METAL & RECYCLING CO.

Metal & Recycling Co. K.S.C.C.

MRCStocksBoursa KuwaitConsumer Discretionary

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	13.96M	12.79M	10.81M	7.48M	4.50M
Market Cap Growth	-20.5%	+18.3%	+44.6%	+66.3%	-47.5%
Enterprise Value	24.45M	24.56M	21.58M	16.18M	11.73M
Last Close Price	0.16	0.14	0.12	0.08	0.05
Valuation Multiples
PE Ratio	—	—	—	29.89	10.80
PS Ratio	0.60	0.61	0.57	0.55	0.36
PB Ratio	1.32	1.21	1.04	0.71	0.44
P/TBV Ratio	1.96	1.78	1.49	1.03	0.64
P/FCF Ratio	11.98	7.70	—	—	—
P/OCF Ratio	4.61	3.19	12.49	6.26	2.10
EV/Sales Ratio	1.05	1.16	1.13	1.18	0.93
EV/EBITDA Ratio	11.77	13.58	16.76	10.89	25.57
EV/EBIT Ratio	39.48	23.87	34.51	16.69	233.09
EV/FCF Ratio	20.98	14.79	—	—	—
Leverage & Capital
Debt / Equity Ratio	1.21	1.24	1.23	1.18	0.94
Debt / EBITDA Ratio	5.58	5.50	6.93	6.28	10.32
Debt / FCF Ratio	11.00	7.86	—	—	—
Net Debt / Equity Ratio	0.70	0.81	0.97	0.77	0.47
Net Debt / EBITDA Ratio	4.29	4.71	7.78	5.44	10.51
Net Debt / FCF Ratio	6.38	5.13	-46.04	-7.01	-6.95
Efficiency & Liquidity
Asset Turnover	0.67	0.61	0.59	0.47	0.49
Inventory Turnover	45.60	45.98	128.47	114.77	22.58
Quick Ratio	0.93	0.93	0.90	0.89	1.08
Current Ratio	1.13	1.16	1.10	1.15	1.41
Returns & Yields
Return on Equity (ROE)	+1.3%	+3.3%	+2.7%	+7.3%	+8.8%
Return on Assets (ROA)	+1.5%	+1.9%	+1.2%	+2.1%	+0.1%
Return on Invested Capital (ROIC)	+4.4%	+5.2%	+3.2%	+5.7%	+0.4%
Return on Capital Employed (ROCE)	+3.7%	+4.5%	+3.0%	+4.7%	+0.3%
Earnings Yield	-1.8%	-0.3%	-0.6%	+3.3%	+9.3%
FCF Yield	+8.3%	+13.0%	-2.0%	-15.4%	-15.4%
Buyback Yield / Dilution	+51.5%	-11.8%	-84.0%	+37.7%	-60.6%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	13.96M	12.79M	10.81M	7.48M	4.50M
Market Cap Growth	-20.5%	+18.3%	+44.6%	+66.3%	-47.5%
Enterprise Value	24.45M	24.56M	21.58M	16.18M	11.73M
Last Close Price	0.16	0.14	0.12	0.08	0.05
Valuation Multiples
PE Ratio	—	—	—	29.89	10.80
PS Ratio	0.60	0.61	0.57	0.55	0.36
PB Ratio	1.32	1.21	1.04	0.71	0.44
P/TBV Ratio	1.96	1.78	1.49	1.03	0.64
P/FCF Ratio	11.98	7.70	—	—	—
P/OCF Ratio	4.61	3.19	12.49	6.26	2.10
EV/Sales Ratio	1.05	1.16	1.13	1.18	0.93
EV/EBITDA Ratio	11.77	13.58	16.76	10.89	25.57
EV/EBIT Ratio	39.48	23.87	34.51	16.69	233.09
EV/FCF Ratio	20.98	14.79	—	—	—
Leverage & Capital
Debt / Equity Ratio	1.21	1.24	1.23	1.18	0.94
Debt / EBITDA Ratio	5.58	5.50	6.93	6.28	10.32
Debt / FCF Ratio	11.00	7.86	—	—	—
Net Debt / Equity Ratio	0.70	0.81	0.97	0.77	0.47
Net Debt / EBITDA Ratio	4.29	4.71	7.78	5.44	10.51
Net Debt / FCF Ratio	6.38	5.13	-46.04	-7.01	-6.95
Efficiency & Liquidity
Asset Turnover	0.67	0.61	0.59	0.47	0.49
Inventory Turnover	45.60	45.98	128.47	114.77	22.58
Quick Ratio	0.93	0.93	0.90	0.89	1.08
Current Ratio	1.13	1.16	1.10	1.15	1.41
Returns & Yields
Return on Equity (ROE)	+1.3%	+3.3%	+2.7%	+7.3%	+8.8%
Return on Assets (ROA)	+1.5%	+1.9%	+1.2%	+2.1%	+0.1%
Return on Invested Capital (ROIC)	+4.4%	+5.2%	+3.2%	+5.7%	+0.4%
Return on Capital Employed (ROCE)	+3.7%	+4.5%	+3.0%	+4.7%	+0.3%
Earnings Yield	-1.8%	-0.3%	-0.6%	+3.3%	+9.3%
FCF Yield	+8.3%	+13.0%	-2.0%	-15.4%	-15.4%
Buyback Yield / Dilution	+51.5%	-11.8%	-84.0%	+37.7%	-60.6%