Waves Corporation Limited (PSX:WAVES)

Waves Corporation Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	3,357	2,558	2,226	2,429	4,387	5,289
Market Cap Growth	74.16%	14.92%	-8.34%	-44.64%	-17.04%	14.45%
Enterprise Value	13,843	10,924	9,683	10,629	10,622	11,648
Last Close Price	11.93	9.09	7.91	8.63	12.50	19.85
PE Ratio	2.64	2.44	9.82	10.27	13.77	41.49
Forward PE	-	3.80	3.80	3.80	3.80	5.76
PS Ratio	0.79	0.65	0.43	0.24	0.42	0.62
PB Ratio	0.25	0.20	0.20	0.23	0.43	0.63
P/TBV Ratio	0.44	0.35	0.33	0.38	0.75	0.95
P/FCF Ratio	-	-	29.51	3.17	-	-
P/OCF Ratio	-	-	1.13	0.73	-	14.77
EV/Sales Ratio	3.24	2.77	1.86	1.07	1.02	1.37
EV/EBITDA Ratio	7.17	7.07	11.32	9.82	11.24	16.43
EV/EBIT Ratio	8.46	8.80	19.30	13.90	16.63	27.72
EV/FCF Ratio	-16.53	-	128.40	13.86	-	-
Debt / Equity Ratio	0.55	0.54	0.56	0.62	0.73	0.85
Debt / EBITDA Ratio	3.83	4.53	7.24	5.87	7.21	8.54
Debt / FCF Ratio	-	-	84.00	8.69	-	-
Asset Turnover	0.18	0.17	0.24	0.47	0.54	0.49
Inventory Turnover	0.73	0.63	0.63	1.57	2.27	2.00
Quick Ratio	1.26	1.05	0.44	0.60	0.83	0.92
Current Ratio	1.95	1.69	1.14	1.30	1.32	1.38
Return on Equity (ROE)	10.53%	8.97%	2.33%	2.25%	3.50%	1.52%
Return on Assets (ROA)	4.30%	3.34%	1.43%	2.25%	2.06%	1.50%
Return on Capital (ROIC)	5.30%	4.12%	1.79%	2.71%	2.39%	1.73%
Return on Capital Employed (ROCE)	8.10%	6.60%	4.10%	6.40%	5.30%	3.80%
Earnings Yield	36.39%	40.91%	10.18%	9.73%	7.26%	2.41%
FCF Yield	-24.94%	-30.02%	3.39%	31.57%	-21.91%	-0.39%
Payout Ratio	-	-	-	-	0.03%	0.14%
Buyback Yield / Dilution	4.84%	-	-	-	-50.00%	-
Total Shareholder Return	-	-	-	-	-50.00%	-

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