Clicks (CLS) — Capital Reinvestment Ratio
Latest as of February 2026:
0.30x
Clicks (CLS) has a Capital Reinvestment Ratio of 0.30x as of February 2026, meaning it reinvests 0% of its operating cash flow (ZAC1.05 Billion) in capital expenditures (ZAC310.58 Million). See Clicks (CLS) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.30x
Capex / Operating Cash Flow
Operating Cash Flow
ZAC1.05 Billion
ZAC
Capital Expenditures
ZAC310.58 Million
ZAC
Data as of
Feb 2026
Most recent filing
Clicks Capital Reinvestment Ratio (2002–2025)
This chart tracks Clicks's Capital Reinvestment Ratio across 23 annual periods.
Annual Capital Reinvestment Ratio for Clicks (2002–2025)
Year-by-year Capital Reinvestment Ratio for Clicks from 2002 to 2025. For live market cap and broader valuation context, see Clicks market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | ZAC5.24 Billion | ZAC984.53 Million | ▼ -1.3% |
| 2024 | 0.19x | ZAC4.68 Billion | ZAC890.86 Million | ▼ -32.3% |
| 2023 | 0.28x | ZAC3.31 Billion | ZAC930.00 Million | ▼ -35.7% |
| 2022 | 0.44x | ZAC1.92 Billion | ZAC837.60 Million | ▲ +46.4% |
| 2021 | 0.30x | ZAC2.31 Billion | ZAC689.74 Million | ▼ -23.4% |
| 2020 | 0.39x | ZAC1.52 Billion | ZAC590.88 Million | ▲ +13.6% |
| 2019 | 0.34x | ZAC1.89 Billion | ZAC646.71 Million | ▼ -28.8% |
| 2018 | 0.48x | ZAC1.39 Billion | ZAC671.23 Million | ▼ -20.6% |
| 2017 | 0.61x | ZAC853.80 Million | ZAC517.85 Million | ▲ +6.3% |
| 2016 | 0.57x | ZAC759.14 Million | ZAC432.96 Million | ▲ +23.3% |
| 2015 | 0.46x | ZAC798.99 Million | ZAC369.55 Million | ▲ +42.2% |
| 2014 | 0.33x | ZAC1.04 Billion | ZAC336.85 Million | ▼ -35.0% |
| 2013 | 0.50x | ZAC618.81 Million | ZAC309.89 Million | ▼ -16.5% |
| 2012 | 0.60x | ZAC426.32 Million | ZAC255.79 Million | ▲ +6.1% |
| 2011 | 0.57x | ZAC381.56 Million | ZAC215.70 Million | ▼ -48.4% |
| 2010 | 1.10x | ZAC188.39 Million | ZAC206.48 Million | ▲ +322.7% |
| 2009 | 0.26x | ZAC866.40 Million | ZAC224.62 Million | ▼ -84.0% |
| 2008 | 1.62x | ZAC107.53 Million | ZAC174.30 Million | ▲ +970.7% |
| 2007 | 0.15x | ZAC1.02 Billion | ZAC154.87 Million | ▼ -89.1% |
| 2006 | 1.39x | ZAC117.64 Million | ZAC163.57 Million | ▲ +89.6% |
| 2004 | 0.73x | ZAC218.96 Million | ZAC160.55 Million | ▲ +21.8% |
| 2003 | 0.60x | ZAC337.21 Million | ZAC203.00 Million | ▼ -18.6% |
| 2002 | 0.74x | ZAC213.66 Million | ZAC158.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow