Quercus TFI Ratios and Metrics

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 15, 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 Capitalization	591	599	423	320	181	241
Market Cap Growth	10.63%	41.85%	32.07%	76.99%	-25.06%	19.36%
Enterprise Value	360	490	379	281	113	228
Last Close Price	11.68	12.60	7.66	5.80	3.20	4.10
PE Ratio	8.21	9.95	9.77	10.34	12.82	9.61
PS Ratio	2.65	2.96	2.73	2.73	1.99	2.93
PB Ratio	3.25	4.65	3.53	3.05	2.09	2.69
P/TBV Ratio	3.58	5.28	3.97	3.43	2.42	2.94
P/FCF Ratio	-	10.08	13.14	13.29	-	19.92
P/OCF Ratio	4.59	10.08	13.14	12.32	-	18.89
EV/Sales Ratio	1.61	2.42	2.45	2.39	1.24	2.77
EV/EBITDA Ratio	4.36	6.85	7.58	8.62	7.10	7.93
EV/EBIT Ratio	4.59	7.10	7.79	8.94	7.96	8.20
EV/FCF Ratio	-	8.25	11.79	11.67	-	18.80
Debt / Equity Ratio	0.03	0.04	0.03	0.04	0.05	0.04
Debt / EBITDA Ratio	0.06	0.07	0.06	0.13	0.24	0.12
Debt / FCF Ratio	0.04	0.09	0.10	0.19	-	0.29
Net Debt / Equity Ratio	-1.31	-1.07	-0.80	-0.61	-0.62	-0.90
Net Debt / EBITDA Ratio	-2.94	-1.92	-1.92	-1.97	-3.39	-2.81
Net Debt / FCF Ratio	-1.86	-2.31	-2.99	-2.67	20.53	-6.65
Asset Turnover	0.84	0.93	0.78	0.65	0.51	0.58
Quick Ratio	1.97	1.72	1.99	1.38	1.30	1.26
Current Ratio	1.97	1.73	2.00	1.39	1.32	1.27
Return on Equity (ROE)	44.96%	50.29%	39.78%	33.17%	16.70%	33.61%
Return on Assets (ROA)	18.56%	19.84%	15.36%	10.84%	4.99%	12.24%
Return on Invested Capital (ROIC)	-	749.57%	122.18%	69.34%	56.56%	121.42%
Return on Capital Employed (ROCE)	40.90%	50.00%	39.10%	24.20%	13.50%	26.10%
Earnings Yield	11.37%	10.05%	10.23%	9.67%	7.80%	10.41%
FCF Yield	-	9.92%	7.61%	7.52%	-1.45%	5.02%
Payout Ratio	1.68%	1.87%	1.77%	1.57%	2.16%	-
Buyback Yield / Dilution	8.05%	8.67%	5.57%	2.35%	4.65%	-3.48%
Total Shareholder Return	8.05%	8.67%	5.57%	2.35%	4.65%	-3.48%

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