Novae Group Plc (NVAL) — Capital Reinvestment Ratio

Latest as of June 2026: 0.66x

Novae Group Plc (NVAL) has a Capital Reinvestment Ratio of 0.66x as of June 2026, meaning it reinvests 1% of its operating cash flow (€48.11 Billion) in capital expenditures (€31.53 Billion). Check Novae Group Plc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.66x
Capex / Operating Cash Flow

Operating Cash Flow

€48.11 Billion
EUR

Capital Expenditures

€31.53 Billion
EUR

Data as of

Jun 2026
Most recent filing

Novae Group Plc Capital Reinvestment Ratio (2016–2025)

This chart tracks Novae Group Plc's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does Novae Group Plc generate cash.

Annual Capital Reinvestment Ratio for Novae Group Plc (2016–2025)

Year-by-year Capital Reinvestment Ratio for Novae Group Plc from 2016 to 2025. See Novae Group Plc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 0.80x €150.40 Billion €120.98 Billion ▲ +52.9%
2024 0.53x €202.30 Billion €106.44 Billion ▼ -4.0%
2023 0.55x €151.85 Billion €83.18 Billion ▲ +36.5%
2022 0.40x €164.92 Billion €66.18 Billion ▼ -17.3%
2021 0.49x €110.07 Billion €53.40 Billion ▲ +10.6%
2020 0.44x €86.67 Billion €38.01 Billion ▲ +27.6%
2019 0.34x €109.17 Billion €37.50 Billion ▼ -2.2%
2018 0.35x €106.06 Billion €37.27 Billion ▼ -31.2%
2017 0.51x €90.39 Billion €46.16 Billion ▲ +13.8%
2016 0.45x €80.48 Billion €36.09 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow