NATIONAL MOBILE TELECOMMUNICATIONS CO.

National Mobile Telecommunications Company K.S.C.

OOREDOOStocksBoursa KuwaitTelecommunications

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Ratios

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	903.09M	708.64M	533.74M	609.91M	580.85M
Market Cap Growth	+69.2%	+32.8%	-12.5%	+5.0%	+85.7%
Enterprise Value	1.01B	0.84B	0.61B	0.65B	0.68B
Last Close Price	1.80	1.29	0.90	0.91	0.81
Valuation Multiples
Forward PE (Next 12M Est.)	9.87	7.97	9.68	9.58	14.49
PE Ratio	11.16	9.18	10.80	8.38	14.72
PEG Ratio	—	0.91	0.91	0.91	0.91
PS Ratio	1.14	0.92	0.75	0.93	0.94
PB Ratio	1.33	0.96	0.80	0.89	0.91
P/TBV Ratio	3.18	2.11	1.47	1.64	2.02
P/FCF Ratio	6.29	4.73	4.00	3.80	5.25
P/OCF Ratio	3.05	2.36	2.30	2.41	3.04
EV/Sales Ratio	1.27	1.08	0.86	1.00	1.09
EV/EBITDA Ratio	3.32	3.21	2.88	2.61	3.65
EV/EBIT Ratio	6.50	5.57	5.47	4.60	8.86
EV/FCF Ratio	7.02	5.58	4.60	4.05	6.13
Leverage & Capital
Debt / Equity Ratio	0.35	0.34	0.33	0.24	0.22
Debt / EBITDA Ratio	0.80	0.85	0.90	0.59	0.67
Debt / FCF Ratio	1.68	1.67	1.65	1.01	1.28
Net Debt / Equity Ratio	-0.02	-0.05	-0.09	-0.10	-0.03
Net Debt / EBITDA Ratio	-0.05	-0.13	-0.28	-0.29	-0.09
Net Debt / FCF Ratio	-0.09	-0.23	-0.45	-0.44	-0.16
Efficiency & Liquidity
Asset Turnover	0.56	0.55	0.56	0.54	0.53
Inventory Turnover	36.41	41.13	38.49	28.79	27.72
Quick Ratio	0.81	0.82	1.01	0.94	0.76
Current Ratio	0.83	0.91	1.10	1.04	0.87
Returns & Yields
Return on Equity (ROE)	+15.4%	+14.1%	+9.9%	+12.8%	+7.8%
Return on Assets (ROA)	+6.8%	+6.6%	+5.5%	+7.3%	+4.1%
Return on Invested Capital (ROIC)	+16.2%	+16.3%	+12.9%	+17.5%	+9.0%
Return on Capital Employed (ROCE)	+16.9%	+15.4%	+12.8%	+16.8%	+9.8%
Earnings Yield	+9.0%	+10.9%	+9.3%	+11.9%	+6.8%
FCF Yield	+15.9%	+21.1%	+25.0%	+26.3%	+19.1%
Dividend Yield	+8.3%	+11.6%	+10.0%	+15.3%	+8.6%
Payout Ratio	+55.8%	+58.6%	+141.8%	+48.2%	+44.6%
Total Shareholder Return	+8.3%	+11.6%	+10.0%	+15.3%	+8.6%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Ratios

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	903.09M	708.64M	533.74M	609.91M	580.85M
Market Cap Growth	+69.2%	+32.8%	-12.5%	+5.0%	+85.7%
Enterprise Value	1.01B	0.84B	0.61B	0.65B	0.68B
Last Close Price	1.80	1.29	0.90	0.91	0.81
Valuation Multiples
Forward PE (Next 12M Est.)	9.87	7.97	9.68	9.58	14.49
PE Ratio	11.16	9.18	10.80	8.38	14.72
PEG Ratio	—	0.91	0.91	0.91	0.91
PS Ratio	1.14	0.92	0.75	0.93	0.94
PB Ratio	1.33	0.96	0.80	0.89	0.91
P/TBV Ratio	3.18	2.11	1.47	1.64	2.02
P/FCF Ratio	6.29	4.73	4.00	3.80	5.25
P/OCF Ratio	3.05	2.36	2.30	2.41	3.04
EV/Sales Ratio	1.27	1.08	0.86	1.00	1.09
EV/EBITDA Ratio	3.32	3.21	2.88	2.61	3.65
EV/EBIT Ratio	6.50	5.57	5.47	4.60	8.86
EV/FCF Ratio	7.02	5.58	4.60	4.05	6.13
Leverage & Capital
Debt / Equity Ratio	0.35	0.34	0.33	0.24	0.22
Debt / EBITDA Ratio	0.80	0.85	0.90	0.59	0.67
Debt / FCF Ratio	1.68	1.67	1.65	1.01	1.28
Net Debt / Equity Ratio	-0.02	-0.05	-0.09	-0.10	-0.03
Net Debt / EBITDA Ratio	-0.05	-0.13	-0.28	-0.29	-0.09
Net Debt / FCF Ratio	-0.09	-0.23	-0.45	-0.44	-0.16
Efficiency & Liquidity
Asset Turnover	0.56	0.55	0.56	0.54	0.53
Inventory Turnover	36.41	41.13	38.49	28.79	27.72
Quick Ratio	0.81	0.82	1.01	0.94	0.76
Current Ratio	0.83	0.91	1.10	1.04	0.87
Returns & Yields
Return on Equity (ROE)	+15.4%	+14.1%	+9.9%	+12.8%	+7.8%
Return on Assets (ROA)	+6.8%	+6.6%	+5.5%	+7.3%	+4.1%
Return on Invested Capital (ROIC)	+16.2%	+16.3%	+12.9%	+17.5%	+9.0%
Return on Capital Employed (ROCE)	+16.9%	+15.4%	+12.8%	+16.8%	+9.8%
Earnings Yield	+9.0%	+10.9%	+9.3%	+11.9%	+6.8%
FCF Yield	+15.9%	+21.1%	+25.0%	+26.3%	+19.1%
Dividend Yield	+8.3%	+11.6%	+10.0%	+15.3%	+8.6%
Payout Ratio	+55.8%	+58.6%	+141.8%	+48.2%	+44.6%
Total Shareholder Return	+8.3%	+11.6%	+10.0%	+15.3%	+8.6%