IST:ARASE Ratios and Metrics

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 7, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	15,762	14,000	15,525	15,383	5,862
Market Cap Growth	14.53%	-9.82%	0.92%	162.40%	-
Enterprise Value	17,589	16,320	16,986	15,312	5,791
PE Ratio	11.62	88.27	2.06	61.32	13.09
PS Ratio	0.58	0.35	0.46	0.53	0.96
PB Ratio	0.85	1.00	1.10	3.31	4.19
P/FCF Ratio	1.81	2.85	52.04	-	175.66
P/OCF Ratio	1.81	2.84	48.50	-	160.35
EV/Sales Ratio	0.64	0.41	0.50	0.52	0.95
EV/EBITDA Ratio	2.82	2.74	2.69	6.31	10.63
EV/EBIT Ratio	2.92	2.81	2.76	6.59	10.87
EV/FCF Ratio	2.02	3.32	56.94	-	173.52
Debt / Equity Ratio	0.18	0.22	0.34	0.50	0.16
Debt / EBITDA Ratio	0.52	0.51	0.76	0.95	0.40
Debt / FCF Ratio	0.37	0.63	16.01	-	6.68
Quick Ratio	1.47	1.45	1.82	1.16	0.96
Current Ratio	1.58	1.56	1.92	1.28	1.30
Asset Turnover	1.07	1.71	1.94	4.14	-
Return on Equity (ROE)	8.53%	1.13%	80.65%	8.29%	-
Return on Assets (ROA)	14.82%	15.54%	22.00%	20.60%	-
Return on Capital (ROIC)	19.64%	20.21%	29.78%	33.71%	-
Return on Capital Employed (ROCE)	26.50%	32.40%	31.80%	32.80%	31.10%
Earnings Yield	8.61%	1.13%	48.63%	1.63%	7.64%
FCF Yield	55.17%	35.13%	1.92%	-8.24%	0.57%
Dividend Yield	1.45%	-	1.55%	0.16%	-
Payout Ratio	61.11%	157.60%	2.67%	-	-
Total Shareholder Return	1.45%	-	1.55%	0.16%	-

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