BVMF:W2ST34 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	90,223	105,259	125,835	137,515	92,663	184,909
Market Cap Growth	-6.95%	-16.35%	-8.49%	48.40%	-49.89%	65.99%
Enterprise Value	87,765	102,640	124,771	134,526	89,515	182,536
PE Ratio	33.18	40.52	48.96	44.69	30.45	54.10
Forward PE	29.36	36.81	45.90	42.23	34.84	53.55
PEG Ratio	-	3.07	5.25	5.39	2.31	2.37
PS Ratio	5.33	6.44	8.19	8.77	6.04	12.29
PB Ratio	5.16	6.24	8.83	8.98	6.50	14.90
P/TBV Ratio	0.82	6.30	9.00	9.20	6.64	15.32
P/FCF Ratio	34.93	42.25	85.68	62.44	39.69	105.26
P/OCF Ratio	21.70	26.25	36.25	33.33	24.09	59.59
EV/Sales Ratio	5.40	6.28	8.12	8.58	5.84	12.13
EV/EBITDA Ratio	19.21	25.54	32.38	31.13	19.71	39.28
EV/EBIT Ratio	25.43	33.03	41.20	37.45	22.95	45.67
EV/FCF Ratio	33.98	41.20	84.96	61.08	38.34	103.91
Debt / Equity Ratio	0.09	0.09	0.11	0.10	0.11	0.14
Debt / EBITDA Ratio	0.43	0.43	0.42	0.38	0.37	0.37
Debt / FCF Ratio	0.69	0.69	1.09	0.75	0.72	0.98
Net Debt / Equity Ratio	-0.15	-0.15	-0.07	-0.19	-0.21	-0.19
Net Debt / EBITDA Ratio	-0.62	-0.62	-0.25	-0.67	-0.67	-0.50
Net Debt / FCF Ratio	-1.00	-1.00	-0.66	-1.31	-1.31	-1.32
Asset Turnover	0.78	0.78	0.77	0.79	0.83	0.93
Inventory Turnover	4.80	4.80	4.67	4.29	4.41	4.73
Quick Ratio	2.09	2.09	1.88	2.03	2.70	2.11
Current Ratio	3.02	3.02	2.79	2.88	3.70	2.93
Return on Equity (ROE)	16.85%	16.85%	17.71%	21.32%	23.34%	31.59%
Return on Assets (ROA)	11.81%	11.79%	12.45%	14.98%	17.61%	21.11%
Return on Invested Capital (ROIC)	15.75%	15.72%	17.00%	22.05%	26.34%	31.74%
Return on Capital Employed (ROCE)	17.44%	17.44%	18.23%	21.61%	25.23%	30.03%
Earnings Yield	3.01%	2.47%	2.04%	2.24%	3.28%	1.85%
FCF Yield	2.86%	2.37%	1.17%	1.60%	2.52%	0.95%
Dividend Yield	0.25%	0.31%	0.25%	0.22%	0.31%	0.15%
Payout Ratio	12.40%	12.04%	11.65%	9.33%	8.92%	7.49%
Buyback Yield / Dilution	0.60%	0.60%	2.25%	1.55%	1.11%	0.33%
Total Shareholder Return	0.85%	0.91%	2.50%	1.76%	1.42%	0.48%

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