Applicad PCL Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	734	672	468	739	902	1,221
Market Cap Growth	37.89%	43.71%	-36.74%	-18.01%	-26.15%	92.92%
Enterprise Value	371	232	174	430	590	918
Last Close Price	2.62	2.40	1.55	2.30	2.67	3.44
PE Ratio	7.05	6.45	6.99	14.57	19.40	20.88
PS Ratio	0.65	0.60	0.46	0.82	1.01	1.53
PB Ratio	1.65	1.51	1.23	2.07	2.61	3.42
P/TBV Ratio	1.73	1.58	1.31	2.23	2.80	3.58
P/FCF Ratio	3.70	3.39	7.53	17.08	71.04	21.55
P/OCF Ratio	3.41	3.12	7.00	13.49	22.27	15.17
EV/Sales Ratio	0.33	0.21	0.17	0.47	0.66	1.15
EV/EBITDA Ratio	2.27	1.51	1.61	4.58	7.47	9.36
EV/EBIT Ratio	2.74	1.71	2.01	6.13	10.07	11.22
EV/FCF Ratio	1.87	1.17	2.79	9.93	46.48	16.21
Debt / Equity Ratio	0.04	0.04	0.04	0.05	0.04	0.01
Debt / EBITDA Ratio	0.11	0.11	0.13	0.18	0.15	0.04
Debt / FCF Ratio	0.09	0.09	0.24	0.42	0.98	0.07
Net Debt / Equity Ratio	-0.81	-0.81	-0.81	-0.81	-0.85	-1.00
Net Debt / EBITDA Ratio	-2.36	-2.36	-2.87	-3.10	-3.74	-3.65
Net Debt / FCF Ratio	-1.83	-1.83	-5.00	-6.72	-23.29	-6.32
Asset Turnover	1.20	1.20	1.21	1.16	1.18	1.15
Inventory Turnover	14.00	14.00	12.96	9.12	9.31	10.99
Quick Ratio	1.25	1.25	1.36	1.36	1.27	1.79
Current Ratio	2.02	2.02	1.91	1.92	1.81	1.95
Return on Equity (ROE)	25.19%	25.19%	18.18%	14.49%	13.23%	16.84%
Return on Assets (ROA)	9.02%	9.02%	6.39%	5.60%	4.87%	7.34%
Return on Invested Capital (ROIC)	302.03%	136.92%	99.25%	88.69%	190.11%	-
Return on Capital Employed (ROCE)	23.30%	23.30%	16.50%	14.70%	13.00%	18.90%
Earnings Yield	14.19%	15.49%	14.30%	6.86%	5.16%	4.79%
FCF Yield	27.00%	29.48%	13.29%	5.85%	1.41%	4.64%
Dividend Yield	8.65%	9.58%	8.40%	6.52%	5.25%	5.81%
Payout Ratio	34.96%	34.96%	62.80%	77.28%	120.50%	71.84%
Total Shareholder Return	8.65%	9.58%	8.40%	6.52%	5.25%	5.81%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.