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Altron (JSE:AEL) Capex-to-Operating-Income : 0.76 (As of Feb. 2024)


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What is Altron Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Altron's Capital Expenditure for the six months ended in Feb. 2024 was R-291.00 Mil. Its Operating Income for the six months ended in Feb. 2024 was R385.00 Mil.

Hence, Altron's Capex-to-Operating-Income for the six months ended in Feb. 2024 was 0.76.


Altron Capex-to-Operating-Income Historical Data

The historical data trend for Altron's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altron Capex-to-Operating-Income Chart

Altron Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 1.34 0.78 0.73 0.75

Altron Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.69 0.77 0.75 0.76

Competitive Comparison of Altron's Capex-to-Operating-Income

For the Information Technology Services subindustry, Altron's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altron's Capex-to-Operating-Income Distribution in the Software Industry

For the Software industry and Technology sector, Altron's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Altron's Capex-to-Operating-Income falls into.



Altron Capex-to-Operating-Income Calculation

Altron's Capex-to-Operating-Income for the fiscal year that ended in Feb. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-567) / 752
=0.75

Altron's Capex-to-Operating-Income for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-291) / 385
=0.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altron  (JSE:AEL) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Altron Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Altron's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Altron (JSE:AEL) Business Description

Industry
Traded in Other Exchanges
Address
20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191
Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.

Altron (JSE:AEL) Headlines

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