Grindrod Ratios and Metrics

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 24, 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	12,278	7,988	7,653	6,158	3,325	3,525
Market Cap Growth	38.95%	4.38%	24.28%	85.18%	-5.67%	3.00%
Enterprise Value	12,320	8,438	7,835	3,194	2,586	2,930
Last Close Price	18.40	11.37	10.41	8.60	3.85	3.93
PE Ratio	9.49	25.43	7.75	10.24	18.94	-
Forward PE	9.00	49.14	49.14	49.14	49.14	43.53
PS Ratio	2.52	1.61	1.58	1.05	0.97	0.94
PB Ratio	1.23	0.81	0.78	0.70	0.39	0.44
P/TBV Ratio	1.51	0.83	0.80	0.72	0.41	0.47
P/FCF Ratio	24.42	39.27	43.33	9.73	5.28	-
P/OCF Ratio	16.02	11.76	8.73	5.14	3.19	-
EV/Sales Ratio	2.53	1.70	1.62	0.54	0.76	0.78
EV/EBITDA Ratio	8.10	11.24	7.52	2.60	3.06	-
EV/EBIT Ratio	10.24	16.23	9.17	4.31	6.99	-
EV/FCF Ratio	24.50	41.48	44.36	5.05	4.11	-
Debt / Equity Ratio	0.32	0.30	0.27	0.28	0.45	0.57
Debt / EBITDA Ratio	4.16	3.43	2.10	2.05	4.60	-
Debt / FCF Ratio	6.38	14.40	14.85	3.97	6.17	-
Net Debt / Equity Ratio	0.00	0.04	0.01	-0.01	-0.21	0.06
Net Debt / EBITDA Ratio	0.03	0.55	0.10	-0.07	-2.13	-1.12
Net Debt / FCF Ratio	0.05	2.03	0.57	-0.14	-2.85	-0.24
Asset Turnover	0.31	0.34	0.34	0.30	0.14	0.15
Inventory Turnover	26.15	47.97	70.40	83.25	27.58	20.52
Quick Ratio	2.06	1.96	1.87	1.36	0.49	0.39
Current Ratio	2.14	2.34	1.97	1.67	0.68	0.73
Return on Equity (ROE)	13.60%	3.94%	11.34%	9.54%	1.63%	-4.98%
Return on Assets (ROA)	1.83%	2.22%	3.76%	2.38%	0.95%	-1.44%
Return on Invested Capital (ROIC)	3.60%	2.94%	7.11%	6.74%	3.03%	-8.58%
Return on Capital Employed (ROCE)	3.40%	4.20%	7.00%	7.00%	3.40%	-6.00%
Earnings Yield	10.55%	4.89%	13.88%	10.68%	6.66%	-10.32%
FCF Yield	4.10%	2.55%	2.31%	10.28%	18.94%	-52.66%
Dividend Yield	2.17%	3.52%	6.96%	4.58%	5.22%	-
Payout Ratio	21.95%	124.06%	42.02%	102.43%	21.04%	-
Buyback Yield / Dilution	-0.02%	-0.06%	-0.01%	0.49%	0.84%	0.56%
Total Shareholder Return	2.17%	3.46%	6.94%	5.07%	6.06%	0.56%

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