GROUP FIVE

Group Five Pipe Saudi Ltd.

9523StocksTadawulMaterials

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	1.18B	0.97B	1.16B	0.88B	0.67B
Market Cap Growth	+10.5%	-16.0%	+31.3%	+31.3%	-37.3%
Enterprise Value	1.67B	1.38B	1.82B	1.63B	1.33B
Last Close Price	42.00	34.74	40.57	30.90	23.55
Valuation Multiples
PE Ratio	8.12	6.72	30.06	94.09	—
PS Ratio	0.58	0.48	1.19	1.94	2.92
PB Ratio	2.40	1.99	3.20	2.72	2.15
P/TBV Ratio	2.40	1.99	3.20	2.72	2.15
P/FCF Ratio	3.97	3.28	—	38.61	6.60
P/OCF Ratio	3.86	3.20	—	34.44	6.46
EV/Sales Ratio	0.82	0.68	1.86	3.58	5.77
EV/EBITDA Ratio	7.10	5.90	16.81	26.22	216.12
EV/EBIT Ratio	7.85	6.48	20.80	39.29	—
EV/FCF Ratio	5.64	4.66	—	71.42	13.05
Leverage & Capital
Debt / Equity Ratio	1.29	1.29	2.64	2.50	2.69
Debt / EBITDA Ratio	2.69	2.69	8.75	12.85	120.24
Debt / FCF Ratio	2.14	2.14	—	35.49	8.28
Net Debt / Equity Ratio	1.01	1.01	2.02	2.46	2.67
Net Debt / EBITDA Ratio	2.12	2.12	6.75	12.82	135.75
Net Debt / FCF Ratio	1.67	1.67	-12.13	34.91	8.20
Efficiency & Liquidity
Asset Turnover	1.23	1.23	0.65	0.34	0.16
Inventory Turnover	5.42	5.42	3.01	1.24	0.89
Quick Ratio	0.58	0.58	0.63	0.46	0.46
Current Ratio	1.05	1.05	0.92	0.88	0.94
Returns & Yields
Return on Equity (ROE)	+34.0%	+34.0%	+11.2%	+2.9%	-7.5%
Return on Assets (ROA)	+8.1%	+8.1%	+3.6%	+1.9%	-0.6%
Return on Invested Capital (ROIC)	+19.3%	+18.3%	+7.4%	+3.0%	-1.2%
Return on Capital Employed (ROCE)	+38.4%	+38.4%	+20.7%	+9.0%	-2.9%
Earnings Yield	+12.3%	+14.9%	+3.3%	+1.1%	-3.6%
FCF Yield	+25.2%	+30.5%	-5.2%	+2.6%	+15.2%
Dividend Yield	+1.2%	—	+1.2%	—	—
Payout Ratio	+9.7%	+9.7%	—	—	—
Buyback Yield / Dilution	-0.4%	-0.1%	—	—	—
Total Shareholder Return	+0.8%	-0.1%	+1.2%	—	—

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	1.18B	0.97B	1.16B	0.88B	0.67B
Market Cap Growth	+10.5%	-16.0%	+31.3%	+31.3%	-37.3%
Enterprise Value	1.67B	1.38B	1.82B	1.63B	1.33B
Last Close Price	42.00	34.74	40.57	30.90	23.55
Valuation Multiples
PE Ratio	8.12	6.72	30.06	94.09	—
PS Ratio	0.58	0.48	1.19	1.94	2.92
PB Ratio	2.40	1.99	3.20	2.72	2.15
P/TBV Ratio	2.40	1.99	3.20	2.72	2.15
P/FCF Ratio	3.97	3.28	—	38.61	6.60
P/OCF Ratio	3.86	3.20	—	34.44	6.46
EV/Sales Ratio	0.82	0.68	1.86	3.58	5.77
EV/EBITDA Ratio	7.10	5.90	16.81	26.22	216.12
EV/EBIT Ratio	7.85	6.48	20.80	39.29	—
EV/FCF Ratio	5.64	4.66	—	71.42	13.05
Leverage & Capital
Debt / Equity Ratio	1.29	1.29	2.64	2.50	2.69
Debt / EBITDA Ratio	2.69	2.69	8.75	12.85	120.24
Debt / FCF Ratio	2.14	2.14	—	35.49	8.28
Net Debt / Equity Ratio	1.01	1.01	2.02	2.46	2.67
Net Debt / EBITDA Ratio	2.12	2.12	6.75	12.82	135.75
Net Debt / FCF Ratio	1.67	1.67	-12.13	34.91	8.20
Efficiency & Liquidity
Asset Turnover	1.23	1.23	0.65	0.34	0.16
Inventory Turnover	5.42	5.42	3.01	1.24	0.89
Quick Ratio	0.58	0.58	0.63	0.46	0.46
Current Ratio	1.05	1.05	0.92	0.88	0.94
Returns & Yields
Return on Equity (ROE)	+34.0%	+34.0%	+11.2%	+2.9%	-7.5%
Return on Assets (ROA)	+8.1%	+8.1%	+3.6%	+1.9%	-0.6%
Return on Invested Capital (ROIC)	+19.3%	+18.3%	+7.4%	+3.0%	-1.2%
Return on Capital Employed (ROCE)	+38.4%	+38.4%	+20.7%	+9.0%	-2.9%
Earnings Yield	+12.3%	+14.9%	+3.3%	+1.1%	-3.6%
FCF Yield	+25.2%	+30.5%	-5.2%	+2.6%	+15.2%
Dividend Yield	+1.2%	—	+1.2%	—	—
Payout Ratio	+9.7%	+9.7%	—	—	—
Buyback Yield / Dilution	-0.4%	-0.1%	—	—	—
Total Shareholder Return	+0.8%	-0.1%	+1.2%	—	—