Lundin Gold Ratios and Metrics

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 3, 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 Cap	195,361	252,258	67,484	36,052	28,569	22,283
Market Cap Growth	188.65%	273.80%	87.19%	26.19%	28.21%	-3.31%
Enterprise Value	189,565	246,483	64,284	36,396	31,360	26,657
PE Ratio	26.76	25.40	12.14	16.63	31.45	8.77
Forward PE	19.02	21.27	10.63	15.80	15.81	11.43
PS Ratio	11.89	15.44	6.17	4.36	3.82	3.32
PB Ratio	15.54	20.18	6.05	4.12	3.66	2.99
P/TBV Ratio	141.22	20.27	6.09	4.14	3.68	3.00
P/FCF Ratio	22.62	29.38	12.70	8.35	8.38	6.74
P/OCF Ratio	20.72	26.91	11.12	7.57	7.32	5.82
EV/Sales Ratio	11.56	15.09	5.88	4.40	4.20	3.97
EV/EBITDA Ratio	16.66	25.79	11.96	10.17	10.22	9.06
EV/EBIT Ratio	18.70	29.63	15.61	15.65	16.75	13.62
EV/FCF Ratio	21.95	28.70	12.10	8.43	9.20	8.06
Debt / Equity Ratio	-	0	0	0.32	0.78	0.91
Debt / EBITDA Ratio	-	-	-	0.78	1.99	2.30
Debt / FCF Ratio	-	-	-	0.65	1.80	2.05
Net Debt / Equity Ratio	-0.46	-0.46	-0.29	0.04	0.36	0.59
Net Debt / EBITDA Ratio	-0.60	-0.60	-0.59	0.10	0.91	1.49
Net Debt / FCF Ratio	-0.67	-0.67	-0.60	0.08	0.82	1.32
Asset Turnover	1.08	1.08	0.80	0.58	0.49	0.46
Inventory Turnover	6.15	6.15	5.51	5.22	5.10	5.21
Quick Ratio	2.29	2.29	2.70	2.31	1.21	1.38
Current Ratio	2.53	2.53	3.13	2.85	1.44	1.70
Return on Equity (ROE)	61.40%	61.40%	39.23%	19.85%	8.83%	31.60%
Return on Assets (ROA)	38.62%	38.62%	20.16%	10.19%	5.05%	11.53%
Return on Invested Capital (ROIC)	61.97%	61.97%	27.54%	13.55%	6.55%	13.50%
Return on Capital Employed (ROCE)	66.98%	66.98%	34.67%	20.23%	15.70%	16.14%
Earnings Yield	3.74%	3.94%	8.24%	6.01%	3.18%	11.41%
FCF Yield	4.42%	3.40%	7.88%	11.98%	11.94%	14.84%
Dividend Yield	3.30%	3.32%	2.81%	3.21%	2.05%	0.00%
Payout Ratio	83.80%	83.80%	33.76%	52.89%	63.94%	0.00%
Buyback Yield / Dilution	-0.09%	-0.07%	-0.30%	-0.36%	-0.36%	-0.76%
Total Shareholder Return	3.21%	3.25%	2.51%	2.85%	1.69%	-0.76%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.