Vulcabras 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	May '26 May 27, 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	4,815	6,268	4,227	4,937	3,067	2,246
Market Cap Growth	-13.96%	48.28%	-14.38%	60.98%	36.54%	14.39%
Enterprise Value	5,524	6,747	4,148	4,965	3,255	2,507
Last Close Price	15.33	20.05	11.26	12.19	7.17	5.11
PE Ratio	3.83	5.38	7.42	9.98	6.53	7.16
Forward PE	6.84	8.83	7.36	8.84	6.59	8.53
PS Ratio	1.32	1.76	1.39	1.75	1.21	1.20
PB Ratio	1.92	2.58	2.00	2.47	1.79	1.66
P/TBV Ratio	2.10	2.84	2.23	2.76	2.04	1.96
P/FCF Ratio	17.47	20.32	11.47	12.79	21.39	-
P/OCF Ratio	9.47	11.57	7.49	9.44	10.20	22.83
EV/Sales Ratio	1.52	1.90	1.36	1.76	1.28	1.34
EV/EBITDA Ratio	6.13	7.72	6.15	7.91	6.46	6.61
EV/EBIT Ratio	7.16	8.88	7.12	9.15	7.50	7.87
EV/FCF Ratio	20.04	21.87	11.25	12.86	22.70	-
Debt / Equity Ratio	0.42	0.42	0.17	0.23	0.27	0.29
Debt / EBITDA Ratio	1.18	1.14	0.53	0.71	0.89	1.02
Debt / FCF Ratio	3.84	3.29	1.00	1.17	3.18	-
Net Debt / Equity Ratio	0.28	0.33	0.03	0.05	0.15	0.21
Net Debt / EBITDA Ratio	0.80	0.93	0.09	0.15	0.51	0.75
Net Debt / FCF Ratio	2.57	2.63	0.16	0.24	1.81	-8.89
Asset Turnover	1.05	1.04	1.06	1.06	1.12	1.02
Inventory Turnover	2.41	2.83	2.87	2.85	3.01	3.22
Quick Ratio	1.74	2.07	2.17	2.64	1.78	1.61
Current Ratio	2.95	3.27	3.18	3.83	2.80	2.63
Return on Equity (ROE)	48.36%	51.36%	27.76%	26.70%	30.63%	25.29%
Return on Assets (ROA)	13.79%	13.83%	12.63%	12.80%	12.02%	10.84%
Return on Invested Capital (ROIC)	23.80%	28.12%	25.87%	24.60%	23.30%	20.57%
Return on Capital Employed (ROCE)	24.20%	24.10%	25.10%	24.00%	22.30%	21.20%
Earnings Yield	23.66%	18.59%	13.48%	10.02%	15.32%	13.97%
FCF Yield	5.72%	4.92%	8.72%	7.82%	4.68%	-1.42%
Dividend Yield	33.13%	25.33%	24.65%	13.12%	5.16%	6.85%
Payout Ratio	120.56%	83.98%	137.40%	46.29%	19.35%	27.41%
Buyback Yield / Dilution	-4.29%	-1.23%	-9.62%	-0.09%	0.95%	-0.38%
Total Shareholder Return	28.37%	24.10%	15.03%	13.03%	6.11%	6.47%

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