Wetzel 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 15, 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	38	23	26	18	34	39
Market Cap Growth	126.00%	-11.76%	43.35%	-47.36%	-11.82%	-20.40%
Enterprise Value	146	128	136	93	102	92
Last Close Price	20.00	8.63	12.60	6.50	9.99	17.08
PE Ratio	-	-	0.79	-	1.15	0.30
PS Ratio	0.19	0.12	0.09	0.07	0.12	0.16
PB Ratio	5.81	3.45	0.99	-3.11	-3.50	-0.78
P/TBV Ratio	5.99	3.56	0.99	-	-	-
P/OCF Ratio	-	-	0.49	-	5.69	7.80
EV/Sales Ratio	0.74	0.65	0.49	0.35	0.35	0.38
EV/EBITDA Ratio	47.17	40.39	2.22	-	8.41	4.08
EV/EBIT Ratio	-	-	2.41	-	12.83	4.99
Debt / Equity Ratio	16.93	16.93	3.22	-13.84	-6.00	-1.13
Debt / EBITDA Ratio	35.40	35.40	1.37	-	4.84	2.50
Net Debt / Equity Ratio	16.33	16.33	2.53	-13.79	-5.87	-1.12
Net Debt / EBITDA Ratio	34.14	34.14	1.08	-8.35	4.74	2.47
Net Debt / FCF Ratio	-2.37	-2.37	-3.29	-4.10	-15.22	-9.25
Asset Turnover	0.58	0.58	0.86	0.95	1.19	1.20
Inventory Turnover	4.96	4.96	7.79	7.12	7.94	8.25
Quick Ratio	0.49	0.49	0.59	0.72	0.74	0.58
Current Ratio	0.77	0.77	0.88	1.01	1.05	0.91
Return on Equity (ROE)	-123.20%	-123.20%	322.41%	-	-	-
Return on Assets (ROA)	-0.75%	-0.75%	10.84%	-3.07%	2.02%	5.64%
Return on Invested Capital (ROIC)	-3.60%	-3.96%	58.51%	-22.89%	29.72%	-
Return on Capital Employed (ROCE)	-2.40%	-2.40%	29.00%	-7.60%	4.90%	13.90%
Earnings Yield	-74.34%	-125.15%	127.18%	-140.27%	87.30%	334.06%
FCF Yield	-118.56%	-199.59%	-77.81%	-107.97%	-11.01%	-15.43%
Buyback Yield / Dilution	29.40%	29.39%	-	-	-	-

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