Real Bulland AD Ratios and Metrics

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Feb '26 Feb 12, 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	2020 - 2016
Market Capitalization	15	14	10	10	8	6	Upgrade
Market Cap Growth	-	37.71%	2.40%	33.72%	25.24%	16.50%	Upgrade
Enterprise Value	14	13	9	10	7	5	Upgrade
Last Close Price	1.48	1.40	1.27	1.22	1.21	1.14	Upgrade
PE Ratio	41.86	39.98	27.33	12.15	8.65	24.63	Upgrade
PS Ratio	42.68	40.32	48.61	45.95	41.81	41.16	Upgrade
PB Ratio	1.15	1.08	1.00	0.99	1.09	1.24	Upgrade
P/TBV Ratio	1.15	1.08	1.00	0.99	1.09	1.24	Upgrade
P/OCF Ratio	46.95	44.35	100.05	628.95	13.94	-	Upgrade
EV/Sales Ratio	39.49	37.85	42.97	45.71	37.21	34.76	Upgrade
EV/EBITDA Ratio	34.57	33.15	759.19	526.80	239.22	-	Upgrade
EV/EBIT Ratio	34.66	33.23	828.21	556.07	248.08	-	Upgrade
Debt / Equity Ratio	0.15	0.15	0.19	-	-	-	Upgrade
Debt / EBITDA Ratio	4.99	4.99	167.17	-	-	-	Upgrade
Net Debt / Equity Ratio	-0.07	-0.07	0.17	-0.24	-0.05	-0.05	Upgrade
Net Debt / EBITDA Ratio	-2.40	-2.40	143.08	-128.95	-12.18	5.95	Upgrade
Asset Turnover	0.03	0.03	0.02	0.03	0.03	0.03	Upgrade
Quick Ratio	7.25	7.25	1.13	12.60	2.02	2.94	Upgrade
Current Ratio	7.25	7.25	1.13	12.60	2.02	2.94	Upgrade
Return on Equity (ROE)	3.03%	3.03%	3.68%	9.70%	14.78%	5.17%	Upgrade
Return on Assets (ROA)	1.78%	1.78%	0.06%	0.13%	0.28%	-0.52%	Upgrade
Return on Invested Capital (ROIC)	3.29%	3.28%	0.10%	0.25%	0.48%	-0.97%	Upgrade
Return on Capital Employed (ROCE)	2.70%	2.70%	0.10%	0.20%	0.40%	-0.80%	Upgrade
Earnings Yield	2.36%	2.50%	3.66%	8.23%	11.56%	4.06%	Upgrade
Dividend Yield	1.33%	-	-	1.64%	0.83%	-	Upgrade
Payout Ratio	28.45%	28.45%	42.71%	7.25%	-	-	Upgrade
Buyback Yield / Dilution	-25.90%	-25.90%	-	-33.74%	-20.23%	-	Upgrade
Total Shareholder Return	-24.57%	-25.90%	-	-32.10%	-19.41%	-	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.