BUL:HES Ratios and Metrics

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 25, 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	102	93	97	108	116	118
Market Cap Growth	3.24%	-4.50%	-10.28%	-7.21%	-1.50%	69.25%
Enterprise Value	100	90	94	107	115	116
Last Close Price	5.63	5.09	5.12	5.50	5.64	5.48
PE Ratio	20.60	18.75	24.07	26.15	12.15	15.46
PS Ratio	1.25	1.13	1.31	1.26	1.22	1.67
PB Ratio	1.91	1.73	1.85	2.21	2.36	2.65
P/TBV Ratio	1.93	1.74	1.85	2.21	2.37	2.66
P/FCF Ratio	21.07	19.06	1293.14	-	-	-
P/OCF Ratio	12.78	11.56	33.81	20.41	153.88	4730.72
EV/Sales Ratio	1.21	1.09	1.28	1.24	1.20	1.63
EV/EBITDA Ratio	9.50	8.57	10.90	12.53	8.27	10.42
EV/EBIT Ratio	16.77	15.13	20.71	21.33	11.00	14.34
EV/FCF Ratio	20.58	18.45	1259.71	-	-	-
Debt / Equity Ratio	-	-	0.06	-	-	-
Debt / EBITDA Ratio	-	-	0.38	-	-	-
Debt / FCF Ratio	-	-	44.16	-	-	-
Net Debt / Equity Ratio	-0.04	-0.04	0.04	-0.04	-0.03	-0.04
Net Debt / EBITDA Ratio	-0.23	-0.23	0.21	-0.26	-0.11	-0.15
Net Debt / FCF Ratio	-0.49	-0.49	24.45	13.70	0.48	0.44
Asset Turnover	1.17	1.17	1.14	1.36	1.56	1.33
Inventory Turnover	4.12	4.12	3.77	3.62	4.33	4.85
Quick Ratio	1.31	1.31	1.30	1.07	1.06	1.36
Current Ratio	1.98	1.98	2.04	2.11	2.25	2.24
Return on Equity (ROE)	9.30%	9.30%	7.93%	8.40%	20.39%	17.84%
Return on Assets (ROA)	5.30%	5.30%	4.39%	4.94%	10.67%	9.46%
Return on Invested Capital (ROIC)	10.56%	10.06%	7.83%	9.50%	20.62%	18.41%
Return on Capital Employed (ROCE)	10.70%	10.70%	8.40%	9.90%	20.70%	17.70%
Earnings Yield	4.82%	5.33%	4.15%	3.82%	8.23%	6.47%
FCF Yield	4.75%	5.25%	0.08%	-0.15%	-2.67%	-3.14%
Dividend Yield	3.74%	-	4.10%	3.82%	5.85%	-
Payout Ratio	76.31%	76.31%	-	-	-	-
Total Shareholder Return	3.74%	-	4.10%	3.82%	5.85%	-

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