Salafin 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	1,574	1,712	1,625	1,781	2,124	1,417
Market Cap Growth	-9.21%	5.38%	-8.77%	-16.18%	49.97%	-39.72%
PE Ratio	15.70	18.38	17.93	20.77	25.07	-
PS Ratio	2.32	2.53	2.28	2.50	2.96	2.47
PB Ratio	1.92	1.98	1.88	2.08	2.28	1.40
P/FCF Ratio	9.96	-	41.78	8.47	5.93	7.75
P/OCF Ratio	9.74	-	36.57	8.14	5.82	7.48
Debt / Equity Ratio	1.95	1.54	1.74	2.04	2.05	1.85
Debt / FCF Ratio	10.14	-	38.53	8.29	5.34	10.21
Net Debt / Equity Ratio	1.95	1.54	1.74	2.04	2.05	1.85
Net Debt / FCF Ratio	10.14	-5.57	38.53	8.29	5.34	10.21
Quick Ratio	1.31	1.00	1.99	1.94	2.25	1.92
Current Ratio	1.31	1.00	1.99	1.94	2.25	1.92
Asset Turnover	0.18	0.18	0.18	0.17	0.16	0.12
Return on Equity (ROE)	11.99%	10.77%	10.54%	9.58%	8.72%	-1.58%
Return on Assets (ROA)	2.64%	2.44%	2.23%	2.03%	1.93%	-0.35%
Return on Invested Capital (ROIC)	4.29%	4.33%	3.84%	3.32%	2.97%	-0.28%
Earnings Yield	6.24%	5.44%	5.58%	4.81%	3.99%	-1.16%
FCF Yield	10.04%	-13.98%	2.39%	11.81%	16.86%	12.91%
Dividend Yield	5.50%	2.82%	3.02%	2.73%	4.85%	-
Payout Ratio	93.89%	95.59%	93.13%	189.45%	191.55%	-
Buyback Yield / Dilution	5.17%	0.59%	1.66%	-1.21%	4.13%	-10.47%
Total Shareholder Return	11.00%	3.41%	4.67%	1.52%	8.98%	-10.47%

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