Sphera Franchise Group Ratios and Metrics

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 17, 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	1,480	1,459	1,562	994	543	582
Market Cap Growth	-6.21%	-6.64%	57.09%	83.08%	-6.67%	2.04%
Enterprise Value	1,849	1,842	1,894	1,302	904	869
Last Close Price	38.30	37.75	38.18	22.99	11.47	11.59
PE Ratio	25.73	25.36	16.14	13.97	14.46	31.59
Forward PE	21.95	16.44	16.45	14.29	20.20	15.04
PS Ratio	0.94	0.92	1.01	0.68	0.41	0.58
PB Ratio	11.59	11.42	10.08	6.97	4.67	4.41
P/TBV Ratio	22.50	22.17	16.42	11.84	9.32	8.07
P/FCF Ratio	10.72	10.56	9.11	6.29	5.35	11.40
P/OCF Ratio	7.44	7.33	7.00	4.75	3.54	5.45
PEG Ratio	-	0.57	0.57	0.57	0.57	0.57
EV/Sales Ratio	1.17	1.17	1.22	0.89	0.68	0.87
EV/EBITDA Ratio	7.95	11.36	9.94	8.20	8.28	12.11
EV/EBIT Ratio	18.22	18.15	13.07	11.25	13.88	26.90
EV/FCF Ratio	13.40	13.34	11.04	8.23	8.91	17.02
Debt / Equity Ratio	3.70	3.70	2.96	2.82	3.71	3.56
Debt / EBITDA Ratio	2.03	2.03	1.78	1.82	2.58	3.65
Debt / FCF Ratio	3.42	3.42	2.68	2.54	4.25	9.20
Net Debt / Equity Ratio	2.89	2.89	2.22	2.13	2.61	2.45
Net Debt / EBITDA Ratio	2.28	2.28	1.80	1.91	2.78	4.51
Net Debt / FCF Ratio	2.68	2.68	2.00	1.92	2.99	6.34
Asset Turnover	2.02	2.02	2.09	2.09	1.84	1.43
Inventory Turnover	65.19	65.19	67.06	66.10	64.19	57.28
Quick Ratio	0.41	0.41	0.47	0.44	0.55	0.69
Current Ratio	0.50	0.50	0.56	0.53	0.62	0.78
Return on Equity (ROE)	40.78%	40.78%	65.45%	55.41%	30.55%	13.28%
Return on Assets (ROA)	8.13%	8.13%	12.20%	10.28%	5.65%	2.88%
Return on Invested Capital (ROIC)	16.11%	16.54%	25.06%	22.84%	14.55%	7.36%
Return on Capital Employed (ROCE)	20.60%	20.60%	28.30%	25.60%	15.00%	6.70%
Earnings Yield	3.89%	3.94%	6.19%	7.16%	6.91%	3.17%
FCF Yield	9.33%	9.47%	10.98%	15.90%	18.68%	8.77%
Dividend Yield	5.52%	-	2.85%	9.13%	14.61%	7.79%
Payout Ratio	137.07%	137.07%	82.44%	89.56%	92.41%	188.13%
Buyback Yield / Dilution	0.10%	0.10%	0.05%	0.27%	-	-
Total Shareholder Return	5.50%	0.10%	2.90%	9.40%	14.61%	7.79%

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