Waves Corporation Limited (PSX:WAVES)

Waves Corporation Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 7, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	3,008	3,762	2,558	2,226	2,429	4,387
Market Cap Growth	41.59%	47.09%	14.92%	-8.34%	-44.64%	-17.04%
Enterprise Value	13,974	14,518	10,924	9,683	10,629	10,622
Last Close Price	10.69	13.37	9.09	7.91	8.63	12.50
PE Ratio	6.83	8.62	2.44	9.82	10.27	13.77
Forward PE	-	3.80	3.80	3.80	3.80	3.80
PS Ratio	0.63	0.79	0.65	0.43	0.24	0.42
PB Ratio	0.22	0.28	0.20	0.20	0.23	0.43
P/TBV Ratio	0.40	0.50	0.35	0.33	0.38	0.75
P/FCF Ratio	-	-	-	29.51	3.17	-
P/OCF Ratio	-	-	-	1.13	0.73	-
EV/Sales Ratio	2.92	3.04	2.77	1.86	1.07	1.02
EV/EBITDA Ratio	16.05	16.59	7.08	11.32	9.82	11.24
EV/EBIT Ratio	27.23	27.99	8.81	19.30	13.90	16.63
EV/FCF Ratio	-92.78	-	-	128.40	13.86	-
Debt / Equity Ratio	0.59	0.55	0.55	0.56	0.62	0.73
Debt / EBITDA Ratio	9.30	8.52	4.60	7.24	5.87	7.21
Debt / FCF Ratio	-	-	-	84.00	8.69	-
Net Debt / Equity Ratio	0.55	0.55	0.55	0.56	0.61	0.72
Net Debt / EBITDA Ratio	8.71	8.52	4.61	7.33	6.05	7.80
Net Debt / FCF Ratio	-49.80	-45.62	-8.25	83.17	8.53	-7.67
Asset Turnover	0.19	0.19	0.17	0.24	0.47	0.54
Inventory Turnover	1.42	1.37	0.63	0.63	1.57	2.27
Quick Ratio	1.16	1.10	1.05	0.44	0.60	0.83
Current Ratio	1.70	1.70	1.69	1.14	1.30	1.32
Return on Equity (ROE)	3.98%	3.98%	8.97%	2.33%	2.25%	3.50%
Return on Assets (ROA)	1.28%	1.31%	3.34%	1.43%	2.25%	2.06%
Return on Invested Capital (ROIC)	2.42%	2.51%	6.58%	2.88%	3.31%	2.45%
Return on Capital Employed (ROCE)	2.60%	2.70%	6.60%	4.10%	6.40%	5.30%
Earnings Yield	14.55%	11.60%	40.91%	10.18%	9.73%	7.26%
FCF Yield	-5.01%	-4.35%	-33.71%	3.39%	31.57%	-21.91%
Payout Ratio	-	-	-	-	-	0.03%
Buyback Yield / Dilution	5.76%	-	-	-	-	-50.00%
Total Shareholder Return	5.76%	-	-	-	-	-50.00%

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