Clarke Ratios and Metrics

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 18, 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 Cap	354	284	329	199	176	149
Market Cap Growth	13.78%	-13.62%	65.17%	13.53%	18.05%	47.86%
Enterprise Value	664	568.66	513.08	324.58	333.64	264.05
Last Close Price	22.87	20.93	23.60	14.28	12.48	10.32
PE Ratio	10.51	22.03	8.71	59.50	54.26	10.75
PS Ratio	4.29	3.49	4.37	2.71	2.73	3.59
PB Ratio	1.24	0.99	1.19	0.86	0.82	0.71
P/TBV Ratio	1.08	1.00	1.19	0.88	0.83	0.91
P/FCF Ratio	37.96	68.02	78.36	-	-	-
P/OCF Ratio	17.45	17.66	18.41	24.44	51.61	-
EV/Sales Ratio	8.06	6.97	6.81	4.42	5.19	6.38
EV/EBITDA Ratio	22.17	35.47	36.24	39.05	37.12	233.47
EV/EBIT Ratio	38.27	35.47	36.24	39.05	37.12	233.47
EV/FCF Ratio	71.24	136.01	122.11	-	-	-
Debt / Equity Ratio	0.77	0.70	0.34	0.54	0.38	0.47
Debt / EBITDA Ratio	16.12	17.77	13.04	15.18	17.71	120.70
Debt / FCF Ratio	33.39	68.12	43.94	-	-	-
Net Debt / Equity Ratio	1.09	0.99	0.66	0.54	0.74	0.55
Net Debt / EBITDA Ratio	16.07	17.73	12.98	15.07	17.59	101.96
Net Debt / FCF Ratio	33.29	67.99	43.75	-113.24	-39.02	-8.25
Asset Turnover	0.13	0.14	0.17	0.18	0.16	0.12
Inventory Turnover	-	-	-	1.33	1.13	-
Quick Ratio	0.04	0.05	0.05	0.15	0.07	0.57
Current Ratio	0.05	0.06	0.06	0.49	0.62	0.61
Return on Equity (ROE)	10.32%	4.62%	14.90%	1.54%	1.52%	8.68%
Return on Assets (ROA)	1.86%	2.09%	2.54%	1.37%	1.36%	0.27%
Return on Invested Capital (ROIC)	1.56%	1.76%	2.30%	1.35%	1.30%	0.28%
Return on Capital Employed (ROCE)	3.34%	3.76%	3.84%	2.56%	2.92%	0.36%
Earnings Yield	8.35%	4.54%	11.48%	1.68%	1.84%	9.30%
FCF Yield	2.63%	1.47%	1.28%	-	-	-
Buyback Yield / Dilution	2.79%	1.50%	2.18%	-0.20%	22.48%	-15.69%
Total Shareholder Return	2.79%	1.50%	2.18%	-0.20%	22.48%	-15.69%