Eneva 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 7, 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	48,891	38,660	20,338	21,540	18,871	17,907
Market Cap Growth	97.30%	90.09%	-5.58%	14.15%	5.38%	-8.70%
Enterprise Value	71,521	59,623	40,808	48,620	24,765	23,781
PE Ratio	42.26	33.40	484.08	98.95	50.22	15.26
PS Ratio	2.65	2.10	1.79	2.13	3.08	3.49
PB Ratio	2.28	1.81	1.01	1.44	1.37	1.99
P/FCF Ratio	-	-	12.72	95.16	-	184.67
P/OCF Ratio	9.52	7.53	4.89	7.72	14.88	14.53
EV/Sales Ratio	3.88	3.24	3.58	4.82	4.04	4.64
EV/EBITDA Ratio	11.11	9.60	10.17	12.10	14.03	11.91
EV/EBIT Ratio	19.62	16.35	14.31	18.20	25.59	16.51
EV/FCF Ratio	-136.61	-	25.53	214.78	-	245.25
Debt / Equity Ratio	1.11	1.11	1.08	1.56	1.61	0.88
Debt / EBITDA Ratio	3.68	3.68	4.82	5.44	12.25	3.86
Debt / FCF Ratio	-	-	13.68	102.90	-	81.57
Net Debt / Equity Ratio	0.98	0.98	0.89	1.39	1.46	0.69
Net Debt / EBITDA Ratio	3.39	3.39	4.49	5.15	11.39	3.12
Net Debt / FCF Ratio	-40.20	-40.20	11.26	91.44	-22.47	64.27
Quick Ratio	0.71	0.71	1.13	0.92	0.73	1.78
Current Ratio	1.13	1.13	1.47	1.28	1.11	2.22
Asset Turnover	0.34	0.34	0.24	0.24	0.20	0.30
Return on Equity (ROE)	8.13%	8.13%	3.13%	2.12%	3.31%	13.86%
Return on Assets (ROA)	4.16%	4.16%	3.70%	3.92%	2.02%	5.22%
Return on Capital Employed (ROCE)	7.50%	7.50%	6.10%	6.90%	2.60%	8.60%
Earnings Yield	2.37%	2.99%	0.21%	1.01%	1.99%	6.55%
FCF Yield	-1.07%	-1.35%	7.86%	1.05%	-4.74%	0.54%
Buyback Yield / Dilution	-14.69%	-14.69%	-5.54%	-13.48%	-9.46%	-0.47%

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