Serena Energia Ratios and Metrics

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Nov '25 Nov 12, 2025	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	2019 - 2015
Market Capitalization	7,858	3,425	6,358	5,978	7,022	7,907	Upgrade
Market Cap Growth	52.41%	-46.13%	6.35%	-14.87%	-11.19%	31.32%	Upgrade
Enterprise Value	17,791	13,960	15,057	12,725	12,487	10,815	Upgrade
PE Ratio	130.89	11.51	101.18	-	11.74	160.21	Upgrade
PS Ratio	1.26	0.83	2.09	2.45	29.47	7.17	Upgrade
PB Ratio	1.44	0.60	1.21	1.16	1.63	2.06	Upgrade
P/FCF Ratio	-	157.33	-	-	-	51.22	Upgrade
P/OCF Ratio	20.86	8.59	11.11	72.64	151.57	38.12	Upgrade
EV/Sales Ratio	2.85	3.38	4.96	5.22	52.40	9.81	Upgrade
EV/EBITDA Ratio	8.41	7.27	11.31	13.31	14.99	17.30	Upgrade
EV/EBIT Ratio	13.64	11.83	17.32	23.28	15.65	29.28	Upgrade
EV/FCF Ratio	-425.15	641.31	-	-	-	70.06	Upgrade
Debt / Equity Ratio	2.15	2.12	1.90	1.64	1.43	1.57	Upgrade
Debt / EBITDA Ratio	5.58	6.31	7.47	8.88	7.40	9.52	Upgrade
Debt / FCF Ratio	-	556.03	-	-	-	39.01	Upgrade
Quick Ratio	0.78	0.86	0.38	0.76	1.11	2.16	Upgrade
Current Ratio	0.78	0.99	0.47	0.95	1.49	2.16	Upgrade
Asset Turnover	0.31	0.22	0.19	0.17	0.02	0.12	Upgrade
Return on Equity (ROE)	0.99%	5.44%	1.19%	-0.17%	14.68%	1.63%	Upgrade
Return on Assets (ROA)	4.04%	3.96%	3.35%	2.44%	4.29%	2.59%	Upgrade
Return on Capital (ROIC)	4.71%	4.47%	3.77%	2.83%	4.90%	2.76%	Upgrade
Return on Capital Employed (ROCE)	8.00%	6.80%	6.80%	4.30%	7.20%	3.70%	Upgrade
Earnings Yield	0.66%	8.69%	0.99%	-0.13%	8.52%	0.62%	Upgrade
FCF Yield	-0.53%	0.64%	-30.77%	-43.21%	-0.63%	1.95%	Upgrade
Buyback Yield / Dilution	13.97%	-8.69%	-248.67%	75.48%	-36.36%	-25.86%	Upgrade
Total Shareholder Return	13.97%	-8.69%	-248.67%	75.48%	-36.36%	-25.86%	Upgrade

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