Novem Group S.A. (NVM) — Capital Reinvestment Ratio
Novem Group S.A. (NVM) has a Capital Reinvestment Ratio of 0.16x as of December 2025, meaning it reinvests 0% of its operating cash flow (€21.70 Million) in capital expenditures (€3.50 Million). Check NVM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Novem Group S.A. Capital Reinvestment Ratio (2019–2025)
This chart tracks Novem Group S.A.'s Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see Novem Group S.A. (NVM) cash flow conversion.
Annual Capital Reinvestment Ratio for Novem Group S.A. (2019–2025)
Year-by-year Capital Reinvestment Ratio for Novem Group S.A. from 2019 to 2025. See free cash flow generation of Novem Group S.A. to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | €41.35 Million | €17.52 Million | ▲ +38.9% |
| 2024 | 0.30x | €52.75 Million | €16.09 Million | ▲ +67.2% |
| 2023 | 0.18x | €98.33 Million | €17.93 Million | ▼ -21.0% |
| 2022 | 0.23x | €80.54 Million | €18.59 Million | ▲ +28.0% |
| 2021 | 0.18x | €105.51 Million | €19.02 Million | ▼ -59.3% |
| 2020 | 0.44x | €52.17 Million | €23.13 Million | ▼ -40.1% |
| 2019 | 0.74x | €55.73 Million | €41.28 Million | — |