Topaz Energy 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	Apr '26 Apr 9, 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	4,709	4,241	4,274	2,805	3,047	2,487
Market Cap Growth	25.24%	-0.77%	52.36%	-7.95%	22.52%	62.63%
Enterprise Value	5,279	4,811	4,814	3,193	3,512	2,764
Last Close Price	29.97	27.54	27.85	19.38	21.13	17.85
PE Ratio	36.66	33.18	38.68	58.73	30.62	81.14
Forward PE	50.88	56.67	66.31	38.00	27.32	46.57
PS Ratio	13.99	11.85	13.55	8.38	8.28	12.09
PB Ratio	3.10	2.79	2.70	2.26	2.24	1.88
P/TBV Ratio	3.04	2.80	2.59	2.27	2.22	1.68
P/FCF Ratio	26.44	23.82	-26.44	11.40	-82.77	-3.29
P/OCF Ratio	15.25	13.74	15.47	9.33	9.59	15.07
EV/Sales Ratio	15.69	13.44	15.26	9.54	9.55	13.44
EV/EBITDA Ratio	15.85	14.44	16.42	10.10	9.99	14.31
EV/EBIT Ratio	26.68	24.29	28.55	32.30	24.71	73.35
EV/FCF Ratio	29.65	27.02	-29.78	12.98	-95.39	-3.65
Debt / Equity Ratio	0.38	0.38	0.34	0.31	0.34	0.21
Debt / EBITDA Ratio	1.71	1.71	1.84	1.24	1.32	1.43
Debt / FCF Ratio	3.21	3.21	-3.34	1.59	-12.62	-0.37
Net Debt / Equity Ratio	0.38	0.38	0.34	0.31	0.34	0.21
Net Debt / EBITDA Ratio	1.71	1.71	1.84	1.23	1.32	1.43
Net Debt / FCF Ratio	3.20	3.20	-3.34	1.58	-12.62	-0.37
Asset Turnover	0.16	0.16	0.16	0.19	0.21	0.16
Quick Ratio	10.30	10.30	4.29	7.17	13.81	10.18
Current Ratio	11.26	11.26	5.22	8.52	15.36	10.53
Return on Equity (ROE)	8.30%	8.30%	7.48%	3.66%	7.39%	2.37%
Return on Assets (ROA)	6.71%	6.71%	6.55%	3.92%	6.41%	2.32%
Return on Invested Capital (ROIC)	6.72%	6.72%	6.58%	3.94%	6.43%	2.53%
Return on Capital Employed (ROCE)	8.95%	8.95%	8.76%	5.70%	8.27%	2.88%
Earnings Yield	2.73%	3.01%	2.59%	1.70%	3.27%	1.23%
FCF Yield	3.78%	4.20%	-3.78%	8.77%	-1.21%	-30.44%
Dividend Yield	4.47%	4.90%	4.68%	6.30%	5.22%	4.92%
Payout Ratio	163.86%	161.32%	180.93%	370.07%	158.31%	394.50%
Buyback Yield / Dilution	-4.96%	-4.96%	-1.21%	-1.44%	-15.23%	-37.34%
Total Shareholder Return	-0.49%	-0.05%	3.47%	4.85%	-10.01%	-32.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.