Photocure (PHO) - Cash Flow Conversion Efficiency

Latest as of June 2026: 0.103x

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. Also see market value of Photocure for the company's overall valuation and market capitalisation.

Photocure - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Photocure's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Photocure Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Photocure ranked by their cash flow conversion efficiency. Explore Photocure (PHO) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Huangshan Tourism Development Co Ltd B SHG:900942	0.042x
Expleo Solutions Limited NSE:EXPLEOSOL	0.107x
WCT Holdings Bhd KLSE:9679	0.004x
Castles Technology Co Ltd TW:5258	0.095x
Bank Jabar JK:BJBR	-0.231x
D O Green Technologies Bhd KLSE:7204	0.022x
GOLFZON Co. Ltd KQ:215000	0.052x
Bhageria Industries Limited NSE:BHAGERIA	0.048x

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. View PHO stock price for real-time trading data and today's change.

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

$144.74 Million

Nkr1.38 Billion NOK

Market Cap Rank

#17887 Global

#154 in Norway

Share Price

Nkr51.10

Change (1 day)

-0.78%

52-Week Range

Nkr48.10 - Nkr79.00

All Time High

Nkr150.90