Photon Energy N.V. (PEN) — Cash Flow Reinvestment Rate
Photon Energy N.V. (PEN) has a Cash Flow Reinvestment Rate of 0.28x as of December 2025, reinvesting zł1.72 Million (capex zł1.72 Million ) from operating cash flow of zł6.23 Million. See Photon Energy N.V. free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Photon Energy N.V. Cash Flow Reinvestment Rate (2014–2025)
Historical reinvestment intensity for Photon Energy N.V. across 12 annual periods. For the full cash flow conversion analysis, see PEN cash flow conversion.
Annual Cash Flow Reinvestment Rate for Photon Energy N.V. (2014–2025)
Year-by-year capital reinvestment analysis for Photon Energy N.V.. See PEN financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (PLN) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.37x | zł7.53 Million | zł20.57 Million | zł7.46 Million | ▼ -37.4% |
| 2024 | 0.58x | zł8.37 Million | zł14.32 Million | zł6.98 Million | ▼ -91.6% |
| 2023 | 6.93x | zł49.99 Million | zł7.21 Million | zł23.28 Million | ▼ -30.1% |
| 2022 | 9.91x | zł28.21 Million | zł2.85 Million | zł27.58 Million | ▲ +441.5% |
| 2021 | 1.83x | zł11.38 Million | zł6.22 Million | zł8.62 Million | ▼ -49.5% |
| 2020 | 3.63x | zł20.16 Million | zł5.56 Million | zł18.31 Million | ▲ +3.9% |
| 2019 | 3.49x | zł22.81 Million | zł6.54 Million | zł17.54 Million | ▲ +118.5% |
| 2018 | 1.60x | zł12.22 Million | zł7.65 Million | zł9.55 Million | ▼ -65.2% |
| 2017 | 4.59x | zł12.22 Million | zł2.66 Million | zł9.55 Million | — |
| 2016 | 0.00x | zł0.00 | zł2.04 Million | zł0.00 | — |
| 2015 | 0.00x | zł0.00 | zł3.62 Million | zł0.00 | — |
| 2014 | 0.00x | zł0.00 | zł1.74 Million | zł0.00 | — |