Rafhan Maize Products Co. Ratios and Metrics

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

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 7, 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	87,106	92,903	83,127	92,346	84,051	86,822
Market Cap Growth	7.17%	11.76%	-9.98%	9.87%	-3.19%	-4.07%
Enterprise Value	81,051	94,249	83,924	93,852	87,423	84,410
Last Close Price	9430.72	9800.92	8370.97	8860.33	7746.03	7757.02
PE Ratio	13.17	14.22	11.12	13.36	13.60	13.88
PS Ratio	1.19	1.27	1.19	1.41	1.43	2.04
PB Ratio	2.79	3.19	3.09	4.01	4.42	5.47
P/TBV Ratio	2.79	3.19	3.09	4.01	4.42	5.47
P/FCF Ratio	14.39	53.71	12.92	14.87	-	88.54
P/OCF Ratio	9.43	21.46	9.95	10.69	109.36	58.00
EV/Sales Ratio	1.11	1.29	1.20	1.43	1.49	1.98
EV/EBITDA Ratio	7.23	8.45	6.79	7.91	8.65	9.39
EV/EBIT Ratio	7.78	9.08	7.21	8.31	9.12	9.93
EV/FCF Ratio	13.39	54.48	13.04	15.11	-	86.08
Debt / Equity Ratio	0.18	0.30	0.32	0.28	0.11	0.06
Debt / EBITDA Ratio	0.49	0.78	0.69	0.55	0.21	0.10
Debt / FCF Ratio	0.90	5.03	1.33	1.05	-	0.91
Net Debt / Equity Ratio	-0.19	-0.13	-0.23	-0.24	-0.11	-0.24
Net Debt / EBITDA Ratio	-0.54	-0.34	-0.51	-0.46	-0.21	-0.43
Net Debt / FCF Ratio	-1.00	-2.22	-0.98	-0.89	18.76	-3.95
Asset Turnover	1.47	1.32	1.36	1.56	2.07	1.82
Inventory Turnover	2.67	2.21	2.24	2.33	3.31	4.12
Quick Ratio	0.93	0.57	0.79	0.57	0.57	0.93
Current Ratio	2.21	1.69	1.81	1.59	2.02	2.37
Return on Equity (ROE)	22.02%	23.31%	29.94%	32.86%	35.40%	39.09%
Return on Assets (ROA)	13.02%	11.68%	14.11%	16.80%	21.10%	22.64%
Return on Invested Capital (ROIC)	25.19%	27.63%	37.93%	37.77%	41.31%	61.92%
Return on Capital Employed (ROCE)	31.40%	33.40%	40.30%	45.40%	47.60%	50.80%
Earnings Yield	7.59%	7.03%	8.99%	7.49%	7.35%	7.21%
FCF Yield	6.95%	1.86%	7.74%	6.73%	-0.14%	1.13%
Dividend Yield	6.36%	4.90%	4.48%	3.95%	3.55%	7.74%
Payout Ratio	60.03%	60.75%	68.38%	49.08%	32.90%	103.24%
Total Shareholder Return	6.33%	4.90%	4.48%	3.95%	3.55%	7.74%

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