Acadian Timber Ratios and Metrics

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 10, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	307	308	295	253	320	269
Market Cap Growth	-0.38%	4.49%	16.62%	-21.05%	19.13%	-3.25%
Enterprise Value	417	401	400	357	410	368
Last Close Price	16.64	16.28	14.99	12.21	14.60	11.54
PE Ratio	20.19	14.17	10.01	7.12	17.13	12.17
Forward PE	18.29	16.79	19.63	16.27	18.44	15.19
PS Ratio	3.60	2.65	3.15	2.79	3.34	2.95
PB Ratio	0.91	0.91	0.92	0.83	1.10	0.92
P/TBV Ratio	0.92	0.93	0.94	0.85	1.12	0.94
P/FCF Ratio	269.39	13.08	30.09	17.01	20.13	13.26
P/OCF Ratio	66.47	9.04	28.30	16.59	19.72	13.03
EV/Sales Ratio	4.90	3.45	4.28	3.95	4.29	4.04
EV/EBITDA Ratio	30.23	16.59	20.06	19.68	18.64	17.42
EV/EBIT Ratio	33.97	16.95	20.43	19.99	18.87	17.65
EV/FCF Ratio	366.17	17.03	40.82	24.03	25.82	18.15
Debt / Equity Ratio	0.33	0.34	0.33	0.36	0.35	0.35
Debt / EBITDA Ratio	8.17	4.75	5.29	5.95	4.58	4.79
Debt / FCF Ratio	98.90	4.88	10.77	7.27	6.35	4.99
Net Debt / Equity Ratio	0.33	0.29	0.33	0.34	0.32	0.31
Net Debt / EBITDA Ratio	7.99	4.12	5.20	5.61	4.25	4.31
Net Debt / FCF Ratio	96.78	4.23	10.59	6.85	5.89	4.49
Asset Turnover	0.14	0.20	0.17	0.17	0.19	0.18
Inventory Turnover	33.36	9.13	7.62	38.95	54.91	49.51
Quick Ratio	0.74	0.38	0.89	0.90	1.16	1.37
Current Ratio	0.88	0.42	1.96	1.01	1.26	1.44
Return on Equity (ROE)	4.46%	6.61%	9.45%	11.93%	6.39%	7.61%
Return on Assets (ROA)	1.29%	2.51%	2.19%	2.10%	2.64%	2.57%
Return on Invested Capital (ROIC)	2.08%	3.85%	3.47%	3.27%	4.00%	3.85%
Return on Capital Employed (ROCE)	2.10%	4.30%	3.50%	3.40%	4.30%	4.20%
Earnings Yield	4.83%	7.06%	9.99%	14.05%	5.84%	8.22%
FCF Yield	0.37%	7.65%	3.32%	5.88%	4.97%	7.54%
Dividend Yield	6.98%	7.13%	7.74%	9.50%	7.95%	10.05%
Payout Ratio	69.83%	52.85%	50.51%	45.07%	103.60%	87.67%
Buyback Yield / Dilution	-3.43%	-2.58%	-1.98%	-0.63%	-	0.00%
Total Shareholder Return	3.55%	4.54%	5.76%	8.87%	7.95%	10.05%

Updated Sep 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.