TAQA Morocco 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	Feb '26 Feb 25, 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	44,818	31,609	25,947	25,900	24,768	21,584
Market Cap Growth	33.80%	21.82%	0.18%	4.57%	14.75%	-1.51%
Enterprise Value	51,989	40,293	33,696	35,336	33,934	32,237
PE Ratio	46.51	30.02	25.01	19.88	24.65	24.52
PS Ratio	4.23	2.91	1.97	1.90	3.17	2.77
PB Ratio	6.34	4.29	3.64	3.43	3.59	3.25
P/FCF Ratio	23.21	28.43	11.29	12.83	14.22	57.70
P/OCF Ratio	19.38	22.51	9.88	11.45	12.67	9.54
EV/Sales Ratio	4.90	3.70	2.56	2.60	4.34	4.14
EV/EBITDA Ratio	15.83	11.65	9.49	9.52	10.48	10.26
EV/EBIT Ratio	21.05	15.31	12.45	12.13	13.96	13.67
EV/FCF Ratio	26.92	36.24	14.66	17.50	19.49	86.18
Debt / Equity Ratio	1.42	1.40	1.55	1.20	1.40	1.63
Debt / EBITDA Ratio	3.06	2.99	3.10	2.45	2.97	3.43
Debt / FCF Ratio	5.20	9.30	4.80	4.50	5.53	28.82
Net Debt / Equity Ratio	0.89	0.92	0.95	0.89	1.17	1.35
Net Debt / EBITDA Ratio	1.93	1.96	1.91	1.80	2.50	2.84
Net Debt / FCF Ratio	3.28	6.09	2.95	3.31	4.64	23.87
Quick Ratio	1.85	2.19	1.81	1.09	1.46	1.79
Current Ratio	2.39	2.77	2.34	1.55	2.11	2.50
Asset Turnover	0.51	0.50	0.59	0.65	0.40	0.40
Return on Equity (ROE)	18.03%	19.00%	18.38%	23.19%	18.91%	17.31%
Return on Assets (ROA)	7.40%	7.62%	7.56%	8.68%	7.79%	7.58%
Return on Capital Employed (ROCE)	14.40%	14.80%	14.90%	17.40%	14.50%	13.50%
Earnings Yield	2.15%	3.33%	4.00%	5.03%	4.06%	4.08%
FCF Yield	4.31%	3.52%	8.86%	7.80%	7.03%	1.73%
Dividend Yield	1.93%	2.80%	3.31%	3.43%	3.70%	4.39%
Payout Ratio	32.46%	104.25%	170.87%	79.03%	100.60%	115.80%
Buyback Yield / Dilution	-0.01%	-0.02%	0.00%	0.00%	0.01%	-0.01%
Total Shareholder Return	1.92%	2.78%	3.32%	3.43%	3.71%	4.39%

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