Moody's 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 25, 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	434,493	501,962	530,597	346,819	269,789	404,554
Market Cap Growth	-17.77%	-5.40%	52.99%	28.55%	-33.31%	42.89%
Enterprise Value	460,857	531,446	561,503	374,122	304,871	437,477
Last Close Price	615.00	724.68	738.81	466.36	364.83	548.09
PE Ratio	32.08	37.06	41.69	44.48	37.14	32.80
PS Ratio	10.22	11.81	12.10	12.08	9.33	11.68
PB Ratio	18.76	21.67	23.02	20.56	18.98	24.90
P/FCF Ratio	30.63	35.39	34.03	38.02	42.85	38.91
P/OCF Ratio	27.19	31.41	30.23	33.23	34.62	36.21
EV/Sales Ratio	11.64	12.50	12.81	13.03	10.55	12.63
EV/EBITDA Ratio	23.27	25.82	28.09	31.03	25.56	25.38
EV/EBIT Ratio	25.75	27.82	30.46	34.53	28.78	27.68
EV/FCF Ratio	32.49	37.47	36.01	41.01	48.42	42.08
Debt / Equity Ratio	1.77	1.77	2.12	2.19	3.01	2.74
Debt / EBITDA Ratio	1.94	1.94	2.37	2.93	3.42	2.49
Debt / FCF Ratio	2.89	2.89	3.14	4.04	6.80	4.29
Net Debt / Equity Ratio	1.19	1.19	1.33	1.56	2.32	2.09
Net Debt / EBITDA Ratio	1.33	1.33	1.53	2.17	2.77	1.97
Net Debt / FCF Ratio	1.94	1.94	1.96	2.88	5.24	3.27
Asset Turnover	0.49	0.49	0.47	0.41	0.38	0.46
Quick Ratio	1.53	1.53	1.35	1.57	1.51	1.45
Current Ratio	1.74	1.74	1.47	1.74	1.72	1.61
Return on Equity (ROE)	62.08%	62.08%	57.17%	52.16%	49.03%	94.64%
Return on Assets (ROA)	13.83%	13.83%	12.37%	9.63%	8.63%	13.09%
Return on Invested Capital (ROIC)	29.49%	30.55%	25.92%	20.84%	17.44%	30.36%
Return on Capital Employed (ROCE)	27.00%	27.00%	25.00%	18.40%	16.70%	23.30%
Earnings Yield	3.12%	2.70%	2.40%	2.25%	2.69%	3.05%
FCF Yield	3.26%	2.83%	2.94%	2.63%	2.33%	2.57%
Dividend Yield	0.57%	2.86%	2.85%	3.21%	4.06%	2.52%
Payout Ratio	28.51%	28.51%	30.13%	35.10%	37.48%	20.91%
Buyback Yield / Dilution	1.53%	1.53%	0.71%	0.38%	1.70%	0.74%
Total Shareholder Return	2.10%	4.39%	3.55%	3.58%	5.76%	3.26%

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