NOTE AB (publ) (STO:NOTE)

NOTE AB Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 4, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	5,312	4,290	4,304	5,188	6,603	1,691
Market Cap Growth	22.30%	-0.34%	-17.04%	-21.43%	290.47%	48.46%
Enterprise Value	5,557	4,630	5,035	5,666	6,899	1,782
Last Close Price	186.50	141.88	142.36	171.60	221.45	57.14
PE Ratio	20.73	17.30	13.45	20.41	34.02	14.62
PS Ratio	1.39	1.10	1.01	1.41	2.50	0.90
PB Ratio	3.48	2.62	3.08	4.72	8.25	2.98
P/TBV Ratio	4.42	3.27	3.97	5.78	10.58	3.83
P/FCF Ratio	10.09	8.37	17.21	1536.29	-	9.79
P/OCF Ratio	8.48	7.13	12.59	104.20	-	8.96
EV/Sales Ratio	1.46	1.19	1.19	1.54	2.61	0.95
EV/EBITDA Ratio	11.49	10.33	11.03	13.68	22.60	10.51
EV/EBIT Ratio	15.18	12.79	13.17	15.72	26.21	12.72
EV/FCF Ratio	10.56	9.04	20.13	1677.84	-	10.32
Debt / Equity Ratio	0.40	0.39	0.54	0.50	0.59	0.27
Debt / EBITDA Ratio	1.28	1.31	1.54	1.26	1.44	0.82
Debt / FCF Ratio	1.17	1.23	3.01	163.76	-	0.89
Asset Turnover	1.21	1.21	1.42	1.50	1.62	1.67
Inventory Turnover	3.39	3.00	2.93	3.00	3.69	4.56
Quick Ratio	1.05	1.06	0.72	0.67	0.69	0.98
Current Ratio	1.72	1.85	1.61	1.53	1.45	1.82
Return on Equity (ROE)	16.63%	16.35%	25.65%	26.78%	28.37%	22.40%
Return on Assets (ROA)	7.26%	7.04%	7.99%	9.14%	10.05%	7.82%
Return on Capital (ROIC)	10.53%	10.24%	12.58%	15.43%	16.53%	12.06%
Return on Capital Employed (ROCE)	19.80%	18.40%	22.00%	27.90%	26.70%	20.70%
Earnings Yield	4.84%	5.78%	7.43%	4.90%	2.94%	6.84%
FCF Yield	9.91%	11.94%	5.81%	0.07%	-0.92%	10.22%
Dividend Yield	3.75%	4.93%	-	-	-	-
Buyback Yield / Dilution	1.42%	0.56%	-0.04%	-0.38%	-1.11%	-2.06%
Total Shareholder Return	5.25%	5.50%	-0.04%	-0.38%	-1.11%	-2.06%

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