GemVax&KAEL Ratios and Metrics

Market cap in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 11, 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	581,963	1,228,618	587,263	523,463	465,482	694,507
Market Cap Growth	-62.08%	109.21%	12.19%	12.46%	-32.98%	-26.38%
Enterprise Value	611,899	1,279,297	612,303	514,356	454,070	675,698
Last Close Price	13240.00	29000.00	14800.00	13280.00	11850.00	17500.00
PE Ratio	-	-	-	-	-	57.60
PS Ratio	6.66	15.07	9.37	7.25	6.14	11.50
PB Ratio	7.21	21.47	20.25	4.85	3.47	4.51
P/TBV Ratio	7.52	22.81	22.83	5.08	3.54	4.59
P/FCF Ratio	-	11038.79	-	-	-	-
P/OCF Ratio	-	1108.37	-	146.81	-	-
EV/Sales Ratio	7.00	15.69	9.77	7.12	5.99	11.19
EV/EBITDA Ratio	136.22	157.91	-	-	-	-
EV/EBIT Ratio	-	337.32	-	-	-	-
EV/FCF Ratio	-	11494.13	-	-	-	-
Debt / Equity Ratio	0.73	1.06	2.55	0.14	0.06	0.05
Debt / EBITDA Ratio	5.73	7.52	-	-	-	-
Debt / FCF Ratio	-	547.11	-	-	-	-
Net Debt / Equity Ratio	0.37	0.67	2.30	-0.06	-0.26	-0.18
Net Debt / EBITDA Ratio	2.93	4.71	-1.96	1.59	39.72	201.41
Net Debt / FCF Ratio	-16.50	342.46	-2.09	1.26	2.94	2.64
Asset Turnover	0.52	0.53	0.44	0.50	0.47	0.37
Inventory Turnover	5.42	6.51	6.93	5.25	5.90	6.45
Quick Ratio	0.82	0.45	0.25	0.99	2.97	2.63
Current Ratio	1.18	0.66	0.36	1.30	3.80	3.26
Return on Equity (ROE)	-6.43%	-26.29%	-127.30%	-22.43%	-13.60%	8.34%
Return on Assets (ROA)	2.22%	1.53%	-16.76%	-3.44%	-1.52%	-0.92%
Return on Capital Employed (ROCE)	4.60%	4.10%	-47.60%	-7.20%	-2.90%	-1.60%
Earnings Yield	-0.68%	-0.92%	-14.85%	-5.19%	-4.21%	1.74%
FCF Yield	-0.31%	0.01%	-5.42%	-0.94%	-2.59%	-1.49%
Buyback Yield / Dilution	-5.56%	-4.09%	-0.66%	0.17%	8.46%	-9.88%