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.
Wilmar International Ltd
Physical assets are 48.1% of total assets, a mixed footprint. Capex is 0.78x 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 0.11x, which is below 1.
Fixed-asset turnover is 4.17x. Compare it with other names in the same basket.
Physical asset ratio
48.1%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
4.17x
Revenue per dollar of the physical asset base.
Capex / D&A
0.78x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$28.79
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.94x
Price $27.09.
Fixed-charge coverage
0.11x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
7.6%
Latest free cash flow divided by current market cap ($16.92B).
ROIC
3.7%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.13x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 39.3% | 4.44x | 1.59x | $19.39 | 0.09x | $175.63M | 5.4% | 0.25x |
| 2019 | 42.3% | 3.57x | 2.06x | $19.71 | 0.08x | $1.52B | 5.5% | 0.22x |
| 2020 | 44.8% | 3.76x | 1.87x | $25.07 | 0.10x | -$1.42B | 6.0% | 0.20x |
| 2021 | 46.8% | 4.44x | 2.20x | $27.24 | 0.08x | -$2.57B | 4.5% | 0.18x |
| 2022 | 47.4% | 4.76x | 2.15x | $27.41 | 0.10x | -$435.37M | 5.5% | 0.20x |
| 2023 | 45.5% | 4.12x | 1.87x | $28.04 | 0.08x | $1.60B | 2.2% | 0.07x |
| 2024 | 48.0% | 4.31x | 1.21x | $27.67 | 0.12x | -$200.12M | 4.3% | 0.15x |
| 2025 | 48.1% | 4.17x | 0.78x | $28.79 | 0.11x | $1.28B | 3.7% | 0.13x |
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $16.90B
Inventory: $14.65B
Total assets: $65.64B
Goodwill: $5.51B
Intangibles: $1.58B
Liabilities: $40.58B
Tangible book: $17.97B
Shares: 624,290,000
Revenue: $70.49B
Capex: $1.08B
D&A: $1.39B
EBITDA: $3.66B
Interest: $1.08B
Short-term debt: $23.44B
Free cash flow: $1.28B
Operating income: $2.27B
Invested capital: $45.32B
Tax rate: 25.5%