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	Apr '26 Apr 6, 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	120,782	34,277	17,585	25,278	15,686	11,480
Market Cap Growth	152.61%	94.92%	-30.44%	61.15%	36.64%	35.18%
Enterprise Value	136,083	42,552	24,283	30,035	21,721	16,712
Last Close Price	10180.00	2867.16	1699.30	2404.97	1478.86	1082.30
PE Ratio	162.95	55.30	34.19	15.66	18.21	51.07
Forward PE	146.12	41.05	21.03	41.94	40.41	99.06
PS Ratio	13.61	3.87	2.34	2.62	2.11	2.43
PB Ratio	12.03	3.00	2.14	3.08	2.51	2.55
P/TBV Ratio	27.08	4.42	3.52	4.21	3.45	6.79
P/FCF Ratio	-	-	-	81.33	23.30	-
P/OCF Ratio	65.09	10.98	7.23	10.17	5.15	6.50
EV/Sales Ratio	15.34	4.80	3.24	3.11	2.93	3.54
EV/EBITDA Ratio	51.14	17.11	11.14	9.95	9.37	12.60
EV/EBIT Ratio	101.64	33.98	23.26	15.07	16.49	32.01
EV/FCF Ratio	-24.30	-	-	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	0.61%	1.81%	2.93%	6.39%	5.49%	1.96%
FCF Yield	-4.64%	-12.06%	-1.84%	1.23%	4.29%	-4.82%
Dividend Yield	0.37%	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	-8.20%	-17.36%	1.76%	1.25%	-	-

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