Musharaka REIT Fund Ratios and Metrics

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

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 11, 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	352	359	415	510	779	873
Market Cap Growth	-9.09%	-13.56%	-18.48%	-34.58%	-10.79%	0.92%
Enterprise Value	1,114	1,118	1,160	1,277	1,493	1,302
Last Close Price	4.00	3.98	4.36	5.15	7.59	8.00
PE Ratio	-	-	-	-	71.45	29.23
PS Ratio	3.62	3.70	3.92	4.78	6.94	8.67
PB Ratio	0.57	0.59	0.56	0.65	0.95	1.02
P/OCF Ratio	53.46	54.53	15.13	82.87	13.91	21.28
EV/Sales Ratio	11.46	11.50	10.93	11.97	13.31	12.93
EV/EBITDA Ratio	17.85	20.61	19.26	23.46	21.21	18.79
EV/EBIT Ratio	35.75	35.88	31.25	40.45	30.46	24.65
Debt / Equity Ratio	1.29	1.29	1.08	1.01	0.98	0.64
Debt / EBITDA Ratio	12.67	12.67	11.76	12.70	10.25	7.17
Net Debt / Equity Ratio	1.24	1.24	1.00	1.00	0.93	0.56
Net Debt / EBITDA Ratio	14.04	14.04	12.40	14.34	10.79	6.98
Asset Turnover	0.06	0.06	0.07	0.07	0.07	0.07
Quick Ratio	6.84	6.84	6.29	3.79	5.44	6.60
Current Ratio	6.87	6.87	6.35	4.47	6.19	6.60
Return on Equity (ROE)	-16.18%	-16.18%	-2.91%	-1.04%	1.30%	3.43%
Return on Assets (ROA)	1.29%	1.29%	1.44%	1.20%	1.98%	2.36%
Return on Invested Capital (ROIC)	2.22%	2.11%	2.37%	1.98%	3.25%	3.62%
Earnings Yield	-31.22%	-30.61%	-5.37%	-1.64%	1.40%	3.42%
Dividend Yield	6.00%	6.02%	5.50%	3.30%	6.59%	7.50%
Payout Ratio	-	-	-	-	484.38%	175.20%
Total Shareholder Return	6.00%	6.02%	5.50%	3.30%	6.59%	7.50%