The Erawan Group 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 20, 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	11,729	11,924	18,668	23,791	20,301	13,595
Market Cap Growth	-26.83%	-36.13%	-21.53%	17.19%	49.33%	48.99%
Enterprise Value	25,274	25,893	32,884	38,079	33,478	27,984
Last Close Price	2.40	2.37	3.62	4.90	4.18	2.80
PE Ratio	13.99	14.23	14.58	32.03	-	-
Forward PE	12.27	13.50	19.83	30.24	149.33	-
PS Ratio	1.48	1.50	2.32	3.38	4.35	8.85
PB Ratio	1.20	1.22	1.97	3.74	3.55	2.26
P/TBV Ratio	1.31	1.34	2.15	3.78	3.59	2.28
P/FCF Ratio	8.69	8.84	-	4881.13	40.82	-
P/OCF Ratio	4.92	5.00	6.62	10.43	15.75	-
EV/Sales Ratio	3.19	3.27	4.09	5.41	7.17	18.22
EV/EBITDA Ratio	9.70	11.04	13.23	20.04	44.90	-
EV/EBIT Ratio	16.13	16.52	18.57	29.59	227.37	-
EV/FCF Ratio	18.73	19.19	-	7812.65	67.31	-
Debt / Equity Ratio	1.49	1.49	1.55	2.41	2.49	2.48
Debt / EBITDA Ratio	5.61	5.61	5.33	7.05	14.15	-
Debt / FCF Ratio	10.83	10.83	-	3149.00	28.62	-
Net Debt / Equity Ratio	1.30	1.30	1.38	2.22	2.22	2.27
Net Debt / EBITDA Ratio	5.43	5.43	5.26	7.44	17.04	-15.23
Net Debt / FCF Ratio	9.43	9.43	-67.45	2899.36	25.54	-11.14
Asset Turnover	0.30	0.30	0.32	0.31	0.21	0.07
Inventory Turnover	78.47	78.47	71.39	65.66	55.14	30.03
Quick Ratio	0.57	0.57	0.67	0.53	1.08	1.04
Current Ratio	0.61	0.61	0.73	0.62	1.15	1.78
Return on Equity (ROE)	9.39%	9.39%	16.55%	12.57%	-3.63%	-43.32%
Return on Assets (ROA)	3.72%	3.72%	4.44%	3.54%	0.42%	-4.58%
Return on Invested Capital (ROIC)	6.57%	6.58%	8.17%	6.61%	0.77%	-8.31%
Return on Capital Employed (ROCE)	7.00%	7.00%	7.60%	6.20%	0.70%	-7.60%
Earnings Yield	7.15%	7.03%	6.86%	3.12%	-1.10%	-15.08%
FCF Yield	11.51%	11.32%	-1.04%	0.02%	2.45%	-9.04%
Dividend Yield	2.92%	2.95%	2.49%	1.43%	-	-
Payout Ratio	52.48%	52.48%	24.77%	-	-	-
Buyback Yield / Dilution	-3.54%	-3.54%	-1.01%	-3.11%	-24.39%	-44.71%
Total Shareholder Return	-0.62%	-0.59%	1.48%	-1.69%	-24.39%	-44.71%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.