LON:IPF 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 26, 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	539	513	282	267	163	285
Market Cap Growth	63.74%	81.70%	5.98%	63.93%	-43.01%	57.63%
Enterprise Value	1,149	1,062	762	783	646	678
Last Close Price	2.46	2.26	1.16	0.97	0.54	0.88
PE Ratio	10.40	9.47	4.64	5.55	2.86	6.81
Forward PE	9.48	8.41	5.84	5.93	4.42	6.57
PS Ratio	0.73	0.70	0.39	0.35	0.25	0.52
PB Ratio	0.99	0.94	0.61	0.53	0.37	0.78
P/TBV Ratio	1.15	1.09	0.70	0.60	0.41	0.89
P/FCF Ratio	-	-	15.35	3.29	-	-
P/OCF Ratio	-	-	11.39	3.11	-	-
PEG Ratio	-	1.27	1.27	1.27	1.27	1.27
EV/Sales Ratio	1.56	1.44	1.05	1.02	1.00	1.24
EV/EBITDA Ratio	6.53	6.40	4.70	4.68	4.26	5.33
EV/EBIT Ratio	7.19	6.64	4.90	4.87	4.44	5.57
EV/FCF Ratio	-96.56	-	41.44	9.65	-	-
Debt / Equity Ratio	1.17	1.17	1.15	1.07	1.28	1.34
Debt / EBITDA Ratio	3.64	3.64	3.11	3.02	3.56	3.61
Debt / FCF Ratio	-	-	29.12	6.60	-	-
Net Debt / Equity Ratio	1.12	1.12	1.09	0.98	1.17	1.22
Net Debt / EBITDA Ratio	3.67	3.67	3.13	2.95	3.43	3.52
Net Debt / FCF Ratio	-51.25	-51.25	27.62	6.08	-51.95	-15.00
Asset Turnover	0.60	0.60	0.62	0.65	0.60	0.54
Quick Ratio	3.78	3.78	2.88	3.62	3.13	4.30
Current Ratio	3.83	3.83	2.93	3.68	3.19	4.35
Return on Equity (ROE)	10.71%	10.71%	12.58%	10.14%	13.98%	11.36%
Return on Assets (ROA)	8.06%	8.06%	8.34%	8.52%	8.38%	7.52%
Return on Invested Capital (ROIC)	8.79%	9.54%	13.13%	9.39%	12.00%	9.53%
Return on Capital Employed (ROCE)	14.20%	14.20%	17.20%	16.30%	15.40%	14.20%
Earnings Yield	10.05%	10.56%	21.56%	18.01%	34.93%	14.69%
FCF Yield	-2.21%	-2.32%	6.51%	30.43%	-6.15%	-10.48%
Dividend Yield	5.21%	5.67%	9.86%	10.63%	16.92%	9.07%
Payout Ratio	47.60%	47.60%	39.25%	44.79%	33.27%	11.70%
Buyback Yield / Dilution	2.30%	2.30%	0.93%	-1.50%	0.55%	-5.80%
Total Shareholder Return	7.51%	7.97%	10.78%	9.14%	17.47%	3.27%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.