Pierre et Vacances SA (VAC) — Capital Reinvestment Ratio
Pierre et Vacances SA (VAC) has a Capital Reinvestment Ratio of 0.18x as of September 2025, meaning it reinvests 0% of its operating cash flow (€246.87 Million) in capital expenditures (€44.95 Million). Check Pierre et Vacances SA tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Pierre et Vacances SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Pierre et Vacances SA's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see Pierre et Vacances SA cash conversion from operations.
Annual Capital Reinvestment Ratio for Pierre et Vacances SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Pierre et Vacances SA from 2004 to 2025. See Pierre et Vacances SA (VAC) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | €321.35 Million | €96.09 Million | ▼ -5.3% |
| 2024 | 0.32x | €285.91 Million | €90.30 Million | ▼ -14.6% |
| 2023 | 0.37x | €318.60 Million | €117.86 Million | ▼ -46.1% |
| 2022 | 0.69x | €85.79 Million | €58.89 Million | ▼ -79.9% |
| 2021 | 3.42x | €11.46 Million | €39.20 Million | ▼ -5.4% |
| 2020 | 3.61x | €12.62 Million | €45.60 Million | ▲ +419.1% |
| 2019 | 0.70x | €61.18 Million | €42.60 Million | ▼ -93.5% |
| 2018 | 10.78x | €5.29 Million | €57.08 Million | ▲ +1432.5% |
| 2017 | 0.70x | €36.52 Million | €25.70 Million | ▲ +39.1% |
| 2016 | 0.51x | €43.63 Million | €22.08 Million | ▲ +67.9% |
| 2015 | 0.30x | €80.88 Million | €24.37 Million | ▼ -23.8% |
| 2014 | 0.40x | €45.32 Million | €17.93 Million | ▼ -88.9% |
| 2011 | 3.56x | €10.15 Million | €36.10 Million | ▼ -44.2% |
| 2010 | 6.37x | €6.34 Million | €40.39 Million | ▲ +412.2% |
| 2009 | 1.24x | €65.92 Million | €82.01 Million | ▼ -8.7% |
| 2008 | 1.36x | €65.98 Million | €89.88 Million | ▲ +68.1% |
| 2007 | 0.81x | €255.60 Million | €207.20 Million | ▲ +67.4% |
| 2006 | 0.48x | €168.31 Million | €81.51 Million | ▼ -1.0% |
| 2005 | 0.49x | €87.12 Million | €42.62 Million | ▼ -0.4% |
| 2004 | 0.49x | €113.70 Million | €55.85 Million | — |