Atos GroupWBO:ATO2 -0.70%46 Capex-to-Operating-Cash-Flow is 0.37 as of Dec. 2025, which is 20% below its 10-year median of 0.46. GuruFocus rates WBO:ATO2 with a GF Score™ of 46/100 and a GF Value™ of €16.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,475 Software companies, Atos Group ranks worse than 75.12% on this metric.
Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.
Hence, Atos Group's Capex-to-Operating-Cash-Flow for the
six
months ended in Dec. 2025 was 0.37.
Atos Group (WBO:ATO2) Capex-to-Operating-Cash-Flow Explanation
Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.
Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.
Atos Group Capex-to-Operating-Cash-Flow Related Terms
Atos Group Capex-to-Operating-Cash-Flow Historical Data
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The historical data trend for Atos Group's Capex-to-Operating-Cash-Flow 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.
WBO:ATO2 vs IBM, ACN, FISV: Capex-to-Operating-Cash-Flow Comparison
For the Information Technology Services subindustry, Atos Group's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow 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.
Atos Group Capex-to-Operating-Cash-Flow vs Software Industry
For the Software industry and Technology sector, Atos Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Atos Group's Capex-to-Operating-Cash-Flow falls into.
* 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.
What does a Capex-to-Operating-Cash-Flow of 0.37 mean?
Atos Group (WBO:ATO2) has a Capex-to-Operating-Cash-Flow of 0.37 as of Dec. 2025. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Atos Group and its competitors. This is 20% below median its historical median of 0.46. Over the past decade, Atos Group's Capex-to-Operating-Cash-Flow has ranged from 0.24 to 0.72. According to the industry distribution chart, Atos Group ranks #1108 out of 1475 companies in the Software industry, placing it in the top 75.1%.
Is Atos Group's Capex-to-Operating-Cash-Flow too high?
Atos Group's current Capex-to-Operating-Cash-Flow of 0.37 is 20% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.72. The Software industry median Capex-to-Operating-Cash-Flow is 0.24. Atos Group's value of 0.37 is 54.2% above this industry median. Based on the distribution chart, Atos Group ranks #1108 out of 1475 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Atos Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atos Group's Capex-to-Operating-Cash-Flow compare to IBM and ACN?
According to the Software industry distribution chart, Atos Group ranks #1108 out of 1475 companies for Capex-to-Operating-Cash-Flow. This places Atos Group in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.24. Atos Group's value of 0.37 is 54.2% above this benchmark. Historically, Atos Group's own Capex-to-Operating-Cash-Flow has ranged from 0.24 to 0.72 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.24, Atos Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a Software company?
The median Capex-to-Operating-Cash-Flow among Software companies is 0.24, based on 1,475 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atos Group's current Capex-to-Operating-Cash-Flow of 0.37 is 54.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on Atos Group and its competitors. For the Software industry, the median Capex-to-Operating-Cash-Flow is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atos Group's current Capex-to-Operating-Cash-Flow is 0.37, which is 20% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atos Group stock overvalued right now?
Based on GuruFocus' analysis, Atos Group (WBO:ATO2) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.46, compared to a current price of €34.26 — trading 108.1% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 0.37, which is 20% below median its 10-year median of 0.46 and 54.2% above the Software industry median of 0.24. Atos Group's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For Atos Group (WBO:ATO2), the current Capex-to-Operating-Cash-Flow is 0.37 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Atos Group (WBO:ATO2) Overvalued in 2026?
Based on GuruFocus' analysis, Atos Group stock appears to be overvalued.
The current stock price of €34.26 is trading 108.1% above its estimated GF Value™ of €16.46.
GuruFocus considers Atos Group to be Significantly Overvalued.
Key valuation signals for WBO:ATO2:
Capex-to-Operating-Cash-Flow: 0.37 (20% below median its 10-year median of 0.46)
GF Value™: €16.46 vs. price of €34.26 (108.1% above fair value)
Industry Position: 54.2% above the Software median (#1108 of 1475)
No single metric tells the full story. See the WBO:ATO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atos Group is a digital transformation company. It provides digital transformation and technology services. The company's offerings include the development and implementation of AI-enabled digital solutions, as well as related technology, integration, and support services for organizations.
46GF Score
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Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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