Abu Dhabi Ship Building

Abu Dhabi Ship Building Co.

ADSBStocksAbu Dhabi Securities ExchangeIndustrials

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	1.76B	1.78B	1.14B	0.87B	0.87B
Market Cap Growth	+34.8%	+56.1%	+31.2%	—	+2.5%
Enterprise Value	1.50B	1.73B	0.92B	0.37B	0.66B
Last Close Price	8.29	8.18	5.07	3.77	3.72
Valuation Multiples
PE Ratio	49.37	58.79	14.75	21.53	42.49
PS Ratio	1.11	1.27	0.76	0.69	1.32
PB Ratio	5.38	5.56	3.45	3.17	3.53
P/TBV Ratio	5.44	5.63	3.48	3.18	3.53
P/FCF Ratio	—	—	—	1.79	—
P/OCF Ratio	—	—	—	1.71	—
EV/Sales Ratio	0.95	1.23	0.61	0.30	1.00
EV/EBITDA Ratio	27.11	39.96	8.36	8.25	19.05
EV/EBIT Ratio	52.75	88.40	10.23	12.49	33.11
EV/FCF Ratio	—	—	—	0.76	—
Leverage & Capital
Debt / Equity Ratio	0.38	0.40	0.49	0.03	0.19
Debt / EBITDA Ratio	2.26	2.82	1.46	0.17	1.27
Debt / FCF Ratio	—	—	—	0.02	—
Net Debt / Equity Ratio	-0.79	-0.88	-1.58	-2.69	-1.07
Net Debt / EBITDA Ratio	-4.83	-6.52	-4.76	-16.39	-7.61
Net Debt / FCF Ratio	5.78	1.48	2.68	-1.52	0.52
Efficiency & Liquidity
Asset Turnover	0.62	0.52	0.57	0.60	0.44
Inventory Turnover	30.97	30.04	45.55	44.42	27.94
Quick Ratio	0.91	0.94	1.11	1.23	1.94
Current Ratio	1.13	1.14	1.30	1.43	2.19
Returns & Yields
Return on Equity (ROE)	+10.8%	+9.3%	+25.6%	+15.5%	+8.6%
Return on Assets (ROA)	+0.7%	+0.5%	+2.1%	+0.9%	+0.8%
Return on Capital Employed (ROCE)	+5.3%	+3.1%	+9.5%	+2.5%	+2.0%
Earnings Yield	+2.0%	+1.7%	+6.8%	+4.6%	+2.4%
FCF Yield	-2.5%	-10.7%	-17.1%	+55.9%	-58.2%
Dividend Yield	+2.2%	—	+3.7%	+2.7%	+1.6%
Payout Ratio	+113.2%	+133.0%	+27.4%	+49.1%	+20.7%
Total Shareholder Return	+2.2%	—	+3.7%	+2.7%	+1.6%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	1.76B	1.78B	1.14B	0.87B	0.87B
Market Cap Growth	+34.8%	+56.1%	+31.2%	—	+2.5%
Enterprise Value	1.50B	1.73B	0.92B	0.37B	0.66B
Last Close Price	8.29	8.18	5.07	3.77	3.72
Valuation Multiples
PE Ratio	49.37	58.79	14.75	21.53	42.49
PS Ratio	1.11	1.27	0.76	0.69	1.32
PB Ratio	5.38	5.56	3.45	3.17	3.53
P/TBV Ratio	5.44	5.63	3.48	3.18	3.53
P/FCF Ratio	—	—	—	1.79	—
P/OCF Ratio	—	—	—	1.71	—
EV/Sales Ratio	0.95	1.23	0.61	0.30	1.00
EV/EBITDA Ratio	27.11	39.96	8.36	8.25	19.05
EV/EBIT Ratio	52.75	88.40	10.23	12.49	33.11
EV/FCF Ratio	—	—	—	0.76	—
Leverage & Capital
Debt / Equity Ratio	0.38	0.40	0.49	0.03	0.19
Debt / EBITDA Ratio	2.26	2.82	1.46	0.17	1.27
Debt / FCF Ratio	—	—	—	0.02	—
Net Debt / Equity Ratio	-0.79	-0.88	-1.58	-2.69	-1.07
Net Debt / EBITDA Ratio	-4.83	-6.52	-4.76	-16.39	-7.61
Net Debt / FCF Ratio	5.78	1.48	2.68	-1.52	0.52
Efficiency & Liquidity
Asset Turnover	0.62	0.52	0.57	0.60	0.44
Inventory Turnover	30.97	30.04	45.55	44.42	27.94
Quick Ratio	0.91	0.94	1.11	1.23	1.94
Current Ratio	1.13	1.14	1.30	1.43	2.19
Returns & Yields
Return on Equity (ROE)	+10.8%	+9.3%	+25.6%	+15.5%	+8.6%
Return on Assets (ROA)	+0.7%	+0.5%	+2.1%	+0.9%	+0.8%
Return on Capital Employed (ROCE)	+5.3%	+3.1%	+9.5%	+2.5%	+2.0%
Earnings Yield	+2.0%	+1.7%	+6.8%	+4.6%	+2.4%
FCF Yield	-2.5%	-10.7%	-17.1%	+55.9%	-58.2%
Dividend Yield	+2.2%	—	+3.7%	+2.7%	+1.6%
Payout Ratio	+113.2%	+133.0%	+27.4%	+49.1%	+20.7%
Total Shareholder Return	+2.2%	—	+3.7%	+2.7%	+1.6%