ENCE Energía y Celulosa S.A (ENC) — Capital Reinvestment Ratio
ENCE Energía y Celulosa S.A (ENC) has a Capital Reinvestment Ratio of 1.33x as of December 2025, meaning it reinvests 1% of its operating cash flow (€13.40 Million) in capital expenditures (€17.80 Million). Check ENCE Energía y Celulosa S.A tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ENCE Energía y Celulosa S.A Capital Reinvestment Ratio (2004–2025)
This chart tracks ENCE Energía y Celulosa S.A's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see ENC cash generation efficiency.
Annual Capital Reinvestment Ratio for ENCE Energía y Celulosa S.A (2004–2025)
Year-by-year Capital Reinvestment Ratio for ENCE Energía y Celulosa S.A from 2004 to 2025. See ENCE Energía y Celulosa S.A free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.84x | €50.20 Million | €92.60 Million | ▲ +88.6% |
| 2024 | 0.98x | €78.60 Million | €76.86 Million | ▲ +441.2% |
| 2022 | 0.18x | €303.68 Million | €54.87 Million | ▼ -64.0% |
| 2021 | 0.50x | €141.29 Million | €70.98 Million | ▼ -67.7% |
| 2020 | 1.56x | €62.36 Million | €97.03 Million | ▼ -6.1% |
| 2019 | 1.66x | €176.50 Million | €292.36 Million | ▲ +100.2% |
| 2018 | 0.83x | €227.26 Million | €187.99 Million | ▲ +178.0% |
| 2017 | 0.30x | €176.31 Million | €52.46 Million | ▼ -45.9% |
| 2016 | 0.55x | €122.81 Million | €67.49 Million | ▲ +2.8% |
| 2015 | 0.53x | €110.62 Million | €59.17 Million | ▼ -91.5% |
| 2014 | 6.32x | €9.46 Million | €59.83 Million | ▲ +877.6% |
| 2013 | 0.65x | €175.86 Million | €113.74 Million | ▼ -40.1% |
| 2012 | 1.08x | €111.57 Million | €120.44 Million | ▲ +25.4% |
| 2011 | 0.86x | €110.73 Million | €95.34 Million | ▼ -21.4% |
| 2010 | 1.09x | €90.00 Million | €98.53 Million | ▼ -42.1% |
| 2009 | 1.89x | €87.92 Million | €166.38 Million | ▼ -37.6% |
| 2008 | 3.03x | €97.72 Million | €296.33 Million | ▲ +2585.5% |
| 2007 | 0.11x | €113.93 Million | €12.86 Million | ▲ +3.0% |
| 2006 | 0.11x | €133.07 Million | €14.59 Million | ▼ -92.5% |
| 2005 | 1.47x | €104.94 Million | €153.90 Million | ▲ +74.7% |
| 2004 | 0.84x | €103.17 Million | €86.61 Million | — |