Fortis Global Insurance Ratios and Metrics

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

Millions NGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 24, 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	19,367	2,582	2,582	2,582	2,582	2,582
Enterprise Value	13,961	5,780	2,665	2,665	2,665	2,665
PE Ratio	-	-	0.52	-	-	-
PS Ratio	19.31	2.58	4.63	6.48	7.53	6.24
PB Ratio	2.07	0.28	-2.40	-0.53	-0.58	-0.82
P/FCF Ratio	-	-	-	-	-	11.16
P/OCF Ratio	-	-	-	-	-	11.14
EV/Sales Ratio	13.92	5.76	4.78	6.68	7.78	6.44
EV/EBITDA Ratio	-	-	22.44	39.03	-	-
EV/EBIT Ratio	-	-	25.01	46.87	-	-
EV/FCF Ratio	-34.31	-	-	-	-	11.52
Debt / Equity Ratio	0.64	0.64	-5.74	-0.78	-0.45	-0.63
Debt / EBITDA Ratio	-	-	51.98	56.27	-	-
Debt / FCF Ratio	-	-	-	-	-	8.62
Net Debt / Equity Ratio	-0.58	-0.58	-5.24	-0.65	-0.29	-0.01
Net Debt / EBITDA Ratio	20.26	20.26	47.42	46.83	-1.55	-0.04
Net Debt / FCF Ratio	13.28	13.28	-78.71	-470.64	-1.09	0.21
Quick Ratio	2.35	2.35	0.45	0.18	0.18	0.45
Current Ratio	2.48	2.48	0.82	0.29	0.30	0.67
Asset Turnover	0.05	0.05	0.05	0.06	0.05	0.05
Return on Equity (ROE)	-40.79%	-40.79%	-	-	-	-
Return on Assets (ROA)	-1.03%	-1.03%	0.63%	0.52%	-7.59%	-11.27%
Return on Invested Capital (ROIC)	-2.00%	-3.12%	5.29%	-	-	-
Earnings Yield	-8.72%	-65.36%	193.26%	-70.32%	-32.13%	-66.78%
FCF Yield	-2.10%	-15.76%	-2.77%	-0.26%	-45.46%	8.96%

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