Managem 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 17, 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	94,977	34,277	17,585	25,278	15,686	11,480
Market Cap Growth	102.15%	94.92%	-30.44%	61.15%	36.64%	35.18%
Enterprise Value	110,278	42,552	24,283	30,035	21,721	16,712
Last Close Price	8005.00	2867.16	1699.30	2404.97	1478.86	1082.30
PE Ratio	128.13	55.30	34.19	15.66	18.21	51.07
Forward PE	114.90	41.05	21.03	41.94	40.41	99.06
PS Ratio	10.70	3.87	2.34	2.62	2.11	2.43
PB Ratio	9.46	3.00	2.14	3.08	2.51	2.55
P/TBV Ratio	21.29	4.42	3.52	4.21	3.45	6.79
P/FCF Ratio	-	-	-	81.33	23.30	-
P/OCF Ratio	51.18	10.98	7.23	10.17	5.15	6.50
EV/Sales Ratio	12.43	4.80	3.24	3.11	2.93	3.54
EV/EBITDA Ratio	41.44	17.11	11.14	9.95	9.37	12.60
EV/EBIT Ratio	82.36	33.98	23.26	15.07	16.49	32.01
EV/FCF Ratio	-19.69	-	-	96.64	32.26	-
Debt / Equity Ratio	1.64	1.14	1.20	0.77	0.96	1.48
Debt / EBITDA Ratio	6.23	5.13	4.39	2.05	2.49	4.72
Debt / FCF Ratio	-	-	-	20.40	8.87	-
Net Debt / Equity Ratio	1.45	0.91	0.86	0.47	0.68	1.28
Net Debt / EBITDA Ratio	5.61	4.18	3.26	1.27	1.83	4.33
Net Debt / FCF Ratio	-2.60	-2.51	-21.93	12.37	6.30	-10.38
Asset Turnover	0.32	0.33	0.35	0.53	0.49	0.36
Inventory Turnover	1.69	2.22	2.12	2.99	3.29	2.22
Quick Ratio	0.56	0.65	0.84	1.18	1.14	0.66
Current Ratio	0.81	0.92	1.12	1.54	1.40	0.83
Return on Equity (ROE)	9.01%	8.02%	6.58%	24.23%	17.25%	5.32%
Return on Assets (ROA)	2.96%	2.93%	3.07%	6.88%	5.39%	2.50%
Return on Invested Capital (ROIC)	4.42%	5.39%	7.63%	15.64%	10.93%	4.56%
Return on Capital Employed (ROCE)	6.50%	6.30%	6.70%	14.00%	10.80%	6.30%
Earnings Yield	0.78%	1.81%	2.93%	6.39%	5.49%	1.96%
FCF Yield	-5.90%	-12.06%	-1.84%	1.23%	4.29%	-4.82%
Dividend Yield	0.50%	1.40%	1.76%	1.25%	-	-
Payout Ratio	63.99%	57.42%	58.28%	12.38%	-	-
Buyback Yield / Dilution	-8.57%	-18.75%	-	-	-	-
Total Shareholder Return	-8.07%	-17.36%	1.76%	1.25%	-	-

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