IST:ARFYE Ratios and Metrics

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020
Period Ending	Apr '26 Apr 29, 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
Debt / Equity Ratio	0.28	0.28	0.20	0.18	0.31	0.39	Upgrade
Debt / EBITDA Ratio	7.15	7.15	6.20	1.77	6.75	0.86	Upgrade
Debt / FCF Ratio	-	-	-	7.23	-	-	Upgrade
Net Debt / Equity Ratio	-0.12	-0.12	0.20	0.16	0.24	0.24	Upgrade
Net Debt / EBITDA Ratio	-3.17	-3.17	6.24	1.58	5.11	0.53	Upgrade
Net Debt / FCF Ratio	-	-	-8.41	6.43	-4.32	-0.34	Upgrade
Quick Ratio	1.74	1.74	3.33	4.27	3.17	4.05	Upgrade
Current Ratio	1.90	1.90	3.45	4.45	3.27	4.09	Upgrade
Asset Turnover	0.13	0.13	0.09	0.25	0.15	0.52	Upgrade
Return on Equity (ROE)	-9.55%	-9.55%	0.73%	14.13%	1.35%	64.03%	Upgrade
Return on Assets (ROA)	0.51%	0.51%	0.06%	4.75%	1.47%	26.13%	Upgrade
Return on Capital Employed (ROCE)	0.90%	0.90%	0.10%	6.20%	2.20%	30.40%	Upgrade
Buyback Yield / Dilution	-40.75%	-0.54%	-	-40.00%	-155.44%	-1959.99%	Upgrade

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