APEX INVESTMENT

APEX INVESTMENT P.S.C

APEXStocksAbu Dhabi Securities ExchangeMaterials

Financials

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	12.26B	12.86B	14.32B	13.82B	14.32B
Market Cap Growth	-14.6%	-14.0%	+1.5%	+162.8%	+115.5%
Enterprise Value	11.24B	11.77B	13.17B	12.71B	13.11B
Last Close Price	3.45	3.62	4.03	3.89	4.03
Valuation Multiples
PE Ratio	322.60	—	—	111.27	—
PS Ratio	14.17	14.87	16.59	16.70	16.77
PB Ratio	6.00	6.29	6.94	6.65	7.22
P/TBV Ratio	6.71	7.04	6.96	6.66	7.24
P/FCF Ratio	248.31	260.55	325.08	—	—
P/OCF Ratio	72.89	76.48	229.45	—	—
EV/Sales Ratio	12.99	13.60	15.26	15.36	15.36
EV/EBITDA Ratio	77.74	83.88	106.63	115.02	92.66
EV/EBIT Ratio	109.68	118.27	152.87	172.91	125.89
EV/FCF Ratio	227.71	238.40	299.01	—	—
Leverage & Capital
Debt / Equity Ratio	0.01	0.01	0.00	0.00	0.00
Debt / EBITDA Ratio	0.19	0.47	0.03	0.06	0.01
Debt / FCF Ratio	0.55	0.55	0.16	—	—
Net Debt / Equity Ratio	-0.50	-0.50	-0.53	-0.55	-0.56
Net Debt / EBITDA Ratio	-7.25	-7.25	-8.85	-10.39	-7.84
Net Debt / FCF Ratio	-20.60	-20.60	-24.83	-39.81	-22.41
Efficiency & Liquidity
Asset Turnover	0.38	0.40	0.36	0.35	0.42
Inventory Turnover	7.37	7.01	8.69	8.77	9.68
Quick Ratio	3.17	3.17	5.49	6.24	7.11
Current Ratio	3.49	3.49	6.57	7.34	8.26
Returns & Yields
Return on Equity (ROE)	-3.2%	-3.3%	+19.1%	-5.1%	+4.9%
Return on Assets (ROA)	+0.1%	+4.7%	+2.6%	+3.5%	-1.4%
Return on Invested Capital (ROIC)	+0.1%	+4.6%	+2.6%	+3.7%	-1.2%
Return on Capital Employed (ROCE)	+4.7%	+4.7%	+4.1%	+3.5%	+5.2%
Earnings Yield	+0.3%	+0.3%	+0.6%	+0.9%	+0.3%
FCF Yield	+0.4%	+0.4%	+0.3%	+0.2%	+0.3%
Buyback Yield / Dilution	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	12.26B	12.86B	14.32B	13.82B	14.32B
Market Cap Growth	-14.6%	-14.0%	+1.5%	+162.8%	+115.5%
Enterprise Value	11.24B	11.77B	13.17B	12.71B	13.11B
Last Close Price	3.45	3.62	4.03	3.89	4.03
Valuation Multiples
PE Ratio	322.60	—	—	111.27	—
PS Ratio	14.17	14.87	16.59	16.70	16.77
PB Ratio	6.00	6.29	6.94	6.65	7.22
P/TBV Ratio	6.71	7.04	6.96	6.66	7.24
P/FCF Ratio	248.31	260.55	325.08	—	—
P/OCF Ratio	72.89	76.48	229.45	—	—
EV/Sales Ratio	12.99	13.60	15.26	15.36	15.36
EV/EBITDA Ratio	77.74	83.88	106.63	115.02	92.66
EV/EBIT Ratio	109.68	118.27	152.87	172.91	125.89
EV/FCF Ratio	227.71	238.40	299.01	—	—
Leverage & Capital
Debt / Equity Ratio	0.01	0.01	0.00	0.00	0.00
Debt / EBITDA Ratio	0.19	0.47	0.03	0.06	0.01
Debt / FCF Ratio	0.55	0.55	0.16	—	—
Net Debt / Equity Ratio	-0.50	-0.50	-0.53	-0.55	-0.56
Net Debt / EBITDA Ratio	-7.25	-7.25	-8.85	-10.39	-7.84
Net Debt / FCF Ratio	-20.60	-20.60	-24.83	-39.81	-22.41
Efficiency & Liquidity
Asset Turnover	0.38	0.40	0.36	0.35	0.42
Inventory Turnover	7.37	7.01	8.69	8.77	9.68
Quick Ratio	3.17	3.17	5.49	6.24	7.11
Current Ratio	3.49	3.49	6.57	7.34	8.26
Returns & Yields
Return on Equity (ROE)	-3.2%	-3.3%	+19.1%	-5.1%	+4.9%
Return on Assets (ROA)	+0.1%	+4.7%	+2.6%	+3.5%	-1.4%
Return on Invested Capital (ROIC)	+0.1%	+4.6%	+2.6%	+3.7%	-1.2%
Return on Capital Employed (ROCE)	+4.7%	+4.7%	+4.1%	+3.5%	+5.2%
Earnings Yield	+0.3%	+0.3%	+0.6%	+0.9%	+0.3%
FCF Yield	+0.4%	+0.4%	+0.3%	+0.2%	+0.3%
Buyback Yield / Dilution	—	—	—	—	—
Total Shareholder Return	—	—	—	—	—