S&P Global 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	Mar '26 Mar 18, 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 Cap	670,198	829,687	814,510	735,201	572,876	604,320
Market Cap Growth	-28.23%	1.86%	10.79%	28.34%	-5.20%	43.80%
Enterprise Value	759,674	918,984	892,065	812,697	645,085	612,875
PE Ratio	27.21	35.65	40.33	53.53	32.84	37.72
Forward PE	21.87	27.05	30.80	31.78	28.21	33.66
PEG Ratio	-	2.36	2.15	2.62	2.00	2.35
PS Ratio	7.93	10.18	10.79	11.07	9.64	13.71
PB Ratio	3.37	5.02	4.62	4.05	2.96	55.97
P/TBV Ratio	0.61	5.12	4.68	4.11	2.93	56.16
P/FCF Ratio	22.30	28.62	27.55	38.79	42.89	31.92
P/OCF Ratio	21.53	27.63	26.95	37.30	41.42	31.61
EV/Sales Ratio	9.37	11.28	11.82	12.24	10.86	13.90
EV/EBITDA Ratio	18.50	22.67	25.02	29.83	20.47	26.22
EV/EBIT Ratio	22.14	26.81	30.32	38.39	24.69	27.33
EV/FCF Ratio	25.28	31.70	30.17	42.88	48.29	32.37
Debt / Equity Ratio	0.38	0.38	0.32	0.31	0.29	0.83
Debt / EBITDA Ratio	1.78	1.78	1.78	2.34	1.95	1.05
Debt / FCF Ratio	2.49	2.49	2.14	3.36	4.59	1.29
Net Debt / Equity Ratio	0.38	0.38	0.31	0.31	0.28	-0.93
Net Debt / EBITDA Ratio	1.54	1.54	1.53	2.08	1.73	-0.43
Net Debt / FCF Ratio	2.16	2.16	1.84	3.00	4.07	-0.53
Asset Turnover	0.25	0.25	0.24	0.20	0.29	0.60
Quick Ratio	0.69	0.69	0.71	0.68	0.63	2.14
Current Ratio	0.82	0.82	0.85	0.84	0.94	2.31
Return on Equity (ROE)	22.85%	13.09%	11.02%	7.43%	15.56%	73.42%
Return on Assets (ROA)	8.22%	8.22%	7.20%	5.13%	9.59%	24.00%
Return on Invested Capital (ROIC)	8.70%	8.70%	7.58%	5.36%	10.99%	43.06%
Return on Capital Employed (ROCE)	12.01%	12.01%	10.23%	7.23%	14.68%	41.87%
Earnings Yield	3.67%	2.81%	2.48%	1.87%	3.05%	2.65%
FCF Yield	4.48%	3.49%	3.63%	2.58%	2.33%	3.13%
Dividend Yield	0.63%	0.73%	0.73%	0.82%	0.96%	0.65%
Payout Ratio	26.17%	26.17%	29.44%	43.68%	31.53%	24.57%
Buyback Yield / Dilution	3.20%	3.20%	2.15%	2.39%	11.13%	-0.01%
Total Shareholder Return	3.83%	3.94%	2.88%	3.20%	12.10%	0.64%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.