Serena Energia 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	Nov '25 Nov 12, 2025	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	7,858	3,425	6,358	5,978	7,022	7,907
Market Cap Growth	52.41%	-46.13%	6.35%	-14.87%	-11.19%	31.32%
Enterprise Value	17,791	13,960	15,057	12,725	12,487	10,815
PE Ratio	130.89	11.51	101.18	-	11.74	160.21
PS Ratio	1.26	0.83	2.09	2.45	29.47	7.17
PB Ratio	1.44	0.60	1.21	1.16	1.63	2.06
P/FCF Ratio	-	157.33	-	-	-	51.22
P/OCF Ratio	20.86	8.59	11.11	72.64	151.57	38.12
EV/Sales Ratio	2.85	3.38	4.96	5.22	52.40	9.81
EV/EBITDA Ratio	8.41	7.27	11.31	13.31	14.99	17.30
EV/EBIT Ratio	13.64	11.83	17.32	23.28	15.65	29.28
EV/FCF Ratio	-425.15	641.31	-	-	-	70.06
Debt / Equity Ratio	2.15	2.12	1.90	1.64	1.43	1.57
Debt / EBITDA Ratio	5.58	6.31	7.47	8.88	7.40	9.52
Debt / FCF Ratio	-	556.03	-	-	-	39.01
Quick Ratio	0.78	0.86	0.38	0.76	1.11	2.16
Current Ratio	0.78	0.99	0.47	0.95	1.49	2.16
Asset Turnover	0.31	0.22	0.19	0.17	0.02	0.12
Return on Equity (ROE)	0.99%	5.44%	1.19%	-0.17%	14.68%	1.63%
Return on Assets (ROA)	4.04%	3.96%	3.35%	2.44%	4.29%	2.59%
Return on Invested Capital (ROIC)	4.71%	4.47%	3.77%	2.83%	4.90%	2.76%
Return on Capital Employed (ROCE)	8.00%	6.80%	6.80%	4.30%	7.20%	3.70%
Earnings Yield	0.66%	8.69%	0.99%	-0.13%	8.52%	0.62%
FCF Yield	-0.53%	0.64%	-30.77%	-43.21%	-0.63%	1.95%
Buyback Yield / Dilution	13.97%	-8.69%	-248.67%	75.48%	-36.36%	-25.86%
Total Shareholder Return	13.97%	-8.69%	-248.67%	75.48%	-36.36%	-25.86%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.