Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Caixabank SA
Banks, insurers, and other financials hold few plants and little inventory, so a physical-asset screen is a poor fit. The ratios below are still the latest annual figures. Capex is 0.49x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. EBITDA after capex covers debt service by 0.24x, which is below 1.
Fixed-asset turnover is 4.00x. Compare it with other names in the same basket.
Physical asset ratio
1.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
4.00x
Revenue per dollar of the physical asset base.
Capex / D&A
0.49x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
€4.73
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
2.52x
Price €11.92.
Fixed-charge coverage
0.24x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
50.7%
Latest free cash flow divided by current market cap (€82.77B).
ROIC
7.2%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 1.29x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | -7.5% | 3.09x | 1.82x | €3.38 | 0.81x | -€5.61B | 3.9% | 0.62x |
| 2019 | -6.0% | 2.30x | 1.39x | €3.57 | 0.40x | -€7.21B | 2.9% | 0.34x |
| 2020 | -12.8% | 2.20x | 1.28x | €3.57 | 0.30x | €36.87B | 9.4% | 0.26x |
| 2021 | -16.9% | 2.76x | 0.98x | €4.03 | 0.94x | €37.95B | — | 0.76x |
| 2022 | -4.5% | 2.27x | 1.25x | €3.71 | 0.75x | -€80.79B | 4.2% | 0.55x |
| 2023 | -6.8% | 4.44x | 1.03x | €4.26 | 0.22x | €14.94B | 8.2% | 1.13x |
| 2024 | 0.9% | 5.01x | 0.41x | €4.38 | 0.33x | €16.53B | 8.7% | 1.41x |
| 2025 | 1.0% | 4.00x | 0.49x | €4.73 | 0.24x | €41.97B | 7.2% | 1.29x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: €6.51B
Inventory: €0.00
Total assets: €664.04B
Goodwill: €3.09B
Intangibles: €2.18B
Liabilities: €625.51B
Tangible book: €33.26B
Shares: 7,033,505,000
Revenue: €26.04B
Capex: €386.00M
D&A: €791.00M
EBITDA: €9.18B
Interest: €7.35B
Short-term debt: €28.98B
Free cash flow: €41.97B
Operating income: €8.39B
Invested capital: €78.18B
Tax rate: 33.1%