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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 7, 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 Capitalization	1,375	1,656	1,712	1,625	1,781	2,124
Market Cap Growth	-27.74%	-3.28%	5.38%	-8.77%	-16.18%	49.97%
PE Ratio	14.19	17.23	18.38	17.93	20.77	25.07
PS Ratio	1.99	2.40	2.53	2.28	2.50	2.96
PB Ratio	1.58	1.90	1.98	1.88	2.08	2.28
P/FCF Ratio	5.92	7.13	-	41.78	8.47	5.93
P/OCF Ratio	5.82	7.01	-	36.57	8.14	5.82
Debt / Equity Ratio	1.81	1.81	1.54	1.74	2.04	2.05
Debt / FCF Ratio	6.80	6.80	-	38.53	8.29	5.34
Net Debt / Equity Ratio	1.81	1.81	1.54	1.74	2.04	2.05
Net Debt / FCF Ratio	6.80	6.80	-5.57	38.53	8.29	5.34
Quick Ratio	1.22	1.22	2.35	2.55	1.94	2.25
Current Ratio	1.22	1.22	2.35	2.55	1.94	2.25
Asset Turnover	0.18	0.18	0.18	0.18	0.17	0.16
Return on Equity (ROE)	11.06%	11.06%	10.77%	10.54%	9.58%	8.72%
Return on Assets (ROA)	2.55%	2.55%	2.44%	2.23%	2.03%	1.93%
Return on Invested Capital (ROIC)	4.10%	4.32%	4.33%	3.84%	3.32%	2.97%
Earnings Yield	6.99%	5.80%	5.44%	5.58%	4.81%	3.99%
FCF Yield	16.90%	14.03%	-13.98%	2.39%	11.81%	16.86%
Dividend Yield	6.82%	6.02%	3.00%	3.21%	2.90%	5.16%
Payout Ratio	95.89%	95.88%	95.59%	93.13%	189.45%	191.55%
Buyback Yield / Dilution	0.14%	0.14%	0.59%	1.66%	-1.21%	4.13%
Total Shareholder Return	6.88%	6.16%	3.59%	4.87%	1.70%	9.29%