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.
Paragon Banking Group PLC
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 0.24x 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 0.31x, which is below 1.
Fixed-asset turnover is 16.12x. Compare it with other names in the same basket.
Physical asset ratio
0.4%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
16.12x
Revenue per dollar of the physical asset base.
Capex / D&A
0.24x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
GBX 6.08
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
116.90x
Price GBX 711.00.
Fixed-charge coverage
0.31x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
25.8%
Latest free cash flow divided by current market cap (GBX 1.27B).
ROIC
24.5%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 3.33x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | -8.7% | 5.56x | 0.23x | GBX 3.44 | 0.95x | GBX 1.07B | 2.2% | 3.17x |
| 2019 | -8.3% | 5.35x | 0.27x | GBX 3.55 | 0.73x | GBX 394.80M | 2.3% | 2.77x |
| 2020 | -12.2% | 4.69x | 0.21x | GBX 3.85 | 0.13x | GBX 1.03B | 2.6% | 1.82x |
| 2021 | -8.6% | 5.04x | 0.68x | GBX 4.10 | 0.41x | GBX 873.80M | 3.8% | 3.04x |
| 2022 | -11.3% | 10.92x | 0.55x | GBX 5.01 | 1.21x | GBX 1.17B | 9.0% | 5.85x |
| 2023 | -16.0% | 6.09x | 0.42x | GBX 5.35 | 0.33x | GBX 2.17B | 10.2% | 2.68x |
| 2024 | 0.4% | 7.06x | 0.14x | GBX 5.71 | 0.28x | GBX 2.21B | — | 3.57x |
| 2025 | 0.4% | 16.12x | 0.24x | GBX 6.08 | 0.31x | GBX 327.80M | 24.5% | 3.33x |
- 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: GBX 77.00M
Inventory: GBX 0.00
Total assets: GBX 19.93B
Goodwill: GBX 162.80M
Intangibles: GBX 9.30M
Liabilities: GBX 18.51B
Tangible book: GBX 1.25B
Shares: 205,200,000
Revenue: GBX 1.24B
Capex: GBX 1.30M
D&A: GBX 5.50M
EBITDA: GBX 262.00M
Interest: GBX 746.70M
Short-term debt: GBX 103.00M
Free cash flow: GBX 327.80M
Operating income: GBX 256.50M
Invested capital: GBX 737.30M
Tax rate: 29.7%