TQM Alpha 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 24, 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	7,404	6,828	15,300	17,250	23,400	29,100
Market Cap Growth	-28.62%	-55.37%	-11.30%	-26.28%	-19.59%	-27.88%
Enterprise Value	8,083	7,323	16,335	17,793	23,682	28,932
Last Close Price	12.50	10.99	22.70	24.71	32.51	39.29
PE Ratio	10.18	9.27	18.87	21.13	28.91	32.68
Forward PE	9.43	7.80	16.33	18.73	23.74	28.91
PS Ratio	1.90	1.75	3.87	4.62	6.36	8.14
PB Ratio	2.15	1.98	4.43	5.27	7.41	8.39
P/TBV Ratio	3.08	2.84	6.60	8.30	12.55	12.30
P/FCF Ratio	12.25	11.30	34.61	24.64	61.54	32.34
P/OCF Ratio	11.77	10.86	33.08	22.24	55.95	31.70
PEG Ratio	-	1.30	1.30	1.25	0.99	1.11
EV/Sales Ratio	2.08	1.88	4.13	4.77	6.44	8.09
EV/EBITDA Ratio	6.56	6.54	13.13	14.60	20.19	24.55
EV/EBIT Ratio	7.89	7.28	14.49	16.11	22.26	25.88
EV/FCF Ratio	13.37	12.11	36.95	25.41	62.28	32.15
Debt / Equity Ratio	0.48	0.48	0.40	0.40	0.26	0.15
Debt / EBITDA Ratio	1.37	1.37	1.03	0.98	0.63	0.40
Debt / FCF Ratio	2.75	2.75	3.13	1.86	2.14	0.57
Net Debt / Equity Ratio	0.04	0.04	-0.02	-0.01	-0.10	-0.35
Net Debt / EBITDA Ratio	0.12	0.12	-0.05	-0.03	-0.26	-1.02
Net Debt / FCF Ratio	0.22	0.22	-0.13	-0.05	-0.81	-1.34
Asset Turnover	0.66	0.66	0.71	0.72	0.74	0.83
Quick Ratio	1.20	1.20	1.50	1.72	1.77	2.96
Current Ratio	2.04	2.04	2.22	2.45	2.22	3.19
Return on Equity (ROE)	22.70%	22.70%	25.62%	26.73%	26.72%	33.71%
Return on Assets (ROA)	10.63%	10.63%	12.62%	13.32%	13.45%	16.27%
Return on Invested Capital (ROIC)	23.73%	23.12%	27.18%	28.77%	33.18%	50.32%
Return on Capital Employed (ROCE)	24.70%	24.70%	27.90%	26.80%	28.10%	26.60%
Earnings Yield	9.95%	10.79%	5.30%	4.73%	3.59%	3.40%
FCF Yield	8.16%	8.85%	2.89%	4.06%	1.63%	3.09%
Dividend Yield	9.68%	10.01%	4.18%	4.05%	3.69%	4.96%
Payout Ratio	91.28%	91.28%	79.78%	84.48%	95.70%	83.12%
Buyback Yield / Dilution	0.04%	0.04%	-	-	-	-
Total Shareholder Return	9.41%	10.05%	4.18%	4.05%	3.69%	4.96%

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