Northern Bear Ratios and Metrics

Market cap in millions GBP. Fiscal year is April - March.

Millions GBP. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 6, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	16	9	8	7	12	10
Market Cap Growth	112.19%	6.61%	16.91%	-38.21%	18.65%	4.00%
Enterprise Value	14	12	10	11	13	11
Last Close Price	1.15	0.62	0.56	0.33	0.53	0.45
PE Ratio	3.85	3.85	5.12	4.47	-	-
PS Ratio	0.18	0.11	0.12	0.10	0.19	0.20
PB Ratio	0.63	0.40	0.41	0.32	0.55	0.44
P/TBV Ratio	1.67	1.28	1.71	0.99	2.07	2.29
P/FCF Ratio	2.59	1.61	-	6.35	46.44	4.46
P/OCF Ratio	1.94	1.19	9.54	2.75	5.77	2.88
EV/Sales Ratio	0.16	0.16	0.15	0.16	0.21	0.22
EV/EBITDA Ratio	1.91	2.78	3.03	3.75	4.00	19.24
EV/EBIT Ratio	2.44	3.61	4.16	5.15	5.10	-
EV/FCF Ratio	2.30	2.22	-	9.85	50.88	4.99
Debt / Equity Ratio	0.08	0.14	0.26	0.10	0.16	0.07
Debt / EBITDA Ratio	0.28	0.66	1.34	0.67	0.92	1.71
Debt / FCF Ratio	0.34	0.59	-	2.00	13.12	0.74
Net Debt / Equity Ratio	-0.07	-0.03	0.21	-0.04	0.00	-0.02
Net Debt / EBITDA Ratio	-0.26	-0.17	1.26	-0.31	0.01	-0.91
Net Debt / FCF Ratio	-0.29	-0.13	-3.72	-0.81	0.08	-0.24
Asset Turnover	2.05	1.91	1.73	1.76	1.62	1.30
Inventory Turnover	43.33	39.04	35.93	39.17	40.91	41.12
Quick Ratio	1.05	0.97	0.99	1.04	1.03	0.92
Current Ratio	1.13	1.09	1.14	1.17	1.16	1.03
Return on Equity (ROE)	18.11%	10.83%	7.58%	7.31%	-6.14%	-7.73%
Return on Assets (ROA)	8.16%	5.17%	3.83%	3.39%	4.09%	-0.08%
Return on Invested Capital (ROIC)	18.70%	11.11%	8.01%	8.28%	11.57%	-0.21%
Return on Capital Employed (ROCE)	20.90%	13.30%	9.60%	8.50%	10.10%	-0.20%
Earnings Yield	26.42%	25.99%	19.52%	22.37%	-11.53%	-18.47%
FCF Yield	38.56%	61.98%	-13.56%	15.75%	2.15%	22.42%
Dividend Yield	2.19%	4.02%	3.55%	12.25%	-	-
Payout Ratio	11.58%	11.93%	10.30%	-	-	-
Buyback Yield / Dilution	4.61%	19.50%	8.57%	-0.12%	-0.04%	-0.55%
Total Shareholder Return	6.80%	23.52%	12.12%	12.13%	-0.04%	-0.55%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.