The SPAR Group Ratios and Metrics

Market cap in millions ZAR. Fiscal year is October - September.

Millions ZAR. Fiscal year is Oct - Sep.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 25, 2026	Sep '25 Sep 26, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Market Capitalization	12,894	19,207	26,103	22,374	27,602	37,813
Market Cap Growth	-54.24%	-26.42%	16.67%	-18.94%	-27.00%	3.59%
Enterprise Value	26,409	33,934	51,187	50,085	51,476	60,444
Last Close Price	66.97	99.75	135.54	116.28	141.01	184.78
PE Ratio	15.74	-	74.18	55.75	12.83	16.69
Forward PE	8.02	8.90	12.93	10.77	10.86	14.30
PS Ratio	0.10	0.15	0.20	0.15	0.20	0.30
PB Ratio	2.43	3.62	2.52	2.19	2.76	4.51
P/TBV Ratio	-	-	11.82	11.34	12.51	27.71
P/FCF Ratio	3.82	5.69	11.82	8.02	13.48	17.36
P/OCF Ratio	3.01	4.48	7.53	4.64	7.21	10.44
PEG Ratio	0.31	1.11	1.11	1.11	1.11	1.38
EV/Sales Ratio	0.20	0.26	0.39	0.34	0.38	0.47
EV/EBITDA Ratio	6.33	10.24	14.01	13.73	12.23	14.57
EV/EBIT Ratio	9.92	12.77	18.82	18.55	15.08	18.01
EV/FCF Ratio	7.82	10.05	23.17	17.96	25.14	27.75
Debt / Equity Ratio	3.06	3.06	2.34	2.64	2.58	2.90
Debt / EBITDA Ratio	3.90	3.90	4.98	5.58	4.90	4.68
Debt / FCF Ratio	4.82	4.82	11.00	9.67	12.62	11.15
Net Debt / Equity Ratio	2.54	2.54	2.19	2.47	2.47	2.70
Net Debt / EBITDA Ratio	4.08	4.08	6.21	6.92	5.87	5.46
Net Debt / FCF Ratio	4.00	4.00	10.27	9.06	12.07	10.40
Asset Turnover	2.51	2.51	2.17	2.46	2.48	2.44
Inventory Turnover	21.30	21.30	17.85	19.39	20.12	21.08
Quick Ratio	0.74	0.74	0.63	0.70	0.72	0.77
Current Ratio	0.99	0.99	0.90	0.94	0.99	1.02
Return on Equity (ROE)	10.45%	10.45%	15.60%	13.48%	24.14%	27.15%
Return on Assets (ROA)	3.17%	3.17%	2.82%	2.84%	3.91%	4.00%
Return on Invested Capital (ROIC)	8.44%	6.52%	6.14%	5.74%	7.58%	8.39%
Return on Capital Employed (ROCE)	13.70%	13.70%	9.60%	8.50%	11.10%	11.60%
Earnings Yield	-37.44%	-25.14%	1.35%	1.79%	7.80%	5.99%
FCF Yield	26.19%	17.59%	8.46%	12.46%	7.42%	5.76%
Dividend Yield	-	-	-	-	2.84%	4.42%
Payout Ratio	-	-	-	108.80%	64.44%	81.10%
Buyback Yield / Dilution	-0.04%	-0.02%	-0.11%	0.12%	0.17%	-0.01%
Total Shareholder Return	-0.04%	-0.02%	-0.11%	0.12%	3.00%	4.41%

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