TASNEE

National Industrialization Co.

2060StocksTadawulIndustrials

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	5.87B	6.14B	6.80B	8.28B	8.27B
Market Cap Growth	-3.6%	-9.6%	-17.9%	+0.2%	-38.1%
Enterprise Value	12.26B	12.60B	11.41B	12.99B	14.04B
Last Close Price	8.83	9.22	10.16	12.38	12.36
Valuation Multiples
Forward PE (Next 12M Est.)	—	—	15.27	11.97	9.67
PE Ratio	—	—	—	41.07	12.41
PEG Ratio	—	4.57	4.57	4.57	4.57
PS Ratio	2.36	2.47	2.25	2.32	2.13
PB Ratio	0.58	0.61	0.58	0.68	0.67
P/TBV Ratio	0.77	0.80	0.73	0.90	0.87
P/FCF Ratio	—	—	—	92.51	12.53
P/OCF Ratio	—	—	—	55.36	10.28
EV/Sales Ratio	4.93	5.06	3.77	3.64	3.62
EV/EBITDA Ratio	—	—	—	71.15	21.84
EV/EBIT Ratio	—	—	—	—	32.63
EV/FCF Ratio	-23.67	—	—	145.10	21.27
Leverage & Capital
Debt / Equity Ratio	0.60	0.60	0.81	0.62	0.58
Debt / EBITDA Ratio	98,108.10	98,108.10	—	37.24	10.85
Debt / FCF Ratio	—	—	—	84.80	10.88
Net Debt / Equity Ratio	0.40	0.40	0.42	0.25	0.28
Net Debt / EBITDA Ratio	-137.99	-137.99	-49.67	16.85	5.30
Net Debt / FCF Ratio	-7.85	-7.85	-20.89	34.35	5.17
Efficiency & Liquidity
Asset Turnover	0.11	0.11	0.12	0.14	0.16
Inventory Turnover	2.92	2.92	3.68	4.24	4.14
Quick Ratio	0.58	0.58	0.75	0.90	0.98
Current Ratio	0.92	0.92	0.88	1.04	1.16
Returns & Yields
Return on Equity (ROE)	-13.6%	-13.6%	-2.7%	+1.8%	+9.1%
Return on Assets (ROA)	-1.1%	-1.1%	-0.9%	-0.1%	+1.1%
Return on Invested Capital (ROIC)	-2.8%	-2.8%	-2.2%	-0.1%	+2.1%
Return on Capital Employed (ROCE)	-2.9%	-2.9%	-2.0%	-0.1%	+2.2%
Earnings Yield	-30.1%	-28.7%	-0.4%	+2.4%	+8.1%
FCF Yield	-8.8%	-8.4%	-3.5%	+1.1%	+8.0%
Buyback Yield / Dilution	+0.2%	+0.2%	—	—	—

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	5.87B	6.14B	6.80B	8.28B	8.27B
Market Cap Growth	-3.6%	-9.6%	-17.9%	+0.2%	-38.1%
Enterprise Value	12.26B	12.60B	11.41B	12.99B	14.04B
Last Close Price	8.83	9.22	10.16	12.38	12.36
Valuation Multiples
Forward PE (Next 12M Est.)	—	—	15.27	11.97	9.67
PE Ratio	—	—	—	41.07	12.41
PEG Ratio	—	4.57	4.57	4.57	4.57
PS Ratio	2.36	2.47	2.25	2.32	2.13
PB Ratio	0.58	0.61	0.58	0.68	0.67
P/TBV Ratio	0.77	0.80	0.73	0.90	0.87
P/FCF Ratio	—	—	—	92.51	12.53
P/OCF Ratio	—	—	—	55.36	10.28
EV/Sales Ratio	4.93	5.06	3.77	3.64	3.62
EV/EBITDA Ratio	—	—	—	71.15	21.84
EV/EBIT Ratio	—	—	—	—	32.63
EV/FCF Ratio	-23.67	—	—	145.10	21.27
Leverage & Capital
Debt / Equity Ratio	0.60	0.60	0.81	0.62	0.58
Debt / EBITDA Ratio	98,108.10	98,108.10	—	37.24	10.85
Debt / FCF Ratio	—	—	—	84.80	10.88
Net Debt / Equity Ratio	0.40	0.40	0.42	0.25	0.28
Net Debt / EBITDA Ratio	-137.99	-137.99	-49.67	16.85	5.30
Net Debt / FCF Ratio	-7.85	-7.85	-20.89	34.35	5.17
Efficiency & Liquidity
Asset Turnover	0.11	0.11	0.12	0.14	0.16
Inventory Turnover	2.92	2.92	3.68	4.24	4.14
Quick Ratio	0.58	0.58	0.75	0.90	0.98
Current Ratio	0.92	0.92	0.88	1.04	1.16
Returns & Yields
Return on Equity (ROE)	-13.6%	-13.6%	-2.7%	+1.8%	+9.1%
Return on Assets (ROA)	-1.1%	-1.1%	-0.9%	-0.1%	+1.1%
Return on Invested Capital (ROIC)	-2.8%	-2.8%	-2.2%	-0.1%	+2.1%
Return on Capital Employed (ROCE)	-2.9%	-2.9%	-2.0%	-0.1%	+2.2%
Earnings Yield	-30.1%	-28.7%	-0.4%	+2.4%	+8.1%
FCF Yield	-8.8%	-8.4%	-3.5%	+1.1%	+8.0%
Buyback Yield / Dilution	+0.2%	+0.2%	—	—	—