Master Drilling Group 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	Apr '26 Apr 14, 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	2,485	2,409	2,046	2,060	2,192	1,736
Market Cap Growth	17.84%	17.73%	-0.69%	-6.01%	26.22%	53.07%
Enterprise Value	3,364	3,209	2,891	2,948	2,573	2,156
Last Close Price	16.51	16.00	13.03	12.45	12.80	9.91
PE Ratio	4.94	4.77	6.31	5.47	6.02	5.43
Forward PE	-	7.53	7.53	7.53	7.53	7.53
PS Ratio	0.51	0.50	0.40	0.46	0.57	0.63
PB Ratio	0.62	0.60	0.53	0.54	0.66	0.58
P/TBV Ratio	0.76	0.73	0.66	0.69	0.86	0.64
P/FCF Ratio	685.71	664.53	7.78	73.85	35.92	7.26
P/OCF Ratio	8.39	8.13	2.58	3.18	5.17	3.35
PEG Ratio	-	0.81	0.81	0.81	0.81	0.81
EV/Sales Ratio	0.70	0.66	0.56	0.66	0.67	0.79
EV/EBITDA Ratio	3.90	3.89	2.69	3.33	3.12	3.51
EV/EBIT Ratio	5.50	5.42	3.53	4.64	4.49	4.86
EV/FCF Ratio	928.03	885.30	10.99	105.70	42.17	9.02
Debt / Equity Ratio	0.30	0.30	0.27	0.25	0.29	0.21
Debt / EBITDA Ratio	1.41	1.41	0.97	1.08	1.14	0.98
Debt / FCF Ratio	328.14	328.14	4.04	34.84	15.66	2.56
Net Debt / Equity Ratio	0.13	0.13	0.10	0.12	0.13	0.08
Net Debt / EBITDA Ratio	0.62	0.62	0.38	0.52	0.52	0.38
Net Debt / FCF Ratio	142.18	142.18	1.53	16.37	7.03	0.98
Asset Turnover	0.72	0.72	0.74	0.68	0.71	0.62
Inventory Turnover	4.15	4.15	3.94	3.64	4.03	4.24
Quick Ratio	1.17	1.17	0.85	1.19	1.29	0.90
Current Ratio	1.68	1.68	1.22	1.85	1.97	1.38
Return on Equity (ROE)	14.26%	14.26%	8.79%	11.01%	11.56%	10.99%
Return on Assets (ROA)	5.54%	5.54%	7.38%	6.08%	6.56%	6.25%
Return on Invested Capital (ROIC)	9.38%	10.23%	13.63%	11.28%	10.87%	9.85%
Return on Capital Employed (ROCE)	11.20%	11.20%	18.10%	12.50%	12.50%	13.50%
Earnings Yield	20.31%	20.95%	15.84%	18.27%	16.62%	18.41%
FCF Yield	0.15%	0.15%	12.86%	1.35%	2.78%	13.77%
Dividend Yield	4.03%	-	4.99%	4.18%	3.71%	3.28%
Payout Ratio	17.96%	17.96%	25.48%	18.05%	14.24%	-
Buyback Yield / Dilution	-0.03%	-0.03%	0.21%	-0.11%	-0.07%	-0.33%
Total Shareholder Return	4.01%	-0.03%	5.20%	4.07%	3.64%	2.94%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.