GDS Holdings 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
Period Ending	Feb '26 Feb 9, 2026	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
Market Capitalization	48,046	28,567	8,433	20,772	49,109	90,887
Market Cap Growth	96.49%	238.77%	-59.40%	-57.70%	-45.97%	200.19%
Enterprise Value	73,396	70,489	36,042	47,290	68,877	105,141
Last Close Price	24.20	14.59	4.45	10.35	-	-
PE Ratio	11.61	10.07	-	-	-	-
PS Ratio	5.73	3.27	1.26	2.92	7.16	19.91
PB Ratio	2.40	1.42	0.61	1.12	2.16	4.28
P/TBV Ratio	3.21	2.10	1.00	1.82	3.62	5.31
P/OCF Ratio	19.38	17.39	5.97	9.65	46.61	356.07
EV/Sales Ratio	8.97	8.06	5.38	6.66	10.04	23.03
EV/EBITDA Ratio	20.72	18.95	12.63	16.04	24.84	57.85
EV/EBIT Ratio	111.09	72.47	65.66	84.98	137.89	196.42
Debt / Equity Ratio	1.75	1.88	2.19	1.85	1.46	0.92
Debt / EBITDA Ratio	8.76	9.09	9.40	10.28	10.60	9.67
Asset Turnover	0.14	0.14	0.13	0.13	0.12	0.13
Quick Ratio	2.41	1.23	1.21	1.05	0.89	2.34
Current Ratio	2.51	1.28	1.32	1.13	1.07	2.40
Return on Equity (ROE)	4.84%	-3.52%	-17.72%	-4.41%	-4.53%	-3.52%
Return on Assets (ROA)	1.10%	0.97%	0.67%	0.62%	0.55%	0.95%
Return on Capital Employed (ROCE)	2.00%	1.80%	1.20%	1.10%	1.00%	1.40%
Earnings Yield	8.62%	10.16%	-34.81%	-5.38%	-2.26%	-0.60%
FCF Yield	-1.64%	-3.90%	-11.04%	-19.72%	-15.50%	-6.91%
Payout Ratio	0.97%	1.58%	-	-	-	-
Buyback Yield / Dilution	-21.84%	-0.47%	-0.26%	-0.79%	-15.90%	-13.66%

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