Santam 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 19, 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	49,961	44,329	32,354	28,953	30,370	28,765
Market Cap Growth	19.23%	37.01%	11.74%	-4.67%	5.58%	-12.19%
Enterprise Value	53,143	44,203	32,815	29,142	30,751	27,478
PE Ratio	12.21	12.05	9.96	14.62	11.06	87.97
PS Ratio	1.00	0.94	0.77	0.68	1.00	1.02
PB Ratio	3.33	3.15	2.84	2.51	2.52	2.85
P/FCF Ratio	11.80	12.33	67.69	8.36	16.28	-
P/OCF Ratio	11.46	12.05	48.51	8.17	16.12	-
EV/Sales Ratio	1.06	0.94	0.78	0.68	1.01	0.97
EV/EBITDA Ratio	6.78	7.04	8.05	8.27	8.26	13.16
EV/EBIT Ratio	7.02	7.19	8.28	8.48	8.41	14.87
EV/FCF Ratio	12.55	12.30	68.65	8.41	16.49	-
Debt / Equity Ratio	0.56	0.35	0.40	0.34	0.35	0.47
Debt / EBITDA Ratio	1.09	0.76	1.08	1.07	1.09	2.27
Debt / FCF Ratio	1.99	1.36	9.55	1.14	2.28	-
Net Debt / Equity Ratio	0.12	-0.10	-0.02	-0.12	-0.02	0.04
Net Debt / EBITDA Ratio	0.24	-0.24	-0.06	-0.41	-0.07	0.17
Net Debt / FCF Ratio	0.43	-0.41	-0.53	-0.42	-0.14	-4.47
Quick Ratio	0.63	0.49	0.42	0.42	0.40	0.51
Current Ratio	0.81	0.64	0.64	0.74	0.79	0.80
Asset Turnover	0.69	0.67	0.64	0.66	0.50	0.54
Return on Equity (ROE)	35.19%	34.19%	23.35%	17.72%	25.60%	4.28%
Return on Assets (ROA)	6.41%	5.47%	3.76%	3.30%	3.75%	2.19%
Return on Invested Capital (ROIC)	22.52%	27.15%	16.28%	13.47%	17.93%	6.91%
Earnings Yield	8.02%	8.30%	10.04%	6.84%	9.04%	1.14%
FCF Yield	8.47%	8.11%	1.48%	11.97%	6.14%	-0.28%
Dividend Yield	3.43%	4.03%	5.33%	6.19%	5.94%	-
Payout Ratio	40.26%	42.84%	46.38%	70.93%	17.38%	242.51%
Buyback Yield / Dilution	-0.40%	-0.60%	0.24%	0.39%	0.12%	0.24%
Total Shareholder Return	3.02%	3.43%	5.57%	6.58%	6.06%	0.24%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.