Ecora Royalties Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 25, 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	317	286	159	259	388	288
Market Cap Growth	106.88%	79.70%	-38.55%	-33.22%	34.73%	27.70%
Enterprise Value	380	379	230	293	405	367
Last Close Price	1.27	1.14	0.62	0.93	1.32	1.13
PE Ratio	19.25	17.35	-	389.40	4.94	10.40
Forward PE	10.12	14.50	7.52	10.46	7.17	8.21
PS Ratio	7.63	6.88	3.34	5.33	3.29	4.57
PB Ratio	0.92	0.83	0.46	0.68	0.93	1.09
P/TBV Ratio	1.98	1.79	1.06	1.55	1.86	1.36
P/FCF Ratio	-	-	7.09	9.87	3.63	-
P/OCF Ratio	12.15	10.96	6.73	9.83	3.53	6.99
PEG Ratio	-	-	-	-	1.66	-
EV/Sales Ratio	9.16	9.13	4.83	6.04	3.44	5.82
EV/EBITDA Ratio	12.99	12.95	6.05	7.50	3.85	7.04
EV/EBIT Ratio	20.23	20.16	7.29	8.85	4.15	8.92
EV/FCF Ratio	-31.94	-	10.24	11.18	3.79	-
Debt / Equity Ratio	0.20	0.20	0.22	0.18	0.09	0.32
Debt / EBITDA Ratio	2.37	2.37	1.94	1.70	0.36	1.59
Debt / FCF Ratio	-	-	3.32	2.57	0.35	-
Net Debt / Equity Ratio	0.18	0.18	0.20	0.16	0.08	0.25
Net Debt / EBITDA Ratio	2.17	2.17	1.80	1.56	0.31	1.29
Net Debt / FCF Ratio	-5.33	-5.33	3.04	2.33	0.31	-0.60
Asset Turnover	0.10	0.10	0.10	0.09	0.24	0.19
Quick Ratio	1.20	1.20	2.29	0.55	0.39	4.81
Current Ratio	1.20	1.20	2.96	0.60	0.39	4.85
Return on Equity (ROE)	4.93%	4.93%	-2.14%	0.17%	21.99%	11.52%
Return on Assets (ROA)	2.78%	2.78%	4.15%	4.01%	12.24%	7.64%
Return on Invested Capital (ROIC)	4.59%	4.72%	-12.11%	1.42%	16.55%	9.84%
Return on Capital Employed (ROCE)	4.40%	4.40%	7.20%	7.00%	19.30%	10.90%
Earnings Yield	5.20%	5.76%	-4.93%	0.26%	20.26%	9.62%
FCF Yield	-3.76%	-4.16%	14.10%	10.13%	27.53%	-39.00%
Dividend Yield	0.69%	-	3.64%	7.17%	5.31%	6.21%
Payout Ratio	31.30%	31.30%	-	2604.72%	20.48%	67.68%
Buyback Yield / Dilution	1.03%	1.03%	2.38%	-10.11%	-12.78%	-15.44%
Total Shareholder Return	1.71%	1.03%	6.03%	-2.94%	-7.47%	-9.23%

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