MH Ethanol Ratios and Metrics

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 25, 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	27,653	35,567	44,453	49,530	66,387	54,737
Market Cap Growth	-19.19%	-19.99%	-10.25%	-25.39%	21.28%	34.90%
Enterprise Value	201,937	248,633	269,863	257,265	276,421	298,656
Last Close Price	4315.00	5274.70	6196.16	6654.72	8642.93	6888.64
PE Ratio	-	-	9.52	9.94	11.23	8.02
PS Ratio	0.29	0.35	0.42	0.45	0.65	0.58
PB Ratio	0.35	0.46	0.45	0.52	0.78	0.68
P/TBV Ratio	0.46	0.60	0.69	0.81	1.15	0.96
P/FCF Ratio	2.66	3.23	2.94	4.34	3.29	3.82
P/OCF Ratio	1.67	2.09	2.32	3.01	2.52	2.88
EV/Sales Ratio	2.10	2.48	2.56	2.32	2.71	3.16
EV/EBITDA Ratio	9.98	10.10	8.13	7.06	7.24	9.52
EV/EBIT Ratio	29.30	24.92	14.27	11.73	11.85	18.32
EV/FCF Ratio	19.40	22.59	17.85	22.55	13.70	20.82
Debt / Equity Ratio	2.27	2.54	2.27	2.41	2.79	2.98
Debt / EBITDA Ratio	9.00	7.96	6.78	6.31	6.19	7.64
Debt / FCF Ratio	17.49	17.79	14.88	20.16	11.71	16.70
Net Debt / Equity Ratio	1.99	2.14	1.98	2.12	2.44	2.78
Net Debt / EBITDA Ratio	7.87	6.70	5.91	5.56	5.41	7.13
Net Debt / FCF Ratio	15.29	14.98	12.98	17.75	10.24	15.58
Asset Turnover	0.24	0.24	0.24	0.25	0.23	0.21
Inventory Turnover	6.50	6.05	6.56	7.53	6.67	7.27
Quick Ratio	0.13	0.15	0.23	0.21	0.13	0.18
Current Ratio	0.18	0.21	0.33	0.28	0.18	0.26
Return on Equity (ROE)	-11.11%	-22.29%	5.36%	13.22%	10.52%	4.76%
Return on Assets (ROA)	1.06%	1.47%	2.65%	3.05%	3.24%	2.26%
Return on Invested Capital (ROIC)	2.86%	3.71%	4.27%	7.44%	5.89%	4.00%
Return on Capital Employed (ROCE)	6.10%	8.90%	7.20%	8.50%	15.10%	5.40%
Earnings Yield	-4.82%	-8.74%	10.51%	10.06%	8.90%	12.47%
FCF Yield	37.63%	30.95%	34.01%	23.04%	30.40%	26.21%
Dividend Yield	5.79%	4.74%	4.04%	3.76%	4.05%	5.08%
Payout Ratio	-	-	34.84%	45.70%	38.54%	33.37%
Buyback Yield / Dilution	1.56%	0.47%	-	-	-	2.25%
Total Shareholder Return	7.27%	5.21%	4.04%	3.76%	4.05%	7.33%

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