ETIHAD ETISALAT

Etihad Etisalat Co.

7020StocksTadawulTelecommunications

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	50.92B	50.82B	41.12B	37.77B	26.76B
Market Cap Growth	+8.1%	+23.6%	+8.9%	+41.2%	+11.6%
Enterprise Value	56.57B	57.06B	47.87B	46.42B	37.56B
Last Close Price	66.35	64.42	49.99	43.90	30.27
Valuation Multiples
Forward PE (Next 12M Est.)	14.06	13.39	13.34	16.10	17.66
PE Ratio	14.74	14.66	13.24	16.92	16.15
PEG Ratio	1.56	6.17	6.17	6.17	6.17
PS Ratio	2.59	2.59	2.26	2.25	1.70
PB Ratio	2.51	2.50	2.18	2.14	1.64
P/TBV Ratio	4.23	4.22	3.46	4.99	3.06
P/FCF Ratio	13.96	13.93	10.97	9.83	7.98
P/OCF Ratio	7.65	7.64	6.49	6.57	4.71
EV/Sales Ratio	2.88	2.91	2.63	2.77	2.39
EV/EBITDA Ratio	7.30	8.17	7.27	7.70	6.73
EV/EBIT Ratio	14.27	14.83	13.56	15.59	16.14
EV/FCF Ratio	15.50	15.64	12.77	12.08	11.20
Leverage & Capital
Debt / Equity Ratio	0.46	0.46	0.50	0.66	0.79
Debt / EBITDA Ratio	1.23	1.23	1.31	1.74	2.08
Debt / FCF Ratio	2.58	2.58	2.52	3.00	3.83
Net Debt / Equity Ratio	0.28	0.28	0.33	0.44	0.61
Net Debt / EBITDA Ratio	0.81	0.81	0.95	1.29	1.79
Net Debt / FCF Ratio	1.55	1.55	1.67	2.02	2.98
Efficiency & Liquidity
Asset Turnover	0.48	0.48	0.47	0.44	0.41
Inventory Turnover	51.55	51.55	45.70	57.81	58.46
Quick Ratio	0.80	0.80	0.80	0.73	0.71
Current Ratio	0.93	0.93	0.91	0.85	0.81
Returns & Yields
Return on Equity (ROE)	+17.7%	+17.7%	+17.0%	+13.1%	+10.5%
Return on Assets (ROA)	+5.9%	+5.9%	+5.7%	+4.8%	+3.8%
Return on Invested Capital (ROIC)	+14.6%	+14.7%	+13.6%	+10.5%	+8.1%
Return on Capital Employed (ROCE)	+12.3%	+12.3%	+12.6%	+10.8%	+8.3%
Earnings Yield	+6.8%	+6.8%	+7.6%	+5.9%	+6.2%
FCF Yield	+7.2%	+7.2%	+9.1%	+10.2%	+12.5%
Dividend Yield	+3.8%	—	+4.4%	+3.3%	+3.8%
Payout Ratio	+54.1%	+54.1%	+56.8%	+38.2%	+38.6%
Buyback Yield / Dilution	+0.1%	+0.1%	—	—	—
Total Shareholder Return	+3.9%	+0.1%	+4.4%	+3.3%	+3.8%

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	50.92B	50.82B	41.12B	37.77B	26.76B
Market Cap Growth	+8.1%	+23.6%	+8.9%	+41.2%	+11.6%
Enterprise Value	56.57B	57.06B	47.87B	46.42B	37.56B
Last Close Price	66.35	64.42	49.99	43.90	30.27
Valuation Multiples
Forward PE (Next 12M Est.)	14.06	13.39	13.34	16.10	17.66
PE Ratio	14.74	14.66	13.24	16.92	16.15
PEG Ratio	1.56	6.17	6.17	6.17	6.17
PS Ratio	2.59	2.59	2.26	2.25	1.70
PB Ratio	2.51	2.50	2.18	2.14	1.64
P/TBV Ratio	4.23	4.22	3.46	4.99	3.06
P/FCF Ratio	13.96	13.93	10.97	9.83	7.98
P/OCF Ratio	7.65	7.64	6.49	6.57	4.71
EV/Sales Ratio	2.88	2.91	2.63	2.77	2.39
EV/EBITDA Ratio	7.30	8.17	7.27	7.70	6.73
EV/EBIT Ratio	14.27	14.83	13.56	15.59	16.14
EV/FCF Ratio	15.50	15.64	12.77	12.08	11.20
Leverage & Capital
Debt / Equity Ratio	0.46	0.46	0.50	0.66	0.79
Debt / EBITDA Ratio	1.23	1.23	1.31	1.74	2.08
Debt / FCF Ratio	2.58	2.58	2.52	3.00	3.83
Net Debt / Equity Ratio	0.28	0.28	0.33	0.44	0.61
Net Debt / EBITDA Ratio	0.81	0.81	0.95	1.29	1.79
Net Debt / FCF Ratio	1.55	1.55	1.67	2.02	2.98
Efficiency & Liquidity
Asset Turnover	0.48	0.48	0.47	0.44	0.41
Inventory Turnover	51.55	51.55	45.70	57.81	58.46
Quick Ratio	0.80	0.80	0.80	0.73	0.71
Current Ratio	0.93	0.93	0.91	0.85	0.81
Returns & Yields
Return on Equity (ROE)	+17.7%	+17.7%	+17.0%	+13.1%	+10.5%
Return on Assets (ROA)	+5.9%	+5.9%	+5.7%	+4.8%	+3.8%
Return on Invested Capital (ROIC)	+14.6%	+14.7%	+13.6%	+10.5%	+8.1%
Return on Capital Employed (ROCE)	+12.3%	+12.3%	+12.6%	+10.8%	+8.3%
Earnings Yield	+6.8%	+6.8%	+7.6%	+5.9%	+6.2%
FCF Yield	+7.2%	+7.2%	+9.1%	+10.2%	+12.5%
Dividend Yield	+3.8%	—	+4.4%	+3.3%	+3.8%
Payout Ratio	+54.1%	+54.1%	+56.8%	+38.2%	+38.6%
Buyback Yield / Dilution	+0.1%	+0.1%	—	—	—
Total Shareholder Return	+3.9%	+0.1%	+4.4%	+3.3%	+3.8%