Nations Royalty Ratios and Metrics

Market cap in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 12, 2026	Mar '25 Mar 31, 2025	May '24 May 31, 2024	Mar '24 Mar 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Market Capitalization	174	68	-	-	-	-
Enterprise Value	171	62	-	-	-	-
Last Close Price	1.12	0.47	-	-	-	-
PS Ratio	128.25	80.62	-	-	-	-
PB Ratio	38.69	12.31	-	-	-	-
P/TBV Ratio	38.69	12.31	-	-	-	-
EV/Sales Ratio	125.84	73.87	-	-	-	-
Net Debt / Equity Ratio	-0.73	-0.85	0.06	-	-2.43	-
Net Debt / FCF Ratio	1.34	1.02	0.06	-	-57.83	-
Asset Turnover	0.25	0.18	-	-	-	-
Quick Ratio	43.06	50.43	0.01	-	1.69	-
Current Ratio	43.64	50.67	0.92	-	1.69	-
Return on Equity (ROE)	-67.10%	-619.10%	-	-	-479.68%	-
Return on Assets (ROA)	-41.32%	-82.51%	-14.35%	-	-	-
Return on Capital Employed (ROCE)	-81.40%	-111.50%	146.00%	9.80%	-58.40%	21.80%
Earnings Yield	-2.06%	-41.97%	-	-	-	-
FCF Yield	-	-6.78%	-	-	-	-
Buyback Yield / Dilution	0.07%	-404.97%	-	-	-67.85%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.