VFD Group 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
Period Ending	Mar '26 Mar 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Market Capitalization	87,793	83,612	56,248	38,557	-
Market Cap Growth	32.25%	48.65%	45.88%	-	-
Enterprise Value	119,589	189,555	140,687	-	-
Last Close Price	11.55	11.00	6.48	5.92	-
PE Ratio	12.42	11.83	8.98	-	-
PS Ratio	1.23	1.17	0.90	1.13	-
PB Ratio	1.28	1.22	0.96	1.19	-
P/TBV Ratio	1.74	1.65	1.55	2.63	-
P/FCF Ratio	1.18	1.12	-	-	-
P/OCF Ratio	1.03	0.98	-	-	-
EV/Sales Ratio	1.68	2.66	2.24	-	-
EV/EBITDA Ratio	2.52	4.00	3.42	-	-
EV/EBIT Ratio	2.69	4.28	3.60	-	-
EV/FCF Ratio	1.61	2.55	-	-	-
Debt / Equity Ratio	1.63	1.63	2.08	2.51	1.74
Debt / EBITDA Ratio	2.37	2.37	2.91	3.72	19.80
Debt / FCF Ratio	1.51	1.51	-	-	2.73
Net Debt / Equity Ratio	0.22	0.22	1.66	1.76	1.65
Net Debt / EBITDA Ratio	0.32	0.32	2.35	2.65	19.89
Net Debt / FCF Ratio	0.21	0.21	-2.10	-4.23	2.59
Asset Turnover	0.20	0.20	0.24	0.18	-
Inventory Turnover	0.17	0.17	0.17	0.09	-
Quick Ratio	0.64	0.64	0.60	0.33	0.32
Current Ratio	1.13	1.13	1.06	1.06	0.91
Return on Equity (ROE)	15.21%	15.21%	19.09%	-2.30%	-
Return on Assets (ROA)	7.89%	7.89%	9.50%	6.95%	-
Return on Invested Capital (ROIC)	31.22%	31.67%	24.66%	23.40%	1.88%
Return on Capital Employed (ROCE)	28.10%	28.10%	24.10%	19.20%	2.40%
Earnings Yield	8.05%	8.46%	11.14%	-6.39%	-
FCF Yield	84.80%	89.04%	-81.83%	-35.09%	-
Dividend Yield	3.47%	-	6.44%	-	-
Payout Ratio	-	44.80%	-	-	25.50%
Buyback Yield / Dilution	-4.35%	-4.35%	-27.76%	-0.02%	-
Total Shareholder Return	-0.87%	-4.35%	-21.32%	-0.02%	-

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