Formula (FORTY) — Capital Reinvestment Ratio
Latest as of December 2025:
0.04x
Formula (FORTY) has a Capital Reinvestment Ratio of 0.04x as of December 2025, meaning it reinvests 0% of its operating cash flow (ILA420.06 Million) in capital expenditures (ILA17.52 Million). See Formula free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.04x
Capex / Operating Cash Flow
Operating Cash Flow
ILA420.06 Million
ILA
Capital Expenditures
ILA17.52 Million
ILA
Data as of
Dec 2025
Most recent filing
Formula Capital Reinvestment Ratio (1998–2025)
This chart tracks Formula's Capital Reinvestment Ratio across 28 annual periods.
Annual Capital Reinvestment Ratio for Formula (1998–2025)
Year-by-year Capital Reinvestment Ratio for Formula from 1998 to 2025. For live market cap and broader valuation context, see FORTY company net worth.
| Year | Reinvestment Ratio | Operating CF (ILA) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.04x | ILA420.06 Million | ILA17.52 Million | ▼ -53.3% |
| 2024 | 0.09x | ILA324.45 Million | ILA28.96 Million | ▼ -17.7% |
| 2023 | 0.11x | ILA294.97 Million | ILA32.00 Million | ▼ -34.0% |
| 2022 | 0.16x | ILA239.14 Million | ILA39.31 Million | ▲ +10.4% |
| 2021 | 0.15x | ILA208.48 Million | ILA31.06 Million | ▲ +48.4% |
| 2020 | 0.10x | ILA286.94 Million | ILA28.81 Million | ▼ -46.2% |
| 2019 | 0.19x | ILA196.08 Million | ILA36.59 Million | ▼ -25.3% |
| 2018 | 0.25x | ILA82.59 Million | ILA20.63 Million | ▲ +7.0% |
| 2017 | 0.23x | ILA80.98 Million | ILA18.91 Million | ▼ -9.3% |
| 2016 | 0.26x | ILA74.95 Million | ILA19.30 Million | ▲ +42.6% |
| 2015 | 0.18x | ILA54.40 Million | ILA9.82 Million | ▼ -36.5% |
| 2014 | 0.28x | ILA16.67 Million | ILA4.74 Million | ▲ +16.3% |
| 2013 | 0.24x | ILA68.55 Million | ILA16.77 Million | ▲ +33.1% |
| 2012 | 0.18x | ILA73.07 Million | ILA13.43 Million | ▼ -74.5% |
| 2011 | 0.72x | ILA25.83 Million | ILA18.65 Million | ▲ +620.5% |
| 2010 | 0.10x | ILA53.37 Million | ILA5.35 Million | ▲ +105.5% |
| 2009 | 0.05x | ILA55.64 Million | ILA2.71 Million | ▼ -43.0% |
| 2008 | 0.09x | ILA47.38 Million | ILA4.05 Million | ▼ -71.2% |
| 2007 | 0.30x | ILA43.27 Million | ILA12.87 Million | ▼ -69.6% |
| 2006 | 0.98x | ILA25.95 Million | ILA25.35 Million | ▼ -74.1% |
| 2005 | 3.78x | ILA6.29 Million | ILA23.75 Million | ▲ +1076.5% |
| 2004 | 0.32x | ILA17.81 Million | ILA5.72 Million | ▼ -19.2% |
| 2003 | 0.40x | ILA12.29 Million | ILA4.89 Million | ▼ -41.6% |
| 2002 | 0.68x | ILA4.97 Million | ILA3.38 Million | ▼ -92.9% |
| 2001 | 9.55x | ILA1.18 Million | ILA11.24 Million | ▲ +237.5% |
| 2000 | 2.83x | ILA5.65 Million | ILA16.00 Million | ▲ +210.6% |
| 1999 | 0.91x | ILA13.41 Million | ILA12.23 Million | ▲ +161.4% |
| 1998 | 0.35x | ILA34.70 Million | ILA12.10 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow