Keppel Ratios and Metrics

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 6, 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	21,547	18,647	12,354	12,459	12,719	9,316
Market Cap Growth	71.08%	50.94%	-0.85%	-2.04%	36.52%	-4.72%
Enterprise Value	31,123	28,743	23,024	22,338	21,941	19,960
Last Close Price	11.88	10.35	6.53	6.40	3.97	2.66
PE Ratio	20.53	23.65	13.14	3.06	13.73	9.11
Forward PE	20.74	20.78	13.02	12.69	13.22	32.20
PS Ratio	3.60	3.12	2.14	1.79	1.92	1.41
PB Ratio	1.93	1.67	1.08	1.13	1.07	0.75
P/TBV Ratio	2.06	1.78	1.28	1.36	1.27	0.89
P/FCF Ratio	145.92	126.28	-	-	-	-
P/OCF Ratio	32.57	28.19	61.66	213.24	49.00	-
PEG Ratio	-	3.83	-	-	-	6.52
EV/Sales Ratio	5.20	4.80	3.98	3.21	3.32	3.02
EV/EBITDA Ratio	22.40	32.03	29.11	21.79	40.55	37.96
EV/EBIT Ratio	25.53	37.75	31.47	26.55	58.14	81.37
EV/FCF Ratio	210.76	194.64	-	-	-	-
Debt / Equity Ratio	1.04	1.04	1.09	1.04	0.90	1.00
Debt / EBITDA Ratio	12.52	12.52	15.29	10.81	18.33	21.97
Debt / FCF Ratio	78.99	78.99	-	-	-	-
Net Debt / Equity Ratio	0.83	0.83	0.88	0.91	0.81	0.73
Net Debt / EBITDA Ratio	10.31	10.31	12.73	9.75	17.77	17.25
Net Debt / FCF Ratio	62.67	62.67	-24.49	-11.58	-22.02	-9.38
Asset Turnover	0.22	0.22	0.21	0.24	0.21	0.21
Inventory Turnover	2.82	2.82	2.14	2.27	1.50	1.06
Quick Ratio	0.72	0.72	0.91	0.56	0.22	0.71
Current Ratio	1.34	1.34	1.39	1.04	1.31	1.25
Return on Equity (ROE)	8.95%	8.95%	7.25%	8.06%	6.98%	10.47%
Return on Assets (ROA)	1.74%	1.74%	1.68%	1.82%	0.74%	0.48%
Return on Invested Capital (ROIC)	2.84%	2.79%	2.68%	3.01%	1.36%	0.87%
Return on Capital Employed (ROCE)	3.60%	3.60%	3.20%	4.10%	1.90%	1.20%
Earnings Yield	3.66%	4.29%	7.70%	32.73%	7.38%	11.01%
FCF Yield	0.69%	0.79%	-3.33%	-6.92%	-3.43%	-10.38%
Dividend Yield	2.89%	3.28%	5.21%	5.31%	8.30%	12.42%
Payout Ratio	78.56%	78.56%	65.11%	14.54%	69.80%	33.70%
Buyback Yield / Dilution	-1.23%	-0.64%	-0.79%	-0.43%	1.94%	-0.69%
Total Shareholder Return	1.66%	2.64%	4.41%	4.89%	10.25%	11.74%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.