Photon Energy N.V. (PEN) — Free Cash Flow Generation Index
Photon Energy N.V. (PEN) has a Free Cash Flow Generation Index of 0.72x as of December 2025. Free cash flow of zł4.51 Million represents 1% of operating cash flow (zł6.23 Million). Explore PEN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Photon Energy N.V. Free Cash Flow Generation Index (2014–2025)
Historical FCF Generation Index trend for Photon Energy N.V. across 12 annual periods. For the full cash flow conversion analysis, see Photon Energy N.V. operating cash flow efficiency.
Annual Free Cash Flow Generation for Photon Energy N.V. (2014–2025)
Year-by-year Free Cash Flow Generation Index for Photon Energy N.V.. Check Photon Energy N.V. investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (PLN) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.64x | zł13.11 Million | zł20.57 Million | zł7.46 Million | ▲ +24.3% |
| 2024 | 0.51x | zł7.34 Million | zł14.32 Million | zł6.98 Million | ▲ +123.0% |
| 2023 | -2.23x | zł-16.07 Million | zł7.21 Million | zł23.28 Million | ▲ +74.4% |
| 2022 | -8.69x | zł-24.73 Million | zł2.85 Million | zł27.58 Million | ▼ -2153.4% |
| 2021 | -0.39x | zł-2.40 Million | zł6.22 Million | zł8.62 Million | ▲ +83.2% |
| 2020 | -2.29x | zł-12.75 Million | zł5.56 Million | zł18.31 Million | ▼ -36.1% |
| 2019 | -1.68x | zł-11.01 Million | zł6.54 Million | zł17.54 Million | ▼ -579.1% |
| 2018 | -0.25x | zł-1.90 Million | zł7.65 Million | zł9.55 Million | ▼ -124.8% |
| 2017 | 1.00x | zł2.66 Million | zł2.66 Million | zł9.55 Million | ▲ +0.0% |
| 2016 | 1.00x | zł2.04 Million | zł2.04 Million | zł0.00 | ▲ +0.0% |
| 2015 | 1.00x | zł3.62 Million | zł3.62 Million | zł0.00 | ▲ +0.0% |
| 2014 | 1.00x | zł1.74 Million | zł1.74 Million | zł0.00 | — |