CEC Africa Investments Ratios and Metrics

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

Millions ZMW. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	2015
Period Ending	Mar '26 Mar 5, 2026	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	2015
Market Capitalization	1,268	211	293	325	40	-	Upgrade
Market Cap Growth	16.42%	-27.78%	-10.00%	712.50%	-	-	Upgrade
Enterprise Value	-	3,814	-2,114	-1,503	1,045	-	Upgrade
PE Ratio	-	-	0.14	-	-	-	Upgrade
PS Ratio	-	0.03	0.03	0.10	0.02	-	Upgrade
PB Ratio	-0.24	-0.09	-0.21	-0.05	-0.01	-	Upgrade
P/FCF Ratio	-	0.13	1.25	-	0.04	-	Upgrade
P/OCF Ratio	-	0.11	0.76	-	0.03	-	Upgrade
EV/Sales Ratio	-	0.52	-	-	0.48	-	Upgrade
EV/FCF Ratio	-	2.32	-	-	0.92	-	Upgrade
Debt / Equity Ratio	-0.26	-2.38	-2.89	-0.53	-0.62	-3.78	Upgrade
Debt / EBITDA Ratio	-	-	0.90	-	-	-	Upgrade
Debt / FCF Ratio	-	3.36	17.31	-	1.75	-	Upgrade
Net Debt / Equity Ratio	-0.19	-1.93	-2.79	-0.49	-0.55	-3.53	Upgrade
Net Debt / EBITDA Ratio	-	-55.93	0.88	-1.17	-1.09	-1.25	Upgrade
Net Debt / FCF Ratio	-	2.73	16.75	-2.82	1.55	-0.83	Upgrade
Quick Ratio	0.19	0.32	0.30	0.17	0.13	0.23	Upgrade
Current Ratio	0.19	0.32	0.30	0.17	0.13	0.23	Upgrade
Asset Turnover	-	0.74	1.34	0.54	0.54	0.47	Upgrade
Return on Assets (ROA)	-	-2.12%	35.60%	-29.66%	-26.76%	-20.42%	Upgrade
Return on Capital Employed (ROCE)	-	112.70%	-1075.80%	54.80%	55.10%	367.70%	Upgrade
Earnings Yield	-	-222.01%	717.12%	-464.08%	-3929.01%	-	Upgrade
FCF Yield	-	779.74%	79.81%	-332.06%	2827.87%	-	Upgrade
Buyback Yield / Dilution	-1.20%	-	-	-	-1459.83%	-4.18%	Upgrade

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