ARZAN FINANCIAL GROUP FOR FINANCING AND INVESTMENT

Arzan Financial Group for Financing and Investment (KPSC)

ARZANStocksBoursa KuwaitDiversified Financials

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	331.43M	337.14M	228.73M	174.47M	92.26M
Market Cap Growth	+30.9%	+47.4%	+31.1%	+89.1%	-26.7%
Last Close Price	0.35	0.35	0.23	0.18	0.09
Valuation Multiples
PE Ratio	20.12	14.51	16.23	24.80	11.32
PS Ratio	11.46	9.69	11.15	21.11	5.60
PB Ratio	1.19	1.12	1.01	1.02	0.59
P/TBV Ratio	1.55	1.51	1.33	1.32	0.80
P/FCF Ratio	465.48	—	—	38.81	32.92
P/OCF Ratio	—	—	—	37.90	32.13
Leverage & Capital
Debt / Equity Ratio	0.25	0.23	0.19	0.15	0.18
Debt / FCF Ratio	97.24	—	—	5.54	10.24
Net Debt / Equity Ratio	0.18	0.18	0.06	0.04	0.05
Net Debt / FCF Ratio	70.76	-6.37	-0.65	1.68	2.89
Efficiency & Liquidity
Asset Turnover	0.09	0.10	0.08	0.04	0.09
Quick Ratio	0.82	0.70	1.29	2.30	2.45
Current Ratio	1.32	1.25	2.03	3.52	4.21
Returns & Yields
Return on Equity (ROE)	+6.9%	+9.4%	+8.0%	+5.3%	+6.2%
Return on Assets (ROA)	+5.4%	+7.4%	+6.5%	+4.3%	+5.1%
Return on Invested Capital (ROIC)	+5.2%	+7.8%	+6.5%	+3.4%	+5.7%
Earnings Yield	+5.0%	+6.9%	+6.2%	+4.0%	+8.8%
FCF Yield	+0.2%	-2.5%	-8.6%	+2.6%	+3.0%
Dividend Yield	+0.6%	+0.5%	+1.2%	+1.0%	+3.8%
Payout Ratio	+15.6%	+11.1%	+11.8%	+45.4%	+22.1%
Buyback Yield / Dilution	-0.9%	-1.3%	-1.0%	-0.6%	+0.6%
Total Shareholder Return	-0.3%	-0.8%	+0.2%	+0.4%	+4.4%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	331.43M	337.14M	228.73M	174.47M	92.26M
Market Cap Growth	+30.9%	+47.4%	+31.1%	+89.1%	-26.7%
Last Close Price	0.35	0.35	0.23	0.18	0.09
Valuation Multiples
PE Ratio	20.12	14.51	16.23	24.80	11.32
PS Ratio	11.46	9.69	11.15	21.11	5.60
PB Ratio	1.19	1.12	1.01	1.02	0.59
P/TBV Ratio	1.55	1.51	1.33	1.32	0.80
P/FCF Ratio	465.48	—	—	38.81	32.92
P/OCF Ratio	—	—	—	37.90	32.13
Leverage & Capital
Debt / Equity Ratio	0.25	0.23	0.19	0.15	0.18
Debt / FCF Ratio	97.24	—	—	5.54	10.24
Net Debt / Equity Ratio	0.18	0.18	0.06	0.04	0.05
Net Debt / FCF Ratio	70.76	-6.37	-0.65	1.68	2.89
Efficiency & Liquidity
Asset Turnover	0.09	0.10	0.08	0.04	0.09
Quick Ratio	0.82	0.70	1.29	2.30	2.45
Current Ratio	1.32	1.25	2.03	3.52	4.21
Returns & Yields
Return on Equity (ROE)	+6.9%	+9.4%	+8.0%	+5.3%	+6.2%
Return on Assets (ROA)	+5.4%	+7.4%	+6.5%	+4.3%	+5.1%
Return on Invested Capital (ROIC)	+5.2%	+7.8%	+6.5%	+3.4%	+5.7%
Earnings Yield	+5.0%	+6.9%	+6.2%	+4.0%	+8.8%
FCF Yield	+0.2%	-2.5%	-8.6%	+2.6%	+3.0%
Dividend Yield	+0.6%	+0.5%	+1.2%	+1.0%	+3.8%
Payout Ratio	+15.6%	+11.1%	+11.8%	+45.4%	+22.1%
Buyback Yield / Dilution	-0.9%	-1.3%	-1.0%	-0.6%	+0.6%
Total Shareholder Return	-0.3%	-0.8%	+0.2%	+0.4%	+4.4%