Med Paper Ratios and Metrics

Market cap in millions MAD. Fiscal year is January - December.

Millions MAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 16, 2026	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	119	98	98	130	56	35
Market Cap Growth	9.30%	0.19%	-24.81%	132.18%	59.38%	-31.80%
Enterprise Value	311	306	293	314	248	242
Last Close Price	24.80	20.53	20.49	27.25	21.74	13.64
PE Ratio	14.67	12.30	17.04	17.55	5.92	-
PS Ratio	1.12	0.93	0.91	0.97	0.71	0.60
PB Ratio	3.45	2.85	3.71	6.30	-1.50	-0.75
P/FCF Ratio	9.78	8.10	11.88	26.39	3.98	-
P/OCF Ratio	8.77	7.26	8.48	10.25	3.98	-
EV/Sales Ratio	2.94	2.90	2.72	2.33	3.14	4.13
EV/EBITDA Ratio	42.34	41.76	18.00	16.79	149.04	-
EV/EBIT Ratio	50.07	49.40	26.95	22.76	-	-
EV/FCF Ratio	25.63	25.26	35.52	63.53	17.58	-
Debt / Equity Ratio	5.65	5.65	7.88	9.27	-4.66	-4.23
Debt / EBITDA Ratio	26.50	26.50	12.79	10.26	104.69	-
Debt / FCF Ratio	16.03	16.03	25.25	38.84	12.35	-
Net Debt / Equity Ratio	5.62	5.62	7.87	9.25	-4.64	-4.23
Net Debt / EBITDA Ratio	26.40	26.40	12.78	10.24	104.22	-
Net Debt / FCF Ratio	15.96	15.96	25.22	38.75	12.29	-
Asset Turnover	0.30	0.30	0.32	0.44	0.26	0.20
Inventory Turnover	1.06	1.06	1.07	1.95	1.26	0.93
Quick Ratio	0.70	0.70	0.60	0.59	0.40	0.37
Current Ratio	0.96	0.96	0.88	0.86	0.59	0.51
Return on Equity (ROE)	26.23%	26.23%	24.40%	-	-	-
Return on Assets (ROA)	1.11%	1.11%	2.04%	2.83%	-0.53%	-0.85%
Return on Invested Capital (ROIC)	2.59%	2.59%	4.65%	7.38%	-1.68%	-2.57%
Return on Capital Employed (ROCE)	3.90%	3.90%	7.30%	9.20%	-2.80%	-8.20%
Earnings Yield	6.73%	8.13%	5.87%	5.70%	16.89%	-24.31%
FCF Yield	10.22%	12.35%	8.42%	3.79%	25.14%	-
Buyback Yield / Dilution	1.23%	1.41%	-0.18%	-85.24%	-	-

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