Sphera Franchise Group SA MiFID Eligible Security (SFG) — Capital Reinvestment Ratio
Sphera Franchise Group SA MiFID Eligible Security (SFG) has a Capital Reinvestment Ratio of 0.28x as of December 2025, meaning it reinvests 0% of its operating cash flow (RON87.47 Million) in capital expenditures (RON24.09 Million). Check Sphera Franchise Group SA MiFID Eligible 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
Sphera Franchise Group SA MiFID Eligible Security Capital Reinvestment Ratio (2020–2025)
This chart tracks Sphera Franchise Group SA MiFID Eligible Security's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Sphera Franchise Group SA MiFID Eligible.
Annual Capital Reinvestment Ratio for Sphera Franchise Group SA MiFID Eligible Security (2020–2025)
Year-by-year Capital Reinvestment Ratio for Sphera Franchise Group SA MiFID Eligible Security from 2020 to 2025. See SFG free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (RON) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.35x | RON197.01 Million | RON68.63 Million | ▲ +33.7% |
| 2024 | 0.26x | RON223.22 Million | RON58.17 Million | ▼ -6.3% |
| 2023 | 0.28x | RON209.52 Million | RON58.28 Million | ▼ -22.7% |
| 2022 | 0.36x | RON153.43 Million | RON55.23 Million | ▼ -36.4% |
| 2021 | 0.57x | RON106.87 Million | RON60.45 Million | ▲ +72.1% |
| 2020 | 0.33x | RON110.60 Million | RON36.36 Million | — |