Clicks (CLS) — Cash Flow Reinvestment Rate
Latest as of February 2026:
0.30x
Clicks (CLS) has a Cash Flow Reinvestment Rate of 0.30x as of February 2026, reinvesting ZAC310.58 Million (capex ZAC310.58 Million ) from operating cash flow of ZAC1.05 Billion. Check Clicks (CLS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
0.30x
(Capex + Investments) / Operating CF
Total Reinvested
ZAC310.58 Million
Capex + Investments
Operating Cash Flow
ZAC1.05 Billion
ZAC
Capital Expenditures
ZAC310.58 Million
ZAC
Clicks Cash Flow Reinvestment Rate (2002–2025)
Historical reinvestment intensity for Clicks across 23 annual periods. Explore CLS long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Clicks (2002–2025)
Year-by-year capital reinvestment analysis for Clicks. For live market cap and broader valuation context, see Clicks (CLS) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (ZAC) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | ZAC984.53 Million | ZAC5.24 Billion | ZAC984.53 Million | ▼ -51.3% |
| 2024 | 0.39x | ZAC1.80 Billion | ZAC4.68 Billion | ZAC890.86 Million | ▼ -40.4% |
| 2023 | 0.65x | ZAC2.14 Billion | ZAC3.31 Billion | ZAC930.00 Million | ▲ +46.5% |
| 2022 | 0.44x | ZAC846.31 Million | ZAC1.92 Billion | ZAC837.60 Million | ▲ +44.0% |
| 2021 | 0.31x | ZAC708.74 Million | ZAC2.31 Billion | ZAC689.74 Million | ▼ -26.5% |
| 2020 | 0.42x | ZAC632.72 Million | ZAC1.52 Billion | ZAC590.88 Million | ▲ +14.2% |
| 2019 | 0.37x | ZAC688.55 Million | ZAC1.89 Billion | ZAC646.71 Million | ▼ -29.0% |
| 2018 | 0.51x | ZAC716.90 Million | ZAC1.39 Billion | ZAC671.23 Million | ▼ -15.6% |
| 2017 | 0.61x | ZAC520.35 Million | ZAC853.80 Million | ZAC517.85 Million | ▼ -47.9% |
| 2016 | 1.17x | ZAC887.72 Million | ZAC759.14 Million | ZAC432.96 Million | ▲ +141.4% |
| 2015 | 0.48x | ZAC386.96 Million | ZAC798.99 Million | ZAC369.55 Million | ▲ +41.5% |
| 2014 | 0.34x | ZAC354.27 Million | ZAC1.04 Billion | ZAC336.85 Million | ▼ -31.7% |
| 2013 | 0.50x | ZAC309.89 Million | ZAC618.81 Million | ZAC309.89 Million | ▼ -16.5% |
| 2012 | 0.60x | ZAC255.79 Million | ZAC426.32 Million | ZAC255.79 Million | ▲ +6.1% |
| 2011 | 0.57x | ZAC215.70 Million | ZAC381.56 Million | ZAC215.70 Million | ▼ -48.4% |
| 2010 | 1.10x | ZAC206.48 Million | ZAC188.39 Million | ZAC206.48 Million | ▲ +322.7% |
| 2009 | 0.26x | ZAC224.62 Million | ZAC866.40 Million | ZAC224.62 Million | ▼ -84.0% |
| 2008 | 1.62x | ZAC174.30 Million | ZAC107.53 Million | ZAC174.30 Million | ▲ +970.7% |
| 2007 | 0.15x | ZAC154.87 Million | ZAC1.02 Billion | ZAC154.87 Million | ▼ -89.1% |
| 2006 | 1.39x | ZAC163.57 Million | ZAC117.64 Million | ZAC163.57 Million | ▲ +89.6% |
| 2004 | 0.73x | ZAC160.55 Million | ZAC218.96 Million | ZAC160.55 Million | ▲ +21.8% |
| 2003 | 0.60x | ZAC203.00 Million | ZAC337.21 Million | ZAC203.00 Million | ▼ -18.6% |
| 2002 | 0.74x | ZAC158.00 Million | ZAC213.66 Million | ZAC158.00 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow