JSE Limited (JSE) — Capital Reinvestment Ratio
Latest as of December 2025:
0.05x
JSE Limited (JSE) has a Capital Reinvestment Ratio of 0.05x as of December 2025, meaning it reinvests 0% of its operating cash flow (ZAC710.78 Million) in capital expenditures (ZAC33.82 Million). See JSE Limited free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.05x
Capex / Operating Cash Flow
Operating Cash Flow
ZAC710.78 Million
ZAC
Capital Expenditures
ZAC33.82 Million
ZAC
Data as of
Dec 2025
Most recent filing
JSE Limited Capital Reinvestment Ratio (2002–2025)
This chart tracks JSE Limited's Capital Reinvestment Ratio across 23 annual periods.
Annual Capital Reinvestment Ratio for JSE Limited (2002–2025)
Year-by-year Capital Reinvestment Ratio for JSE Limited from 2002 to 2025. For live market cap and broader valuation context, see JSE Limited (JSE) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | ZAC1.25 Billion | ZAC34.67 Million | ▼ -78.6% |
| 2024 | 0.13x | ZAC1.09 Billion | ZAC141.18 Million | ▼ -12.8% |
| 2023 | 0.15x | ZAC1.13 Billion | ZAC167.51 Million | ▼ -25.1% |
| 2022 | 0.20x | ZAC977.75 Million | ZAC193.11 Million | ▲ +9.6% |
| 2021 | 0.18x | ZAC917.25 Million | ZAC165.28 Million | ▼ -12.7% |
| 2020 | 0.21x | ZAC1.00 Billion | ZAC206.91 Million | ▲ +72.9% |
| 2019 | 0.12x | ZAC880.44 Million | ZAC105.10 Million | ▼ -37.4% |
| 2018 | 0.19x | ZAC913.21 Million | ZAC174.21 Million | ▲ +2.4% |
| 2017 | 0.19x | ZAC976.52 Million | ZAC181.90 Million | ▼ -9.3% |
| 2016 | 0.21x | ZAC976.10 Million | ZAC200.57 Million | ▲ +1.8% |
| 2015 | 0.20x | ZAC888.30 Million | ZAC179.36 Million | ▲ +25.9% |
| 2014 | 0.16x | ZAC818.05 Million | ZAC131.20 Million | ▲ +34.9% |
| 2013 | 0.12x | ZAC685.63 Million | ZAC81.50 Million | ▼ -48.1% |
| 2012 | 0.23x | ZAC431.25 Million | ZAC98.69 Million | ▼ -56.2% |
| 2011 | 0.52x | ZAC552.11 Million | ZAC288.62 Million | ▲ +40.0% |
| 2010 | 0.37x | ZAC419.96 Million | ZAC156.81 Million | ▲ +13.3% |
| 2009 | 0.33x | ZAC354.56 Million | ZAC116.81 Million | ▲ +3.5% |
| 2008 | 0.32x | ZAC489.24 Million | ZAC155.76 Million | ▲ +242.6% |
| 2007 | 0.09x | ZAC329.04 Million | ZAC30.58 Million | ▲ +110.0% |
| 2006 | 0.04x | ZAC232.20 Million | ZAC10.28 Million | ▼ -94.4% |
| 2005 | 0.80x | ZAC81.90 Million | ZAC65.25 Million | ▼ -22.6% |
| 2004 | 1.03x | ZAC97.69 Million | ZAC100.57 Million | ▲ +195.6% |
| 2002 | 0.35x | ZAC89.01 Million | ZAC31.00 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow