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	Mar '26 Mar 20, 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	4,957	4,241	4,274	2,805	3,047	2,487
Market Cap Growth	35.78%	-0.77%	52.36%	-7.95%	22.52%	62.63%
Enterprise Value	5,527	4,811	4,814	3,193	3,512	2,764
Last Close Price	32.18	27.54	27.85	19.38	21.13	17.85
PE Ratio	38.63	33.18	38.68	58.73	30.62	81.14
Forward PE	53.61	56.67	66.31	38.00	27.32	46.57
PS Ratio	14.73	11.85	13.55	8.38	8.28	12.09
PB Ratio	3.26	2.79	2.70	2.26	2.24	1.88
P/TBV Ratio	3.27	2.80	2.59	2.27	2.22	1.68
P/FCF Ratio	27.84	23.82	-26.44	11.40	-82.77	-3.29
P/OCF Ratio	16.05	13.74	15.47	9.33	9.59	15.07
EV/Sales Ratio	16.42	13.44	15.26	9.54	9.55	13.44
EV/EBITDA Ratio	16.59	14.44	16.42	10.10	9.99	14.31
EV/EBIT Ratio	27.94	24.29	28.55	32.30	24.71	73.35
EV/FCF Ratio	31.04	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	2.60%	3.01%	2.59%	1.70%	3.27%	1.23%
FCF Yield	3.59%	4.20%	-3.78%	8.77%	-1.21%	-30.44%
Dividend Yield	4.24%	4.90%	4.68%	6.30%	5.22%	4.92%
Payout Ratio	161.32%	161.32%	180.93%	370.07%	158.31%	394.50%
Buyback Yield / Dilution	-0.05%	-0.05%	-4.96%	-0.17%	-0.22%	-15.48%
Total Shareholder Return	4.20%	4.86%	-0.28%	6.12%	5.01%	-10.55%

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