Kumba Iron Ore Ratios and Metrics

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

Millions ZAR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 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 Capitalization	112,256	112,596	104,716	197,351	157,994	147,563
Market Cap Growth	-5.63%	7.52%	-46.94%	24.91%	7.07%	-26.15%
Enterprise Value	114,411	113,131	106,077	198,042	154,876	124,674
Last Close Price	350.00	351.06	290.78	495.84	362.90	301.55
PE Ratio	7.70	7.71	7.12	8.68	10.56	4.44
Forward PE	9.72	9.74	6.98	9.83	8.57	6.90
PS Ratio	1.58	1.59	1.53	2.29	2.13	1.45
PB Ratio	1.56	1.56	1.51	2.89	2.94	2.52
P/TBV Ratio	2.04	2.05	1.98	3.79	3.85	3.31
P/FCF Ratio	6.58	6.60	4.59	9.38	8.22	3.32
P/OCF Ratio	4.14	4.16	3.58	6.73	5.69	3.02
EV/Sales Ratio	1.61	1.59	1.55	2.30	2.09	1.22
EV/EBITDA Ratio	3.58	3.54	3.86	4.41	4.19	1.93
EV/EBIT Ratio	4.44	4.39	4.68	4.94	4.82	2.09
EV/FCF Ratio	6.70	6.63	4.65	9.42	8.06	2.81
Debt / Equity Ratio	0.00	0.00	0.03	0.07	0.13	0.01
Debt / EBITDA Ratio	0.01	0.01	0.08	0.10	0.19	0.01
Debt / FCF Ratio	0.01	0.01	0.10	0.21	0.37	0.01
Net Debt / Equity Ratio	-0.21	-0.21	-0.21	-0.19	-0.17	-0.30
Net Debt / EBITDA Ratio	-0.47	-0.47	-0.53	-0.29	-0.25	-0.27
Net Debt / FCF Ratio	-0.87	-0.87	-0.64	-0.63	-0.48	-0.39
Asset Turnover	0.70	0.70	0.69	0.95	0.90	1.24
Inventory Turnover	4.69	4.69	1.23	1.41	1.40	2.18
Quick Ratio	1.71	1.71	1.88	1.87	1.41	2.57
Current Ratio	2.46	2.46	2.72	2.68	2.00	3.28
Return on Equity (ROE)	27.11%	27.11%	28.03%	48.84%	35.01%	72.37%
Return on Assets (ROA)	15.92%	15.92%	14.36%	27.64%	24.39%	45.28%
Return on Invested Capital (ROIC)	32.98%	33.73%	29.95%	58.97%	55.17%	107.04%
Return on Capital Employed (ROCE)	28.40%	28.40%	26.20%	47.80%	47.80%	82.90%
Earnings Yield	13.02%	12.98%	14.04%	11.52%	9.47%	22.54%
FCF Yield	15.21%	15.16%	21.80%	10.66%	12.16%	30.10%
Dividend Yield	10.56%	-	13.30%	9.44%	12.40%	34.22%
Payout Ratio	80.46%	80.46%	94.16%	55.13%	127.38%	110.38%
Buyback Yield / Dilution	0.01%	0.02%	0.01%	-0.02%	0.06%	-0.02%
Total Shareholder Return	10.57%	0.02%	13.31%	9.42%	12.46%	34.20%

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