Photon Energy N.V. (PEN) — Free Cash Flow Generation Index

Latest as of December 2025: 0.72x

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). See working capital position of Photon Energy N.V. to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.72x
Free Cash Flow / Operating CF

Free Cash Flow

zł4.51 Million
PLN

Operating Cash Flow

zł6.23 Million
PLN

Capital Expenditures

zł1.72 Million
PLN

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. Explore debt repayment capacity of Photon Energy N.V. to assess how comfortably operating cash covers total debt obligations.

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.. For the full company profile including market capitalisation, see Photon Energy N.V. (PEN) market capitalisation.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).