Etihad Etisalat Company 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	Feb '26 Feb 23, 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	51,937	50,820	41,118	37,769	26,758	23,986
Market Cap Growth	17.51%	23.60%	8.87%	41.15%	11.56%	8.73%
Enterprise Value	58,177	57,060	47,866	46,415	37,564	36,129
Last Close Price	67.45	66.00	51.21	44.97	31.01	27.18
PE Ratio	14.96	14.66	13.24	16.92	16.15	22.38
Forward PE	13.60	13.39	13.34	16.10	17.66	20.76
PS Ratio	2.64	2.59	2.26	2.25	1.70	1.62
PB Ratio	2.69	2.64	2.18	2.14	1.64	1.58
P/TBV Ratio	4.77	4.66	4.49	4.99	3.06	3.29
P/FCF Ratio	-	7.64	10.97	9.83	7.98	9.24
P/OCF Ratio	7.80	7.64	6.49	6.57	4.71	5.07
PEG Ratio	1.69	6.17	6.17	6.17	6.17	6.17
EV/Sales Ratio	2.96	2.91	2.63	2.77	2.39	2.44
EV/EBITDA Ratio	8.75	8.58	7.27	7.70	6.73	6.47
EV/EBIT Ratio	16.36	16.04	13.56	15.59	16.14	21.84
EV/FCF Ratio	-	8.57	12.77	12.08	11.20	13.91
Debt / Equity Ratio	0.49	0.49	0.50	0.66	0.79	0.92
Debt / EBITDA Ratio	1.41	1.41	1.31	1.74	2.08	2.50
Debt / FCF Ratio	1.40	1.40	2.52	3.00	3.83	5.37
Net Debt / Equity Ratio	0.32	0.32	0.33	0.44	0.61	0.78
Net Debt / EBITDA Ratio	0.94	0.94	0.95	1.29	1.79	2.13
Net Debt / FCF Ratio	0.94	0.94	1.67	2.02	2.98	4.58
Asset Turnover	-	-	0.47	0.44	0.41	0.38
Inventory Turnover	-	-	45.70	57.81	58.46	68.07
Quick Ratio	-	-	0.79	0.73	0.71	0.66
Current Ratio	-	-	0.91	0.85	0.81	0.73
Return on Equity (ROE)	18.17%	18.17%	17.03%	13.14%	10.50%	7.23%
Return on Assets (ROA)	-	-	5.70%	4.83%	3.75%	2.66%
Return on Invested Capital (ROIC)	13.58%	13.68%	13.59%	10.49%	8.11%	5.66%
Return on Capital Employed (ROCE)	-	-	12.60%	10.80%	8.30%	5.80%
Earnings Yield	6.67%	6.82%	7.56%	5.91%	6.19%	4.47%
FCF Yield	-	13.10%	9.12%	10.17%	12.54%	10.83%
Dividend Yield	3.71%	-	4.30%	3.22%	3.71%	3.13%
Payout Ratio	-	-	56.75%	38.19%	38.64%	35.23%
Buyback Yield / Dilution	0.18%	0.18%	-	-	-	-
Total Shareholder Return	3.89%	0.18%	4.30%	3.22%	3.71%	3.13%

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