Pinetree Capital 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	87	103	34	37	51	14
Market Cap Growth	-26.77%	205.56%	-9.77%	-26.79%	272.10%	-1.30%
Enterprise Value	79	100	31	36	38	11
Last Close Price	9.30	11.00	3.60	3.99	5.45	3.04
PE Ratio	3.08	3.19	5.87	31.74	35.07	11.43
Forward PE	-	4.60	4.60	4.60	4.60	4.60
PS Ratio	2.87	3.10	5.08	16.36	21.37	8.19
PB Ratio	0.98	1.33	0.75	0.95	1.33	0.72
P/TBV Ratio	0.98	1.33	0.75	0.95	1.33	0.72
P/FCF Ratio	-	34.90	-	-	-	-
P/OCF Ratio	18.31	34.90	-	-	-	-
EV/Sales Ratio	2.59	2.99	4.71	15.69	15.80	6.43
EV/EBIT Ratio	2.73	3.06	5.30	24.56	21.56	8.08
EV/FCF Ratio	-	33.63	-	-	-	-
Debt / Equity Ratio	0.00	0.00	0.00	0.01	0.01	0.01
Debt / FCF Ratio	0.04	0.06	-	-	-	-
Asset Turnover	0.40	0.54	0.16	0.06	0.08	0.09
Quick Ratio	6.24	8.98	5.75	13.76	24.26	7.81
Current Ratio	6.28	9.10	6.10	13.90	24.26	7.81
Return on Equity (ROE)	38.03%	52.53%	13.54%	3.02%	5.07%	6.50%
Return on Assets (ROA)	23.91%	32.77%	8.60%	2.32%	3.76%	4.42%
Return on Invested Capital (ROIC)	35.28%	55.92%	15.26%	4.68%	7.72%	9.10%
Return on Capital Employed (ROCE)	32.50%	41.80%	13.00%	3.70%	4.60%	7.00%
Earnings Yield	32.46%	31.31%	17.02%	3.15%	2.85%	8.75%
FCF Yield	-	2.87%	-11.47%	-10.40%	-21.33%	-36.96%
Buyback Yield / Dilution	-	-	-	-23.24%	-68.42%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.