Discovery Ratios and Metrics

Market cap in millions ZAR. Fiscal year is July - June.

Millions ZAR. Fiscal year is Jul - Jun.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 27, 2026	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Market Capitalization	185,550	143,164	89,178	96,028	84,149	82,934
Market Cap Growth	34.76%	60.54%	-7.13%	14.12%	1.47%	20.81%
Enterprise Value	185,322	145,735	95,945	99,296	84,980	83,500
PE Ratio	17.46	15.37	12.18	15.04	15.52	26.27
PS Ratio	2.04	1.63	1.12	1.36	1.24	1.06
PB Ratio	2.53	2.18	1.64	1.93	1.57	1.79
P/FCF Ratio	27.42	17.10	38.46	26.17	25.33	8.19
P/OCF Ratio	26.19	16.52	32.63	22.75	23.39	7.97
EV/Sales Ratio	2.04	1.66	1.21	1.40	1.25	1.07
EV/EBITDA Ratio	9.30	8.87	7.41	8.42	9.09	12.06
EV/EBIT Ratio	9.71	9.10	7.65	8.69	9.83	13.45
EV/FCF Ratio	27.39	17.41	41.37	27.06	25.58	8.24
Debt / Equity Ratio	0.27	0.31	0.40	0.41	0.39	0.43
Debt / EBITDA Ratio	1.07	1.20	1.63	1.70	2.22	2.90
Debt / FCF Ratio	2.92	2.41	9.35	5.61	6.24	1.98
Net Debt / Equity Ratio	-0.01	-0.03	0.05	0.03	0.02	0.00
Net Debt / EBITDA Ratio	-0.06	-0.11	0.21	0.12	0.10	0.01
Net Debt / FCF Ratio	-0.15	-0.21	1.17	0.39	0.29	0.01
Quick Ratio	5.24	4.04	4.51	4.22	2.26	2.82
Current Ratio	5.26	4.06	4.53	4.23	2.38	2.95
Asset Turnover	0.27	0.29	0.30	0.27	0.26	0.34
Return on Equity (ROE)	15.68%	15.91%	14.49%	12.73%	10.96%	7.08%
Return on Assets (ROA)	3.27%	3.30%	2.91%	2.69%	2.08%	1.70%
Return on Invested Capital (ROIC)	13.14%	13.85%	12.61%	11.47%	9.69%	7.25%
Earnings Yield	5.71%	6.67%	8.45%	6.84%	6.51%	3.88%
FCF Yield	3.65%	5.85%	2.60%	3.82%	3.95%	12.21%
Dividend Yield	1.06%	1.36%	1.65%	0.79%	-	-
Payout Ratio	18.87%	17.87%	16.83%	1.05%	1.02%	1.96%
Buyback Yield / Dilution	-0.72%	-0.56%	-0.56%	0.27%	0.15%	-0.43%
Total Shareholder Return	0.34%	0.80%	1.10%	1.05%	0.15%	-0.43%

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