Photocure Cash Flow Conversion Efficiency

Latest as of June 2026: 0.103x

Photocure cash flow conversion efficiency. Based on the latest financial reports, Photocure (PHO) has a cash flow conversion efficiency ratio of 0.103x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr62.78 Million ≈ $6.61 Million USD) by net assets (Nkr606.75 Million ≈ $63.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Photocure (2002–2025)

Cash flow conversion efficiency of Photocure from 2002 to 2025. This chart illustrates how Photocure's cash flow conversion efficiency has evolved over time, based on yearly financial data. View PHO share price today for real-time trading data and today's change.

Photocure Cash Flow Conversion Ratio Explained

Photocure cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Photocure Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Photocure ranked by their cash flow conversion efficiency. Also see market value of Photocure for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Varia US Properties Ltd SW:VARN	0.018x
Rawlplug S.A. WAR:RWL	0.070x
Lan Fa Textile Co Ltd TW:1459	0.028x
Forrester Research Inc NASDAQ:FORR	-0.030x
Bank Artha Graha Internasional JK:INPC	0.010x
Bukaka Teknik Utama Tbk Pt JK:BUKK	0.033x
Fate Therapeutics Inc NASDAQ:FATE	-0.104x
Astec LifeSciences Limited NSE:ASTEC	-0.020x

Annual Cash Flow Conversion Efficiency for Photocure (2002–2025)

The table below shows the annual cash flow conversion efficiency of Photocure from 2002 to 2025. Review Photocure (PHO) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr484.23 Million ≈ $50.96 Million	Nkr25.96 Million ≈ $2.73 Million	0.054x	-64.96%
2024-12-31	Nkr501.72 Million ≈ $52.79 Million	Nkr76.75 Million ≈ $8.08 Million	0.153x	+151.36%
2023-12-31	Nkr482.85 Million ≈ $50.81 Million	Nkr29.39 Million ≈ $3.09 Million	0.061x	+1495.53%
2022-12-31	Nkr462.73 Million ≈ $48.69 Million	Nkr-2.02 Million ≈ $-212.35K	-0.004x	-109.18%
2021-12-31	Nkr502.63 Million ≈ $52.89 Million	Nkr23.89 Million ≈ $2.51 Million	0.048x	+54.94%
2020-12-31	Nkr508.13 Million ≈ $53.47 Million	Nkr15.59 Million ≈ $1.64 Million	0.031x	-69.03%
2019-12-31	Nkr208.59 Million ≈ $21.95 Million	Nkr20.66 Million ≈ $2.17 Million	0.099x	+172.38%
2018-12-31	Nkr176.34 Million ≈ $18.56 Million	Nkr-24.12 Million ≈ $-2.54 Million	-0.137x	-26.45%
2017-12-31	Nkr218.08 Million ≈ $22.95 Million	Nkr-23.59 Million ≈ $-2.48 Million	-0.108x	-242.01%
2016-12-31	Nkr251.94 Million ≈ $26.51 Million	Nkr19.19 Million ≈ $2.02 Million	0.076x	+176.09%
2015-12-31	Nkr210.06 Million ≈ $22.10 Million	Nkr-21.03 Million ≈ $-2.21 Million	-0.100x	-294.80%
2014-12-31	Nkr240.06 Million ≈ $25.26 Million	Nkr-6.09 Million ≈ $-640.63K	-0.025x	+93.16%
2013-12-31	Nkr269.12 Million ≈ $28.32 Million	Nkr-99.72 Million ≈ $-10.49 Million	-0.371x	-156.53%
2012-12-31	Nkr380.27 Million ≈ $40.02 Million	Nkr-54.93 Million ≈ $-5.78 Million	-0.144x	-84.12%
2011-12-31	Nkr439.34 Million ≈ $46.23 Million	Nkr-34.47 Million ≈ $-3.63 Million	-0.078x	-330.80%
2010-12-31	Nkr458.85 Million ≈ $48.28 Million	Nkr15.60 Million ≈ $1.64 Million	0.034x	-95.55%
2009-12-31	Nkr415.78 Million ≈ $43.75 Million	Nkr317.44 Million ≈ $33.40 Million	0.763x	+355.48%
2008-12-31	Nkr199.69 Million ≈ $21.01 Million	Nkr-59.68 Million ≈ $-6.28 Million	-0.299x	+18.77%
2007-12-31	Nkr259.99 Million ≈ $27.36 Million	Nkr-95.66 Million ≈ $-10.07 Million	-0.368x	-281.35%
2006-12-31	Nkr326.94 Million ≈ $34.40 Million	Nkr66.33 Million ≈ $6.98 Million	0.203x	+113.94%
2005-12-31	Nkr48.47 Million ≈ $5.10 Million	Nkr-70.54 Million ≈ $-7.42 Million	-1.455x	-147.85%
2004-12-31	Nkr85.57 Million ≈ $9.00 Million	Nkr-50.25 Million ≈ $-5.29 Million	-0.587x	-9.86%
2003-12-31	Nkr131.90 Million ≈ $13.88 Million	Nkr-70.51 Million ≈ $-7.42 Million	-0.535x	-75.36%
2002-12-31	Nkr167.00 Million ≈ $17.57 Million	Nkr-50.91 Million ≈ $-5.36 Million	-0.305x	--

About Photocure

OL:PHO Norway Drug Manufacturers - Specialty & Generic

Market Cap

$131.57 Million

Nkr1.25 Billion NOK

Market Cap Rank

#17978 Global

#154 in Norway

Share Price

Nkr46.45

Change (1 day)

-0.54%

52-Week Range

Nkr46.45 - Nkr79.00

All Time High

Nkr150.90