Mercuria Holdings Ratios and Metrics

Market cap in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 26, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	16,639	15,207	13,549	11,790	12,087
Market Cap Growth	-4.96%	12.23%	14.93%	-2.46%	-
Enterprise Value	16,540	13,469	11,164	-3,823	-82
Last Close Price	860.00	788.00	681.94	543.29	527.62
PE Ratio	241.60	30.11	12.84	7.55	9.27
PS Ratio	3.18	2.73	2.32	2.56	2.90
PB Ratio	0.98	0.81	0.74	0.67	0.76
P/TBV Ratio	1.04	0.87	0.79	0.71	0.80
P/FCF Ratio	-	23.29	11.39	-	83.36
P/OCF Ratio	-	23.22	10.91	-	67.90
EV/Sales Ratio	3.16	2.42	1.91	-	-
EV/EBITDA Ratio	24.99	12.77	7.90	-	-
EV/EBIT Ratio	28.23	13.81	8.31	-	-
EV/FCF Ratio	-57.23	20.63	9.38	-	-
Debt / Equity Ratio	0.04	-	-	0.05	0.06
Debt / EBITDA Ratio	1.01	-	-	0.40	0.48
Debt / FCF Ratio	-	-	-	-	6.02
Asset Turnover	0.26	0.27	0.30	0.24	-
Quick Ratio	12.94	14.24	24.00	14.95	17.48
Current Ratio	13.29	14.36	24.87	15.97	17.95
Return on Equity (ROE)	0.77%	3.25%	6.71%	10.22%	-
Return on Assets (ROA)	1.76%	2.99%	4.24%	6.76%	-
Return on Capital (ROIC)	1.90%	3.28%	4.59%	7.32%	-
Return on Capital Employed (ROCE)	3.20%	5.00%	7.10%	10.90%	10.30%
Earnings Yield	0.41%	3.32%	7.79%	13.25%	10.79%
FCF Yield	-1.74%	4.29%	8.78%	-3.15%	1.20%
Dividend Yield	2.59%	2.79%	3.08%	3.68%	3.79%
Payout Ratio	631.88%	82.18%	38.86%	26.76%	26.23%
Buyback Yield / Dilution	0.43%	1.18%	4.34%	-20.49%	-
Total Shareholder Return	3.02%	3.97%	7.42%	-16.81%	3.79%

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