Alupar Investimento Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 15, 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	12,031	10,466	8,374	9,603	8,275	7,062
Market Cap Growth	28.42%	24.98%	-12.80%	16.04%	17.18%	-11.04%
Enterprise Value	25,457	23,869	21,929	21,827	20,963	19,232
PE Ratio	9.90	8.61	7.71	13.84	9.01	6.33
PS Ratio	2.74	2.38	2.09	2.90	2.16	1.35
PB Ratio	0.96	0.83	0.71	0.90	0.80	0.71
P/FCF Ratio	6.24	5.43	3.84	4.76	5.61	8.40
P/OCF Ratio	5.96	5.19	3.68	4.04	3.58	6.69
EV/Sales Ratio	5.79	5.43	5.48	6.59	5.47	3.67
EV/EBITDA Ratio	7.71	7.98	7.53	8.86	6.98	4.92
EV/EBIT Ratio	8.17	8.48	7.99	9.42	7.33	5.10
EV/FCF Ratio	13.21	12.39	10.06	10.83	14.21	22.88
Debt / Equity Ratio	1.00	1.00	1.09	1.11	1.13	1.01
Debt / EBITDA Ratio	4.21	4.21	4.36	4.78	3.88	2.58
Debt / FCF Ratio	6.54	6.54	5.84	5.86	7.93	12.01
Net Debt / Equity Ratio	0.80	0.80	0.87	0.91	0.94	0.89
Net Debt / EBITDA Ratio	3.35	3.35	3.51	3.92	3.23	2.27
Net Debt / FCF Ratio	5.20	5.20	4.69	4.79	6.57	10.57
Quick Ratio	2.08	2.08	1.67	1.42	1.72	1.39
Current Ratio	2.45	2.45	2.05	1.67	2.11	1.80
Asset Turnover	0.14	0.14	0.14	0.12	0.14	0.22
Return on Equity (ROE)	14.27%	14.27%	16.64%	10.96%	16.33%	22.41%
Return on Assets (ROA)	5.60%	5.60%	5.80%	5.14%	6.66%	9.77%
Return on Capital Employed (ROCE)	9.50%	9.50%	9.90%	9.20%	11.30%	16.20%
Earnings Yield	10.10%	11.62%	12.97%	7.23%	11.10%	15.79%
FCF Yield	16.02%	18.41%	26.03%	21.00%	17.82%	11.90%
Dividend Yield	2.08%	6.33%	10.05%	11.87%	18.21%	18.46%
Payout Ratio	72.03%	72.04%	87.65%	160.42%	115.81%	78.82%
Buyback Yield / Dilution	-0.10%	-0.10%	0.00%	1.21%	-	-
Total Shareholder Return	1.98%	6.23%	10.05%	13.08%	18.21%	18.46%

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