BAYAN INVESTMENT HOLDING CO.

Bayan Investment Holding Company

BAYANINVStocksBoursa KuwaitDiversified Financials

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	16.65M	16.54M	13.46M	8.35M	12.65M
Market Cap Growth	+41.2%	+22.9%	+61.3%	-34.0%	-28.7%
Enterprise Value	13.31M	12.90M	10.16M	5.56M	13.06M
Last Close Price	0.08	0.08	0.06	0.04	0.06
Valuation Multiples
PE Ratio	16.05	13.85	7.15	—	—
PS Ratio	9.27	8.15	4.92	11.99	17.89
PB Ratio	1.24	1.18	1.04	0.65	0.86
P/TBV Ratio	1.24	1.18	1.04	0.65	0.86
P/FCF Ratio	108.40	171.50	—	—	—
P/OCF Ratio	90.71	148.05	—	—	—
EV/Sales Ratio	7.41	6.36	3.71	7.98	18.47
EV/EBITDA Ratio	10.80	9.87	4.82	156.39	—
EV/EBIT Ratio	11.70	10.01	5.02	—	—
EV/FCF Ratio	86.67	133.77	—	—	—
Leverage & Capital
Debt / Equity Ratio	—	0.02	0.07	0.09	0.13
Debt / EBITDA Ratio	—	0.15	0.41	33.78	—
Debt / FCF Ratio	—	2.11	—	—	—
Net Debt / Equity Ratio	-0.25	-0.24	-0.26	-0.21	-0.39
Net Debt / EBITDA Ratio	-2.83	-2.57	-1.57	-74.48	34.20
Net Debt / FCF Ratio	-21.53	-34.85	4.83	4.66	8.34
Efficiency & Liquidity
Asset Turnover	0.12	0.13	0.18	0.04	0.01
Inventory Turnover	—	—	—	0.08	—
Quick Ratio	3.72	4.59	3.21	3.78	5.85
Current Ratio	4.17	5.41	3.53	4.22	6.44
Returns & Yields
Return on Equity (ROE)	+7.7%	+8.9%	+14.6%	-1.0%	-14.6%
Return on Assets (ROA)	+4.6%	+5.3%	+8.5%	-0.2%	-0.3%
Return on Invested Capital (ROIC)	+10.3%	+12.0%	+19.5%	-0.4%	-0.9%
Return on Capital Employed (ROCE)	+8.3%	+8.9%	+15.1%	-0.3%	-1.8%
Earnings Yield	+6.2%	+7.2%	+14.0%	-1.7%	-49.5%
FCF Yield	+0.9%	+0.6%	-5.1%	-6.8%	-5.4%
Payout Ratio	+0.1%	+0.1%	+0.1%	—	—
Buyback Yield / Dilution	—	—	-1.4%	+0.3%	+16.0%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	16.65M	16.54M	13.46M	8.35M	12.65M
Market Cap Growth	+41.2%	+22.9%	+61.3%	-34.0%	-28.7%
Enterprise Value	13.31M	12.90M	10.16M	5.56M	13.06M
Last Close Price	0.08	0.08	0.06	0.04	0.06
Valuation Multiples
PE Ratio	16.05	13.85	7.15	—	—
PS Ratio	9.27	8.15	4.92	11.99	17.89
PB Ratio	1.24	1.18	1.04	0.65	0.86
P/TBV Ratio	1.24	1.18	1.04	0.65	0.86
P/FCF Ratio	108.40	171.50	—	—	—
P/OCF Ratio	90.71	148.05	—	—	—
EV/Sales Ratio	7.41	6.36	3.71	7.98	18.47
EV/EBITDA Ratio	10.80	9.87	4.82	156.39	—
EV/EBIT Ratio	11.70	10.01	5.02	—	—
EV/FCF Ratio	86.67	133.77	—	—	—
Leverage & Capital
Debt / Equity Ratio	—	0.02	0.07	0.09	0.13
Debt / EBITDA Ratio	—	0.15	0.41	33.78	—
Debt / FCF Ratio	—	2.11	—	—	—
Net Debt / Equity Ratio	-0.25	-0.24	-0.26	-0.21	-0.39
Net Debt / EBITDA Ratio	-2.83	-2.57	-1.57	-74.48	34.20
Net Debt / FCF Ratio	-21.53	-34.85	4.83	4.66	8.34
Efficiency & Liquidity
Asset Turnover	0.12	0.13	0.18	0.04	0.01
Inventory Turnover	—	—	—	0.08	—
Quick Ratio	3.72	4.59	3.21	3.78	5.85
Current Ratio	4.17	5.41	3.53	4.22	6.44
Returns & Yields
Return on Equity (ROE)	+7.7%	+8.9%	+14.6%	-1.0%	-14.6%
Return on Assets (ROA)	+4.6%	+5.3%	+8.5%	-0.2%	-0.3%
Return on Invested Capital (ROIC)	+10.3%	+12.0%	+19.5%	-0.4%	-0.9%
Return on Capital Employed (ROCE)	+8.3%	+8.9%	+15.1%	-0.3%	-1.8%
Earnings Yield	+6.2%	+7.2%	+14.0%	-1.7%	-49.5%
FCF Yield	+0.9%	+0.6%	-5.1%	-6.8%	-5.4%
Payout Ratio	+0.1%	+0.1%	+0.1%	—	—
Buyback Yield / Dilution	—	—	-1.4%	+0.3%	+16.0%