Merus Power Oyj Ratios and Metrics

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 29, 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 Cap	38	36	28	31	32	65
Market Cap Growth	-5.07%	26.14%	-7.83%	-2.30%	-51.30%	-
Enterprise Value	41.08	38.78	27.3	32.29	30.17	57.74
Last Close Price	4.65	4.37	3.71	4.04	4.14	8.49
Forward PE	232.50	97.11	45.58	45.58	47.26	292.40
PS Ratio	0.68	0.66	0.70	0.95	1.82	4.25
PB Ratio	3.67	3.45	2.99	2.55	2.45	4.99
P/TBV Ratio	6.53	6.13	5.84	3.61	2.74	4.67
P/FCF Ratio	-	-	11.51	-	-	-
P/OCF Ratio	-	-	5.72	735.37	-	-
EV/Sales Ratio	0.73	0.72	0.67	0.99	1.74	3.78
EV/EBITDA Ratio	129.19	121.95	-	-	284.60	173.38
EV/EBIT Ratio	129.19	121.95	-	-	284.60	173.38
EV/FCF Ratio	-	-	11.04	-	-	-
Debt / Equity Ratio	0.53	0.53	0.10	0.15	0.19	0.14
Debt / EBITDA Ratio	24.87	24.87	-	-	36.26	8.75
Debt / FCF Ratio	-	-	0.73	-	-	-
Net Debt / Equity Ratio	0.28	0.28	-0.12	0.12	-0.11	-0.55
Net Debt / EBITDA Ratio	9.03	9.03	0.57	-2.75	-13.62	-21.53
Net Debt / FCF Ratio	-0.48	-0.48	-0.47	-0.49	0.25	2.62
Asset Turnover	1.95	1.95	1.69	1.43	0.77	1.15
Inventory Turnover	4.54	4.54	3.73	2.67	1.50	5.00
Quick Ratio	1.21	1.21	0.79	0.80	1.36	3.20
Current Ratio	1.76	1.76	1.35	2.45	2.56	3.58
Return on Equity (ROE)	-11.19%	-11.19%	-24.54%	-6.38%	-0.83%	-13.27%
Return on Assets (ROA)	1.15%	1.15%	-8.58%	-2.23%	0.47%	2.51%
Return on Invested Capital (ROIC)	2.40%	2.94%	-18.80%	-4.08%	1.23%	7.13%
Return on Capital Employed (ROCE)	2.38%	2.38%	-16.66%	-3.44%	0.69%	4.07%
FCF Yield	-	-	8.69%	-	-	-
Buyback Yield / Dilution	-3.74%	-3.73%	-0.19%	0.00%	-17.11%	-23.08%
Total Shareholder Return	-3.74%	-3.73%	-0.19%	0.00%	-17.11%	-23.08%