Newag Ratios and Metrics

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 24, 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	5,535	1,904	972	608	936	1,179
Market Cap Growth	141.18%	95.83%	60.00%	-35.10%	-20.61%	22.43%
Enterprise Value	5,414	1,975	1,260	1,106	1,522	1,767
Last Close Price	123.00	41.16	20.33	12.71	19.34	22.93
PE Ratio	17.69	15.59	10.21	26.69	13.06	5.39
Forward PE	22.26	19.64	19.64	19.64	19.64	19.64
PS Ratio	2.49	1.20	0.79	0.63	1.02	0.89
PB Ratio	5.15	2.16	1.21	0.86	1.34	1.63
P/TBV Ratio	5.33	2.21	1.24	0.88	1.39	1.68
P/FCF Ratio	19.46	-	1.47	-	12.60	5.95
P/OCF Ratio	16.30	-	1.40	-	6.82	4.55
EV/Sales Ratio	2.44	1.24	1.02	1.15	1.66	1.34
EV/EBITDA Ratio	11.10	8.62	7.31	13.53	13.61	5.98
EV/EBIT Ratio	12.47	10.03	8.77	20.49	18.26	6.54
EV/FCF Ratio	19.03	-	1.90	-	20.48	8.91
Debt / Equity Ratio	0.17	0.16	0.27	0.57	0.61	0.60
Debt / EBITDA Ratio	0.37	0.57	1.16	4.28	3.40	1.42
Debt / FCF Ratio	0.63	-	0.33	-	5.71	2.20
Net Debt / Equity Ratio	-0.11	-0.14	-0.33	0.51	0.43	0.47
Net Debt / EBITDA Ratio	-0.26	-0.56	-1.56	4.42	2.65	1.15
Net Debt / FCF Ratio	-0.43	1.61	-0.41	-17.51	3.99	1.72
Asset Turnover	1.15	0.92	0.78	0.68	0.66	0.96
Inventory Turnover	2.37	2.27	1.89	1.61	1.71	2.46
Quick Ratio	0.90	0.74	0.85	0.67	0.74	0.92
Current Ratio	1.76	1.62	1.51	1.62	1.62	1.83
Return on Equity (ROE)	32.61%	14.59%	12.58%	3.23%	10.02%	34.28%
Return on Assets (ROA)	14.09%	7.11%	5.70%	2.39%	3.72%	12.26%
Return on Invested Capital (ROIC)	35.53%	25.00%	15.07%	5.23%	7.27%	23.96%
Return on Capital Employed (ROCE)	36.40%	19.50%	15.20%	6.40%	9.90%	28.60%
Earnings Yield	5.66%	6.42%	9.79%	3.75%	7.66%	18.55%
FCF Yield	5.14%	-4.16%	68.09%	-3.40%	7.94%	16.81%
Dividend Yield	1.63%	4.86%	4.72%	-	1.29%	6.54%
Payout Ratio	28.75%	35.37%	-	49.43%	94.19%	20.58%
Buyback Yield / Dilution	-0.92%	-	-	-	-	-
Total Shareholder Return	0.73%	4.86%	4.72%	-	1.29%	6.54%

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