OR Royalties 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 11, 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	10,948	4,858	3,501	3,002	2,577	2,692
Market Cap Growth	121.71%	38.74%	16.65%	16.49%	-4.28%	35.46%
Enterprise Value	10,808	4,872	3,748	3,007	3,009	2,941
Last Close Price	58.24	25.84	18.57	15.82	14.79	15.19
PE Ratio	53.56	207.55	-	-	-	159.52
Forward PE	31.16	29.59	34.94	36.55	33.10	28.88
PS Ratio	32.26	17.66	14.47	13.78	11.46	12.60
PB Ratio	5.63	2.84	2.13	1.73	1.45	1.46
P/TBV Ratio	5.97	3.04	2.28	1.85	1.69	1.67
P/FCF Ratio	-	21.11	19.15	27.30	24.29	74.89
P/OCF Ratio	37.11	21.11	19.15	27.30	24.29	24.93
PEG Ratio	-	1.65	1.65	1.65	0.97	0.91
EV/Sales Ratio	31.85	17.71	15.49	13.81	13.38	13.77
EV/EBITDA Ratio	42.29	20.97	19.86	16.97	18.29	25.59
EV/EBIT Ratio	54.70	43.23	44.02	24.45	26.83	70.52
EV/FCF Ratio	-	21.17	20.50	27.35	28.37	81.81
Debt / Equity Ratio	0.00	0.08	0.12	0.09	0.23	0.22
Debt / EBITDA Ratio	0.03	0.61	1.06	0.88	2.49	3.58
Debt / FCF Ratio	0.03	0.62	1.09	1.42	3.87	11.46
Net Debt / Equity Ratio	-0.07	0.03	0.08	0.04	0.17	0.06
Net Debt / EBITDA Ratio	-0.49	0.25	0.66	0.37	1.79	0.92
Net Debt / FCF Ratio	-0.47	0.25	0.68	0.59	2.78	2.94
Asset Turnover	0.17	0.13	0.12	0.10	0.09	0.10
Inventory Turnover	-	-	1243.20	1.73	2.63	10.91
Quick Ratio	4.34	4.26	4.02	5.72	0.38	2.91
Current Ratio	4.37	4.37	4.11	5.87	0.44	3.06
Return on Equity (ROE)	11.26%	1.33%	-2.92%	4.85%	4.23%	0.97%
Return on Assets (ROA)	7.13%	3.42%	2.69%	3.52%	2.94%	1.20%
Return on Invested Capital (ROIC)	10.70%	3.29%	4.82%	4.61%	4.18%	1.37%
Return on Capital Employed (ROCE)	11.10%	5.70%	4.40%	6.20%	5.50%	1.80%
Earnings Yield	1.88%	0.48%	-1.41%	-3.96%	-0.91%	0.63%
FCF Yield	-	4.74%	5.22%	3.66%	4.12%	1.33%
Dividend Yield	0.51%	0.99%	1.27%	1.39%	1.42%	1.32%
Payout Ratio	26.86%	188.42%	-	-	-	171.33%
Buyback Yield / Dilution	-1.57%	-1.38%	-2.43%	-7.77%	-3.20%	-7.38%
Total Shareholder Return	-1.05%	-0.39%	-1.16%	-6.38%	-1.78%	-6.06%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.