Klabin 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	Feb '26 Feb 19, 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	24,799	23,254	28,208	24,516	21,975	28,186
Market Cap Growth	-9.67%	-17.56%	15.06%	11.56%	-22.04%	-1.69%
Enterprise Value	58,882	55,535	61,040	50,143	46,949	50,270
Last Close Price	20.21	18.76	20.98	17.15	14.45	17.31
PE Ratio	17.67	16.57	15.41	9.10	4.93	9.33
Forward PE	13.75	-	11.93	14.27	7.74	13.37
PS Ratio	1.20	1.12	1.44	1.36	1.10	1.71
PB Ratio	1.72	1.62	3.27	1.79	1.90	3.98
P/TBV Ratio	3.36	3.15	4.53	2.18	2.37	5.04
P/FCF Ratio	6.96	6.52	-	12.08	74.25	27.81
P/OCF Ratio	3.88	3.64	3.74	3.64	2.61	5.76
PEG Ratio	1.48	6.70	3.35	-	0.38	0.26
EV/Sales Ratio	2.84	2.68	3.11	2.78	2.34	3.05
EV/EBITDA Ratio	7.85	7.66	8.66	8.49	6.10	7.33
EV/EBIT Ratio	23.05	21.73	17.80	17.08	9.88	12.08
EV/FCF Ratio	16.52	15.58	-	24.70	158.63	49.60
Debt / Equity Ratio	2.67	2.67	4.81	2.42	2.47	4.29
Debt / EBITDA Ratio	5.12	5.12	5.65	5.31	3.61	4.44
Debt / FCF Ratio	10.79	10.79	-	16.38	96.67	30.02
Net Debt / Equity Ratio	1.91	1.91	3.94	1.64	1.91	3.11
Net Debt / EBITDA Ratio	3.80	3.80	4.83	3.82	2.87	3.21
Net Debt / FCF Ratio	7.73	7.73	-14.31	11.11	74.70	21.71
Asset Turnover	0.34	0.34	0.34	0.35	0.45	0.43
Inventory Turnover	4.36	4.36	4.54	4.86	5.59	6.07
Quick Ratio	1.60	1.60	1.45	2.30	1.50	2.09
Current Ratio	2.06	2.06	1.93	2.81	1.94	2.49
Return on Equity (ROE)	14.57%	14.57%	18.30%	22.51%	50.27%	59.37%
Return on Assets (ROA)	2.59%	2.59%	3.73%	3.56%	6.62%	6.73%
Return on Invested Capital (ROIC)	4.27%	4.26%	7.83%	6.27%	10.76%	11.87%
Return on Capital Employed (ROCE)	4.60%	4.60%	6.60%	5.90%	11.50%	11.40%
Earnings Yield	5.66%	6.03%	6.49%	10.99%	20.30%	10.71%
FCF Yield	14.37%	15.33%	-8.43%	8.28%	1.35%	3.60%
Dividend Yield	8.18%	8.81%	-	-	-	-
Payout Ratio	79.98%	79.98%	97.16%	54.87%	39.15%	19.24%
Buyback Yield / Dilution	0.08%	0.08%	-0.18%	-0.26%	-0.18%	-0.13%
Total Shareholder Return	8.18%	8.88%	-0.18%	-0.26%	-0.18%	-0.13%

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