3092.SR Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	2.35B EUR	2.75B EUR	2.87B EUR	2.84B EUR
Enterprise Value	2.33B EUR	2.7B EUR	2.79B EUR	2.78B EUR
Valuation Multiples
Trailing P/E	12.73x	14.9x	14.94x	21.5x
Forward P/E	9.7x	--	--	--
Price to Sales	3.08x	3.6x	3.77x	5.05x
Price to Book	1.34x	1.57x	1.62x	1.65x
EV/Revenue	3.04x	3.53x	3.65x	4.95x
EV/EBITDA	7.55x	8.67x	8.82x	12.49x
Price to FCF (P/FCF)	39.53x	21.23x	29.78x	49.22x
EV/FCF	39.09x	20.83x	28.86x	48.18x
FCF Yield	2.53%	4.71%	3.36%	2.03%