NZX Limited Ratios and Metrics

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

Millions NZD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 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	486	513	477	353	381	508
Market Cap Growth	-0.21%	7.34%	35.11%	-7.20%	-25.05%	-6.76%
Enterprise Value	535	579	547	423	417	532
Last Close Price	1.48	1.56	1.39	0.97	1.02	1.42
PE Ratio	22.77	23.87	18.73	26.07	26.89	33.84
Forward PE	20.46	22.38	24.75	22.61	22.08	30.99
PS Ratio	3.77	3.98	3.95	3.26	3.98	5.78
PB Ratio	3.98	4.20	3.76	3.01	3.41	7.20
P/TBV Ratio	-	-	-	-	29.54	-
P/FCF Ratio	12.49	13.16	14.42	10.57	20.76	23.18
P/OCF Ratio	12.31	12.98	13.30	10.26	16.25	18.55
PEG Ratio	1.53	1.38	1.36	1.99	10.52	2.41
EV/Sales Ratio	4.15	4.49	4.53	3.90	4.36	6.05
EV/EBITDA Ratio	10.29	11.20	15.23	15.08	16.12	19.49
EV/EBIT Ratio	16.35	17.86	18.25	18.22	18.33	20.96
EV/FCF Ratio	13.75	14.87	16.51	12.65	22.73	24.27
Debt / Equity Ratio	0.66	0.66	0.64	0.70	0.54	0.74
Debt / EBITDA Ratio	1.57	1.57	2.16	2.76	2.22	1.83
Debt / FCF Ratio	2.08	2.08	2.45	2.46	3.31	2.40
Net Debt / Equity Ratio	0.40	0.40	0.41	0.49	0.36	0.33
Net Debt / EBITDA Ratio	0.95	0.95	1.46	2.06	1.55	0.86
Net Debt / FCF Ratio	1.26	1.26	1.58	1.72	2.19	1.07
Asset Turnover	0.46	0.46	0.43	0.43	0.46	0.41
Quick Ratio	0.74	0.74	0.66	0.57	0.34	0.68
Current Ratio	1.38	1.38	1.48	1.30	0.90	1.61
Return on Equity (ROE)	17.24%	17.24%	20.86%	11.83%	15.53%	21.72%
Return on Assets (ROA)	7.24%	7.24%	6.70%	5.69%	6.87%	7.42%
Return on Invested Capital (ROIC)	13.86%	13.54%	12.90%	10.03%	13.42%	20.38%
Return on Capital Employed (ROCE)	15.60%	15.60%	13.70%	10.90%	16.80%	20.20%
Earnings Yield	4.42%	4.19%	5.34%	3.84%	3.72%	2.96%
FCF Yield	8.01%	7.60%	6.93%	9.46%	4.82%	4.31%
Dividend Yield	4.07%	-	4.38%	6.26%	6.00%	4.30%
Payout Ratio	93.32%	93.32%	66.76%	123.51%	114.32%	87.15%
Buyback Yield / Dilution	-0.30%	0.18%	-1.40%	-4.57%	-9.67%	-1.57%
Total Shareholder Return	3.93%	0.18%	2.99%	1.69%	-3.67%	2.73%

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