GDS 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 19, 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	7,667	4,461	1,572	3,677	7,750	14,307
Market Cap Growth	58.34%	183.76%	-57.24%	-52.56%	-45.83%	113.16%
Enterprise Value	11,805	11,008	6,720	8,370	10,870	16,551
Last Close Price	4.64	2.66	1.02	2.44	4.72	9.20
PE Ratio	11.58	10.07	-	-	-	-
PS Ratio	5.72	3.27	1.26	2.92	7.16	19.91
PB Ratio	2.39	1.42	0.61	1.12	2.16	4.28
P/TBV Ratio	3.20	2.10	1.00	1.82	3.62	5.31
P/OCF Ratio	19.34	17.39	5.97	9.65	46.61	356.07
EV/Sales Ratio	8.84	8.06	5.38	6.66	10.04	23.03
EV/EBITDA Ratio	20.42	18.95	12.63	16.04	24.84	57.85
EV/EBIT Ratio	109.47	72.47	65.66	84.98	137.89	196.42
Debt / Equity Ratio	1.75	1.88	2.19	1.85	1.46	0.92
Debt / EBITDA Ratio	8.76	9.09	9.40	10.28	10.60	9.67
Net Debt / Equity Ratio	1.25	1.55	1.82	1.49	1.07	0.31
Net Debt / EBITDA Ratio	6.90	8.33	8.79	9.38	8.80	3.66
Net Debt / FCF Ratio	-31.76	-27.80	-26.95	-6.75	-3.21	-1.06
Asset Turnover	0.14	0.14	0.13	0.13	0.12	0.13
Quick Ratio	2.41	1.23	1.21	1.05	0.89	2.34
Current Ratio	2.51	1.28	1.32	1.13	1.07	2.40
Return on Equity (ROE)	4.84%	-3.52%	-17.72%	-4.41%	-4.53%	-3.52%
Return on Assets (ROA)	1.10%	0.97%	0.67%	0.62%	0.55%	0.95%
Return on Capital Employed (ROCE)	2.00%	1.80%	1.20%	1.10%	1.00%	1.40%
Earnings Yield	8.63%	10.16%	-34.81%	-5.38%	-2.26%	-0.60%
FCF Yield	-1.65%	-3.90%	-11.04%	-19.72%	-15.50%	-6.91%
Payout Ratio	0.97%	1.58%	-	-	-	-
Buyback Yield / Dilution	-21.84%	-0.47%	-0.26%	-0.79%	-15.90%	-13.66%

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