Sanlam Ratios and Metrics

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

Millions NAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 24, 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	220,220	178,923	158,824	99,589	122,558	121,274
Market Cap Growth	28.91%	12.65%	59.48%	-18.74%	1.06%	-29.64%
Enterprise Value	211,612	181,156	164,742	75,282	93,414	69,301
PE Ratio	9.77	8.05	10.84	8.15	12.94	168.97
PS Ratio	0.95	0.88	0.82	0.96	0.63	0.94
PB Ratio	2.01	1.63	1.62	1.01	1.48	1.57
P/FCF Ratio	13.74	12.54	-	6.19	24.87	74.20
P/OCF Ratio	13.10	11.85	-	5.97	22.23	51.15
EV/Sales Ratio	0.92	0.89	0.85	0.73	0.48	0.54
EV/EBITDA Ratio	1.61	1.79	1.71	4.23	2.96	6.62
EV/EBIT Ratio	1.62	1.80	1.73	4.40	3.06	7.20
EV/FCF Ratio	13.21	12.69	-	4.68	18.96	42.40
Debt / Equity Ratio	0.18	0.20	0.17	0.16	0.22	0.22
Debt / EBITDA Ratio	0.15	0.21	0.17	0.88	0.56	1.51
Debt / FCF Ratio	1.21	1.50	-	0.99	3.67	10.15
Net Debt / Equity Ratio	-0.16	-0.12	-0.11	-0.39	-0.29	-0.46
Net Debt / EBITDA Ratio	-0.14	-0.13	-0.11	-2.18	-0.76	-3.43
Net Debt / FCF Ratio	-1.12	-0.92	1.87	-2.41	-4.87	-21.95
Quick Ratio	1.26	3.49	1.85	1.85	1.11	1.78
Current Ratio	1.44	3.72	2.33	2.71	1.65	2.03
Asset Turnover	0.21	0.19	0.19	0.10	0.19	0.14
Return on Equity (ROE)	21.59%	20.87%	13.89%	13.15%	12.47%	1.79%
Return on Assets (ROA)	6.96%	5.90%	5.91%	1.04%	1.91%	0.65%
Return on Invested Capital (ROIC)	70.45%	60.05%	54.28%	12.33%	20.42%	2.75%
Earnings Yield	10.23%	12.42%	9.22%	12.28%	7.73%	0.59%
FCF Yield	7.28%	7.98%	-3.64%	16.17%	4.02%	1.35%
Dividend Yield	4.19%	5.41%	6.17%	8.85%	7.06%	6.76%
Payout Ratio	49.07%	43.27%	66.33%	68.93%	73.52%	1177.44%
Buyback Yield / Dilution	-0.24%	-1.02%	-0.55%	0.47%	-0.01%	0.10%
Total Shareholder Return	3.95%	4.39%	5.62%	9.32%	7.06%	6.86%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.