Azrieli Group Ratios and Metrics

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

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	50,777	43,719	36,491	28,839	28,329	36,018
Market Cap Growth	54.50%	19.81%	26.53%	1.80%	-21.35%	45.52%
Enterprise Value	76,147	70,128	58,130	48,126	43,843	48,682
Last Close Price	418.70	360.50	293.63	224.90	214.78	268.10
PE Ratio	26.90	23.14	24.71	12.96	15.77	12.47
PS Ratio	13.00	11.20	11.12	9.80	10.53	15.73
PB Ratio	2.01	1.73	1.53	1.22	1.28	1.73
P/OCF Ratio	26.32	22.66	20.09	21.04	16.16	26.54
EV/Sales Ratio	19.50	17.96	17.72	16.35	16.30	21.26
EV/EBITDA Ratio	33.56	33.28	29.30	26.95	26.64	33.46
EV/EBIT Ratio	33.90	33.65	29.60	28.05	26.90	33.92
Debt / Equity Ratio	1.15	1.15	1.10	0.98	0.88	0.74
Debt / EBITDA Ratio	13.83	13.83	13.21	12.92	11.76	10.51
Net Debt / Equity Ratio	1.00	1.00	0.91	0.77	0.72	0.60
Net Debt / EBITDA Ratio	12.03	12.03	10.88	10.16	9.69	8.52
Asset Turnover	0.06	0.06	0.06	0.06	0.06	0.06
Inventory Turnover	2.87	2.87	217.56	113.88	76.00	63.71
Quick Ratio	0.82	0.82	0.98	1.01	0.78	0.97
Current Ratio	1.03	1.03	1.04	1.06	0.80	1.00
Return on Equity (ROE)	7.68%	7.68%	6.25%	9.71%	8.36%	14.87%
Return on Assets (ROA)	2.14%	2.14%	2.19%	2.09%	2.24%	2.31%
Return on Invested Capital (ROIC)	3.02%	3.15%	3.13%	3.03%	3.51%	3.42%
Earnings Yield	3.72%	4.32%	4.05%	7.71%	6.34%	8.02%
Dividend Yield	1.66%	1.94%	2.25%	3.67%	2.69%	2.46%
Payout Ratio	42.35%	42.35%	67.70%	31.46%	36.17%	20.77%
Buyback Yield / Dilution	0.35%	0.35%	-0.42%	-	-	-
Total Shareholder Return	2.01%	2.30%	1.83%	3.67%	2.69%	2.46%

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