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.
Oatly Group AB ADR
Physical assets are 51.0% of total assets, a heavy footprint. Capex is 0.26x depreciation and free cash flow yield is weak, which fits a cash drain on aging assets. EBITDA after capex covers debt service by -0.26x, which is below 1.
Fixed-asset turnover is 2.59x. Compare it with other names in the same basket.
Physical asset ratio
51.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
2.59x
Revenue per dollar of the physical asset base.
Capex / D&A
0.26x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$3.89
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price $11.17.
Fixed-charge coverage
-0.26x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-10.1%
Latest free cash flow divided by current market cap ($356.46M).
ROIC
—
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.20x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2019 | 42.6% | 1.70x | 6.99x | $1.94 | -2.24x | -$95.68M | — | -0.26x |
| 2020 | 46.4% | 1.53x | 10.80x | $5.73 | -1.41x | -$186.05M | — | -0.17x |
| 2021 | 46.9% | 0.96x | 10.34x | $40.04 | -21.17x | -$495.43M | — | -0.32x |
| 2022 | 58.4% | 1.20x | 4.27x | $22.41 | -8.40x | -$475.11M | — | -0.66x |
| 2023 | 46.2% | 1.75x | 1.34x | $6.92 | -0.94x | -$234.67M | — | -1.02x |
| 2024 | 50.4% | 2.42x | 0.82x | -$0.34 | -0.32x | -$155.62M | — | -0.55x |
| 2025 | 51.0% | 2.59x | 0.26x | -$3.89 | -0.26x | -$36.12M | — | -0.20x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $332.60M
Inventory: $68.54M
Total assets: $787.20M
Goodwill: $128.49M
Intangibles: $9.26M
Liabilities: $767.53M
Tangible book: -$118.08M
Shares: 30,376,295
Revenue: $862.46M
Capex: $12.40M
D&A: $48.57M
EBITDA: -$96.35M
Interest: $77.19M
Short-term debt: $340.27M
Free cash flow: -$36.12M
Operating income: -$67.73M
Invested capital: $514.45M
Tax rate: —