL235.01 Million | TL189.06 Million | ▲ +159.0% |
| 2020 | 0.31x | TL276.50 Million | TL85.89 Million | ▲ +48.6% |
| 2019 | 0.21x | TL577.71 Million | TL120.72 Million | ▼ -53.1% |
| 2018 | 0.45x | TL233.28 Million | TL104.00 Million | ▲ +1.3% |
| 2017 | 0.44x | TL251.24 Million | TL110.53 Million | ▲ +159.1% |
| 2016 | 0.17x | TL582.38 Million | TL98.90 Million | ▼ -52.9% |
| 2015 | 0.36x | TL239.43 Million | TL86.29 Million | ▲ +26.1% |
| 2014 | 0.29x | TL284.63 Million | TL81.33 Million | ▼ -12.2% |
| 2013 | 0.33x | TL235.08 Million | TL76.48 Million | ▼ -44.7% |
| 2012 | 0.59x | TL162.61 Million | TL95.70 Million | ▼ -65.1% |
| 2011 | 1.69x | TL98.95 Million | TL167.00 Million | ▲ +725.8% |
| 2010 | 0.20x | TL388.44 Million | TL79.40 Million | ▼ -82.7% |
| 2009 | 1.18x | TL107.21 Million | TL126.35 Million | ▲ +504.0% |
| 2008 | 0.20x | TL376.52 Million | TL73.47 Million | ▼ -34.7% |
| 2007 | 0.30x | TL292.05 Million | TL87.20 Million | ▼ -77.5% |
| 2006 | 1.33x | TL118.56 Million | TL157.53 Million | ▲ +26.8% |
| 2005 | 1.05x | TL136.65 Million | TL143.17 Million | ▼ -62.7% |
| 2004 | 2.81x | TL40.93 Million | TL115.12 Million | ▼ -38.2% |
| 2003 | 4.55x | TL16.79 Trillion | TL76.40 Trillion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow