Karsten Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 25, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Market Capitalization	220	136	104	95	148	145	Upgrade
Market Cap Growth	88.62%	30.15%	9.84%	-35.93%	2.48%	95.58%	Upgrade
Enterprise Value	595	540	568	657	663	630	Upgrade
Last Close Price	36.00	21.89	15.00	21.46	30.97	26.00	Upgrade
PE Ratio	1.85	1.15	2.48	-	2.58	1.80	Upgrade
PS Ratio	0.30	0.19	0.16	0.16	0.27	0.38	Upgrade
PB Ratio	6.20	24.84	-0.92	-0.61	-1.11	-0.76	Upgrade
P/FCF Ratio	3.65	1.47	0.90	3.97	-	4.53	Upgrade
P/OCF Ratio	2.18	1.08	0.81	1.94	-	2.80	Upgrade
EV/Sales Ratio	0.81	0.77	0.85	1.07	1.21	1.66	Upgrade
EV/EBITDA Ratio	5.54	5.99	7.03	20.30	8.80	14.82	Upgrade
EV/EBIT Ratio	6.63	7.15	8.43	32.31	10.14	18.70	Upgrade
EV/FCF Ratio	9.88	5.85	4.90	27.46	-	19.71	Upgrade
Debt / Equity Ratio	12.22	81.13	-4.51	-3.66	-4.23	-2.82	Upgrade
Debt / EBITDA Ratio	4.04	4.70	5.99	15.83	7.28	12.21	Upgrade
Debt / FCF Ratio	7.20	4.81	4.40	23.72	-	16.90	Upgrade
Asset Turnover	1.08	1.03	1.07	0.99	0.97	0.86	Upgrade
Inventory Turnover	1.90	2.10	2.02	1.84	1.95	2.27	Upgrade
Quick Ratio	1.01	1.07	1.03	0.81	0.83	1.15	Upgrade
Current Ratio	1.87	1.74	1.71	1.57	1.72	1.75	Upgrade
Return on Assets (ROA)	8.29%	6.99%	6.75%	2.06%	7.17%	4.73%	Upgrade
Return on Capital (ROIC)	13.03%	11.17%	10.41%	3.01%	10.47%	6.90%	Upgrade
Return on Capital Employed (ROCE)	19.50%	17.20%	17.70%	6.00%	17.60%	10.00%	Upgrade
Earnings Yield	53.94%	87.15%	40.39%	-22.25%	38.76%	55.62%	Upgrade
FCF Yield	27.38%	67.88%	111.06%	25.20%	-29.21%	22.07%	Upgrade

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