FWRD

Value Q3, 24Q4, 24Q1, 25Q2, 25Q3, 25 TTM Total common shares outstanding 28.95 M30.4 M30.42 M30.79 M31.25 M — Enterprise value ———724.95 M716.91 M — Price to earnings ratio ———-3.81-5.96 — Price to sales ratio ———0.280.3 — Price to cash flow ratio ———71.634.6 — Price to book ratio ———0.951.16 — Enterprise value to EBITDA ratio ———0.650.64 — Return on assets % 0.020.010.0200.01 0.04 Return on equity % 0.220.130.220.060.08 0.49 Return on invested capital % 3.5-58.680.44.582.42 -51.28 Gross margin % 96.5295.8896.5396.4897.08 385.96 Operating margin % 3.46-19.160.783.152.38 -12.85 EBITDA margin % 42.3443.7145.0545.4144.72 178.89 Net margin % 11.195.758.262.032.57 18.62 Quick ratio ————— — Current ratio 1.211.231.131.21.2 4.75 Inventory turnover ————— — Asset turnover 0.210.220.220.220.23 0.88 Debt to assets ratio ————— — Debt to equity ratio ————— — Long term debt to total assets ratio 0.550.60.60.610.6 2.41 Long term debt to total equity ratio 7.48.3110.8611.0812.05 42.29 Operating cash flow per share -1.790.860.910.423.33 5.52 EBIT per share 9.018.687.918.037.9 32.52 EBITDA per share 9.9410.049.159.249.12 37.55 Total debt per share ————— — Cash per share 4.893.813.853.134.53 15.32 Net current asset value per share 19.5117.1616.3415.617.84 66.93 Tangible book value per share -54.52-47.94-44.52-43.51-42.39 -178.35 Working capital per share 3.453.211.822.562.98 10.58 Book value per share 8.097.325.124.994.51 21.95