Old Mutual 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 7, 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	58,179	63,598	54,500	56,006	51,399	61,682
Market Cap Growth	17.40%	16.70%	-2.69%	8.96%	-16.67%	10.18%
Enterprise Value	79,823	8,370	24,642	34,164	36,554	48,938
PE Ratio	7.34	7.56	7.11	7.93	9.83	9.26
PS Ratio	0.49	0.54	0.52	0.56	0.62	0.25
PB Ratio	0.92	1.01	0.88	0.96	0.85	0.95
P/FCF Ratio	-	-	2.35	4.71	1.93	3.21
P/OCF Ratio	-	-	2.26	4.02	1.85	3.07
EV/Sales Ratio	0.68	0.07	0.24	0.34	0.44	0.20
EV/EBITDA Ratio	3.37	0.37	1.54	2.38	5.16	4.66
EV/EBIT Ratio	3.53	0.38	1.59	2.47	5.56	5.23
EV/FCF Ratio	-22.91	-	1.06	2.87	1.37	2.54
Debt / Equity Ratio	0.93	0.93	0.92	1.18	1.07	0.76
Debt / EBITDA Ratio	2.54	2.54	3.49	4.68	8.57	4.57
Debt / FCF Ratio	-	-	2.46	5.79	2.40	2.59
Net Debt / Equity Ratio	0.30	0.30	0.30	0.53	0.44	0.26
Net Debt / EBITDA Ratio	0.82	0.82	1.15	2.14	3.76	1.61
Net Debt / FCF Ratio	-5.37	-5.37	0.79	2.59	1.00	0.88
Quick Ratio	0.72	0.72	0.90	0.81	0.87	0.91
Current Ratio	0.86	0.86	1.23	1.13	1.09	1.13
Asset Turnover	0.09	0.09	0.09	0.09	0.08	0.25
Return on Equity (ROE)	14.77%	14.77%	13.94%	12.85%	9.01%	11.09%
Return on Assets (ROA)	1.06%	1.06%	0.81%	0.78%	0.39%	0.59%
Return on Invested Capital (ROIC)	7.37%	7.47%	6.80%	6.01%	4.73%	4.27%
Earnings Yield	14.45%	13.22%	14.07%	12.62%	10.18%	10.80%
FCF Yield	-5.99%	-5.48%	42.58%	21.25%	51.94%	31.20%
Dividend Yield	6.65%	6.24%	7.44%	7.23%	9.09%	7.73%
Payout Ratio	45.16%	45.16%	44.03%	52.43%	65.46%	40.32%
Buyback Yield / Dilution	1.58%	1.58%	1.81%	0.61%	-3.13%	-2.10%
Total Shareholder Return	8.23%	7.82%	9.25%	7.84%	5.96%	5.63%

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