NORTHERN CEMENT

Northern Region Cement Co.

3004StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Ratios

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	1.26B	1.29B	1.48B	1.41B	1.62B
Market Cap Growth	-20.5%	-22.3%	-11.6%	-13.8%	-10.7%
Enterprise Value	2.31B	2.28B	2.48B	2.38B	2.57B
Last Close Price	7.00	7.19	7.98	7.60	8.71
Valuation Multiples
Forward PE (Next 12M Est.)	24.14	18.28	18.28	18.28	18.28
PE Ratio	22.48	23.09	26.30	24.16	28.36
PS Ratio	1.84	1.89	2.19	2.13	2.57
PB Ratio	0.56	0.57	0.66	0.62	0.71
P/TBV Ratio	0.74	0.76	0.88	0.82	0.95
P/FCF Ratio	64.00	65.74	-23.52	—	—
P/OCF Ratio	8.41	8.64	10.93	10.36	14.81
EV/Sales Ratio	3.37	3.33	3.67	3.59	4.09
EV/EBITDA Ratio	13.28	13.20	14.15	13.47	14.96
EV/EBIT Ratio	19.12	18.87	19.95	18.89	21.18
EV/FCF Ratio	117.16	115.66	-39.39	—	—
Leverage & Capital
Debt / Equity Ratio	0.47	0.47	0.45	0.45	0.43
Debt / EBITDA Ratio	6.15	6.35	5.39	5.66	6.23
Debt / FCF Ratio	54.23	54.23	-15.96	—	—
Net Debt / Equity Ratio	0.46	0.46	0.44	0.44	0.43
Net Debt / EBITDA Ratio	6.06	6.06	5.59	5.65	5.62
Net Debt / FCF Ratio	53.06	53.06	-15.57	-13.74	-10.21
Efficiency & Liquidity
Asset Turnover	0.20	0.19	0.20	0.16	0.20
Inventory Turnover	0.66	0.67	0.70	0.71	0.56
Quick Ratio	0.09	0.09	0.07	0.09	0.07
Current Ratio	0.91	0.91	0.78	0.87	0.93
Returns & Yields
Return on Equity (ROE)	+3.4%	+2.8%	+2.3%	+1.4%	+3.4%
Return on Assets (ROA)	+1.9%	+2.3%	+2.2%	+1.9%	+2.3%
Return on Invested Capital (ROIC)	+0.7%	+0.8%	+0.7%	+0.5%	+0.7%
Return on Capital Employed (ROCE)	+4.5%	+4.5%	+5.0%	+4.8%	+4.6%
Earnings Yield	+4.4%	+4.3%	+3.8%	+4.1%	+3.5%
FCF Yield	+1.6%	+1.5%	-4.3%	-5.1%	-5.8%
Dividend Yield	+3.5%	—	+3.1%	—	—
Payout Ratio	+80.3%	+236.7%	—	—	—
Buyback Yield / Dilution	—	—	—	—	—
Total Shareholder Return	+3.5%	—	+3.1%	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Ratios

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	1.26B	1.29B	1.48B	1.41B	1.62B
Market Cap Growth	-20.5%	-22.3%	-11.6%	-13.8%	-10.7%
Enterprise Value	2.31B	2.28B	2.48B	2.38B	2.57B
Last Close Price	7.00	7.19	7.98	7.60	8.71
Valuation Multiples
Forward PE (Next 12M Est.)	24.14	18.28	18.28	18.28	18.28
PE Ratio	22.48	23.09	26.30	24.16	28.36
PS Ratio	1.84	1.89	2.19	2.13	2.57
PB Ratio	0.56	0.57	0.66	0.62	0.71
P/TBV Ratio	0.74	0.76	0.88	0.82	0.95
P/FCF Ratio	64.00	65.74	-23.52	—	—
P/OCF Ratio	8.41	8.64	10.93	10.36	14.81
EV/Sales Ratio	3.37	3.33	3.67	3.59	4.09
EV/EBITDA Ratio	13.28	13.20	14.15	13.47	14.96
EV/EBIT Ratio	19.12	18.87	19.95	18.89	21.18
EV/FCF Ratio	117.16	115.66	-39.39	—	—
Leverage & Capital
Debt / Equity Ratio	0.47	0.47	0.45	0.45	0.43
Debt / EBITDA Ratio	6.15	6.35	5.39	5.66	6.23
Debt / FCF Ratio	54.23	54.23	-15.96	—	—
Net Debt / Equity Ratio	0.46	0.46	0.44	0.44	0.43
Net Debt / EBITDA Ratio	6.06	6.06	5.59	5.65	5.62
Net Debt / FCF Ratio	53.06	53.06	-15.57	-13.74	-10.21
Efficiency & Liquidity
Asset Turnover	0.20	0.19	0.20	0.16	0.20
Inventory Turnover	0.66	0.67	0.70	0.71	0.56
Quick Ratio	0.09	0.09	0.07	0.09	0.07
Current Ratio	0.91	0.91	0.78	0.87	0.93
Returns & Yields
Return on Equity (ROE)	+3.4%	+2.8%	+2.3%	+1.4%	+3.4%
Return on Assets (ROA)	+1.9%	+2.3%	+2.2%	+1.9%	+2.3%
Return on Invested Capital (ROIC)	+0.7%	+0.8%	+0.7%	+0.5%	+0.7%
Return on Capital Employed (ROCE)	+4.5%	+4.5%	+5.0%	+4.8%	+4.6%
Earnings Yield	+4.4%	+4.3%	+3.8%	+4.1%	+3.5%
FCF Yield	+1.6%	+1.5%	-4.3%	-5.1%	-5.8%
Dividend Yield	+3.5%	—	+3.1%	—	—
Payout Ratio	+80.3%	+236.7%	—	—	—
Buyback Yield / Dilution	—	—	—	—	—
Total Shareholder Return	+3.5%	—	+3.1%	—	—