NI Holdings Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 23, 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	235	313	242	262	353	286
Market Cap Growth	-20.35%	29.50%	-7.80%	-25.71%	23.44%	-15.54%
Enterprise Value	216	277	214	213	315	231
PE Ratio	106.53	-	-	-	47.71	8.66
PS Ratio	0.93	1.00	0.88	1.05	1.24	1.14
PB Ratio	1.13	1.33	1.07	1.11	1.16	1.00
P/FCF Ratio	-	18.97	11.73	-	14.12	6.94
P/OCF Ratio	-	17.93	11.40	-	13.77	6.86
EV/Sales Ratio	0.85	0.88	0.78	0.85	1.11	0.92
EV/EBITDA Ratio	31.45	21.33	11.11	-	28.71	5.23
EV/EBIT Ratio	36.11	22.47	11.50	-	31.67	5.34
EV/FCF Ratio	-35.05	16.80	10.37	-	12.60	5.60
Debt / Equity Ratio	0.01	0.01	-	-	-	-
Debt / EBITDA Ratio	0.19	0.13	-	-	-	-
Debt / FCF Ratio	-	0.11	-	-	-	-
Net Debt / Equity Ratio	-0.09	-0.20	-0.16	-0.19	-0.20	-0.29
Net Debt / EBITDA Ratio	-3.00	-3.65	-1.93	0.90	-5.66	-1.87
Net Debt / FCF Ratio	3.21	-2.87	-1.80	2.07	-2.48	-2.01
Quick Ratio	0.44	0.44	0.28	0.38	0.44	0.65
Current Ratio	0.52	0.50	0.70	0.50	0.52	0.70
Asset Turnover	0.54	0.55	0.48	0.42	0.51	0.54
Return on Equity (ROE)	1.07%	2.67%	7.88%	-12.88%	2.39%	12.55%
Return on Assets (ROA)	0.80%	1.35%	2.02%	-5.22%	1.11%	5.86%
Return on Invested Capital (ROIC)	1.69%	3.33%	7.88%	-17.61%	2.39%	12.55%
Earnings Yield	0.94%	-1.87%	-2.05%	-18.94%	2.10%	11.54%
FCF Yield	-2.61%	5.27%	8.53%	-8.09%	7.08%	14.40%
Buyback Yield / Dilution	-0.91%	0.69%	0.46%	1.49%	1.30%	1.45%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.