Valterra Platinum 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	Mar '26 Mar 5, 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	416,665	370,109	149,471	253,326	374,240	476,350
Market Cap Growth	161.59%	147.61%	-41.00%	-32.31%	-21.44%	28.12%
Enterprise Value	405,727	375,046	135,963	227,976	331,842	418,466
Last Close Price	1590.00	1409.56	519.52	858.00	1204.17	1364.86
PE Ratio	27.21	24.00	21.17	19.43	7.61	6.03
Forward PE	11.08	18.35	10.60	11.95	7.70	7.97
PS Ratio	3.58	3.18	1.37	2.03	2.28	2.22
PB Ratio	4.21	3.74	1.46	2.53	3.86	4.65
P/TBV Ratio	4.25	3.77	1.48	2.55	3.88	4.68
P/FCF Ratio	36.12	32.09	19.02	-	13.15	5.75
P/OCF Ratio	14.44	12.83	5.57	15.30	8.25	4.94
PEG Ratio	0.22	0.58	-	-	-	6.09
EV/Sales Ratio	3.49	3.22	1.25	1.83	2.02	1.95
EV/EBITDA Ratio	12.78	11.72	5.79	9.26	4.45	3.87
EV/EBIT Ratio	17.22	15.56	8.57	12.41	4.82	4.05
EV/FCF Ratio	35.18	32.52	17.30	-	11.66	5.05
Debt / Equity Ratio	0.05	0.05	0.09	0.08	0.01	0.01
Debt / EBITDA Ratio	0.16	0.16	0.37	0.31	0.01	0.01
Debt / FCF Ratio	0.46	0.46	1.10	-	0.02	0.01
Net Debt / Equity Ratio	-0.11	-0.11	-0.16	-0.17	-0.30	-0.50
Net Debt / EBITDA Ratio	-0.35	-0.35	-0.71	-0.68	-0.39	-0.47
Net Debt / FCF Ratio	-0.98	-0.98	-2.13	3.86	-1.02	-0.61
Asset Turnover	0.68	0.68	0.64	0.72	0.92	1.32
Inventory Turnover	3.32	3.32	2.97	2.43	2.16	2.64
Quick Ratio	0.51	0.51	0.71	0.62	0.61	1.00
Current Ratio	1.17	1.17	1.30	1.48	1.55	1.82
Return on Equity (ROE)	15.73%	15.73%	7.31%	13.65%	49.47%	87.37%
Return on Assets (ROA)	8.82%	8.82%	5.83%	6.64%	24.09%	39.83%
Return on Invested Capital (ROIC)	19.51%	19.77%	14.37%	18.06%	85.16%	136.09%
Return on Capital Employed (ROCE)	19.20%	19.20%	12.60%	15.00%	57.90%	83.60%
Earnings Yield	3.70%	4.17%	4.72%	5.15%	13.13%	16.58%
FCF Yield	2.77%	3.12%	5.26%	-1.71%	7.61%	17.39%
Dividend Yield	2.83%	1.77%	2.45%	2.48%	6.23%	8.72%
Payout Ratio	109.81%	109.81%	71.65%	93.17%	48.55%	35.33%
Buyback Yield / Dilution	-0.11%	-0.11%	0.01%	-0.02%	-0.04%	-0.02%
Total Shareholder Return	2.72%	1.66%	2.47%	2.47%	6.19%	8.70%

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