TADWEEER

National Environmental Recycling Co.

9540StocksTadawulIndustrials

Financials

1-5

	CurrentMar 10, 2026	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025
Market & Price
Market Capitalization	899.95M	751.86M	798.58M	835.59M	897.28M
Market Cap Growth	+13.8%	-10.1%	-16.0%	+23.5%	+16.6%
Enterprise Value	1.25B	1.08B	1.05B	1.04B	1.09B
Last Close Price	3.95	3.30	3.56	3.73	4.00
Valuation Multiples
PE Ratio	14.14	11.91	13.11	15.57	18.03
PS Ratio	0.62	0.51	0.65	0.87	0.99
PB Ratio	2.81	2.35	2.67	3.03	3.39
P/TBV Ratio	2.81	2.35	2.67	3.03	3.39
P/FCF Ratio	—	—	—	—	—
P/OCF Ratio	—	—	—	—	-20.16
EV/Sales Ratio	0.85	0.74	0.85	1.08	1.21
EV/EBITDA Ratio	12.91	11.18	11.47	12.72	14.19
EV/EBIT Ratio	15.15	12.92	13.18	14.66	16.52
EV/FCF Ratio	-9.12	—	—	—	—
Leverage & Capital
Debt / Equity Ratio	1.15	1.15	1.16	1.02	0.80
Debt / EBITDA Ratio	3.80	3.07	2.62	4.05	3.05
Debt / FCF Ratio	—	—	—	—	—
Net Debt / Equity Ratio	1.09	1.09	1.10	0.93	0.76
Net Debt / EBITDA Ratio	3.65	3.62	3.58	3.14	2.62
Net Debt / FCF Ratio	-2.55	-4.03	-2.98	—	-2.35
Efficiency & Liquidity
Asset Turnover	2.51	2.92	—	1.86	—
Inventory Turnover	7.55	9.23	9.16	—	4.95
Quick Ratio	0.67	0.67	0.82	0.58	0.54
Current Ratio	1.40	1.40	1.50	1.78	1.60
Returns & Yields
Return on Equity (ROE)	+26.5%	+32.4%	—	+12.8%	—
Return on Assets (ROA)	+8.3%	+11.1%	—	+7.1%	—
Return on Invested Capital (ROIC)	+3.8%	+4.8%	+2.5%	+2.8%	+5.1%
Return on Capital Employed (ROCE)	+20.2%	+20.5%	+19.9%	+18.6%	+22.2%
Earnings Yield	+7.0%	+8.4%	+7.6%	+6.4%	+5.5%
FCF Yield	-15.2%	-11.5%	-13.9%	—	-9.6%
Buyback Yield / Dilution	+11.9%	+2.0%	0.0%	+1.2%	+29.8%

1-5

	CurrentMar 10, 2026	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025
Market & Price
Market Capitalization	899.95M	751.86M	798.58M	835.59M	897.28M
Market Cap Growth	+13.8%	-10.1%	-16.0%	+23.5%	+16.6%
Enterprise Value	1.25B	1.08B	1.05B	1.04B	1.09B
Last Close Price	3.95	3.30	3.56	3.73	4.00
Valuation Multiples
PE Ratio	14.14	11.91	13.11	15.57	18.03
PS Ratio	0.62	0.51	0.65	0.87	0.99
PB Ratio	2.81	2.35	2.67	3.03	3.39
P/TBV Ratio	2.81	2.35	2.67	3.03	3.39
P/FCF Ratio	—	—	—	—	—
P/OCF Ratio	—	—	—	—	-20.16
EV/Sales Ratio	0.85	0.74	0.85	1.08	1.21
EV/EBITDA Ratio	12.91	11.18	11.47	12.72	14.19
EV/EBIT Ratio	15.15	12.92	13.18	14.66	16.52
EV/FCF Ratio	-9.12	—	—	—	—
Leverage & Capital
Debt / Equity Ratio	1.15	1.15	1.16	1.02	0.80
Debt / EBITDA Ratio	3.80	3.07	2.62	4.05	3.05
Debt / FCF Ratio	—	—	—	—	—
Net Debt / Equity Ratio	1.09	1.09	1.10	0.93	0.76
Net Debt / EBITDA Ratio	3.65	3.62	3.58	3.14	2.62
Net Debt / FCF Ratio	-2.55	-4.03	-2.98	—	-2.35
Efficiency & Liquidity
Asset Turnover	2.51	2.92	—	1.86	—
Inventory Turnover	7.55	9.23	9.16	—	4.95
Quick Ratio	0.67	0.67	0.82	0.58	0.54
Current Ratio	1.40	1.40	1.50	1.78	1.60
Returns & Yields
Return on Equity (ROE)	+26.5%	+32.4%	—	+12.8%	—
Return on Assets (ROA)	+8.3%	+11.1%	—	+7.1%	—
Return on Invested Capital (ROIC)	+3.8%	+4.8%	+2.5%	+2.8%	+5.1%
Return on Capital Employed (ROCE)	+20.2%	+20.5%	+19.9%	+18.6%	+22.2%
Earnings Yield	+7.0%	+8.4%	+7.6%	+6.4%	+5.5%
FCF Yield	-15.2%	-11.5%	-13.9%	—	-9.6%
Buyback Yield / Dilution	+11.9%	+2.0%	0.0%	+1.2%	+29.8%